{ "ticker": { "uuid": "3d789ca8-adea-4255-a0d7-3e3bb7bca8fe", "symbol": "XSMO", "name": "INVESCO EXCHANGE TRADED FD TR S&P SMALLCAP MOMENTUM 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": 84.819, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 37.049, "architecture_energy": 19.644, "architecture_maturity": 57.418, "architecture_confidence": 82.931, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 41.71, "rotation_up": 27.15, "upward_expansion": 57.53, "deceleration": 88.05, "rotation_down": 27.26, "downward_expansion": 18.87 }, "activity_lines": [ 87.835333, 88.50643, 87.817467, 85.849611 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 88.7, "trend_reference": 83.283709, "distance_from_trend": 0.065034, "trend_direction": "Improving", "fair_value": 66.392441, "distance_from_fair_value": 0.335995, "fair_value_direction": "Weakening", "relative_strength": 0.648891, "relative_strength_direction": "Weakening", "price_momentum": 0.105117, "excess_performance": -0.020508, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065034, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.067348, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.335995, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.047012, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006489, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.048817, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.105117, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.846374, "read": "Supply-led" } ], "volume": { "latest": 1332976, "relative_activity": 1.126618, "balance": 0.846374, "dry_up": 1.078724, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.042238, "annualized_volatility": 0.162698, "from_high_reference": -0.053109, "from_low_reference": 0.304013 }, "levels": { "trend_reference": 83.283709, "fair_value_reference": 66.392441, "structural_low": 73.2401, "invalidation": "A 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84.422743 ] }, { "date": "2026-07-17", "close": 87.76, "volume": 1406629, "typical_volume": 1260424.95, "trend": 81.923662, "fair_value": 65.653377, "relative_strength": 4.027577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.241811, "energy": 45.118106, "activity_lines": [ 89.245639, 88.954651, 87.032518, 84.829569 ] }, { "date": "2026-07-24", "close": 87.45, "volume": 1161736, "typical_volume": 1240906.9, "trend": 82.354925, "fair_value": 65.89757, "relative_strength": 4.09083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.243094, "energy": 31.518381, "activity_lines": [ 88.51, 88.810312, 87.330897, 85.186107 ] }, { "date": "2026-07-31", "close": 86.76, "volume": 1203896, "typical_volume": 1196406.3, "trend": 82.820764, "fair_value": 66.138035, "relative_strength": 2.019843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.324563, "energy": 21.128655, "activity_lines": [ 87.704667, 88.489462, 87.510083, 85.470306 ] }, { "date": "2026-08-07", "close": 88.7, "volume": 1332976, "typical_volume": 1183165.4, "trend": 83.283709, "fair_value": 66.392441, "relative_strength": 0.648891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.048639, "energy": 19.644288, "activity_lines": [ 87.835333, 88.50643, 87.817467, 85.849611 ] } ], "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." } } }