{ "ticker": { "uuid": "8f8979d8-227d-4091-98d1-e77ead5aeac7", "symbol": "NANC", "name": "UNUSUAL WHALES SUBVERSIVE DEMOCRATIC TRADING ETF", "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": 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": 81.444, "architecture_energy": 54.382, "architecture_maturity": 59.581, "architecture_confidence": 73.773, "architecture_tenure": "Developing", "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": 20.89, "rotation_up": 53.79, "upward_expansion": 81.15, "deceleration": 66.79, "rotation_down": 26.7, "downward_expansion": 7.82 }, "activity_lines": [ 50.439453, 50.136436, 49.396077, 48.237795 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 52.1599, "trend_reference": 47.0076, "distance_from_trend": 0.109606, "trend_direction": "Improving", "fair_value": 38.747625, "distance_from_fair_value": 0.346144, "fair_value_direction": "Improving", "relative_strength": 0.920318, "relative_strength_direction": "Improving", "price_momentum": 0.155514, "excess_performance": 0.029889, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.109606, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031118, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.346144, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.038361, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.009203, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.032667, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.155514, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.201354, "read": "Demand-led" } ], "volume": { "latest": 84491, "relative_activity": 0.852018, "balance": 2.201354, "dry_up": 0.824403, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.029448, "annualized_volatility": 0.160691, "from_high_reference": -0.004012, "from_low_reference": 0.278893 }, "levels": { "trend_reference": 47.0076, "fair_value_reference": 38.747625, "structural_low": 40.7852, 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"upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.829882, "energy": 57.393479, "activity_lines": [ 49.966613, 49.733678, 48.555804, 47.53944 ] }, { "date": "2026-07-24", "close": 48.96, "volume": 83505, "typical_volume": 102664.15, "trend": 46.68202, "fair_value": 38.448697, "relative_strength": -0.907252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.030461, "energy": 47.061817, "activity_lines": [ 49.63846, 49.63424, 48.734136, 47.692235 ] }, { "date": "2026-07-31", "close": 49.8, "volume": 84752, "typical_volume": 100838.35, "trend": 46.821687, "fair_value": 38.589732, "relative_strength": -0.274324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.845544, "energy": 39.510065, "activity_lines": [ 49.65564, 49.678802, 48.96804, 47.893395 ] }, { "date": "2026-08-07", "close": 52.1599, "volume": 84491, "typical_volume": 99165.75, "trend": 47.0076, "fair_value": 38.747625, "relative_strength": 0.920318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.443974, "energy": 54.381835, "activity_lines": [ 50.439453, 50.136436, 49.396077, 48.237795 ] } ], "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." } } }