{ "ticker": { "uuid": "4b60b7e7-e173-465d-8ea9-9f3365c02518", "symbol": "NVIR", "name": "LISTED FUND TRUST HORIZON KINETICS ENERGY&REMEDIATION 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": 50.34, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 25.969, "architecture_energy": 22.03, "architecture_maturity": 31.03, "architecture_confidence": 53.647, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 50.8, "rotation_up": 55.98, "upward_expansion": 60.55, "deceleration": 55.68, "rotation_down": 9.2, "downward_expansion": 15.89 }, "activity_lines": [ 39.118093, 38.781031, 38.902484, 38.954268 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 39.0575, "trend_reference": 38.65546, "distance_from_trend": 0.010401, "trend_direction": "Improving", "fair_value": 30.617154, "distance_from_fair_value": 0.275674, "fair_value_direction": "Weakening", "relative_strength": -2.661987, "relative_strength_direction": "Weakening", "price_momentum": 0.054992, "excess_performance": -0.070633, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.010401, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052609, "read": "Rising" }, { "label": "Price vs 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30.536547, "relative_strength": 1.163521, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 26.365566, "energy": 18.803527, "activity_lines": [ 39.010167, 38.696675, 38.911479, 38.915544 ] }, { "date": "2026-08-07", "close": 39.0575, "volume": 624, "typical_volume": 4299.55, "trend": 38.65546, "fair_value": 30.617154, "relative_strength": -2.661987, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 25.969048, "energy": 22.030229, "activity_lines": [ 39.118093, 38.781031, 38.902484, 38.954268 ] } ], "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." } } }