{ "ticker": { "uuid": "685b9a67-067f-4a3a-82c9-919c51e9f998", "symbol": "WXET", "name": "TEUCRIUM 2X DAILY WHEAT 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 52.751, "architecture_energy": 49.203, "architecture_maturity": 7.476, "architecture_confidence": 75.803, "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": 39.59, "rotation_up": 61.99, "upward_expansion": 79.59, "deceleration": 51.24, "rotation_down": 10.27, "downward_expansion": 8.59 }, "activity_lines": [ 20.767009, 20.023485, 19.677322, 19.496578 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 19.7744, "trend_reference": 18.950906, "distance_from_trend": 0.043454, "trend_direction": "Improving", "fair_value": 19.28424, "distance_from_fair_value": 0.025418, "fair_value_direction": "Weakening", "relative_strength": -0.529741, "relative_strength_direction": "Improving", "price_momentum": 0.236286, "excess_performance": 0.110661, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.043454, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.064365, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.025418, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.009573, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.005297, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.00395, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.236286, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.635955, "read": "Demand-led" } ], "volume": { "latest": 55996, "relative_activity": 0.38387, "balance": 1.635955, "dry_up": 0.57964, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.123848, "annualized_volatility": 0.52484, "from_high_reference": -0.190833, "from_low_reference": 0.36966 }, "levels": { "trend_reference": 18.950906, "fair_value_reference": 19.28424, "structural_low": 15.736223, 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"2026-07-10", "close": 20.105428, "volume": 83275, "typical_volume": 165430.8, "trend": 18.117808, "fair_value": 19.189903, "relative_strength": 3.284783, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.298326, "energy": 12.691358, "activity_lines": [ 18.462344, 18.540536, 18.985758, 18.784596 ] }, { "date": "2026-07-17", "close": 22.875664, "volume": 122968, "typical_volume": 168843.85, "trend": 18.388073, "fair_value": 19.233781, "relative_strength": 19.415495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.38085, "energy": 30.783483, "activity_lines": [ 20.029403, 19.257106, 19.331177, 19.091555 ] }, { "date": "2026-07-24", "close": 22.491325, "volume": 83221, "typical_volume": 167116.95, "trend": 18.625546, "fair_value": 19.272105, "relative_strength": 18.070005, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.289827, "energy": 48.783656, "activity_lines": [ 21.111032, 19.849822, 19.622004, 19.35628 ] }, { "date": "2026-07-31", "close": 19.8256, "volume": 76029, "typical_volume": 153766.1, "trend": 18.799848, "fair_value": 19.278541, "relative_strength": 3.089064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.182922, "energy": 44.9233, "activity_lines": [ 21.040716, 19.926472, 19.650771, 19.433703 ] }, { "date": "2026-08-07", "close": 19.7744, "volume": 55996, "typical_volume": 145872.45, "trend": 18.950906, "fair_value": 19.28424, "relative_strength": -0.529741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.751321, "energy": 49.202561, "activity_lines": [ 20.767009, 20.023485, 19.677322, 19.496578 ] } ], "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." } } }