{
  "ticker": {
    "uuid": "6a8deb1c-2f30-46da-a407-24b6cf5b62b6",
    "symbol": "SCHK",
    "name": "SCHWAB STRATEGIC TR 1000 INDEX 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": 93.231,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.522,
    "architecture_energy": 55.305,
    "architecture_maturity": 51.436,
    "architecture_confidence": 80.37,
    "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": 14.28,
        "rotation_up": 55.75,
        "upward_expansion": 81.12,
        "deceleration": 61.3,
        "rotation_down": 25.56,
        "downward_expansion": 7.78
      },
      "activity_lines": [
        36.368,
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        35.747781,
        35.037785
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 37.31,
    "trend_reference": 34.243469,
    "distance_from_trend": 0.089551,
    "trend_direction": "Improving",
    "fair_value": 28.057492,
    "distance_from_fair_value": 0.32977,
    "fair_value_direction": "Improving",
    "relative_strength": -0.044148,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.124233,
    "excess_performance": -0.001392,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.089551,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.033954,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.32977,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.008024,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.000441,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.004379,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.124233,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.123913,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4252094,
      "relative_activity": 0.967276,
      "balance": 2.123913,
      "dry_up": 0.959951,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.024987,
      "annualized_volatility": 0.139776,
      "from_high_reference": -0.003738,
      "from_low_reference": 0.233121
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    "levels": {
      "trend_reference": 34.243469,
      "fair_value_reference": 28.057492,
      "structural_low": 30.3,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 40,
        "median_return": 0.014571,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.000734,
        "regime_survival": 0.775,
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        "worst_return": -0.047063,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.086926,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "worst_return": -0.167357,
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.119519,
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        "regime": "downward_expansion",
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      {
        "date": "2026-04-17",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 5821472.25,
        "trend": 33.921203,
        "fair_value": 27.762587,
        "relative_strength": -0.128374,
        "stage": 2,
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        "direction": 59.149964,
        "energy": 48.188077,
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      },
      {
        "date": "2026-07-24",
        "close": 35.63,
        "volume": 4012684,
        "typical_volume": 5251628.25,
        "trend": 34.004628,
        "fair_value": 27.854269,
        "relative_strength": -0.120756,
        "stage": 2,
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        "modifier": "Established expansion",
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        "direction": 58.21942,
        "energy": 45.599536,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 36.0,
        "volume": 4026597,
        "typical_volume": 4744438.2,
        "trend": 34.111356,
        "fair_value": 27.951419,
        "relative_strength": -0.170845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.141111,
        "energy": 43.852195,
        "activity_lines": [
          35.920667,
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      },
      {
        "date": "2026-08-07",
        "close": 37.31,
        "volume": 4252094,
        "typical_volume": 4395945.6,
        "trend": 34.243469,
        "fair_value": 28.057492,
        "relative_strength": -0.044148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.522281,
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        "activity_lines": [
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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."
    }
  }
}