{ "ticker": { "uuid": "716d795d-0851-48e0-8d72-128ad4568118", "symbol": "FFIU", "name": "SPINNAKER ETF SERIES UVA UNCONSTRAINED MEDUM TRM FXD INCM 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 56.813, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -57.228, "architecture_energy": 63.077, "architecture_maturity": 25.124, "architecture_confidence": 83.725, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 14.17, "rotation_up": 13.1, "upward_expansion": 16.51, "deceleration": 34.73, "rotation_down": 67.11, "downward_expansion": 87.51 }, "activity_lines": [ 21.472713, 21.578274, 21.639287, 21.703684 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 21.4914, "trend_reference": 21.797639, "distance_from_trend": -0.014049, "trend_direction": "Weakening", "fair_value": 20.801525, "distance_from_fair_value": 0.033165, "fair_value_direction": "Weakening", "relative_strength": -12.309255, "relative_strength_direction": "Weakening", "price_momentum": -0.02212, "excess_performance": -0.147745, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.014049, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.004572, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.033165, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.020275, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.123093, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.013812, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.02212, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.975262, "read": "Demand-led" } ], "volume": { "latest": 30735, "relative_activity": 2.520213, "balance": 1.975262, "dry_up": 1.833847, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.011238, "annualized_volatility": 0.055472, "from_high_reference": -0.05118, "from_low_reference": 0.017699 }, "levels": { "trend_reference": 21.797639, "fair_value_reference": 20.801525, "structural_low": 21.2526, 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21.709567, 21.726926, 21.781372 ] }, { "date": "2026-07-24", "close": 21.4297, "volume": 10961, "typical_volume": 10731.1, "trend": 21.824953, "fair_value": 20.773484, "relative_strength": -9.159704, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.833757, "energy": 42.785979, "activity_lines": [ 21.609343, 21.666047, 21.695648, 21.755017 ] }, { "date": "2026-07-31", "close": 21.3498, "volume": 7197, "typical_volume": 10960.9, "trend": 21.811897, "fair_value": 20.786763, "relative_strength": -10.156629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.01134, "energy": 66.512216, "activity_lines": [ 21.501593, 21.608305, 21.659647, 21.724362 ] }, { "date": "2026-08-07", "close": 21.4914, "volume": 30735, "typical_volume": 12195.4, "trend": 21.797639, "fair_value": 20.801525, "relative_strength": -12.309255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.228057, "energy": 63.077012, "activity_lines": [ 21.472713, 21.578274, 21.639287, 21.703684 ] } ], "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." } } }