{ "ticker": { "uuid": "4f6dbcdd-f502-4e40-9467-e1e1eaecafb7", "symbol": "CIBR", "name": "First Trust NASDAQ Cybersecurity ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.315, "architecture_energy": 72.086, "architecture_maturity": 81.062, "architecture_confidence": 88.124, "architecture_tenure": "Developing", "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": 4.89, "rotation_up": 64.33, "upward_expansion": 87.67, "deceleration": 65.72, "rotation_down": 27.22, "downward_expansion": 12.0 }, "activity_lines": [ 75.562665, 74.158236, 69.927477, 65.582997 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 78.779999, "trend_reference": 60.836719, "distance_from_trend": 0.294942, "trend_direction": "Improving", "fair_value": 51.510525, "distance_from_fair_value": 0.529396, "fair_value_direction": "Improving", "relative_strength": 16.108594, "relative_strength_direction": "Improving", "price_momentum": 0.485858, "excess_performance": 0.365437, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.294942, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.082223, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.529396, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.335283, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.161086, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.265914, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.485858, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.770487, "read": "Supply-led" } ], "volume": { "latest": 29100, "relative_activity": 0.85626, "balance": 0.770487, "dry_up": 1.86038, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.044637, "annualized_volatility": 0.289038, "from_high_reference": -0.027407, "from_low_reference": 0.62883 }, "levels": { "trend_reference": 60.836719, "fair_value_reference": 51.510525, "structural_low": 48.366016, 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"2026-07-10", "close": 75.32, "volume": 95100, "typical_volume": 28420.0, "trend": 58.527766, "fair_value": 50.481715, "relative_strength": 14.369789, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.538627, "energy": 86.746649, "activity_lines": [ 72.731318, 70.901679, 64.843702, 61.516629 ] }, { "date": "2026-07-17", "close": 74.949997, "volume": 122500, "typical_volume": 31970.0, "trend": 59.078744, "fair_value": 50.739545, "relative_strength": 13.974103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.877133, "energy": 85.506425, "activity_lines": [ 73.866957, 72.039796, 66.268171, 62.576128 ] }, { "date": "2026-07-24", "close": 72.199997, "volume": 50800, "typical_volume": 32340.0, "trend": 59.559986, "fair_value": 50.974791, "relative_strength": 9.598163, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.709486, "energy": 67.135627, "activity_lines": [ 73.688518, 72.366254, 67.308901, 63.42266 ] }, { "date": "2026-07-31", "close": 74.43, "volume": 50500, "typical_volume": 33165.0, "trend": 60.164801, "fair_value": 51.229542, "relative_strength": 13.443774, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.356002, "energy": 67.227159, "activity_lines": [ 74.043332, 72.931515, 68.465209, 64.382016 ] }, { "date": "2026-08-07", "close": 78.779999, "volume": 29100, "typical_volume": 33985.0, "trend": 60.836719, "fair_value": 51.510525, "relative_strength": 16.108594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.314905, "energy": 72.085964, "activity_lines": [ 75.562665, 74.158236, 69.927477, 65.582997 ] } ], "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." } } }