{
  "ticker": {
    "uuid": "8bd7107a-3a10-427b-ac35-571f6fcd8348",
    "symbol": "QQQY",
    "name": "Evolve NASDAQ Technology Enhanced Yield Index Fund",
    "exchange": "TOR",
    "country": "CA",
    "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": "^GSPTSE",
    "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": 49.533,
    "architecture_energy": 24.737,
    "architecture_maturity": 68.687,
    "architecture_confidence": 87.611,
    "architecture_tenure": "Developing",
    "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": 37.18,
        "rotation_up": 30.06,
        "upward_expansion": 57.46,
        "deceleration": 88.13,
        "rotation_down": 28.03,
        "downward_expansion": 18.79
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      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
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    "latest_close": 29.809999,
    "trend_reference": 27.170311,
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    "trend_direction": "Improving",
    "fair_value": 21.523883,
    "distance_from_fair_value": 0.384973,
    "fair_value_direction": "Weakening",
    "relative_strength": 1.126751,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.18081,
    "excess_performance": 0.060389,
    "evidence": [
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        "value": 0.097153,
        "read": "Above"
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.384973,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.007715,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.011268,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.047417,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.18081,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.953717,
        "read": "Demand-led"
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      "dry_up": 1.144444,
      "accumulation_observations": 4,
      "distribution_observations": 2
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      "annualized_volatility": 0.234973,
      "from_high_reference": -0.028945,
      "from_low_reference": 0.324866
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    "levels": {
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      "fair_value_reference": 21.523883,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "horizon": "Extended",
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        "date": "2026-04-03",
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      },
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      },
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      },
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      },
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        "date": "2026-05-29",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
        "close": 28.367641,
        "volume": 57000,
        "typical_volume": 42345.0,
        "trend": 26.909963,
        "fair_value": 21.373963,
        "relative_strength": -0.910545,
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        "modifier": "Recompressing",
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        "direction": 41.982738,
        "energy": 28.50325,
        "activity_lines": [
          29.059165,
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          27.762068
        ]
      },
      {
        "date": "2026-07-24",
        "close": 28.150112,
        "volume": 53200,
        "typical_volume": 42445.0,
        "trend": 26.972454,
        "fair_value": 21.420375,
        "relative_strength": -1.88941,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.021024,
        "energy": 22.475839,
        "activity_lines": [
          28.686466,
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          28.653352,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 28.35,
        "volume": 30300,
        "typical_volume": 41385.0,
        "trend": 27.054432,
        "fair_value": 21.467515,
        "relative_strength": -0.731365,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.614012,
        "energy": 20.487668,
        "activity_lines": [
          28.533146,
          28.891414,
          28.71572,
          27.930951
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.809999,
        "volume": 44900,
        "typical_volume": 40500.0,
        "trend": 27.170311,
        "fair_value": 21.523883,
        "relative_strength": 1.126751,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.533083,
        "energy": 24.737129,
        "activity_lines": [
          28.889206,
          29.003068,
          28.898811,
          28.10873
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      }
    ],
    "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."
    }
  }
}