{ "ticker": { "uuid": "73a13915-1dbb-4f47-968c-c64a80e8dfae", "symbol": "QIDX", "name": "INDEXPERTS QUALITY EARNINGS FOCUSED 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 86.475, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 80.945, "architecture_energy": 64.251, "architecture_maturity": 25.77, "architecture_confidence": 80.874, "architecture_tenure": "Developing", "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": 7.98, "rotation_up": 61.15, "upward_expansion": 83.76, "deceleration": 61.15, "rotation_down": 23.77, "downward_expansion": 10.43 }, "activity_lines": [ 11.808553, 11.750579, 11.591333, 11.444637 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 11.96, "trend_reference": 11.296967, "distance_from_trend": 0.058691, "trend_direction": "Improving", "fair_value": 10.721107, "distance_from_fair_value": 0.115556, "fair_value_direction": "Improving", "relative_strength": -3.733904, "relative_strength_direction": "Improving", "price_momentum": 0.065974, "excess_performance": -0.059651, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.058691, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02935, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.115556, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.050283, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.037339, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.034586, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.065974, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.842614, "read": "Demand-led" } ], "volume": { "latest": 17627, "relative_activity": 1.066116, "balance": 3.842614, "dry_up": 1.010669, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.015914, "annualized_volatility": 0.101657, "from_high_reference": -0.005819, "from_low_reference": 0.15583 }, "levels": { "trend_reference": 11.296967, "fair_value_reference": 10.721107, "structural_low": 10.515, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.01343, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.010823, "regime_survival": 1.0, "best_return": 0.01343, "worst_return": 0.01343, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, 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{ "date": "2026-07-17", "close": 11.6736, "volume": 3385, "typical_volume": 14831.9, "trend": 11.201802, "fair_value": 10.680858, "relative_strength": -2.631174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.476533, "energy": 80.69254, "activity_lines": [ 11.710077, 11.629075, 11.446273, 11.333191 ] }, { "date": "2026-07-24", "close": 11.6744, "volume": 4541, "typical_volume": 14671.0, "trend": 11.229591, "fair_value": 10.692975, "relative_strength": -1.935746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.420392, "energy": 70.835481, "activity_lines": [ 11.707712, 11.654204, 11.485806, 11.363681 ] }, { "date": "2026-07-31", "close": 11.7891, "volume": 41288, "typical_volume": 16182.1, "trend": 11.264693, "fair_value": 10.706181, "relative_strength": -1.924401, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.949259, "energy": 60.813149, "activity_lines": [ 11.73478, 11.690665, 11.532947, 11.399778 ] }, { "date": "2026-08-07", "close": 11.96, "volume": 17627, "typical_volume": 16533.85, "trend": 11.296967, "fair_value": 10.721107, "relative_strength": -3.733904, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.94505, "energy": 64.250745, "activity_lines": [ 11.808553, 11.750579, 11.591333, 11.444637 ] } ], "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." } } }