{
  "ticker": {
    "uuid": "6a7443eb-5d5e-4448-8d6b-3bc26792c621",
    "symbol": "SOYB",
    "name": "TEUCRIUM COMMODITY TRUST SOYBEAN FUND",
    "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": 59.397,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 57.559,
    "architecture_energy": 61.067,
    "architecture_maturity": 8.446,
    "architecture_confidence": 70.684,
    "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": 31.92,
        "rotation_up": 64.29,
        "upward_expansion": 83.65,
        "deceleration": 49.17,
        "rotation_down": 11.34,
        "downward_expansion": 12.65
      },
      "activity_lines": [
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        24.730043
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 25.045,
    "trend_reference": 24.301833,
    "distance_from_trend": 0.030581,
    "trend_direction": "Improving",
    "fair_value": 23.672023,
    "distance_from_fair_value": 0.058,
    "fair_value_direction": "Improving",
    "relative_strength": -4.965883,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.08844,
    "excess_performance": -0.037185,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.030581,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.030132,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.058,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.009214,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.049659,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.026619,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.08844,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.94321,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 330072,
      "relative_activity": 0.636891,
      "balance": 0.94321,
      "dry_up": 0.807644,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.028768,
      "annualized_volatility": 0.128481,
      "from_high_reference": -0.050246,
      "from_low_reference": 0.176927
    },
    "levels": {
      "trend_reference": 24.301833,
      "fair_value_reference": 23.672023,
      "structural_low": 22.88,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 21,
        "median_return": 0.003499,
        "positive_rate": 0.52381,
        "directional_follow_through": 0.52381,
        "median_excess_return": -0.026567,
        "regime_survival": 0.714286,
        "best_return": 0.080121,
        "worst_return": -0.074268,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "best_return": 0.077162,
        "worst_return": -0.053276,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "median_return": -0.016972,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
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        "regime_survival": 0.2,
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        "worst_return": -0.158208,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "directional_follow_through": 0.666667,
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        "regime_survival": 0.333333,
        "best_return": 0.093447,
        "worst_return": -0.111348,
        "sufficient": false
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        "regime": "deceleration",
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        "end": "2023-12-29",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-01-05",
        "end": "2024-05-10",
        "tenure": "Established",
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      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-02-28",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      {
        "regime": "balance",
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      {
        "date": "2026-05-01",
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 589881.15,
        "trend": 23.962,
        "fair_value": 23.718465,
        "relative_strength": 0.575719,
        "stage": 2,
        "regime": "deceleration",
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          24.696381,
          24.457462
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      },
      {
        "date": "2026-07-24",
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        "volume": 293478,
        "typical_volume": 582183.85,
        "trend": 24.093333,
        "fair_value": 23.704171,
        "relative_strength": 4.244093,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 82.73769,
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        "activity_lines": [
          25.483333,
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          24.607011
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      },
      {
        "date": "2026-07-31",
        "close": 25.16,
        "volume": 317322,
        "typical_volume": 547931.0,
        "trend": 24.204667,
        "fair_value": 23.686735,
        "relative_strength": -1.23551,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.391209,
        "energy": 67.784373,
        "activity_lines": [
          25.478,
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          24.897762,
          24.675828
        ]
      },
      {
        "date": "2026-08-07",
        "close": 25.045,
        "volume": 330072,
        "typical_volume": 518255.45,
        "trend": 24.301833,
        "fair_value": 23.672023,
        "relative_strength": -4.965883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.558913,
        "energy": 61.067289,
        "activity_lines": [
          25.390333,
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        ]
      }
    ],
    "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."
    }
  }
}