{
  "ticker": {
    "uuid": "793cc554-3ab6-4171-a494-9d44f9c00dd8",
    "symbol": "BCUS",
    "name": "EXCHANGE LISTED FUNDS TRUST BANCREEK US LARGE CAP 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": 70.989,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 32.142,
    "architecture_energy": 18.988,
    "architecture_maturity": 58.102,
    "architecture_confidence": 79.656,
    "architecture_tenure": "New",
    "architecture": {
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        "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": 51.38,
        "rotation_up": 20.69,
        "upward_expansion": 52.64,
        "deceleration": 93.86,
        "rotation_down": 28.36,
        "downward_expansion": 18.64
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
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    "distance_from_fair_value": 0.162219,
    "fair_value_direction": "Improving",
    "relative_strength": -4.446506,
    "relative_strength_direction": "Weakening",
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        "label": "Price vs Trend",
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        "label": "Trend direction",
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        "label": "Price vs current Fair Value",
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        "read": "Premium"
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      {
        "label": "Fair Value direction",
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        "value": 0.006337,
        "read": "Closing upward"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.044465,
        "read": "Lagging"
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      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.008113,
        "read": "Weakening"
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      {
        "label": "Price momentum",
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        "value": 0.075383,
        "read": "Positive"
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        "label": "Volume balance",
        "positive": true,
        "value": 1.294978,
        "read": "Demand-led"
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      "accumulation_observations": 1,
      "distribution_observations": 1
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      "from_high_reference": -0.042921,
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      "fair_value_reference": 30.930408,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "sample_count": 3,
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        "horizon": "Intermediate",
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        "stage": 2,
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        "modifier": "Supply rotation",
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      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 116428.85,
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 115903.45,
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      },
      {
        "date": "2026-06-05",
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        "trend": 33.323938,
        "fair_value": 30.563027,
        "relative_strength": -2.819512,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "trend": 33.466755,
        "fair_value": 30.607702,
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        "stage": 2,
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "relative_strength": 2.714033,
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        "energy": 74.16432,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "volume": 694732,
        "typical_volume": 184008.45,
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        "relative_strength": -0.840712,
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      },
      {
        "date": "2026-07-10",
        "close": 36.56,
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        "typical_volume": 185891.9,
        "trend": 34.066993,
        "fair_value": 30.788592,
        "relative_strength": -1.00953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.705938,
        "energy": 67.452541,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 35.47,
        "volume": 23311,
        "typical_volume": 184424.2,
        "trend": 34.177133,
        "fair_value": 30.823269,
        "relative_strength": -2.315876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.372851,
        "energy": 40.522895,
        "activity_lines": [
          36.18304,
          36.142424,
          35.512252,
          34.903733
        ]
      },
      {
        "date": "2026-07-24",
        "close": 35.6471,
        "volume": 20007,
        "typical_volume": 183731.7,
        "trend": 34.27806,
        "fair_value": 30.858738,
        "relative_strength": -1.121867,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.989446,
        "energy": 26.956245,
        "activity_lines": [
          35.922733,
          36.095267,
          35.604176,
          34.998569
        ]
      },
      {
        "date": "2026-07-31",
        "close": 35.66,
        "volume": 33982,
        "typical_volume": 153138.3,
        "trend": 34.38927,
        "fair_value": 30.893784,
        "relative_strength": -2.029509,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.902197,
        "energy": 20.51537,
        "activity_lines": [
          35.772413,
          36.031138,
          35.68293,
          35.087727
        ]
      },
      {
        "date": "2026-08-07",
        "close": 35.9479,
        "volume": 85727,
        "typical_volume": 155456.7,
        "trend": 34.4872,
        "fair_value": 30.930408,
        "relative_strength": -4.446506,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.142357,
        "energy": 18.988459,
        "activity_lines": [
          35.788053,
          36.008809,
          35.771618,
          35.188284
        ]
      }
    ],
    "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."
    }
  }
}