{ "ticker": { "uuid": "89e43c98-19ca-4028-8f79-8df913362490", "symbol": "AFSM", "name": "FIRST TR EXCHANGE TRADED FD VIII FIRST TRUST ACTIVE FACTOR 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": 74.798, "architecture_energy": 59.76, "architecture_maturity": 71.884, "architecture_confidence": 72.1, "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": 13.12, "rotation_up": 51.34, "upward_expansion": 81.12, "deceleration": 70.01, "rotation_down": 27.98, "downward_expansion": 10.12 }, "activity_lines": [ 40.27864, 40.096328, 39.080655, 37.904573 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 41.0275, "trend_reference": 36.568007, "distance_from_trend": 0.121951, "trend_direction": "Improving", "fair_value": 30.308683, "distance_from_fair_value": 0.353655, "fair_value_direction": "Improving", "relative_strength": 5.231173, "relative_strength_direction": "Improving", "price_momentum": 0.170772, "excess_performance": 0.045147, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.121951, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.066996, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.353655, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.058235, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.052312, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.019468, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.170772, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.413107, "read": "Demand-led" } ], "volume": { "latest": 63645, "relative_activity": 0.796431, "balance": 1.413107, "dry_up": 1.271833, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.031193, "annualized_volatility": 0.159072, "from_high_reference": -0.014236, "from_low_reference": 0.362669 }, "levels": { "trend_reference": 36.568007, "fair_value_reference": 30.308683, "structural_low": 31.71, "invalidation": 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"up", "direction": 74.502272, "energy": 87.484139, "activity_lines": [ 39.773161, 38.940588, 37.444467, 36.52272 ] }, { "date": "2026-07-10", "close": 40.2713, "volume": 51546, "typical_volume": 82788.75, "trend": 35.685203, "fair_value": 29.924239, "relative_strength": 6.686279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.415424, "energy": 84.863511, "activity_lines": [ 40.089029, 39.29113, 37.836425, 36.833099 ] }, { "date": "2026-07-17", "close": 39.9854, "volume": 38868, "typical_volume": 77449.0, "trend": 35.900442, "fair_value": 30.019802, "relative_strength": 7.359926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.009767, "energy": 81.117497, "activity_lines": [ 40.115934, 39.530703, 38.175417, 37.110531 ] }, { "date": "2026-07-24", "close": 39.68, "volume": 200769, "typical_volume": 83766.4, "trend": 36.102806, "fair_value": 30.110792, "relative_strength": 6.933529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.19049, "energy": 60.461663, "activity_lines": [ 39.995513, 39.671874, 38.459426, 37.354373 ] }, { "date": "2026-07-31", "close": 39.94, "volume": 103261, "typical_volume": 83607.9, "trend": 36.336607, "fair_value": 30.205117, "relative_strength": 6.244427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.513146, "energy": 55.595015, "activity_lines": [ 39.940587, 39.805368, 38.736493, 37.601934 ] }, { "date": "2026-08-07", "close": 41.0275, "volume": 63645, "typical_volume": 79912.8, "trend": 36.568007, "fair_value": 30.308683, "relative_strength": 5.231173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.797997, "energy": 59.760484, "activity_lines": [ 40.27864, 40.096328, 39.080655, 37.904573 ] } ], "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." } } }