{ "ticker": { "uuid": "4f05007e-6ac8-47bd-9806-575b4ef956d7", "symbol": "BUFZ", "name": "FT VEST LADDERED MODERATE BUFFER ETF", "exchange": "CBOE", "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": 54.502, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.112, "architecture_energy": 67.458, "architecture_maturity": 41.311, "architecture_confidence": 78.666, "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": 11.51, "rotation_up": 62.55, "upward_expansion": 84.66, "deceleration": 55.66, "rotation_down": 23.49, "downward_expansion": 11.33 }, "activity_lines": [ 28.14766, 28.030444, 27.848826, 27.570865 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 28.42, "trend_reference": 27.239997, "distance_from_trend": 0.043319, "trend_direction": "Improving", "fair_value": 24.356788, "distance_from_fair_value": 0.166821, "fair_value_direction": "Improving", "relative_strength": -5.234221, "relative_strength_direction": "Improving", "price_momentum": 0.064021, "excess_performance": -0.061604, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.043319, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020065, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.166821, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.016507, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.052342, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001643, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.064021, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.148836, "read": "Demand-led" } ], "volume": { "latest": 619520, "relative_activity": 0.793898, "balance": 3.148836, "dry_up": 1.02085, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.010373, "annualized_volatility": 0.055414, "from_high_reference": 0.0, "from_low_reference": 0.12226 }, "levels": { "trend_reference": 27.239997, "fair_value_reference": 24.356788, "structural_low": 25.78, "invalidation": "A 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"date": "2026-07-10", "close": 28.0749, "volume": 486594, "typical_volume": 729683.55, "trend": 27.03733, "fair_value": 24.251557, "relative_strength": -4.684427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.981344, "energy": 71.571322, "activity_lines": [ 27.909633, 27.843527, 27.5628, 27.317058 ] }, { "date": "2026-07-17", "close": 27.92, "volume": 564097, "typical_volume": 734849.55, "trend": 27.085997, "fair_value": 24.27721, "relative_strength": -3.583695, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.300534, "energy": 68.395818, "activity_lines": [ 27.92764, 27.867165, 27.627824, 27.374005 ] }, { "date": "2026-07-24", "close": 27.92, "volume": 971705, "typical_volume": 750050.8, "trend": 27.13033, "fair_value": 24.302508, "relative_strength": -2.898362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.69302, "energy": 63.170105, "activity_lines": [ 27.935647, 27.885349, 27.687063, 27.427811 ] }, { "date": "2026-07-31", "close": 28.11, "volume": 1031168, "typical_volume": 776042.15, "trend": 27.18233, "fair_value": 24.328766, "relative_strength": -3.14573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.531693, "energy": 62.246816, "activity_lines": [ 28.002987, 27.932987, 27.757397, 27.491016 ] }, { "date": "2026-08-07", "close": 28.42, "volume": 619520, "typical_volume": 780352.15, "trend": 27.239997, "fair_value": 24.356788, "relative_strength": -5.234221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.112444, "energy": 67.457936, "activity_lines": [ 28.14766, 28.030444, 27.848826, 27.570865 ] } ], "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." } } }