{ "ticker": { "uuid": "4f2c5892-2739-46b4-8bf4-f7a9b6852748", "symbol": "EJAN", "name": "INNOVATOR ETFS TRUST EMERGING MARKETS POWR BUFFER ETF JANUARY", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.353, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 66.178, "architecture_energy": 35.983, "architecture_maturity": 23.99, "architecture_confidence": 52.591, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 35.26, "rotation_up": 44.53, "upward_expansion": 74.82, "deceleration": 66.4, "rotation_down": 24.52, "downward_expansion": 3.82 }, "activity_lines": [ 35.88182, 35.80696, 35.723692, 35.467087 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 36.3031, "trend_reference": 35.1917, "distance_from_trend": 0.031581, "trend_direction": "Improving", "fair_value": 31.208276, "distance_from_fair_value": 0.163252, "fair_value_direction": "Weakening", "relative_strength": -5.96709, "relative_strength_direction": "Weakening", "price_momentum": 0.035988, "excess_performance": -0.089637, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.031581, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019756, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.163252, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.016454, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.059671, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.019862, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.035988, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.710622, "read": "Supply-led" } ], "volume": { "latest": 48659, "relative_activity": 0.609622, "balance": 0.710622, "dry_up": 0.447369, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.016308, "annualized_volatility": 0.104903, "from_high_reference": -0.00129, "from_low_reference": 0.122198 }, "levels": { "trend_reference": 35.1917, "fair_value_reference": 31.208276, "structural_low": 33.01, "invalidation": "A 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"volume": 11099, "typical_volume": 103730.8, "trend": 34.953733, "fair_value": 31.032651, "relative_strength": -5.39482, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.479709, "energy": 42.831271, "activity_lines": [ 35.816873, 35.768731, 35.514772, 35.278943 ] }, { "date": "2026-07-17", "close": 35.3655, "volume": 19073, "typical_volume": 99699.6, "trend": 35.010287, "fair_value": 31.074943, "relative_strength": -5.151439, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.938264, "energy": 23.090766, "activity_lines": [ 35.658473, 35.695249, 35.535073, 35.305509 ] }, { "date": "2026-07-24", "close": 35.5439, "volume": 38872, "typical_volume": 92569.9, "trend": 35.070583, "fair_value": 31.113045, "relative_strength": -3.985322, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.179458, "energy": 17.902584, "activity_lines": [ 35.58784, 35.667778, 35.5721, 35.339935 ] }, { "date": "2026-07-31", "close": 35.865, "volume": 36229, "typical_volume": 86250.8, "trend": 35.12667, "fair_value": 31.157621, "relative_strength": -4.009986, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.943262, "energy": 22.725663, "activity_lines": [ 35.66484, 35.699678, 35.631879, 35.391188 ] }, { "date": "2026-08-07", "close": 36.3031, "volume": 48659, "typical_volume": 79818.35, "trend": 35.1917, "fair_value": 31.208276, "relative_strength": -5.96709, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.178252, "energy": 35.982926, "activity_lines": [ 35.88182, 35.80696, 35.723692, 35.467087 ] } ], "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." } } }