{ "ticker": { "uuid": "5c917506-0a00-4522-8194-2e0fa2bfd16c", "symbol": "FLCV", "name": "FEDERATED HERMES MDT LARGE CAP VALUE 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": "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": 90.375, "architecture_energy": 91.071, "architecture_maturity": 40.966, "architecture_confidence": 80.675, "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": 0.0, "rotation_up": 81.5, "upward_expansion": 97.89, "deceleration": 40.45, "rotation_down": 15.12, "downward_expansion": 19.89 }, "activity_lines": [ 36.881033, 36.393704, 35.581181, 34.778125 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 37.6285, "trend_reference": 33.836137, "distance_from_trend": 0.11208, "trend_direction": "Improving", "fair_value": 29.875304, "distance_from_fair_value": 0.259519, "fair_value_direction": "Improving", "relative_strength": 3.794841, "relative_strength_direction": "Improving", "price_momentum": 0.151405, "excess_performance": 0.02578, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.11208, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.053584, "read": "Rising" }, { "label": "Price 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35.8842, "volume": 222426, "typical_volume": 70706.55, "trend": 33.123174, "fair_value": 29.604738, "relative_strength": 1.657621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.774762, "energy": 79.091184, "activity_lines": [ 35.724667, 35.386549, 34.529541, 33.902021 ] }, { "date": "2026-07-17", "close": 36.2042, "volume": 157333, "typical_volume": 76986.6, "trend": 33.293338, "fair_value": 29.66881, "relative_strength": 4.131219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.674363, "energy": 80.783787, "activity_lines": [ 35.91074, 35.594482, 34.767641, 34.100797 ] }, { "date": "2026-07-24", "close": 36.2848, "volume": 619546, "typical_volume": 105780.65, "trend": 33.45548, "fair_value": 29.732426, "relative_strength": 4.915894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.808766, "energy": 77.010967, "activity_lines": [ 36.074233, 35.779984, 34.996702, 34.293794 ] }, { "date": "2026-07-31", "close": 36.9815, "volume": 55531, "typical_volume": 106744.15, "trend": 33.64739, "fair_value": 29.801464, "relative_strength": 5.679545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.378058, "energy": 83.797676, "activity_lines": [ 36.416513, 36.049698, 35.271383, 34.52128 ] }, { "date": "2026-08-07", "close": 37.6285, "volume": 52776, "typical_volume": 105861.8, "trend": 33.836137, "fair_value": 29.875304, "relative_strength": 3.794841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.375112, "energy": 91.07061, "activity_lines": [ 36.881033, 36.393704, 35.581181, 34.778125 ] } ], "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." } } }