{ "ticker": { "uuid": "68f7a384-8f5d-4f61-b3fe-ac5bf244065a", "symbol": "JETS", "name": "ETF SERIES SOLUTIONS US GLOBAL JETS 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 56.187, "architecture_energy": 35.184, "architecture_maturity": 48.17, "architecture_confidence": 83.117, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 33.33, "rotation_up": 40.35, "upward_expansion": 66.28, "deceleration": 84.57, "rotation_down": 25.84, "downward_expansion": 16.28 }, "activity_lines": [ 31.408667, 31.501818, 30.137667, 29.165269 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 32.54, "trend_reference": 28.433, "distance_from_trend": 0.144445, "trend_direction": "Improving", "fair_value": 22.863324, "distance_from_fair_value": 0.42324, "fair_value_direction": "Improving", "relative_strength": 5.999885, "relative_strength_direction": "Improving", "price_momentum": 0.044288, "excess_performance": -0.081337, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.144445, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.050973, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.42324, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.175165, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.059999, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.1048, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.044288, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.436801, "read": "Demand-led" } ], "volume": { "latest": 15060513, "relative_activity": 0.879687, "balance": 1.436801, "dry_up": 0.823352, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.06776, "annualized_volatility": 0.382123, "from_high_reference": -0.044627, "from_low_reference": 0.397169 }, "levels": { "trend_reference": 28.433, "fair_value_reference": 22.863324, "structural_low": 23.53, "invalidation": "A sustained loss of 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"fair_value": 22.596877, "relative_strength": 7.720433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.002963, "energy": 79.044096, "activity_lines": [ 32.308, 30.856182, 28.935571, 28.421134 ] }, { "date": "2026-07-17", "close": 30.46, "volume": 14628429, "typical_volume": 20765487.45, "trend": 28.174667, "fair_value": 22.653584, "relative_strength": 3.799872, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.61542, "energy": 72.50544, "activity_lines": [ 31.854667, 31.002909, 29.202714, 28.572774 ] }, { "date": "2026-07-24", "close": 30.1, "volume": 11068308, "typical_volume": 19716852.65, "trend": 28.231, "fair_value": 22.711609, "relative_strength": 3.075743, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.431207, "energy": 44.528571, "activity_lines": [ 31.219333, 31.03, 29.426, 28.696989 ] }, { "date": "2026-07-31", "close": 31.28, "volume": 15626900, "typical_volume": 18114905.2, "trend": 28.330667, "fair_value": 22.78311, "relative_strength": 5.719579, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.402789, "energy": 32.451707, "activity_lines": [ 31.037333, 31.189091, 29.739048, 28.893699 ] }, { "date": "2026-08-07", "close": 32.54, "volume": 15060513, "typical_volume": 17120304.3, "trend": 28.433, "fair_value": 22.863324, "relative_strength": 5.999885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.186857, "energy": 35.183561, "activity_lines": [ 31.408667, 31.501818, 30.137667, 29.165269 ] } ], "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." } } }