{ "ticker": { "uuid": "58110c81-dce2-4198-a2ad-a28cda41c6e5", "symbol": "IBB", "name": "iShares Biotechnology ETF", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early 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": "Early expansion", "architecture_gate": "up", "architecture_direction": 74.227, "architecture_energy": 65.435, "architecture_maturity": 53.786, "architecture_confidence": 69.62, "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": 27.17, "rotation_up": 57.85, "upward_expansion": 83.0, "deceleration": 71.48, "rotation_down": 23.53, "downward_expansion": 12.0 }, "activity_lines": [ 3318.293359, 3295.60281, 3172.031757, 3115.464601 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 3360.0, "trend_reference": 3058.833756, "distance_from_trend": 0.098458, "trend_direction": "Improving", "fair_value": 2634.095974, "distance_from_fair_value": 0.27558, "fair_value_direction": "Improving", "relative_strength": 10.634487, "relative_strength_direction": "Improving", "price_momentum": 0.120799, "excess_performance": 0.175466, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098458, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.018501, "read": "Rising" 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67.161453, "energy": 88.221433, "activity_lines": [ 3341.341341, 3250.230273, 3127.51222, 3083.086801 ] }, { "date": "2026-07-31", "close": 3236.100098, "volume": 275, "typical_volume": 332.85, "trend": 3050.659709, "fair_value": 2626.509698, "relative_strength": 6.885806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.160325, "energy": 66.346676, "activity_lines": [ 3309.300033, 3265.075617, 3144.372607, 3095.507163 ] }, { "date": "2026-08-07", "close": 3360.0, "volume": 110, "typical_volume": 326.35, "trend": 3058.833756, "fair_value": 2634.095974, "relative_strength": 10.634487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.226601, "energy": 65.43479, "activity_lines": [ 3318.293359, 3295.60281, 3172.031757, 3115.464601 ] } ], "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." } } }