{ "ticker": { "uuid": "3c7cc11d-d97c-47f4-b414-cea2066f8bfe", "symbol": "EQWL", "name": "INVESCO EXCHANGE TRADED FD TR S&P 100 EQUAL WEIGHT ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.353, "architecture_energy": 67.384, "architecture_maturity": 41.853, "architecture_confidence": 83.166, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 8.57, "rotation_up": 61.33, "upward_expansion": 84.45, "deceleration": 57.46, "rotation_down": 25.01, "downward_expansion": 11.12 }, "activity_lines": [ 131.132667, 130.27354, 128.114438, 125.859034 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 133.93, "trend_reference": 123.490817, "distance_from_trend": 0.084534, "trend_direction": "Improving", "fair_value": 102.202738, "distance_from_fair_value": 0.310435, "fair_value_direction": "Improving", "relative_strength": -0.224108, "relative_strength_direction": "Improving", "price_momentum": 0.096166, "excess_performance": -0.029459, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084534, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03531, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.310435, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.040293, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002241, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.030907, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.096166, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.318627, "read": "Demand-led" } ], "volume": { "latest": 321282, "relative_activity": 0.757079, "balance": 1.318627, "dry_up": 0.827898, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.019317, "annualized_volatility": 0.113436, "from_high_reference": -0.000448, "from_low_reference": 0.233593 }, "levels": { "trend_reference": 123.490817, "fair_value_reference": 102.202738, "structural_low": 112.31, 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80.018182, "activity_lines": [ 128.880312, 127.736237, 124.649777, 123.167108 ] }, { "date": "2026-07-10", "close": 130.33, "volume": 368317, "typical_volume": 491176.4, "trend": 121.874309, "fair_value": 100.884348, "relative_strength": -0.579972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.704279, "energy": 80.42309, "activity_lines": [ 129.58316, 128.421105, 125.404211, 123.739721 ] }, { "date": "2026-07-17", "close": 129.29, "volume": 352258, "typical_volume": 468195.0, "trend": 122.2687, "fair_value": 101.203122, "relative_strength": 0.197789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.110599, "energy": 76.274061, "activity_lines": [ 129.639029, 128.773227, 126.018231, 124.218153 ] }, { "date": "2026-07-24", "close": 129.25, "volume": 394298, "typical_volume": 443012.75, "trend": 122.619159, "fair_value": 101.518524, "relative_strength": 0.767033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.224926, "energy": 67.595238, "activity_lines": [ 129.596, 129.027918, 126.592358, 124.668559 ] }, { "date": "2026-07-31", "close": 130.17, "volume": 337505, "typical_volume": 433543.45, "trend": 123.028489, "fair_value": 101.849171, "relative_strength": 0.38225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.632635, "energy": 57.437087, "activity_lines": [ 129.795333, 129.344696, 127.206741, 125.15571 ] }, { "date": "2026-08-07", "close": 133.93, "volume": 321282, "typical_volume": 424370.6, "trend": 123.490817, "fair_value": 102.202738, "relative_strength": -0.224108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.353037, "energy": 67.384087, "activity_lines": [ 131.132667, 130.27354, 128.114438, 125.859034 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }