{ "ticker": { "uuid": "80aa7637-a3e0-4000-9cc8-25673de02d87", "symbol": "YLD", "name": "PRINCIPAL EXCHANGE-TRADED FDS PRINCIPAL ACTIVE HIGH YIELD 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 59.998, "architecture_energy": 29.92, "architecture_maturity": 45.128, "architecture_confidence": 40.174, "architecture_tenure": "Established", "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": 46.46, "rotation_up": 36.34, "upward_expansion": 68.99, "deceleration": 69.84, "rotation_down": 24.31, "downward_expansion": 2.66 }, "activity_lines": [ 18.865912, 18.862299, 18.842185, 18.792707 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 18.965, "trend_reference": 18.736346, "distance_from_trend": 0.012204, "trend_direction": "Improving", "fair_value": 17.283886, "distance_from_fair_value": 0.097265, "fair_value_direction": "Weakening", "relative_strength": -8.998967, "relative_strength_direction": "Weakening", "price_momentum": 0.015159, "excess_performance": -0.110466, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.012204, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.009186, "read": "Rising" 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51.573177, "energy": 31.57697, "activity_lines": [ 18.863274, 18.856946, 18.801989, 18.753764 ] }, { "date": "2026-07-17", "close": 18.839525, "volume": 559074, "typical_volume": 910130.7, "trend": 18.697995, "fair_value": 17.208809, "relative_strength": -6.727007, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.662122, "energy": 22.674264, "activity_lines": [ 18.848912, 18.856798, 18.812099, 18.763839 ] }, { "date": "2026-07-24", "close": 18.779891, "volume": 1396448, "typical_volume": 926453.4, "trend": 18.709518, "fair_value": 17.233241, "relative_strength": -6.257708, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.39455, "energy": 17.624313, "activity_lines": [ 18.819019, 18.84592, 18.815778, 18.769123 ] }, { "date": "2026-07-31", "close": 18.832568, "volume": 633847, "typical_volume": 912704.15, "trend": 18.722504, "fair_value": 17.258073, "relative_strength": -6.741379, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.354556, "energy": 16.150092, "activity_lines": [ 18.817659, 18.84258, 18.823569, 18.777062 ] }, { "date": "2026-08-07", "close": 18.965, "volume": 688196, "typical_volume": 922004.7, "trend": 18.736346, "fair_value": 17.283886, "relative_strength": -8.998967, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.998364, "energy": 29.919763, "activity_lines": [ 18.865912, 18.862299, 18.842185, 18.792707 ] } ], "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." } } }