{ "ticker": { "uuid": "523212d3-063f-441d-b21e-3eaf77b8498c", "symbol": "QQH", "name": "NORTHERN LIGHTS FUND TRUST III HCM DEFENDER 100 INDEX ETF", "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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 66.206, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 41.583, "architecture_energy": 20.964, "architecture_maturity": 51.616, "architecture_confidence": 84.062, "architecture_tenure": "Developing", "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": 40.25, "rotation_up": 29.35, "upward_expansion": 55.77, "deceleration": 87.38, "rotation_down": 33.63, "downward_expansion": 21.77 }, "activity_lines": [ 82.132, 82.492, 82.399205, 80.576189 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 85.25, "trend_reference": 78.663767, "distance_from_trend": 0.083726, "trend_direction": "Improving", "fair_value": 64.397347, "distance_from_fair_value": 0.323812, "fair_value_direction": "Weakening", "relative_strength": -1.880055, "relative_strength_direction": "Weakening", "price_momentum": 0.137425, "excess_performance": 0.0118, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083726, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023052, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.323812, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.046479, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.018801, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.041087, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.137425, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.017764, "read": "Demand-led" } ], "volume": { "latest": 318612, "relative_activity": 0.866576, "balance": 2.017764, "dry_up": 1.013924, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.058414, "annualized_volatility": 0.246105, "from_high_reference": -0.048974, "from_low_reference": 0.243255 }, "levels": { "trend_reference": 78.663767, "fair_value_reference": 64.397347, "structural_low": 68.57, "invalidation": "A decisive 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"trend": 78.3501, "fair_value": 63.933742, "relative_strength": -4.69365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.118712, "energy": 16.395173, "activity_lines": [ 81.608667, 82.757818, 81.819489, 80.02874 ] }, { "date": "2026-07-31", "close": 80.04, "volume": 306407, "typical_volume": 360162.05, "trend": 78.454433, "fair_value": 64.145122, "relative_strength": -4.697981, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.406526, "energy": 16.032324, "activity_lines": [ 80.964667, 82.106545, 81.879013, 80.137766 ] }, { "date": "2026-08-07", "close": 85.25, "volume": 318612, "typical_volume": 367667.5, "trend": 78.663767, "fair_value": 64.397347, "relative_strength": -1.880055, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.582609, "energy": 20.963891, "activity_lines": [ 82.132, 82.492, 82.399205, 80.576189 ] } ], "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." } } }