{ "ticker": { "uuid": "85cec4c1-3567-4869-87c0-b22424323208", "symbol": "FDFF", "name": "FIDELITY DISRUPTIVE FINANCE 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": 56.689, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 86.238, "architecture_energy": 87.964, "architecture_maturity": 9.9, "architecture_confidence": 63.441, "architecture_tenure": "New", "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": 17.23, "rotation_up": 82.52, "upward_expansion": 95.4, "deceleration": 41.87, "rotation_down": 8.8, "downward_expansion": 19.73 }, "activity_lines": [ 35.5225, 34.765834, 34.013791, 33.537365 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 36.5968, "trend_reference": 33.307509, "distance_from_trend": 0.098755, "trend_direction": "Weakening", "fair_value": 32.619627, "distance_from_fair_value": 0.121926, "fair_value_direction": "Improving", "relative_strength": -7.03961, "relative_strength_direction": "Improving", "price_momentum": 0.08283, "excess_performance": -0.104624, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098755, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.008939, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.121926, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.074454, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.070396, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.138859, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.08283, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.065073, "read": "Demand-led" } ], "volume": { "latest": 23101, "relative_activity": 1.25465, "balance": 2.065073, "dry_up": 1.324631, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.030007, "annualized_volatility": 0.212241, "from_high_reference": -0.033285, "from_low_reference": 0.220335 }, "levels": { "trend_reference": 33.307509, "fair_value_reference": 32.619627, "structural_low": 29.989135, 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33.303182, "fair_value": 32.485737, "relative_strength": -8.390856, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.44162, "energy": 66.11274, "activity_lines": [ 34.486333, 33.88068, 33.431637, 33.182737 ] }, { "date": "2026-07-31", "close": 35.5051, "volume": 17879, "typical_volume": 18076.85, "trend": 33.301975, "fair_value": 32.548136, "relative_strength": -5.69555, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.624642, "energy": 82.40822, "activity_lines": [ 34.909687, 34.24712, 33.682144, 33.324796 ] }, { "date": "2026-08-07", "close": 36.5968, "volume": 23101, "typical_volume": 18412.3, "trend": 33.307509, "fair_value": 32.619627, "relative_strength": -7.03961, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.238045, "energy": 87.963881, "activity_lines": [ 35.5225, 34.765834, 34.013791, 33.537365 ] } ], "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." } } }