{ "ticker": { "uuid": "6316df00-549f-4f00-bf44-e3de98da7999", "symbol": "DHDG", "name": "FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF", "exchange": "CBOE", "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": 80.1, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 89.843, "architecture_energy": 92.926, "architecture_maturity": 34.758, "architecture_confidence": 78.662, "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": 4.43, "rotation_up": 78.54, "upward_expansion": 99.06, "deceleration": 39.49, "rotation_down": 17.71, "downward_expansion": 21.06 }, "activity_lines": [ 37.107273, 36.836407, 36.452801, 35.966998 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 37.517, "trend_reference": 35.411117, "distance_from_trend": 0.05947, "trend_direction": "Improving", "fair_value": 32.975587, "distance_from_fair_value": 0.13772, "fair_value_direction": "Improving", "relative_strength": -3.128872, "relative_strength_direction": "Improving", "price_momentum": 0.083417, "excess_performance": -0.042208, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.05947, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026862, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.13772, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.02756, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.031289, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.010143, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.083417, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 27.961506, "read": "Demand-led" } ], "volume": { "latest": 38677, "relative_activity": 0.121473, "balance": 27.961506, "dry_up": 1.783977, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.010651, "annualized_volatility": 0.075607, "from_high_reference": -0.007487, "from_low_reference": 0.165124 }, "levels": { "trend_reference": 35.411117, "fair_value_reference": 32.975587, "structural_low": 33.43, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.019168, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.010608, "regime_survival": 1.0, "best_return": 0.024243, "worst_return": -0.013189, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.037454, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.001794, "regime_survival": 1.0, "best_return": 0.037454, "worst_return": 0.037454, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, 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"regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.471084, "energy": 86.789721, "activity_lines": [ 36.715233, 36.543005, 36.144455, 35.706166 ] }, { "date": "2026-07-31", "close": 37.048, "volume": 38575, "typical_volume": 320185.7, "trend": 35.31055, "fair_value": 32.926755, "relative_strength": -1.081479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.874011, "energy": 89.975813, "activity_lines": [ 36.870853, 36.654871, 36.283734, 35.824647 ] }, { "date": "2026-08-07", "close": 37.517, "volume": 38677, "typical_volume": 318399.35, "trend": 35.411117, "fair_value": 32.975587, "relative_strength": -3.128872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.843346, "energy": 92.926346, "activity_lines": [ 37.107273, 36.836407, 36.452801, 35.966998 ] } ], "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." } } }