{ "ticker": { "uuid": "5eaa3719-e563-4d87-a757-173efc3a8d03", "symbol": "ARVR", "name": "FIRST TRUST INDXX METAVERSE 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": 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 55.965, "architecture_energy": 27.613, "architecture_maturity": 69.631, "architecture_confidence": 82.473, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 31.72, "rotation_up": 31.37, "upward_expansion": 58.47, "deceleration": 88.17, "rotation_down": 27.41, "downward_expansion": 19.8 }, "activity_lines": [ 54.95586, 55.149119, 54.717415, 53.008503 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 57.2148, "trend_reference": 51.103439, "distance_from_trend": 0.119588, "trend_direction": "Improving", "fair_value": 41.146162, "distance_from_fair_value": 0.390526, "fair_value_direction": "Weakening", "relative_strength": -0.250767, "relative_strength_direction": "Improving", "price_momentum": 0.214937, "excess_performance": 0.027484, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.119588, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042132, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.390526, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.019835, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002508, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036432, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.214937, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.944838, "read": "Supply-led" } ], "volume": { "latest": 297, "relative_activity": 0.136618, "balance": 0.944838, "dry_up": 0.294395, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.042494, "annualized_volatility": 0.237823, "from_high_reference": -0.020958, "from_low_reference": 0.342881 }, "levels": { "trend_reference": 51.103439, "fair_value_reference": 41.146162, "structural_low": 42.606, "invalidation": "A 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53.167579, 51.616537 ] }, { "date": "2026-07-10", "close": 56.7743, "volume": 1392, "typical_volume": 2264.6, "trend": 50.456393, "fair_value": 40.550732, "relative_strength": -1.805748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.727888, "energy": 56.086506, "activity_lines": [ 56.145846, 55.91279, 53.73752, 52.041533 ] }, { "date": "2026-07-17", "close": 53.8408, "volume": 597, "typical_volume": 2276.15, "trend": 50.624419, "fair_value": 40.693486, "relative_strength": -2.673325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.529977, "energy": 38.556389, "activity_lines": [ 55.390363, 55.579238, 53.98063, 52.259881 ] }, { "date": "2026-07-24", "close": 52.7312, "volume": 1082, "typical_volume": 2240.95, "trend": 50.741849, "fair_value": 40.82344, "relative_strength": -3.002975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.369953, "energy": 26.7045, "activity_lines": [ 54.38682, 55.067272, 54.084322, 52.395803 ] }, { "date": "2026-07-31", "close": 53.9036, "volume": 584, "typical_volume": 2197.8, "trend": 50.879703, "fair_value": 40.969985, "relative_strength": -1.291998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.684097, "energy": 21.864232, "activity_lines": [ 54.076033, 54.79155, 54.263681, 52.599787 ] }, { "date": "2026-08-07", "close": 57.2148, "volume": 297, "typical_volume": 2173.95, "trend": 51.103439, "fair_value": 41.146162, "relative_strength": -0.250767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.964589, "energy": 27.613446, "activity_lines": [ 54.95586, 55.149119, 54.717415, 53.008503 ] } ], "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." } } }