{ "ticker": { "uuid": "83675247-e108-40ac-a810-d3bbb4a01484", "symbol": "QBUL", "name": "TRUESHARES QUARTERLY BULL HEDGE 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": 90.205, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 51.27, "architecture_energy": 24.268, "architecture_maturity": 35.331, "architecture_confidence": 79.17, "architecture_tenure": "Developing", "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": 39.5, "rotation_up": 35.11, "upward_expansion": 60.7, "deceleration": 85.21, "rotation_down": 24.2, "downward_expansion": 13.04 }, "activity_lines": [ 24.125433, 24.112987, 24.121537, 24.039132 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 24.2661, "trend_reference": 23.930533, "distance_from_trend": 0.014023, "trend_direction": "Improving", "fair_value": 23.357005, "distance_from_fair_value": 0.038922, "fair_value_direction": "Weakening", "relative_strength": -9.48708, "relative_strength_direction": "Weakening", "price_momentum": 0.023247, "excess_performance": -0.102378, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.014023, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.004667, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.038922, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.003696, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.094871, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.00488, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.023247, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.94671, "read": "Demand-led" } ], "volume": { "latest": 804340, "relative_activity": 8.023826, "balance": 7.94671, "dry_up": 2.035936, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.007643, "annualized_volatility": 0.03464, "from_high_reference": -0.008738, "from_low_reference": 0.037565 }, "levels": { "trend_reference": 23.930533, "fair_value_reference": 23.357005, "structural_low": 23.51, "invalidation": "A decisive 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23.348665, "relative_strength": -7.44418, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.95371, "energy": 11.625077, "activity_lines": [ 24.064687, 24.086595, 24.098721, 24.01648 ] }, { "date": "2026-08-07", "close": 24.2661, "volume": 804340, "typical_volume": 100243.95, "trend": 23.930533, "fair_value": 23.357005, "relative_strength": -9.48708, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.269526, "energy": 24.26799, "activity_lines": [ 24.125433, 24.112987, 24.121537, 24.039132 ] } ], "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." } } }