{ "ticker": { "uuid": "47e05cc9-41a5-4a34-94d3-5a06379dab5d", "symbol": "DVND", "name": "TOUCHSTONE ETF TRUST DIVIDEND SELECT 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": 90.168, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.557, "architecture_energy": 82.508, "architecture_maturity": 36.689, "architecture_confidence": 80.147, "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": 10.47, "rotation_up": 69.25, "upward_expansion": 90.23, "deceleration": 49.51, "rotation_down": 19.98, "downward_expansion": 16.89 }, "activity_lines": [ 39.05798, 38.767918, 38.321251, 37.841347 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 39.889, "trend_reference": 37.327872, "distance_from_trend": 0.068612, "trend_direction": "Improving", "fair_value": 31.322752, "distance_from_fair_value": 0.273483, "fair_value_direction": "Improving", "relative_strength": -1.505872, "relative_strength_direction": "Improving", "price_momentum": 0.068276, "excess_performance": -0.057349, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.068612, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034448, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.273483, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.036903, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015059, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.023807, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.068276, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.017067, "read": "Demand-led" } ], "volume": { "latest": 923, "relative_activity": 0.056963, "balance": 2.017067, "dry_up": 0.108619, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.013684, "annualized_volatility": 0.097264, "from_high_reference": 0.0, "from_low_reference": 0.208721 }, "levels": { "trend_reference": 37.327872, "fair_value_reference": 31.322752, "structural_low": 34.6945, 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"2026-06-19", "close": 38.356439, "volume": 3509, "typical_volume": 16491.85, "trend": 36.507303, "fair_value": 30.725299, "relative_strength": -2.309501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.847576, "energy": 75.349102, "activity_lines": [ 38.28389, 37.99278, 37.322776, 37.004749 ] }, { "date": "2026-06-26", "close": 38.07385, "volume": 3670, "typical_volume": 16610.6, "trend": 36.611341, "fair_value": 30.807674, "relative_strength": -0.628605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.491417, "energy": 56.629671, "activity_lines": [ 38.227452, 38.052845, 37.423624, 37.105816 ] }, { "date": "2026-07-03", "close": 38.5335, "volume": 4344, "typical_volume": 16756.5, "trend": 36.731657, "fair_value": 30.895828, "relative_strength": -1.48696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.623838, "energy": 59.93203, "activity_lines": [ 38.329919, 38.180663, 37.564752, 37.229827 ] }, { "date": "2026-07-10", "close": 38.6882, "volume": 2795, "typical_volume": 16754.85, "trend": 36.850024, "fair_value": 30.981849, "relative_strength": -2.326391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.468119, "energy": 68.515031, "activity_lines": [ 38.467264, 38.310521, 37.71476, 37.356055 ] }, { "date": "2026-07-17", "close": 38.3244, "volume": 2325, "typical_volume": 16446.05, "trend": 36.963239, "fair_value": 31.062348, "relative_strength": -1.654109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.164975, "energy": 56.894439, "activity_lines": [ 38.431963, 38.346959, 37.824417, 37.451176 ] }, { "date": "2026-07-24", "close": 38.4395, "volume": 1455, "typical_volume": 16390.85, "trend": 37.0668, "fair_value": 31.14292, "relative_strength": -0.738548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.773753, "energy": 55.590469, "activity_lines": [ 38.446703, 38.386475, 37.940338, 37.546419 ] }, { "date": "2026-07-31", "close": 38.9423, "volume": 2337, "typical_volume": 16307.25, "trend": 37.193109, "fair_value": 31.229859, "relative_strength": -0.502728, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.907032, "energy": 64.20385, "activity_lines": [ 38.623507, 38.498252, 38.093593, 37.667419 ] }, { "date": "2026-08-07", "close": 39.889, "volume": 923, "typical_volume": 16203.5, "trend": 37.327872, "fair_value": 31.322752, "relative_strength": -1.505872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.556895, "energy": 82.508154, "activity_lines": [ 39.05798, 38.767918, 38.321251, 37.841347 ] } ], "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." } } }