{ "ticker": { "uuid": "53ef9699-3109-412b-88f2-b3a36ac05eb5", "symbol": "ZNOV", "name": "Innovator Equity Defined Protection ETF 1 Yr November", "exchange": "CBOE", "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": 73.473, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.603, "architecture_energy": 86.045, "architecture_maturity": 32.046, "architecture_confidence": 75.479, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. 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75.718967, "energy": 67.912128, "activity_lines": [ 27.451547, 27.412087, 27.259035, 27.129064 ] }, { "date": "2026-07-17", "close": 27.5246, "volume": 97661, "typical_volume": 163089.15, "trend": 27.007553, "fair_value": 26.117448, "relative_strength": -5.643048, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.674321, "energy": 72.958172, "activity_lines": [ 27.483313, 27.438367, 27.300354, 27.164366 ] }, { "date": "2026-07-24", "close": 27.5151, "volume": 20116, "typical_volume": 157372.6, "trend": 27.034313, "fair_value": 26.132807, "relative_strength": -4.928984, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.364492, "energy": 75.621907, "activity_lines": [ 27.50194, 27.458638, 27.337413, 27.197111 ] }, { "date": "2026-07-31", "close": 27.615, "volume": 47192, "typical_volume": 157428.0, "trend": 27.065813, "fair_value": 26.148917, "relative_strength": -5.376043, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.303684, "energy": 80.995007, "activity_lines": [ 27.54912, 27.493071, 27.380239, 27.234575 ] }, { "date": "2026-08-07", "close": 27.74, "volume": 89395, "typical_volume": 151846.95, "trend": 27.097147, "fair_value": 26.166026, "relative_strength": -7.921517, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.602512, "energy": 86.045123, "activity_lines": [ 27.618967, 27.544867, 27.430421, 27.278071 ] } ], "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." } } }