{ "ticker": { "uuid": "8dac035e-0a0e-49b1-9dba-9e44f0fb18fd", "symbol": "NJUN", "name": "Innovator Growth-100 Power Buffer ETF - June", "exchange": "CBOE", "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": 89.948, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 23.552, "architecture_energy": 17.202, "architecture_maturity": 39.62, "architecture_confidence": 73.779, "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": 45.8, "rotation_up": 28.32, "upward_expansion": 44.57, "deceleration": 79.51, "rotation_down": 35.96, "downward_expansion": 33.91 }, "activity_lines": [ 32.227573, 32.276484, 32.399244, 32.271879 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 32.75, "trend_reference": 32.088407, "distance_from_trend": 0.020618, "trend_direction": "Improving", "fair_value": 29.170591, "distance_from_fair_value": 0.122706, "fair_value_direction": "Weakening", "relative_strength": -7.654512, "relative_strength_direction": "Weakening", "price_momentum": 0.034755, "excess_performance": -0.09087, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.020618, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.011205, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.122706, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017515, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.076545, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.022115, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.034755, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.686721, "read": "Supply-led" } ], "volume": { "latest": 191649, "relative_activity": 0.569784, "balance": 0.686721, "dry_up": 0.285426, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.020339, "annualized_volatility": 0.08941, "from_high_reference": -0.017107, "from_low_reference": 0.095318 }, "levels": { "trend_reference": 32.088407, "fair_value_reference": 29.170591, "structural_low": 30.67, "invalidation": "A 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"trend": 32.053247, "fair_value": 29.138915, "relative_strength": -7.05463, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.665966, "energy": 20.037397, "activity_lines": [ 32.024813, 32.201004, 32.353494, 32.226927 ] }, { "date": "2026-08-07", "close": 32.75, "volume": 191649, "typical_volume": 336354.05, "trend": 32.088407, "fair_value": 29.170591, "relative_strength": -7.654512, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.551516, "energy": 17.201659, "activity_lines": [ 32.227573, 32.276484, 32.399244, 32.271879 ] } ], "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." } } }