{ "ticker": { "uuid": "65060e63-0ebd-417c-9abe-0096b82b4f5c", "symbol": "BPAY", "name": "ISHARES FINTECH ACTIVE 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 55.626, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 67.417, "architecture_energy": 56.142, "architecture_maturity": 9.317, "architecture_confidence": 75.953, "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": 21.93, "rotation_up": 60.21, "upward_expansion": 83.55, "deceleration": 52.04, "rotation_down": 18.24, "downward_expansion": 10.21 }, "activity_lines": [ 26.41324, 26.103763, 25.355113, 24.825006 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 26.7643, "trend_reference": 24.521558, "distance_from_trend": 0.09146, "trend_direction": "Weakening", "fair_value": 24.226103, "distance_from_fair_value": 0.104771, "fair_value_direction": "Improving", "relative_strength": -9.981281, "relative_strength_direction": "Improving", "price_momentum": 0.084333, "excess_performance": -0.041292, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09146, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.022946, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.104771, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.076387, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.099813, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.109772, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.084333, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.467, "read": "Demand-led" } ], "volume": { "latest": 14877, "relative_activity": 1.538557, "balance": 1.467, "dry_up": 2.023616, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.045258, "annualized_volatility": 0.296071, "from_high_reference": -0.176625, "from_low_reference": 0.262183 }, "levels": { "trend_reference": 24.521558, "fair_value_reference": 24.226103, "structural_low": 21.204767, 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24.085725, 23.698089, 24.106236 ] }, { "date": "2026-06-19", "close": 24.91, "volume": 9064, "typical_volume": 9013.7, "trend": 24.823571, "fair_value": 23.939999, "relative_strength": -17.345088, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.133592, "energy": 5.030491, "activity_lines": [ 24.237455, 24.231837, 23.818538, 24.110317 ] }, { "date": "2026-06-26", "close": 25.4, "volume": 3823, "typical_volume": 8201.35, "trend": 24.756945, "fair_value": 23.980437, "relative_strength": -13.068042, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.4784, "energy": 9.149915, "activity_lines": [ 24.637965, 24.424075, 23.988637, 24.147506 ] }, { "date": "2026-07-03", "close": 26.5531, "volume": 10965, "typical_volume": 8266.5, "trend": 24.721316, "fair_value": 24.028432, "relative_strength": -10.441068, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.881517, "energy": 52.236864, "activity_lines": [ 25.330559, 24.826412, 24.26514, 24.263387 ] }, { "date": "2026-07-10", "close": 26.71, "volume": 6371, "typical_volume": 7489.4, "trend": 24.690245, "fair_value": 24.072794, "relative_strength": -10.560573, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.952972, "energy": 64.799734, "activity_lines": [ 25.979957, 25.214955, 24.541545, 24.391689 ] }, { "date": "2026-07-17", "close": 26.22, "volume": 11301, "typical_volume": 7711.6, "trend": 24.646992, "fair_value": 24.110201, "relative_strength": -10.160677, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.619394, "energy": 66.576614, "activity_lines": [ 26.22062, 25.4758, 24.758014, 24.490383 ] }, { "date": "2026-07-24", "close": 25.6357, "volume": 27187, "typical_volume": 8707.2, "trend": 24.582297, "fair_value": 24.142028, "relative_strength": -10.944623, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.779482, "energy": 63.398773, "activity_lines": [ 26.11298, 25.597282, 24.905542, 24.554171 ] }, { "date": "2026-07-31", "close": 26.58, "volume": 24904, "typical_volume": 9709.8, "trend": 24.564048, "fair_value": 24.1828, "relative_strength": -8.067491, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.041956, "energy": 70.063589, "activity_lines": [ 26.271727, 25.85708, 25.131573, 24.683055 ] }, { "date": "2026-08-07", "close": 26.7643, "volume": 14877, "typical_volume": 9669.45, "trend": 24.521558, "fair_value": 24.226103, "relative_strength": -9.981281, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.417134, "energy": 56.14177, "activity_lines": [ 26.41324, 26.103763, 25.355113, 24.825006 ] } ], "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." } } }