{ "ticker": { "uuid": "5ea88e7a-a2fa-4c60-a2d7-0bdb2aab05bd", "symbol": "TMSL", "name": "T ROWE PRICE EXCHANGE TRD FDS INC SMALL MID CAP 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": 74.709, "architecture_energy": 52.114, "architecture_maturity": 65.005, "architecture_confidence": 68.28, "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": 15.88, "rotation_up": 50.08, "upward_expansion": 78.52, "deceleration": 68.98, "rotation_down": 26.6, "downward_expansion": 7.52 }, "activity_lines": [ 43.345333, 43.158909, 42.324143, 41.321828 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 44.41, "trend_reference": 40.185667, "distance_from_trend": 0.10512, "trend_direction": "Improving", "fair_value": 32.639602, "distance_from_fair_value": 0.360617, "fair_value_direction": "Improving", "relative_strength": 4.193389, "relative_strength_direction": "Improving", "price_momentum": 0.134935, "excess_performance": 0.00931, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.10512, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.061779, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.360617, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.047642, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.041934, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.011092, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.134935, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.244194, "read": "Demand-led" } ], "volume": { "latest": 2248879, "relative_activity": 1.123154, "balance": 1.244194, "dry_up": 1.017999, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.033059, "annualized_volatility": 0.173766, "from_high_reference": -0.00176, "from_low_reference": 0.361898 }, "levels": { "trend_reference": 40.185667, "fair_value_reference": 32.639602, "structural_low": 35.05, "invalidation": 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"upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.587034, "energy": 43.717107, "activity_lines": [ 42.866, 42.825636, 41.984476, 41.034731 ] }, { "date": "2026-08-07", "close": 44.41, "volume": 2248879, "typical_volume": 2002289.0, "trend": 40.185667, "fair_value": 32.639602, "relative_strength": 4.193389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.709112, "energy": 52.113949, "activity_lines": [ 43.345333, 43.158909, 42.324143, 41.321828 ] } ], "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." } } }