{ "ticker": { "uuid": "50272002-768e-474c-8d80-b733ffd86b40", "symbol": "QMAG", "name": "FT VEST NASDAQ-100 MODERATE BUFFER ETF - AUGUST", "exchange": "CBOE", "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": 61.018, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.357, "architecture_energy": 65.488, "architecture_maturity": 63.055, "architecture_confidence": 72.376, "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": 13.48, "rotation_up": 56.62, "upward_expansion": 84.84, "deceleration": 66.36, "rotation_down": 27.96, "downward_expansion": 11.51 }, "activity_lines": [ 25.460427, 25.376535, 25.19502, 24.853359 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 25.645, "trend_reference": 24.44205, "distance_from_trend": 0.049216, "trend_direction": "Improving", "fair_value": 22.453923, "distance_from_fair_value": 0.142117, "fair_value_direction": "Improving", "relative_strength": -4.491864, "relative_strength_direction": "Weakening", "price_momentum": 0.083439, "excess_performance": -0.042186, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049216, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.025218, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.142117, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007081, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044919, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.006349, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.083439, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.497017, "read": "Demand-led" } ], "volume": { "latest": 53730, "relative_activity": 0.989732, "balance": 1.497017, "dry_up": 0.665767, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.011219, "annualized_volatility": 0.068902, "from_high_reference": 0.0, "from_low_reference": 0.146914 }, "levels": { "trend_reference": 24.44205, "fair_value_reference": 22.453923, "structural_low": 22.64, 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"upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.319215, "energy": 78.865274, "activity_lines": [ 25.298093, 25.23308, 24.88317, 24.563955 ] }, { "date": "2026-07-17", "close": 25.2898, "volume": 48300, "typical_volume": 56485.6, "trend": 24.270707, "fair_value": 22.363699, "relative_strength": -2.390656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.545767, "energy": 71.34485, "activity_lines": [ 25.305587, 25.252924, 24.961515, 24.633359 ] }, { "date": "2026-07-24", "close": 25.28, "volume": 25597, "typical_volume": 54830.15, "trend": 24.32127, "fair_value": 22.392573, "relative_strength": -1.764967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.735065, "energy": 62.132552, "activity_lines": [ 25.302493, 25.266171, 25.031096, 24.698474 ] }, { "date": "2026-07-31", "close": 25.4592, "volume": 16944, "typical_volume": 54437.45, "trend": 24.382213, "fair_value": 22.422638, "relative_strength": -2.00908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.363868, "energy": 61.388046, "activity_lines": [ 25.360133, 25.307364, 25.109209, 24.771889 ] }, { "date": "2026-08-07", "close": 25.645, "volume": 53730, "typical_volume": 54287.4, "trend": 24.44205, "fair_value": 22.453923, "relative_strength": -4.491864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.356705, "energy": 65.487949, "activity_lines": [ 25.460427, 25.376535, 25.19502, 24.853359 ] } ], "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." } } }