{ "ticker": { "uuid": "686be38a-1676-43f8-b8b1-832fb45af374", "symbol": "DVY", "name": "ISHARES SELECT DIVIDEND 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 93.219, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 65.745, "architecture_energy": 59.796, "architecture_maturity": 36.406, "architecture_confidence": 69.528, "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": 9.56, "rotation_up": 70.43, "upward_expansion": 85.64, "deceleration": 51.54, "rotation_down": 14.42, "downward_expansion": 9.97 }, "activity_lines": [ 161.765333, 160.37734, 157.552483, 155.679577 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 161.91, "trend_reference": 153.457812, "distance_from_trend": 0.055078, "trend_direction": "Improving", "fair_value": 126.75627, "distance_from_fair_value": 0.277333, "fair_value_direction": "Improving", "relative_strength": -3.475145, "relative_strength_direction": "Improving", "price_momentum": 0.057937, "excess_performance": -0.129517, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.055078, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044931, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.277333, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039695, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034751, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.064986, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.057937, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.922003, "read": "Demand-led" } ], "volume": { "latest": 1867449, "relative_activity": 0.897773, "balance": 1.922003, "dry_up": 1.117555, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.02419, "annualized_volatility": 0.116042, "from_high_reference": -0.029258, "from_low_reference": 0.23891 }, "levels": { "trend_reference": 153.457812, "fair_value_reference": 126.75627, "structural_low": 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"typical_volume": 2146389.15, "trend": 152.840292, "fair_value": 126.378766, "relative_strength": 0.956684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.240956, "energy": 67.53756, "activity_lines": [ 161.433333, 159.693966, 156.835872, 155.094435 ] }, { "date": "2026-08-07", "close": 161.91, "volume": 1867449, "typical_volume": 2080091.3, "trend": 153.457812, "fair_value": 126.75627, "relative_strength": -3.475145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.745122, "energy": 59.79584, "activity_lines": [ 161.765333, 160.37734, 157.552483, 155.679577 ] } ], "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." } } }