{ "ticker": { "uuid": "4361f11a-99d6-4ea6-93f6-906f8729df5a", "symbol": "UPGD", "name": "INVESCO EXCHANGE TRADED FD TR BLOOMBERG ANALYST RATING IMPROVERS 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": 81.836, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.639, "architecture_energy": 53.534, "architecture_maturity": 45.075, "architecture_confidence": 67.466, "architecture_tenure": "Developing", "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": 14.11, "rotation_up": 55.02, "upward_expansion": 80.99, "deceleration": 64.0, "rotation_down": 25.24, "downward_expansion": 7.66 }, "activity_lines": [ 82.78774, 82.441351, 81.107718, 79.826563 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 84.1984, "trend_reference": 78.613223, "distance_from_trend": 0.071046, "trend_direction": "Improving", "fair_value": 68.416163, "distance_from_fair_value": 0.23068, "fair_value_direction": "Improving", "relative_strength": -1.773845, "relative_strength_direction": "Improving", "price_momentum": 0.06599, "excess_performance": -0.059635, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071046, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036439, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.23068, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.04811, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017738, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036561, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.06599, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.450368, "read": "Supply-led" } ], "volume": { "latest": 2497, "relative_activity": 0.180148, "balance": 0.450368, "dry_up": 0.335171, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.025046, "annualized_volatility": 0.146819, "from_high_reference": -0.002507, "from_low_reference": 0.208839 }, "levels": { "trend_reference": 78.613223, "fair_value_reference": 68.416163, "structural_low": 71.5132, 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-1.619279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.869759, "energy": 64.367941, "activity_lines": [ 82.18272, 81.462633, 79.491207, 78.639077 ] }, { "date": "2026-07-17", "close": 82.3278, "volume": 2920, "typical_volume": 14195.0, "trend": 77.876767, "fair_value": 67.924526, "relative_strength": -0.297591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.903117, "energy": 65.067497, "activity_lines": [ 82.325633, 81.779925, 79.902039, 78.942483 ] }, { "date": "2026-07-24", "close": 81.7531, "volume": 9636, "typical_volume": 14050.05, "trend": 78.097093, "fair_value": 68.077119, "relative_strength": -0.337183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.350595, "energy": 52.557517, "activity_lines": [ 82.226193, 81.91996, 80.244514, 79.192569 ] }, { "date": "2026-07-31", "close": 82.0883, "volume": 3530, "typical_volume": 14050.0, "trend": 78.36269, "fair_value": 68.239175, "relative_strength": -0.943182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.747588, "energy": 45.784478, "activity_lines": [ 82.170287, 82.014767, 80.59491, 79.450066 ] }, { "date": "2026-08-07", "close": 84.1984, "volume": 2497, "typical_volume": 13860.85, "trend": 78.613223, "fair_value": 68.416163, "relative_strength": -1.773845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.639323, "energy": 53.534102, "activity_lines": [ 82.78774, 82.441351, 81.107718, 79.826563 ] } ], "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." } } }