{ "ticker": { "uuid": "5b103e1d-439f-4181-a754-3e49e6a3dced", "symbol": "QYLD", "name": "Global X NASDAQ 100 Covered Call 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 54.266, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 63.546, "architecture_energy": 51.596, "architecture_maturity": 11.682, "architecture_confidence": 79.03, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 30.98, "rotation_up": 63.65, "upward_expansion": 86.08, "deceleration": 43.52, "rotation_down": 15.16, "downward_expansion": 12.75 }, "activity_lines": [ 317.699681, 314.258288, 312.486948, 311.33459 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 324.0, "trend_reference": 309.742455, "distance_from_trend": 0.04603, "trend_direction": "Weakening", "fair_value": 323.769391, "distance_from_fair_value": 0.000712, "fair_value_direction": "Improving", "relative_strength": 1.112039, "relative_strength_direction": "Improving", "price_momentum": 0.081196, "excess_performance": 0.135863, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.04603, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.008377, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.000712, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039602, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01112, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.112258, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.081196, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.499023, "read": "Supply-led" } ], "volume": { "latest": 539, "relative_activity": 0.86496, "balance": 0.499023, "dry_up": 0.993741, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.038465, "annualized_volatility": 0.172532, "from_high_reference": -0.066501, "from_low_reference": 0.10282 }, "levels": { "trend_reference": 309.742455, "fair_value_reference": 323.769391, "structural_low": 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309.742455, "fair_value": 323.769391, "relative_strength": 1.112039, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.545989, "energy": 51.59595, "activity_lines": [ 317.699681, 314.258288, 312.486948, 311.33459 ] } ], "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." } } }