{ "ticker": { "uuid": "8e728c26-fe00-492b-ac23-46ff8529437d", "symbol": "RSPT", "name": "INVESCO EXCHANGE TRADED FD TR S&P 500 EQL WGT TECHNOLOGY 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": 59.317, "architecture_energy": 35.649, "architecture_maturity": 70.511, "architecture_confidence": 92.61, "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": 26.51, "rotation_up": 36.97, "upward_expansion": 59.27, "deceleration": 88.09, "rotation_down": 27.03, "downward_expansion": 20.61 }, "activity_lines": [ 61.639333, 61.64905, 60.522035, 57.681893 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 64.65, "trend_reference": 54.081238, "distance_from_trend": 0.195424, "trend_direction": "Improving", "fair_value": 39.907679, "distance_from_fair_value": 0.619989, "fair_value_direction": "Improving", "relative_strength": 15.937405, "relative_strength_direction": "Weakening", "price_momentum": 0.382878, "excess_performance": 0.257253, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.195424, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.112004, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.619989, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.055748, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.159374, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.004455, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.382878, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.008049, "read": "Demand-led" } ], "volume": { "latest": 3096851, "relative_activity": 1.028723, "balance": 1.008049, "dry_up": 1.169195, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.059686, "annualized_volatility": 0.248861, "from_high_reference": -0.041442, "from_low_reference": 0.606433 }, "levels": { "trend_reference": 54.081238, "fair_value_reference": 39.907679, "structural_low": 43.2, "invalidation": "A 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"fair_value": 39.091861, "relative_strength": 17.281872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.495924, "energy": 55.911934, "activity_lines": [ 62.368875, 62.198313, 58.564566, 55.577389 ] }, { "date": "2026-07-17", "close": 59.43, "volume": 5030408, "typical_volume": 2803397.5, "trend": 52.576967, "fair_value": 39.283619, "relative_strength": 12.310699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.971564, "energy": 40.054294, "activity_lines": [ 61.33783, 61.811879, 59.002869, 56.048226 ] }, { "date": "2026-07-24", "close": 59.33, "volume": 3059284, "typical_volume": 2875769.1, "trend": 53.005614, "fair_value": 39.473406, "relative_strength": 12.3506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.05699, "energy": 31.819252, "activity_lines": [ 60.492, 61.383286, 59.373124, 56.483905 ] }, { "date": "2026-07-31", "close": 60.42, "volume": 2892365, "typical_volume": 2973079.35, "trend": 53.495574, "fair_value": 39.675877, "relative_strength": 12.725115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.448983, "energy": 27.149112, "activity_lines": [ 60.313333, 61.127264, 59.781386, 56.962253 ] }, { "date": "2026-08-07", "close": 64.65, "volume": 3096851, "typical_volume": 3010384.2, "trend": 54.081238, "fair_value": 39.907679, "relative_strength": 15.937405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.317038, "energy": 35.648838, "activity_lines": [ 61.639333, 61.64905, 60.522035, 57.681893 ] } ], "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." } } }