{ "ticker": { "uuid": "3f7ca37b-5563-43ae-aae5-50dc522b9b39", "symbol": "IWY", "name": "ISHARES TRUST RUSSELL TOP 200 GROWTH 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.027, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 31.586, "architecture_energy": 17.501, "architecture_maturity": 47.315, "architecture_confidence": 79.319, "architecture_tenure": "Developing", "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": 48.32, "rotation_up": 29.49, "upward_expansion": 49.71, "deceleration": 80.9, "rotation_down": 31.18, "downward_expansion": 27.71 }, "activity_lines": [ 282.3, 282.701797, 283.880906, 279.373028 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 290.98, "trend_reference": 274.526755, "distance_from_trend": 0.059933, "trend_direction": "Improving", "fair_value": 227.484718, "distance_from_fair_value": 0.279119, "fair_value_direction": "Weakening", "relative_strength": -5.079828, "relative_strength_direction": "Weakening", "price_momentum": 0.092947, "excess_performance": -0.032678, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059933, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.009404, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.279119, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.058293, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.050798, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.032997, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.092947, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.351011, "read": "Demand-led" } ], "volume": { "latest": 1715628, "relative_activity": 0.809485, "balance": 1.351011, "dry_up": 0.905945, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.041273, "annualized_volatility": 0.202261, "from_high_reference": -0.03915, "from_low_reference": 0.219903 }, "levels": { "trend_reference": 274.526755, "fair_value_reference": 227.484718, "structural_low": 238.527179, "invalidation": 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"Recompressing", "gate": "up", "direction": 45.059377, "energy": 25.045108, "activity_lines": [ 285.514926, 287.283825, 282.400336, 277.743854 ] }, { "date": "2026-07-17", "close": 279.45, "volume": 1371537, "typical_volume": 2220139.35, "trend": 274.225547, "fair_value": 225.12281, "relative_strength": -5.626446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.830525, "energy": 20.530325, "activity_lines": [ 283.629333, 285.591688, 282.799543, 278.087589 ] }, { "date": "2026-07-24", "close": 274.9, "volume": 2473391, "typical_volume": 2159922.75, "trend": 274.037221, "fair_value": 225.849722, "relative_strength": -6.471774, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.129053, "energy": 14.197102, "activity_lines": [ 280.58, 283.255177, 282.681615, 278.131102 ] }, { "date": "2026-07-31", "close": 276.38, "volume": 2119709, "typical_volume": 2152362.7, "trend": 274.072929, "fair_value": 226.615055, "relative_strength": -6.826765, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.088583, "energy": 11.315204, "activity_lines": [ 278.946667, 281.499341, 282.635469, 278.282249 ] }, { "date": "2026-08-07", "close": 290.98, "volume": 1715628, "typical_volume": 2119407.85, "trend": 274.526755, "fair_value": 227.484718, "relative_strength": -5.079828, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.585897, "energy": 17.501415, "activity_lines": [ 282.3, 282.701797, 283.880906, 279.373028 ] } ], "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." } } }