{ "ticker": { "uuid": "89e29441-c603-4925-b055-91bfafeb0576", "symbol": "IPOS", "name": "RENAISSANCE CAP GREENWICH FUNDS INTERNATIONAL IPO 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 32.711, "architecture_energy": 24.469, "architecture_maturity": 67.805, "architecture_confidence": 90.752, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 46.23, "rotation_up": 22.8, "upward_expansion": 55.67, "deceleration": 91.12, "rotation_down": 32.35, "downward_expansion": 19.34 }, "activity_lines": [ 22.980553, 23.482955, 23.03021, 22.210751 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 23.52, "trend_reference": 21.187986, "distance_from_trend": 0.110063, "trend_direction": "Improving", "fair_value": 15.268281, "distance_from_fair_value": 0.540448, "fair_value_direction": "Improving", "relative_strength": 8.788983, "relative_strength_direction": "Weakening", "price_momentum": 0.249226, "excess_performance": 0.123601, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.110063, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.119554, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.540448, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.002391, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.08789, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.075117, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.249226, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.965849, "read": "Supply-led" } ], "volume": { "latest": 27215, "relative_activity": 1.327859, "balance": 0.965849, "dry_up": 0.761793, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.067983, "annualized_volatility": 0.326896, "from_high_reference": -0.104, "from_low_reference": 0.507921 }, "levels": { "trend_reference": 21.187986, "fair_value_reference": 15.268281, "structural_low": 17.480038, "invalidation": "A 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23.991313, 23.807844, 22.709648, 21.820708 ] }, { "date": "2026-07-24", "close": 22.6821, "volume": 11989, "typical_volume": 20373.65, "trend": 20.844039, "fair_value": 15.167034, "relative_strength": 10.614587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.051436, "energy": 28.805003, "activity_lines": [ 23.404667, 23.687177, 22.816744, 21.950769 ] }, { "date": "2026-07-31", "close": 22.3702, "volume": 12915, "typical_volume": 19716.65, "trend": 21.016436, "fair_value": 15.210643, "relative_strength": 7.509658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.974018, "energy": 22.176227, "activity_lines": [ 22.914233, 23.487689, 22.878296, 22.049231 ] }, { "date": "2026-08-07", "close": 23.52, "volume": 27215, "typical_volume": 20495.4, "trend": 21.187986, "fair_value": 15.268281, "relative_strength": 8.788983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.710717, "energy": 24.469265, "activity_lines": [ 22.980553, 23.482955, 23.03021, 22.210751 ] } ], "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." } } }