{ "ticker": { "uuid": "889f61dd-3ea6-4a29-8841-8f962f78beff", "symbol": "PJFV", "name": "PGIM ETF TRUST JENNISON FOCUSED VALUE 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": 85.732, "architecture_energy": 72.616, "architecture_maturity": 46.926, "architecture_confidence": 85.024, "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": 2.77, "rotation_up": 71.22, "upward_expansion": 90.01, "deceleration": 50.98, "rotation_down": 23.43, "downward_expansion": 12.01 }, "activity_lines": [ 100.206773, 99.171724, 96.870817, 94.368005 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 101.87, "trend_reference": 91.398803, "distance_from_trend": 0.114566, "trend_direction": "Improving", "fair_value": 71.748693, "distance_from_fair_value": 0.419817, "fair_value_direction": "Improving", "relative_strength": 5.168483, "relative_strength_direction": "Improving", "price_momentum": 0.164033, "excess_performance": 0.038408, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.114566, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06199, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.419817, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.050053, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.051685, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.022236, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.164033, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.912935, "read": "Demand-led" } ], "volume": { "latest": 122362, "relative_activity": 2.007583, "balance": 2.912935, "dry_up": 1.564822, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.021064, "annualized_volatility": 0.111249, "from_high_reference": -0.006921, "from_low_reference": 0.361252 }, "levels": { "trend_reference": 91.398803, "fair_value_reference": 71.748693, "structural_low": 81.7121, 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96.443967, 95.244718, 92.320613, 90.495897 ] }, { "date": "2026-07-03", "close": 98.2889, "volume": 76649, "typical_volume": 52182.7, "trend": 88.674209, "fair_value": 70.229085, "relative_strength": 6.382471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.013623, "energy": 85.024588, "activity_lines": [ 97.212913, 95.980355, 93.104418, 91.150107 ] }, { "date": "2026-07-10", "close": 98.92, "volume": 69353, "typical_volume": 54715.1, "trend": 89.215951, "fair_value": 70.532891, "relative_strength": 5.454568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.041742, "energy": 88.517439, "activity_lines": [ 97.967273, 96.705804, 93.898253, 91.811126 ] }, { "date": "2026-07-17", "close": 98.609, "volume": 108423, "typical_volume": 57048.45, "trend": 89.754031, "fair_value": 70.828047, "relative_strength": 6.562472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.062359, "energy": 83.063477, "activity_lines": [ 98.317953, 97.252822, 94.61069, 92.417129 ] }, { "date": "2026-07-24", "close": 99.31, "volume": 103469, "typical_volume": 55416.5, "trend": 90.282253, "fair_value": 71.123548, "relative_strength": 7.712584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.043487, "energy": 81.518391, "activity_lines": [ 98.748067, 97.824971, 95.336842, 93.033643 ] }, { "date": "2026-07-31", "close": 99.9209, "volume": 47249, "typical_volume": 57105.2, "trend": 90.826047, "fair_value": 71.430572, "relative_strength": 6.985926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.970604, "energy": 74.373582, "activity_lines": [ 99.25336, 98.376435, 96.050638, 93.655491 ] }, { "date": "2026-08-07", "close": 101.87, "volume": 122362, "typical_volume": 60949.9, "trend": 91.398803, "fair_value": 71.748693, "relative_strength": 5.168483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.732077, "energy": 72.616297, "activity_lines": [ 100.206773, 99.171724, 96.870817, 94.368005 ] } ], "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." } } }