{ "ticker": { "uuid": "5dad3d45-2119-4a50-92e0-f6b95fefac4a", "symbol": "FBL", "name": "GRANITESHARES 2X LONG META DAILY ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -50.498, "architecture_energy": 29.775, "architecture_maturity": 85.467, "architecture_confidence": 93.328, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 33.32, "rotation_up": 24.33, "upward_expansion": 7.48, "deceleration": 43.61, "rotation_down": 47.06, "downward_expansion": 73.81 }, "activity_lines": [ 22.692, 23.020727, 23.962524, 24.881828 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": -0.166667 }, "latest_close": 22.14, "trend_reference": 26.508333, "distance_from_trend": -0.164791, "trend_direction": "Weakening", "fair_value": 28.584392, "distance_from_fair_value": -0.225451, "fair_value_direction": "Weakening", "relative_strength": -38.686021, "relative_strength_direction": "Improving", "price_momentum": -0.302457, "excess_performance": -0.489911, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.164791, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.091918, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.225451, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.143598, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.38686, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.021115, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.302457, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.933921, "read": "Supply-led" } ], "volume": { "latest": 5055618, "relative_activity": 0.737753, "balance": 0.933921, "dry_up": 0.862393, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.192045, "annualized_volatility": 0.915218, "from_high_reference": -0.562982, "from_low_reference": 0.270224 }, "levels": { "trend_reference": 26.508333, "fair_value_reference": 28.584392, "structural_low": 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27.337962 ] }, { "date": "2026-06-19", "close": 22.13, "volume": 3591971, "typical_volume": 6581008.95, "trend": 28.609831, "fair_value": 28.112274, "relative_strength": -46.56451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.31527, "energy": 54.90842, "activity_lines": [ 23.081333, 24.442182, 25.600048, 26.909902 ] }, { "date": "2026-06-26", "close": 19.96, "volume": 3295381, "typical_volume": 6150578.3, "trend": 28.220104, "fair_value": 28.164687, "relative_strength": -48.599831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.984535, "energy": 71.677635, "activity_lines": [ 21.778, 23.344182, 24.954762, 26.351848 ] }, { "date": "2026-07-03", "close": 22.21, "volume": 9049128, "typical_volume": 6230260.5, "trend": 27.824394, "fair_value": 28.229949, "relative_strength": -42.380376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.242677, "energy": 64.254513, "activity_lines": [ 21.577333, 22.89, 24.579857, 25.9641 ] }, { "date": "2026-07-10", "close": 28.99, "volume": 11453651, "typical_volume": 6588808.0, "trend": 27.753627, "fair_value": 28.331631, "relative_strength": -25.163107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.009191, "energy": 20.499957, "activity_lines": [ 23.958, 23.836909, 24.885857, 26.0393 ] }, { "date": "2026-07-17", "close": 26.87, "volume": 6837818, "typical_volume": 6759899.8, "trend": 27.564191, "fair_value": 28.425898, "relative_strength": -26.733822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.61239, "energy": 13.606908, "activity_lines": [ 25.266, 24.331455, 24.999619, 25.982292 ] }, { "date": "2026-07-24", "close": 22.73, "volume": 2987655, "typical_volume": 6602150.3, "trend": 27.225, "fair_value": 28.48102, "relative_strength": -36.079241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.667577, "energy": 21.430121, "activity_lines": [ 24.832, 24.045455, 24.735143, 25.670409 ] }, { "date": "2026-07-31", "close": 19.69, "volume": 8757873, "typical_volume": 6782645.1, "trend": 26.828, "fair_value": 28.522895, "relative_strength": -43.821288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.644499, "energy": 24.109291, "activity_lines": [ 23.344667, 23.259818, 24.215, 25.18428 ] }, { "date": "2026-08-07", "close": 22.14, "volume": 5055618, "typical_volume": 6852721.8, "trend": 26.508333, "fair_value": 28.584392, "relative_strength": -38.686021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.497837, "energy": 29.775368, "activity_lines": [ 22.692, 23.020727, 23.962524, 24.881828 ] } ], "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." } } }