{
  "ticker": {
    "uuid": "5f111f2a-e639-49e4-b109-fb3c692cf6bf",
    "symbol": "TILL",
    "name": "LISTED FUND TRUST TEUCRIUM AGRICULTURL STRATEGY NO K 1 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.",
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    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 67.859,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 61.148,
    "architecture_energy": 59.678,
    "architecture_maturity": 7.307,
    "architecture_confidence": 63.286,
    "architecture_tenure": "New",
    "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": 27.03,
        "rotation_up": 70.21,
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        "deceleration": 46.9,
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
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    "latest_close": 18.48,
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    "trend_direction": "Improving",
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    "distance_from_fair_value": -0.004028,
    "fair_value_direction": "Improving",
    "relative_strength": -5.408525,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.108751,
    "excess_performance": -0.016874,
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.041339,
        "read": "Above"
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      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.019369,
        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.004028,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.021361,
        "read": "Closing upward"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.054085,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.005402,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
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        "value": 0.108751,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.985463,
        "read": "Supply-led"
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    ],
    "volume": {
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      "dry_up": 0.381589,
      "accumulation_observations": 1,
      "distribution_observations": 2
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    "risk": {
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      "annualized_volatility": 0.154622,
      "from_high_reference": -0.029921,
      "from_low_reference": 0.123199
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      "fair_value_reference": 18.554746,
      "structural_low": 16.685,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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          18.16,
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          17.778284,
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        ]
      },
      {
        "date": "2026-05-15",
        "close": 18.28,
        "volume": 525787,
        "typical_volume": 323076.35,
        "trend": 17.306395,
        "fair_value": 18.834657,
        "relative_strength": -6.243471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.797661,
        "energy": 42.046663,
        "activity_lines": [
          18.265333,
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        ]
      },
      {
        "date": "2026-05-22",
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        "typical_volume": 398381.9,
        "trend": 17.368834,
        "fair_value": 18.819402,
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        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.215997,
        "energy": 51.559038,
        "activity_lines": [
          18.401333,
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 18.025,
        "volume": 1190686,
        "typical_volume": 457353.6,
        "trend": 17.409177,
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        "relative_strength": -8.790589,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.530592,
        "energy": 36.053144,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-06-05",
        "close": 17.39,
        "volume": 437390,
        "typical_volume": 478780.55,
        "trend": 17.43162,
        "fair_value": 18.77816,
        "relative_strength": -9.297934,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.853963,
        "energy": 14.658392,
        "activity_lines": [
          17.973333,
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      },
      {
        "date": "2026-06-12",
        "close": 17.2,
        "volume": 162555,
        "typical_volume": 486578.1,
        "trend": 17.438605,
        "fair_value": 18.742894,
        "relative_strength": -10.33551,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.47175,
        "energy": 11.872057,
        "activity_lines": [
          17.666333,
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 494502.25,
        "trend": 17.453542,
        "fair_value": 18.709399,
        "relative_strength": -9.866363,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "energy": 20.897131,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 17.3689,
        "volume": 148790,
        "typical_volume": 501502.4,
        "trend": 17.461282,
        "fair_value": 18.686341,
        "relative_strength": -7.245694,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.999471,
        "energy": 31.048028,
        "activity_lines": [
          17.37762,
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          17.694788
        ]
      },
      {
        "date": "2026-07-03",
        "close": 17.47,
        "volume": 89744,
        "typical_volume": 505625.05,
        "trend": 17.479467,
        "fair_value": 18.663795,
        "relative_strength": -8.310787,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.070377,
        "energy": 36.304332,
        "activity_lines": [
          17.378447,
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      },
      {
        "date": "2026-07-10",
        "close": 18.077,
        "volume": 119058,
        "typical_volume": 510884.35,
        "trend": 17.519321,
        "fair_value": 18.64078,
        "relative_strength": -6.104927,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 17.815504,
        "energy": 14.02341,
        "activity_lines": [
          17.618607,
          17.658675,
          17.823967,
          17.7339
        ]
      },
      {
        "date": "2026-07-17",
        "close": 18.43,
        "volume": 125986,
        "typical_volume": 515599.65,
        "trend": 17.579527,
        "fair_value": 18.61529,
        "relative_strength": -2.501677,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 47.508757,
        "energy": 25.617957,
        "activity_lines": [
          17.930633,
          17.771864,
          17.875183,
          17.792654
        ]
      },
      {
        "date": "2026-07-24",
        "close": 18.78,
        "volume": 230299,
        "typical_volume": 524853.4,
        "trend": 17.64053,
        "fair_value": 18.593007,
        "relative_strength": 0.094569,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 59.631096,
        "energy": 42.753013,
        "activity_lines": [
          18.277327,
          17.947598,
          17.95478,
          17.870104
        ]
      },
      {
        "date": "2026-07-31",
        "close": 18.03,
        "volume": 245452,
        "typical_volume": 529587.15,
        "trend": 17.689707,
        "fair_value": 18.572104,
        "relative_strength": -4.691909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.608318,
        "energy": 41.108823,
        "activity_lines": [
          18.278933,
          17.977878,
          17.958806,
          17.895231
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.48,
        "volume": 111785,
        "typical_volume": 467468.05,
        "trend": 17.74638,
        "fair_value": 18.554746,
        "relative_strength": -5.408525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.148119,
        "energy": 59.678391,
        "activity_lines": [
          18.386467,
          18.099249,
          18.006356,
          17.946218
        ]
      }
    ],
    "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."
    }
  }
}