{ "ticker": { "uuid": "3e54628e-a2b2-405e-88c3-4e76abab01fa", "symbol": "IWN", "name": "ISHARES TRUST RUSSELL 2000 VALUE 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": 72.924, "architecture_energy": 58.81, "architecture_maturity": 56.971, "architecture_confidence": 80.581, "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": 10.47, "rotation_up": 56.76, "upward_expansion": 82.69, "deceleration": 63.46, "rotation_down": 25.57, "downward_expansion": 9.35 }, "activity_lines": [ 222.764667, 221.466804, 216.911879, 211.611478 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 225.52, "trend_reference": 205.45937, "distance_from_trend": 0.097638, "trend_direction": "Improving", "fair_value": 164.190163, "distance_from_fair_value": 0.373529, "fair_value_direction": "Improving", "relative_strength": 4.375841, "relative_strength_direction": "Weakening", "price_momentum": 0.133028, "excess_performance": 0.007403, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097638, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068163, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.373529, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.0323, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.043758, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.015112, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.133028, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.912916, "read": "Supply-led" } ], "volume": { "latest": 3479063, "relative_activity": 0.989642, "balance": 0.912916, "dry_up": 0.875197, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.028845, "annualized_volatility": 0.144215, "from_high_reference": -0.007875, "from_low_reference": 0.429856 }, "levels": { "trend_reference": 205.45937, "fair_value_reference": 164.190163, "structural_low": 181.374746, 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205.03283 ] }, { "date": "2026-07-10", "close": 219.97, "volume": 2121242, "typical_volume": 3629168.0, "trend": 200.383921, "fair_value": 162.081669, "relative_strength": 5.487288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.621037, "energy": 74.840207, "activity_lines": [ 220.049605, 217.004887, 210.943849, 206.371279 ] }, { "date": "2026-07-17", "close": 222.34, "volume": 2391862, "typical_volume": 3625285.3, "trend": 201.685844, "fair_value": 162.611815, "relative_strength": 7.992979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.950576, "energy": 76.574085, "activity_lines": [ 221.02, 218.419861, 212.620516, 207.7878 ] }, { "date": "2026-07-24", "close": 221.42, "volume": 2677141, "typical_volume": 3578666.85, "trend": 202.954783, "fair_value": 163.122723, "relative_strength": 7.872217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.297852, "energy": 60.822663, "activity_lines": [ 221.364, 219.458985, 214.085562, 209.060972 ] }, { "date": "2026-07-31", "close": 221.24, "volume": 3758865, "typical_volume": 3513885.0, "trend": 204.272373, "fair_value": 163.637935, "relative_strength": 6.285225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.453411, "energy": 54.208123, "activity_lines": [ 221.344667, 220.170991, 215.380058, 210.240663 ] }, { "date": "2026-08-07", "close": 225.52, "volume": 3479063, "typical_volume": 3515476.3, "trend": 205.45937, "fair_value": 164.190163, "relative_strength": 4.375841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.923531, "energy": 58.810179, "activity_lines": [ 222.764667, 221.466804, 216.911879, 211.611478 ] } ], "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." } } }