{ "ticker": { "uuid": "6938beb2-960f-4a95-9813-ac87b61857f2", "symbol": "FEPI", "name": "REX FANG & INNOVATION EQUITY PREMIUM INCOME 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -13.766, "architecture_energy": 22.933, "architecture_maturity": 5.91, "architecture_confidence": 42.55, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 43.93, "rotation_up": 18.94, "upward_expansion": 18.21, "deceleration": 56.78, "rotation_down": 56.77, "downward_expansion": 43.21 }, "activity_lines": [ 40.476571, 40.807437, 41.59358, 41.259009 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 41.78, "trend_reference": 40.805742, "distance_from_trend": 0.023876, "trend_direction": "Improving", "fair_value": 35.2811, "distance_from_fair_value": 0.184203, "fair_value_direction": "Weakening", "relative_strength": -9.48827, "relative_strength_direction": "Weakening", "price_momentum": 0.076165, "excess_performance": -0.111289, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.023876, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006501, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.184203, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.065805, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.094883, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.025132, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.076165, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.401582, "read": "Demand-led" } ], "volume": { "latest": 878365, "relative_activity": 0.88502, "balance": 1.401582, "dry_up": 1.066563, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.048935, "annualized_volatility": 0.213064, "from_high_reference": -0.083095, "from_low_reference": 0.149507 }, "levels": { "trend_reference": 40.805742, "fair_value_reference": 35.2811, "structural_low": 36.395126, "invalidation": "A decisive 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42.027736, 41.432502 ] }, { "date": "2026-07-17", "close": 40.053944, "volume": 1313142, "typical_volume": 958092.8, "trend": 40.891478, "fair_value": 35.178791, "relative_strength": -10.441908, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.100849, "energy": 22.470079, "activity_lines": [ 40.987559, 41.81259, 41.911965, 41.376471 ] }, { "date": "2026-07-24", "close": 39.314834, "volume": 818765, "typical_volume": 955004.55, "trend": 40.82261, "fair_value": 35.20712, "relative_strength": -10.453483, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.885315, "energy": 32.739764, "activity_lines": [ 40.320576, 41.236553, 41.720212, 41.274752 ] }, { "date": "2026-07-31", "close": 39.583215, "volume": 1223896, "typical_volume": 983435.05, "trend": 40.784625, "fair_value": 35.23689, "relative_strength": -10.106204, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.881098, "energy": 37.481019, "activity_lines": [ 39.997366, 40.78296, 41.552843, 41.194791 ] }, { "date": "2026-08-07", "close": 41.78, "volume": 878365, "typical_volume": 992479.9, "trend": 40.805742, "fair_value": 35.2811, "relative_strength": -9.48827, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.766434, "energy": 22.932751, "activity_lines": [ 40.476571, 40.807437, 41.59358, 41.259009 ] } ], "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." } } }