{ "ticker": { "uuid": "456ec676-794f-4d65-951d-035abda09349", "symbol": "QOWZ", "name": "Invesco Nasdaq Free Cash Flow Achievers ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 48.492, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 90.85, "architecture_energy": 85.498, "architecture_maturity": 14.262, "architecture_confidence": 61.694, "architecture_tenure": "New", "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": 23.82, "rotation_up": 81.78, "upward_expansion": 94.0, "deceleration": 41.88, "rotation_down": 9.24, "downward_expansion": 18.34 }, "activity_lines": [ 35.614327, 34.92878, 34.37324, 33.992073 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 37.3144, "trend_reference": 33.821511, "distance_from_trend": 0.103274, "trend_direction": "Weakening", "fair_value": 32.363029, "distance_from_fair_value": 0.152995, "fair_value_direction": "Improving", "relative_strength": -6.376788, "relative_strength_direction": "Improving", "price_momentum": 0.087621, "excess_performance": -0.099832, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.103274, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.012413, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.152995, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.10519, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.063768, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.134455, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.087621, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.445269, "read": "Demand-led" } ], "volume": { "latest": 2629, "relative_activity": 0.249495, "balance": 1.445269, "dry_up": 0.667344, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.027946, "annualized_volatility": 0.184276, "from_high_reference": 0.0, "from_low_reference": 0.220103 }, "levels": { "trend_reference": 33.821511, "fair_value_reference": 32.363029, "structural_low": 30.583, 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37.3144, "volume": 2629, "typical_volume": 10537.3, "trend": 33.821511, "fair_value": 32.363029, "relative_strength": -6.376788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.85011, "energy": 85.498323, "activity_lines": [ 35.614327, 34.92878, 34.37324, 33.992073 ] } ], "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." } } }