{ "ticker": { "uuid": "8336373b-1d3b-4004-9b93-c83e4992b5df", "symbol": "CSD", "name": "INVESCO EXCHANGE TRADED FD TR S&P SPIN OFF 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": 88.109, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 27.293, "architecture_energy": 26.114, "architecture_maturity": 63.771, "architecture_confidence": 86.025, "architecture_tenure": "New", "architecture": { "interpretation": { "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": 54.77, "rotation_up": 18.61, "upward_expansion": 53.61, "deceleration": 93.99, "rotation_down": 35.03, "downward_expansion": 19.61 }, "activity_lines": [ 134.716933, 137.600758, 136.77898, 132.47141 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 134.12, "trend_reference": 126.57104, "distance_from_trend": 0.059642, "trend_direction": "Improving", "fair_value": 86.223423, "distance_from_fair_value": 0.555494, "fair_value_direction": "Weakening", "relative_strength": 6.020511, "relative_strength_direction": "Weakening", "price_momentum": 0.187008, "excess_performance": 0.061383, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059642, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.114871, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.555494, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.147047, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.060205, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.15182, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.187008, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.46882, "read": "Supply-led" } ], "volume": { "latest": 79348, "relative_activity": 1.071933, "balance": 0.46882, "dry_up": 1.022223, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.045205, "annualized_volatility": 0.213795, "from_high_reference": -0.108393, "from_low_reference": 0.571957 }, "levels": { "trend_reference": 126.57104, "fair_value_reference": 86.223423, "structural_low": 107.21, "invalidation": "A 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84.925781, "energy": 73.866407, "activity_lines": [ 138.51414, 135.596082, 128.289401, 123.389663 ] }, { "date": "2026-06-19", "close": 146.26, "volume": 65063, "typical_volume": 58729.9, "trend": 118.193243, "fair_value": 82.615801, "relative_strength": 24.544693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.328405, "energy": 84.729327, "activity_lines": [ 141.533573, 138.059118, 130.496295, 125.314228 ] }, { "date": "2026-06-26", "close": 146.0393, "volume": 106365, "typical_volume": 62349.25, "trend": 119.761364, "fair_value": 83.190776, "relative_strength": 26.418927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.461508, "energy": 77.736561, "activity_lines": [ 143.618553, 140.053845, 132.51373, 127.110747 ] }, { "date": "2026-07-03", "close": 142.01, "volume": 63370, "typical_volume": 64091.25, "trend": 121.136517, "fair_value": 83.742109, "relative_strength": 19.556401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.348552, "energy": 66.307195, "activity_lines": [ 143.665813, 140.969804, 133.990043, 128.546143 ] }, { "date": "2026-07-10", "close": 139.74, "volume": 99192, "typical_volume": 67271.55, "trend": 122.423948, "fair_value": 84.266438, "relative_strength": 15.392526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.885451, "energy": 62.955637, "activity_lines": [ 142.68386, 141.209398, 135.124833, 129.746368 ] }, { "date": "2026-07-17", "close": 136.3548, "volume": 68771, "typical_volume": 68489.75, "trend": 123.60441, "fair_value": 84.76749, "relative_strength": 13.729585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.524143, "energy": 46.492114, "activity_lines": [ 140.340173, 140.633367, 135.83589, 130.645133 ] }, { "date": "2026-07-24", "close": 135.2768, "volume": 68093, "typical_volume": 69097.2, "trend": 124.715123, "fair_value": 85.257762, "relative_strength": 12.904741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.463501, "energy": 30.682017, "activity_lines": [ 138.072167, 139.839829, 136.370264, 131.39819 ] }, { "date": "2026-07-31", "close": 132.9685, "volume": 86461, "typical_volume": 71771.95, "trend": 125.738473, "fair_value": 85.738191, "relative_strength": 9.276756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.652397, "energy": 27.21753, "activity_lines": [ 135.76694, 138.591507, 136.573387, 131.930666 ] }, { "date": "2026-08-07", "close": 134.12, "volume": 79348, "typical_volume": 74023.25, "trend": 126.57104, "fair_value": 86.223423, "relative_strength": 6.020511, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.29302, "energy": 26.113736, "activity_lines": [ 134.716933, 137.600758, 136.77898, 132.47141 ] } ], "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." } } }