{
  "ticker": {
    "uuid": "521f3705-dc43-4681-a629-b4fd832cf793",
    "symbol": "MULL",
    "name": "GRANITESHARES 2X LONG MU DAILY ETF",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "etf"
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  "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": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 18.496,
    "architecture_energy": 20.554,
    "architecture_maturity": 80.546,
    "architecture_confidence": 91.696,
    "architecture_tenure": "New",
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        "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."
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        "balance": 56.81,
        "rotation_up": 16.82,
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        "rotation_down": 41.34,
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      "activity_direction": "Contracting",
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        "label": "Price vs current Fair Value",
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        "label": "Fair Value direction",
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        "label": "Relative Strength vs benchmark",
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        "read": "Leading"
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        "label": "Relative strength direction",
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        "read": "Weakening"
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        "label": "Price momentum",
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        "read": "Supply-led"
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.701777,
        "energy": 70.136342,
        "activity_lines": [
          32.682453,
          27.583804,
          19.812976,
          15.921256
        ]
      },
      {
        "date": "2026-07-03",
        "close": 25.79,
        "volume": 43852909,
        "typical_volume": 4555641.95,
        "trend": 12.141119,
        "fair_value": 4.882768,
        "relative_strength": 217.326009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.946036,
        "energy": 60.183681,
        "activity_lines": [
          30.926133,
          28.095164,
          20.87052,
          16.851739
        ]
      },
      {
        "date": "2026-07-10",
        "close": 25.81,
        "volume": 47947977,
        "typical_volume": 6888037.6,
        "trend": 12.913358,
        "fair_value": 5.123311,
        "relative_strength": 195.005107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.259943,
        "energy": 52.040259,
        "activity_lines": [
          29.478427,
          28.300844,
          21.839801,
          17.733602
        ]
      },
      {
        "date": "2026-07-17",
        "close": 19.0,
        "volume": 51001823,
        "typical_volume": 9342359.1,
        "trend": 13.441679,
        "fair_value": 5.281001,
        "relative_strength": 117.563175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.580936,
        "energy": 29.252457,
        "activity_lines": [
          25.584053,
          26.988487,
          22.072606,
          18.126289
        ]
      },
      {
        "date": "2026-07-24",
        "close": 21.76,
        "volume": 38498486,
        "typical_volume": 11172267.35,
        "trend": 14.047233,
        "fair_value": 5.466158,
        "relative_strength": 141.88016,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.971199,
        "energy": 24.048102,
        "activity_lines": [
          23.271333,
          26.17864,
          22.510032,
          18.662955
        ]
      },
      {
        "date": "2026-07-31",
        "close": 16.48,
        "volume": 60043035,
        "typical_volume": 14074998.45,
        "trend": 14.452113,
        "fair_value": 5.588534,
        "relative_strength": 76.292112,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.273033,
        "energy": 20.583922,
        "activity_lines": [
          20.256667,
          24.332487,
          22.366554,
          18.819907
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.54,
        "volume": 42486851,
        "typical_volume": 16055833.45,
        "trend": 14.899705,
        "fair_value": 5.730858,
        "relative_strength": 82.442743,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.495734,
        "energy": 20.554135,
        "activity_lines": [
          19.180667,
          22.900945,
          22.374248,
          19.083642
        ]
      }
    ],
    "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."
    }
  }
}