{ "ticker": { "uuid": "745c0da7-b45b-4d3c-9ea4-9ed8df559560", "symbol": "FTCS", "name": "FIRST TRUST CAPITAL STRENGTH ETF", "exchange": "NASDAQ", "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": "QQQ", "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": 60.475, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 80.641, "architecture_energy": 78.5, "architecture_maturity": 12.208, "architecture_confidence": 64.199, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 14.07, "rotation_up": 81.81, "upward_expansion": 94.58, "deceleration": 39.52, "rotation_down": 9.26, "downward_expansion": 16.58 }, "activity_lines": [ 98.580667, 97.275405, 95.638128, 95.21494 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 100.17, "trend_reference": 95.164809, "distance_from_trend": 0.052595, "trend_direction": "Improving", "fair_value": 87.015474, "distance_from_fair_value": 0.151175, "fair_value_direction": "Improving", "relative_strength": -6.883213, "relative_strength_direction": "Improving", "price_momentum": 0.013936, "excess_performance": -0.173518, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.052595, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.013967, "read": "Rising" }, { "label": "Price vs current Fair 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"relative_strength": -11.426069, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.70621, "energy": 43.071421, "activity_lines": [ 95.557314, 94.645477, 93.984045, 94.281751 ] }, { "date": "2026-07-17", "close": 96.94, "volume": 2753598, "typical_volume": 3111812.9, "trend": 94.624148, "fair_value": 86.529336, "relative_strength": -7.009878, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.794919, "energy": 52.504022, "activity_lines": [ 96.22187, 95.185381, 94.265298, 94.440853 ] }, { "date": "2026-07-24", "close": 97.39, "volume": 2837228, "typical_volume": 3108939.7, "trend": 94.759142, "fair_value": 86.67948, "relative_strength": -4.821698, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.540394, "energy": 58.729794, "activity_lines": [ 96.858, 95.718192, 94.599382, 94.619295 ] }, { "date": "2026-07-31", "close": 98.8, "volume": 2863892, "typical_volume": 3124094.5, "trend": 94.978354, "fair_value": 86.845716, "relative_strength": -3.735607, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.028618, "energy": 64.741569, "activity_lines": [ 97.651333, 96.413674, 95.064923, 94.879996 ] }, { "date": "2026-08-07", "close": 100.17, "volume": 2036099, "typical_volume": 3093003.65, "trend": 95.164809, "fair_value": 87.015474, "relative_strength": -6.883213, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.641182, "energy": 78.500182, "activity_lines": [ 98.580667, 97.275405, 95.638128, 95.21494 ] } ], "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." } } }