{ "ticker": { "uuid": "6df0baa5-ec34-4a35-94e8-36da2499dea2", "symbol": "BKSE", "name": "BNY MELLON ETF TR BNY MELLON US SMALL CAP CORE EQUITY 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.507, "architecture_energy": 60.748, "architecture_maturity": 60.743, "architecture_confidence": 80.552, "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": 10.82, "rotation_up": 57.31, "upward_expansion": 82.96, "deceleration": 64.89, "rotation_down": 25.98, "downward_expansion": 9.63 }, "activity_lines": [ 44.546829, 44.295638, 43.31534, 42.280327 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 45.4516, "trend_reference": 41.160647, "distance_from_trend": 0.104249, "trend_direction": "Improving", "fair_value": 33.472642, "distance_from_fair_value": 0.357873, "fair_value_direction": "Improving", "relative_strength": 3.493512, "relative_strength_direction": "Improving", "price_momentum": 0.127747, "excess_performance": 0.002123, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.104249, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.055829, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.357873, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.05337, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.034935, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.013886, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.127747, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.42175, "read": "Demand-led" } ], "volume": { "latest": 26882, "relative_activity": 2.238404, "balance": 1.42175, "dry_up": 2.275874, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.028252, "annualized_volatility": 0.153239, "from_high_reference": -0.012423, "from_low_reference": 0.367588 }, "levels": { "trend_reference": 41.160647, "fair_value_reference": 33.472642, "structural_low": 36.577495, 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40.746275, "fair_value": 33.25575, "relative_strength": 5.212229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.560596, "energy": 63.500444, "activity_lines": [ 44.20495, 43.838459, 42.717657, 41.777975 ] }, { "date": "2026-07-31", "close": 44.04, "volume": 20363, "typical_volume": 11289.1, "trend": 40.958868, "fair_value": 33.358611, "relative_strength": 4.010621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.552617, "energy": 54.551219, "activity_lines": [ 44.123893, 43.95922, 42.96565, 41.990474 ] }, { "date": "2026-08-07", "close": 45.4516, "volume": 26882, "typical_volume": 12009.45, "trend": 41.160647, "fair_value": 33.472642, "relative_strength": 3.493512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.506977, "energy": 60.747748, "activity_lines": [ 44.546829, 44.295638, 43.31534, 42.280327 ] } ], "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." } } }