{
  "ticker": {
    "uuid": "461bffff-a204-4244-87b3-3cafbf98d5a7",
    "symbol": "ERET",
    "name": "ISHARES ENVIRONMENTALLY AWARE REAL ESTATE 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": 56.845,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 60.388,
    "architecture_energy": 59.266,
    "architecture_maturity": 32.773,
    "architecture_confidence": 70.618,
    "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": 19.44,
        "rotation_up": 64.2,
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        "deceleration": 48.67,
        "rotation_down": 14.61,
        "downward_expansion": 11.53
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
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    "distance_from_fair_value": 0.177747,
    "fair_value_direction": "Weakening",
    "relative_strength": -6.595348,
    "relative_strength_direction": "Improving",
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
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        "read": "Premium"
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      {
        "label": "Fair Value direction",
        "positive": false,
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        "read": "Moving away"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.065953,
        "read": "Lagging"
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        "label": "Relative strength direction",
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        "value": 0.032398,
        "read": "Improving"
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      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.049534,
        "read": "Positive"
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        "label": "Volume balance",
        "positive": false,
        "value": 0.833681,
        "read": "Supply-led"
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      "accumulation_observations": 3,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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      {
        "date": "2026-06-26",
        "close": 29.3416,
        "volume": 20551,
        "typical_volume": 11580.85,
        "trend": 27.879697,
        "fair_value": 24.758085,
        "relative_strength": -5.819375,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.15735,
        "energy": 37.302513,
        "activity_lines": [
          28.823215,
          28.718811,
          28.477672,
          28.280049
        ]
      },
      {
        "date": "2026-07-03",
        "close": 29.2181,
        "volume": 20167,
        "typical_volume": 12529.15,
        "trend": 27.977471,
        "fair_value": 24.804682,
        "relative_strength": -6.782304,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.84772,
        "energy": 48.391229,
        "activity_lines": [
          28.990424,
          28.815818,
          28.558143,
          28.366398
        ]
      },
      {
        "date": "2026-07-10",
        "close": 29.0593,
        "volume": 4854,
        "typical_volume": 12331.05,
        "trend": 28.0715,
        "fair_value": 24.845016,
        "relative_strength": -8.690791,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.370062,
        "energy": 45.801077,
        "activity_lines": [
          29.061111,
          28.873114,
          28.622164,
          28.436193
        ]
      },
      {
        "date": "2026-07-17",
        "close": 29.73,
        "volume": 2292,
        "typical_volume": 12229.9,
        "trend": 28.187168,
        "fair_value": 24.888455,
        "relative_strength": -2.408352,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.372128,
        "energy": 68.156076,
        "activity_lines": [
          29.30344,
          29.047646,
          28.750031,
          28.543193
        ]
      },
      {
        "date": "2026-07-24",
        "close": 29.977,
        "volume": 23734,
        "typical_volume": 12922.65,
        "trend": 28.302486,
        "fair_value": 24.934805,
        "relative_strength": 0.084885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.269042,
        "energy": 73.233574,
        "activity_lines": [
          29.584047,
          29.253596,
          28.899558,
          28.658666
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.6728,
        "volume": 3025,
        "typical_volume": 12940.2,
        "trend": 28.408791,
        "fair_value": 24.983076,
        "relative_strength": -1.362237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.612756,
        "energy": 63.382105,
        "activity_lines": [
          29.653247,
          29.371508,
          29.011936,
          28.747074
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.4791,
        "volume": 12547,
        "typical_volume": 13031.0,
        "trend": 28.491521,
        "fair_value": 25.030069,
        "relative_strength": -6.595348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.387668,
        "energy": 59.265523,
        "activity_lines": [
          29.6358,
          29.436079,
          29.095864,
          28.816126
        ]
      }
    ],
    "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."
    }
  }
}