{ "ticker": { "uuid": "74801778-f050-4b75-b86b-c3dbcdcd4522", "symbol": "SYSB", "name": "iShares U.S. Fixed Income Balanced Risk Systematic ETF", "exchange": "CBOE", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 72.997, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.584, "architecture_energy": 63.357, "architecture_maturity": 4.658, "architecture_confidence": 83.729, "architecture_tenure": "New", "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": 23.45, "rotation_up": 10.26, "upward_expansion": 14.05, "deceleration": 37.44, "rotation_down": 70.21, "downward_expansion": 89.72 }, "activity_lines": [ 87.155782, 87.469837, 87.687659, 87.849415 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 87.36, "trend_reference": 88.084877, "distance_from_trend": -0.008229, "trend_direction": "Weakening", "fair_value": 81.96708, "distance_from_fair_value": 0.065794, "fair_value_direction": "Weakening", "relative_strength": -11.462503, "relative_strength_direction": "Weakening", "price_momentum": -0.014403, "excess_performance": -0.140028, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.008229, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.00104, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.065794, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.026833, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.114625, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014981, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.014403, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.342092, "read": "Demand-led" } ], "volume": { "latest": 292605, "relative_activity": 0.666484, "balance": 1.342092, "dry_up": 0.682243, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.008805, "annualized_volatility": 0.047917, "from_high_reference": -0.027372, "from_low_reference": 0.039777 }, "levels": { "trend_reference": 88.084877, "fair_value_reference": 81.96708, 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3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.79814, "energy": 26.063299, "activity_lines": [ 87.823801, 87.894958, 87.939402, 88.071979 ] }, { "date": "2026-07-24", "close": 86.865441, "volume": 264343, "typical_volume": 545171.2, "trend": 88.162389, "fair_value": 81.786049, "relative_strength": -8.494118, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.280848, "energy": 57.802918, "activity_lines": [ 87.449039, 87.720005, 87.833554, 87.985403 ] }, { "date": "2026-07-31", "close": 86.815644, "volume": 283891, "typical_volume": 471590.65, "trend": 88.12107, "fair_value": 81.873397, "relative_strength": -9.231808, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.299391, "energy": 68.906058, "activity_lines": [ 87.151274, 87.539401, 87.732221, 87.898516 ] }, { "date": "2026-08-07", "close": 87.36, "volume": 292605, "typical_volume": 439028.05, "trend": 88.084877, "fair_value": 81.96708, "relative_strength": -11.462503, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.584084, "energy": 63.356928, "activity_lines": [ 87.155782, 87.469837, 87.687659, 87.849415 ] } ], "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." } } }