{ "ticker": { "uuid": "87607990-5e1f-418c-87a9-a161bfc0b678", "symbol": "ISCB", "name": "ISHARES TRUST MORNINGSTAR SMALL-CAP 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.764, "architecture_energy": 59.676, "architecture_maturity": 52.619, "architecture_confidence": 73.014, "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": 13.81, "rotation_up": 54.33, "upward_expansion": 80.2, "deceleration": 65.78, "rotation_down": 25.96, "downward_expansion": 9.2 }, "activity_lines": [ 75.07052, 74.692859, 73.325256, 71.830808 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 76.79, "trend_reference": 70.257947, "distance_from_trend": 0.092972, "trend_direction": "Improving", "fair_value": 58.076433, "distance_from_fair_value": 0.322223, "fair_value_direction": "Improving", "relative_strength": 1.772034, "relative_strength_direction": "Improving", "price_momentum": 0.107745, "excess_performance": -0.01788, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.092972, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047726, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.322223, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044385, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01772, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.013177, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.107745, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.312388, "read": "Demand-led" } ], "volume": { "latest": 20627, "relative_activity": 1.017334, "balance": 1.312388, "dry_up": 1.340691, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.025027, "annualized_volatility": 0.144106, "from_high_reference": -0.002727, "from_low_reference": 0.320688 }, "levels": { "trend_reference": 70.257947, "fair_value_reference": 58.076433, "structural_low": 62.77367, "invalidation": 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57.733031, "relative_strength": 2.686064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.409767, "energy": 54.15869, "activity_lines": [ 74.34606, 73.962165, 72.415998, 71.089126 ] }, { "date": "2026-07-31", "close": 74.3245, "volume": 35427, "typical_volume": 20187.7, "trend": 69.960592, "fair_value": 57.894643, "relative_strength": 2.101166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.225094, "energy": 49.393089, "activity_lines": [ 74.277213, 74.131149, 72.777053, 71.390201 ] }, { "date": "2026-08-07", "close": 76.79, "volume": 20627, "typical_volume": 20275.55, "trend": 70.257947, "fair_value": 58.076433, "relative_strength": 1.772034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.763567, "energy": 59.676367, "activity_lines": [ 75.07052, 74.692859, 73.325256, 71.830808 ] } ], "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." } } }