{ "ticker": { "uuid": "596f9443-78a7-41d5-b567-0b6c106525d1", "symbol": "RSPN", "name": "INVESCO EXCHANGE TRADED FD TR S&P 500 EQL WGT INDLS 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 88.663, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 70.167, "architecture_energy": 45.202, "architecture_maturity": 29.611, "architecture_confidence": 63.846, "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": 21.48, "rotation_up": 53.34, "upward_expansion": 76.35, "deceleration": 66.8, "rotation_down": 20.88, "downward_expansion": 5.35 }, "activity_lines": [ 63.619333, 63.355436, 62.337975, 61.720786 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 64.78, "trend_reference": 61.235243, "distance_from_trend": 0.057888, "trend_direction": "Improving", "fair_value": 50.729762, "distance_from_fair_value": 0.276962, "fair_value_direction": "Improving", "relative_strength": -2.046759, "relative_strength_direction": "Improving", "price_momentum": 0.031207, "excess_performance": -0.094418, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057888, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036824, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.276962, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034031, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020468, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.029253, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.031207, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.596591, "read": "Demand-led" } ], "volume": { "latest": 414646, "relative_activity": 0.621318, "balance": 3.596591, "dry_up": 0.717715, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.029895, "annualized_volatility": 0.134845, "from_high_reference": -0.010887, "from_low_reference": 0.216056 }, "levels": { "trend_reference": 61.235243, "fair_value_reference": 50.729762, "structural_low": 55.775, 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"trend": 61.235243, "fair_value": 50.729762, "relative_strength": -2.046759, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.166507, "energy": 45.202425, "activity_lines": [ 63.619333, 63.355436, 62.337975, 61.720786 ] } ], "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." } } }