{ "ticker": { "uuid": "48301833-6735-4668-a3f8-bd7b2f69f7e6", "symbol": "CDL", "name": "VICTORYSHARES US LARGE CAP HIGH DIV VOLATILITY WTD 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": 94.643, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.457, "architecture_energy": 55.946, "architecture_maturity": 41.841, "architecture_confidence": 72.642, "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": 9.56, "rotation_up": 66.5, "upward_expansion": 83.91, "deceleration": 58.82, "rotation_down": 17.9, "downward_expansion": 8.24 }, "activity_lines": [ 79.548738, 79.022854, 77.739661, 76.823905 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 79.7832, "trend_reference": 75.607134, "distance_from_trend": 0.055234, "trend_direction": "Improving", "fair_value": 63.386798, "distance_from_fair_value": 0.258672, "fair_value_direction": "Improving", "relative_strength": -3.250469, "relative_strength_direction": "Improving", "price_momentum": 0.07095, "excess_performance": -0.116504, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.055234, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048126, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.258672, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034618, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.032505, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.064237, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.07095, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.754533, "read": "Demand-led" } ], "volume": { "latest": 39157, "relative_activity": 1.089491, "balance": 1.754533, "dry_up": 1.09676, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.022604, "annualized_volatility": 0.105452, "from_high_reference": -0.023949, "from_low_reference": 0.217578 }, "levels": { "trend_reference": 75.607134, "fair_value_reference": 63.386798, "structural_low": 71.914422, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 38, "median_return": 0.010667, "positive_rate": 0.631579, "directional_follow_through": 0.631579, "median_excess_return": -0.00342, "regime_survival": 0.842105, "best_return": 0.060035, "worst_return": -0.095822, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.026758, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": -0.014267, "regime_survival": 0.615385, "best_return": 0.070109, "worst_return": -0.034085, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.052454, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": -0.036201, "regime_survival": 0.625, "best_return": 0.127968, "worst_return": -0.016832, "sufficient": true }, { 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62.864921, "relative_strength": 0.14476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.780004, "energy": 80.633548, "activity_lines": [ 78.847607, 77.932913, 76.69927, 75.908475 ] }, { "date": "2026-07-24", "close": 79.868862, "volume": 22024, "typical_volume": 36466.55, "trend": 74.890677, "fair_value": 63.036498, "relative_strength": 2.216425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.462582, "energy": 79.306766, "activity_lines": [ 79.360428, 78.42581, 77.096241, 76.254644 ] }, { "date": "2026-07-31", "close": 79.185127, "volume": 41001, "typical_volume": 35841.7, "trend": 75.254108, "fair_value": 63.210454, "relative_strength": 0.83419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.865387, "energy": 58.87089, "activity_lines": [ 79.383785, 78.693105, 77.402896, 76.531705 ] }, { "date": "2026-08-07", "close": 79.7832, "volume": 39157, "typical_volume": 35940.65, "trend": 75.607134, "fair_value": 63.386798, "relative_strength": -3.250469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.457269, "energy": 55.946098, "activity_lines": [ 79.548738, 79.022854, 77.739661, 76.823905 ] } ], "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." } } }