{ "ticker": { "uuid": "7073aac6-e272-4d2b-81b7-f031f2e3abdb", "symbol": "IPO", "name": "RENAISSANCE CAP GREENWICH FUNDS IPO 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 36.319, "architecture_energy": 26.072, "architecture_maturity": 69.102, "architecture_confidence": 86.064, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 36.06, "rotation_up": 29.08, "upward_expansion": 59.62, "deceleration": 85.45, "rotation_down": 36.17, "downward_expansion": 20.95 }, "activity_lines": [ 53.297333, 54.551829, 53.789288, 51.680661 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 55.47, "trend_reference": 49.250845, "distance_from_trend": 0.126275, "trend_direction": "Improving", "fair_value": 42.619119, "distance_from_fair_value": 0.301529, "fair_value_direction": "Improving", "relative_strength": 1.421394, "relative_strength_direction": "Improving", "price_momentum": 0.255431, "excess_performance": 0.129806, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.126275, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.064857, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.301529, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.090926, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.014214, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.067466, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.255431, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.232979, "read": "Demand-led" } ], "volume": { "latest": 107361, "relative_activity": 0.635968, "balance": 1.232979, "dry_up": 0.611815, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.077973, "annualized_volatility": 0.321919, "from_high_reference": -0.080557, "from_low_reference": 0.412046 }, "levels": { "trend_reference": 49.250845, "fair_value_reference": 42.619119, "structural_low": 39.283427, "invalidation": "A 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48.109757, "fair_value": 41.996915, "relative_strength": 8.815338, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.831094, "energy": 66.305549, "activity_lines": [ 57.249375, 55.72654, 52.110327, 50.045604 ] }, { "date": "2026-07-10", "close": 57.57, "volume": 96125, "typical_volume": 169165.4, "trend": 48.476254, "fair_value": 42.143834, "relative_strength": 7.332561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.566197, "energy": 58.580787, "activity_lines": [ 57.560667, 56.361646, 52.918834, 50.655942 ] }, { "date": "2026-07-17", "close": 52.78, "volume": 114220, "typical_volume": 167704.2, "trend": 48.676563, "fair_value": 42.260517, "relative_strength": -0.012375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.098754, "energy": 43.660096, "activity_lines": [ 56.004, 55.981711, 53.207027, 50.933603 ] }, { "date": "2026-07-24", "close": 51.46, "volume": 61810, "typical_volume": 165467.65, "trend": 48.842193, "fair_value": 42.36128, "relative_strength": -1.841736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.007886, "energy": 26.877817, "activity_lines": [ 54.203333, 55.299102, 53.325195, 51.11318 ] }, { "date": "2026-07-31", "close": 51.15, "volume": 129744, "typical_volume": 166786.5, "trend": 48.981843, "fair_value": 42.469777, "relative_strength": -3.346703, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.948836, "energy": 24.05698, "activity_lines": [ 52.838, 54.515639, 53.371821, 51.262071 ] }, { "date": "2026-08-07", "close": 55.47, "volume": 107361, "typical_volume": 168815.2, "trend": 49.250845, "fair_value": 42.619119, "relative_strength": 1.421394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.318658, "energy": 26.071868, "activity_lines": [ 53.297333, 54.551829, 53.789288, 51.680661 ] } ], "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." } } }