{ "ticker": { "uuid": "475875c2-837d-4202-a4a7-ea06f4c46efb", "symbol": "SEIS", "name": "SEI SELECT SMALL CAP 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 68.449, "architecture_energy": 43.884, "architecture_maturity": 39.87, "architecture_confidence": 52.785, "architecture_tenure": "New", "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": 31.18, "rotation_up": 41.7, "upward_expansion": 70.33, "deceleration": 72.64, "rotation_down": 27.79, "downward_expansion": 10.66 }, "activity_lines": [ 32.63526, 32.599128, 32.122617, 31.366981 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 33.3324, "trend_reference": 30.542869, "distance_from_trend": 0.091332, "trend_direction": "Improving", "fair_value": 27.441118, "distance_from_fair_value": 0.214688, "fair_value_direction": "Improving", "relative_strength": -0.47419, "relative_strength_direction": "Improving", "price_momentum": 0.116056, "excess_performance": -0.071398, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.091332, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052008, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.214688, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.022755, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.004742, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036341, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.116056, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.295232, "read": "Demand-led" } ], "volume": { "latest": 275707, "relative_activity": 1.101809, "balance": 1.295232, "dry_up": 1.110543, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.033666, "annualized_volatility": 0.165206, "from_high_reference": -0.012666, "from_low_reference": 0.294314 }, "levels": { "trend_reference": 30.542869, "fair_value_reference": 27.441118, "structural_low": 26.567318, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, 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"energy": 51.291814, "activity_lines": [ 32.624278, 32.408928, 31.625313, 30.923592 ] }, { "date": "2026-07-24", "close": 32.0736, "volume": 247905, "typical_volume": 240706.35, "trend": 30.268216, "fair_value": 27.326825, "relative_strength": 1.2917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.008499, "energy": 42.248911, "activity_lines": [ 32.42335, 32.403097, 31.765517, 31.04754 ] }, { "date": "2026-07-31", "close": 32.2934, "volume": 395458, "typical_volume": 249388.5, "trend": 30.40625, "fair_value": 27.379105, "relative_strength": 1.372997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.22789, "energy": 33.718312, "activity_lines": [ 32.333834, 32.41433, 31.906552, 31.178197 ] }, { "date": "2026-08-07", "close": 33.3324, "volume": 275707, "typical_volume": 250231.15, "trend": 30.542869, "fair_value": 27.441118, "relative_strength": -0.47419, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.448883, "energy": 43.883903, "activity_lines": [ 32.63526, 32.599128, 32.122617, 31.366981 ] } ], "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." } } }