{ "ticker": { "uuid": "6ff606a6-d7bb-472d-934d-0ceef4f208c2", "symbol": "IMCB", "name": "ISHARES TRUST MORNINGSTAR MID-CAP 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": 84.875, "architecture_energy": 70.172, "architecture_maturity": 56.173, "architecture_confidence": 89.674, "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": 4.54, "rotation_up": 64.09, "upward_expansion": 87.67, "deceleration": 60.43, "rotation_down": 25.99, "downward_expansion": 12.0 }, "activity_lines": [ 97.764207, 97.050094, 94.90382, 92.69187 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 99.69, "trend_reference": 90.13364, "distance_from_trend": 0.106024, "trend_direction": "Improving", "fair_value": 75.45601, "distance_from_fair_value": 0.321167, "fair_value_direction": "Improving", "relative_strength": 2.729414, "relative_strength_direction": "Improving", "price_momentum": 0.149474, "excess_performance": 0.023849, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.106024, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05426, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.321167, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.071248, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027294, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.04873, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.149474, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.345534, "read": "Demand-led" } ], "volume": { "latest": 124469, "relative_activity": 0.619935, "balance": 3.345534, "dry_up": 0.761664, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.021993, "annualized_volatility": 0.112166, "from_high_reference": -0.001902, "from_low_reference": 0.276347 }, "levels": { "trend_reference": 90.13364, "fair_value_reference": 75.45601, "structural_low": 80.881576, "invalidation": 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200777.5, "trend": 90.13364, "fair_value": 75.45601, "relative_strength": 2.729414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.875265, "energy": 70.172132, "activity_lines": [ 97.764207, 97.050094, 94.90382, 92.69187 ] } ], "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." } } }