{ "ticker": { "uuid": "8e048a84-4f74-4f03-8288-ac69dc34bcf1", "symbol": "JHSC", "name": "JOHN HANCOCK EXCHANGE TRADED FD TR MULTIFACTOR 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": 88.382, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 77.321, "architecture_energy": 56.38, "architecture_maturity": 43.822, "architecture_confidence": 76.94, "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": 8.18, "rotation_up": 61.38, "upward_expansion": 83.63, "deceleration": 55.99, "rotation_down": 23.35, "downward_expansion": 7.96 }, "activity_lines": [ 48.63104, 48.376826, 47.599497, 46.806583 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 49.428, "trend_reference": 46.005689, "distance_from_trend": 0.074389, "trend_direction": "Improving", "fair_value": 39.226286, "distance_from_fair_value": 0.260073, "fair_value_direction": "Improving", "relative_strength": -0.171315, "relative_strength_direction": "Improving", "price_momentum": 0.069407, "excess_performance": -0.056218, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074389, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045018, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.260073, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.03635, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.001713, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.013109, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.069407, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.442248, "read": "Supply-led" } ], "volume": { "latest": 154601, "relative_activity": 0.684594, "balance": 0.442248, "dry_up": 1.215965, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.025283, "annualized_volatility": 0.140616, "from_high_reference": -0.009657, "from_low_reference": 0.265553 }, "levels": { "trend_reference": 46.005689, "fair_value_reference": 39.226286, "structural_low": 41.67, 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{ "date": "2026-07-03", "close": 48.12, "volume": 147021, "typical_volume": 182207.45, "trend": 45.093232, "fair_value": 38.743286, "relative_strength": 1.059801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.452904, "energy": 74.455392, "activity_lines": [ 47.985389, 47.388592, 46.372791, 45.839073 ] }, { "date": "2026-07-10", "close": 48.11, "volume": 471534, "typical_volume": 199536.6, "trend": 45.270887, "fair_value": 38.839089, "relative_strength": -0.298727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.322243, "energy": 69.32738, "activity_lines": [ 48.119853, 47.601133, 46.614958, 46.033703 ] }, { "date": "2026-07-17", "close": 48.2878, "volume": 100270, "typical_volume": 197692.35, "trend": 45.459765, "fair_value": 38.933518, "relative_strength": 1.608358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.033291, "energy": 66.829323, "activity_lines": [ 48.198115, 47.809348, 46.864773, 46.228342 ] }, { "date": "2026-07-24", "close": 48.24, "volume": 603241, "typical_volume": 220020.9, "trend": 45.641422, "fair_value": 39.026267, "relative_strength": 2.048881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.256866, "energy": 53.202249, "activity_lines": [ 48.228747, 47.975054, 47.096998, 46.407712 ] }, { "date": "2026-07-31", "close": 48.23, "volume": 240287, "typical_volume": 226201.85, "trend": 45.834089, "fair_value": 39.121448, "relative_strength": 0.877423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.916705, "energy": 48.315113, "activity_lines": [ 48.220893, 48.08423, 47.304795, 46.574717 ] }, { "date": "2026-08-07", "close": 49.428, "volume": 154601, "typical_volume": 225828.75, "trend": 46.005689, "fair_value": 39.226286, "relative_strength": -0.171315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.321098, "energy": 56.380059, "activity_lines": [ 48.63104, 48.376826, 47.599497, 46.806583 ] } ], "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." } } }