{ "ticker": { "uuid": "5c83a4dc-d802-419c-b4c9-d37cef9ed817", "symbol": "QLC", "name": "FLEXSHARES US QUALITY LARGE CAP INDEX FUND", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.445, "architecture_energy": 64.028, "architecture_maturity": 47.737, "architecture_confidence": 85.551, "architecture_tenure": "Established", "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": 9.39, "rotation_up": 63.74, "upward_expansion": 85.54, "deceleration": 56.66, "rotation_down": 24.28, "downward_expansion": 9.87 }, "activity_lines": [ 91.261907, 90.508475, 89.229766, 87.331003 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 93.395, "trend_reference": 85.154762, "distance_from_trend": 0.096768, "trend_direction": "Improving", "fair_value": 67.096346, "distance_from_fair_value": 0.391954, "fair_value_direction": "Improving", "relative_strength": 1.595386, "relative_strength_direction": "Improving", "price_momentum": 0.129533, "excess_performance": 0.003908, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096768, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040083, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.391954, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.016504, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.015954, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.005479, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.129533, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.558702, "read": "Demand-led" } ], "volume": { "latest": 169551, "relative_activity": 0.812684, "balance": 2.558702, "dry_up": 0.85077, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.023251, "annualized_volatility": 0.136485, "from_high_reference": -0.006648, "from_low_reference": 0.29183 }, "levels": { "trend_reference": 85.154762, "fair_value_reference": 67.096346, "structural_low": 75.563367, 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87.727578, 86.035016 ] }, { "date": "2026-07-24", "close": 89.7, "volume": 173633, "typical_volume": 219317.35, "trend": 84.46522, "fair_value": 66.532346, "relative_strength": 2.300655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.842309, "energy": 56.785935, "activity_lines": [ 89.956147, 89.620043, 88.136323, 86.389715 ] }, { "date": "2026-07-31", "close": 90.44, "volume": 169873, "typical_volume": 221119.9, "trend": 84.779825, "fair_value": 66.80483, "relative_strength": 1.925552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.212306, "energy": 55.016173, "activity_lines": [ 90.19436, 89.811342, 88.569947, 86.775185 ] }, { "date": "2026-08-07", "close": 93.395, "volume": 169551, "typical_volume": 208630.8, "trend": 85.154762, "fair_value": 67.096346, "relative_strength": 1.595386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.445319, "energy": 64.028342, "activity_lines": [ 91.261907, 90.508475, 89.229766, 87.331003 ] } ], "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." } } }