{ "ticker": { "uuid": "476b565a-057e-4138-b255-119f4e35b684", "symbol": "JPRE", "name": "JP MORGAN ETF TRUST REALTY INCOME 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": 73.146, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 59.627, "architecture_energy": 46.751, "architecture_maturity": 35.627, "architecture_confidence": 72.569, "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": 13.52, "rotation_up": 58.89, "upward_expansion": 79.41, "deceleration": 56.37, "rotation_down": 18.63, "downward_expansion": 6.08 }, "activity_lines": [ 53.789333, 53.486447, 52.74083, 51.992256 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 53.32, "trend_reference": 51.00738, "distance_from_trend": 0.045339, "trend_direction": "Improving", "fair_value": 45.63339, "distance_from_fair_value": 0.168443, "fair_value_direction": "Improving", "relative_strength": -3.494585, "relative_strength_direction": "Improving", "price_momentum": 0.094289, "excess_performance": -0.031336, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045339, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043337, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.168443, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.004528, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034946, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.002512, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.094289, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.767407, "read": "Supply-led" } ], "volume": { "latest": 58947, "relative_activity": 0.539718, "balance": 0.767407, "dry_up": 0.798471, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.031233, "annualized_volatility": 0.161993, "from_high_reference": -0.034583, "from_low_reference": 0.172682 }, "levels": { "trend_reference": 51.00738, "fair_value_reference": 45.63339, "structural_low": 47.22, "invalidation": 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"volume": 144744, "typical_volume": 130224.65, "trend": 50.021906, "fair_value": 45.272342, "relative_strength": -2.348043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.865709, "energy": 43.486016, "activity_lines": [ 52.82863, 52.458354, 51.724301, 51.069858 ] }, { "date": "2026-07-17", "close": 54.09, "volume": 91265, "typical_volume": 113351.3, "trend": 50.287109, "fair_value": 45.357466, "relative_strength": 1.603335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.154672, "energy": 65.951606, "activity_lines": [ 53.292592, 52.811102, 52.015657, 51.332315 ] }, { "date": "2026-07-24", "close": 54.99, "volume": 97601, "typical_volume": 114651.5, "trend": 50.56171, "fair_value": 45.452945, "relative_strength": 3.948736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.468898, "energy": 74.534679, "activity_lines": [ 53.97196, 53.28578, 52.378434, 51.635728 ] }, { "date": "2026-07-31", "close": 53.56, "volume": 101017, "typical_volume": 112233.05, "trend": 50.7921, "fair_value": 45.544348, "relative_strength": 0.237699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.367472, "energy": 57.937227, "activity_lines": [ 53.924, 53.420887, 52.581028, 51.829166 ] }, { "date": "2026-08-07", "close": 53.32, "volume": 58947, "typical_volume": 109218.05, "trend": 51.00738, "fair_value": 45.63339, "relative_strength": -3.494585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.627421, "energy": 46.750897, "activity_lines": [ 53.789333, 53.486447, 52.74083, 51.992256 ] } ], "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." } } }