{
  "ticker": {
    "uuid": "87cce925-9b37-4846-857b-2f42ece9d272",
    "symbol": "RINF",
    "name": "PROSHARES TRUST INFLATION EXPECTATIONS 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": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 91.143,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 61.613,
    "architecture_energy": 58.392,
    "architecture_maturity": 5.039,
    "architecture_confidence": 66.979,
    "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": 14.91,
        "rotation_up": 67.02,
        "upward_expansion": 87.65,
        "deceleration": 44.02,
        "rotation_down": 12.69,
        "downward_expansion": 11.98
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
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    "trend_direction": "Improving",
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    "distance_from_fair_value": 0.047263,
    "fair_value_direction": "Improving",
    "relative_strength": -9.418896,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.016634,
    "excess_performance": -0.108991,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.012983,
        "read": "Above"
      },
      {
        "label": "Trend direction",
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        "value": 0.005462,
        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.047263,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.000895,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.094189,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.008507,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
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        "value": 0.016634,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.497925,
        "read": "Supply-led"
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      "dry_up": 0.848496,
      "accumulation_observations": 1,
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      "annualized_volatility": 0.036616,
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      "from_low_reference": 0.035163
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      },
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        "date": "2026-05-01",
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      },
      {
        "date": "2026-06-26",
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        "modifier": "Early expansion",
        "gate": "up",
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        "energy": 16.223885,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 23502.35,
        "trend": 32.110233,
        "fair_value": 31.050338,
        "relative_strength": -8.4505,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 22664.55,
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        "fair_value": 31.071482,
        "relative_strength": -9.031565,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.18976,
        "energy": 21.066339,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 32.3596,
        "volume": 26425,
        "typical_volume": 23594.0,
        "trend": 32.138943,
        "fair_value": 31.090148,
        "relative_strength": -7.399006,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.9921,
        "energy": 16.713579,
        "activity_lines": [
          32.313463,
          32.350462,
          32.31395,
          32.229204
        ]
      },
      {
        "date": "2026-07-24",
        "close": 32.4758,
        "volume": 10985,
        "typical_volume": 23326.95,
        "trend": 32.159552,
        "fair_value": 31.109564,
        "relative_strength": -6.248065,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.474926,
        "energy": 29.163458,
        "activity_lines": [
          32.379393,
          32.363245,
          32.338359,
          32.250936
        ]
      },
      {
        "date": "2026-07-31",
        "close": 32.7589,
        "volume": 25377,
        "typical_volume": 23029.35,
        "trend": 32.182304,
        "fair_value": 31.129027,
        "relative_strength": -6.169643,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.230009,
        "energy": 55.735355,
        "activity_lines": [
          32.524247,
          32.429963,
          32.386511,
          32.289604
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.62,
        "volume": 8096,
        "typical_volume": 20884.9,
        "trend": 32.20193,
        "fair_value": 31.147862,
        "relative_strength": -9.418896,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.612881,
        "energy": 58.391682,
        "activity_lines": [
          32.57882,
          32.467705,
          32.417555,
          32.317842
        ]
      }
    ],
    "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."
    }
  }
}