{ "ticker": { "uuid": "844ea43e-fdc5-425e-804a-b7047067dd2d", "symbol": "MMKT", "name": "TEXAS CAPITAL GOVERNMENT MONEY MARKET ETF", "exchange": "NYSE", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 89.922, "architecture_energy": 92.251, "architecture_maturity": 38.516, "architecture_confidence": 62.215, "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": 19.51, "rotation_up": 82.42, "upward_expansion": 95.67, "deceleration": 43.18, "rotation_down": 12.32, "downward_expansion": 20.0 }, "activity_lines": [ 100.103479, 100.016025, 99.906797, 99.76959 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 100.19, "trend_reference": 99.547647, "distance_from_trend": 0.006453, "trend_direction": "Improving", "fair_value": 97.224887, "distance_from_fair_value": 0.030497, "fair_value_direction": "Improving", "relative_strength": -9.793007, "relative_strength_direction": "Improving", "price_momentum": 0.012492, "excess_performance": -0.113133, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006453, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0053, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.030497, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.000978, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.09793, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 9e-06, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.012492, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.76703, "read": "Demand-led" } ], "volume": { "latest": 27956, "relative_activity": 0.620675, "balance": 1.76703, "dry_up": 0.566159, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.000806, "annualized_volatility": 0.002517, "from_high_reference": 0.0, "from_low_reference": 0.031984 }, "levels": { "trend_reference": 99.547647, "fair_value_reference": 97.224887, "structural_low": 98.944109, 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"typical_volume": 48694.9, "trend": 99.497362, "fair_value": 97.194319, "relative_strength": -6.989171, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.242127, "energy": 76.160966, "activity_lines": [ 100.036867, 99.968336, 99.865173, 99.724903 ] }, { "date": "2026-08-07", "close": 100.19, "volume": 27956, "typical_volume": 45041.25, "trend": 99.547647, "fair_value": 97.224887, "relative_strength": -9.793007, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.921505, "energy": 92.251, "activity_lines": [ 100.103479, 100.016025, 99.906797, 99.76959 ] } ], "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." } } }