{ "ticker": { "uuid": "84ab57c7-08ee-4dba-be09-7b329e545beb", "symbol": "FDIQ", "name": "Invesco KBW Regional Banking ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 65.937, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 56.738, "architecture_energy": 46.584, "architecture_maturity": 9.845, "architecture_confidence": 45.343, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 35.6, "rotation_up": 71.29, "upward_expansion": 72.83, "deceleration": 47.73, "rotation_down": 6.53, "downward_expansion": 11.5 }, "activity_lines": [ 71.044333, 69.424141, 69.067708, 69.160624 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 72.278, "trend_reference": 68.963718, "distance_from_trend": 0.048058, "trend_direction": "Improving", "fair_value": 55.995636, "distance_from_fair_value": 0.290779, "fair_value_direction": "Weakening", "relative_strength": -3.12722, "relative_strength_direction": "Improving", "price_momentum": 0.023018, "excess_performance": -0.164436, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.048058, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036683, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.290779, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.016752, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.031272, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.028824, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.023018, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.728108, "read": "Supply-led" } ], "volume": { "latest": 13005, "relative_activity": 0.759986, "balance": 0.728108, "dry_up": 0.814597, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.041682, "annualized_volatility": 0.223829, "from_high_reference": -0.05255, "from_low_reference": 0.317626 }, "levels": { "trend_reference": 68.963718, "fair_value_reference": 55.995636, "structural_low": 62.3, "invalidation": "A 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19877.4, "trend": 67.912407, "fair_value": 55.366076, "relative_strength": -8.739106, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.860721, "energy": 34.795106, "activity_lines": [ 66.772632, 67.218036, 68.299529, 68.466472 ] }, { "date": "2026-07-17", "close": 70.3267, "volume": 11349, "typical_volume": 18882.95, "trend": 68.143618, "fair_value": 55.528789, "relative_strength": -1.921631, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.458971, "energy": 6.614548, "activity_lines": [ 68.047885, 67.670107, 68.415296, 68.622233 ] }, { "date": "2026-07-24", "close": 69.829, "volume": 7786, "typical_volume": 17708.15, "trend": 68.370138, "fair_value": 55.674303, "relative_strength": -1.008091, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.324945, "energy": 18.815903, "activity_lines": [ 68.97854, 68.031701, 68.494138, 68.730968 ] }, { "date": "2026-07-31", "close": 71.4438, "volume": 23618, "typical_volume": 17509.2, "trend": 68.691993, "fair_value": 55.829872, "relative_strength": 0.665023, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.683896, "energy": 27.420406, "activity_lines": [ 70.13236, 68.664446, 68.745151, 68.929268 ] }, { "date": "2026-08-07", "close": 72.278, "volume": 13005, "typical_volume": 17112.15, "trend": 68.963718, "fair_value": 55.995636, "relative_strength": -3.12722, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.7375, "energy": 46.584116, "activity_lines": [ 71.044333, 69.424141, 69.067708, 69.160624 ] } ], "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." } } }