{ "ticker": { "uuid": "90a77edf-6e68-4eb4-bbeb-2226fb396c1c", "symbol": "RSPM", "name": "INVESCO EXCHANGE TRADED FD TR S&P 500 EQL WGT MATLS 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": 84.298, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 62.383, "architecture_energy": 37.171, "architecture_maturity": 27.581, "architecture_confidence": 78.654, "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": 33.75, "rotation_up": 51.95, "upward_expansion": 75.64, "deceleration": 55.36, "rotation_down": 21.71, "downward_expansion": 9.31 }, "activity_lines": [ 39.48784, 39.294685, 39.124069, 39.010407 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 40.58, "trend_reference": 38.841242, "distance_from_trend": 0.044766, "trend_direction": "Improving", "fair_value": 33.773221, "distance_from_fair_value": 0.201544, "fair_value_direction": "Improving", "relative_strength": -0.412977, "relative_strength_direction": "Weakening", "price_momentum": 0.031244, "excess_performance": -0.094381, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.044766, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.051596, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.201544, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.011185, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.00413, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.013729, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.031244, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.275685, "read": "Demand-led" } ], "volume": { "latest": 119162, "relative_activity": 1.082768, "balance": 1.275685, "dry_up": 1.701994, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.03352, "annualized_volatility": 0.181044, "from_high_reference": -0.01855, "from_low_reference": 0.318813 }, "levels": { "trend_reference": 38.841242, "fair_value_reference": 33.773221, "structural_low": 35.916589, "invalidation": "A 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26.434156, "energy": 10.726034, "activity_lines": [ 38.864679, 38.914746, 38.883073, 38.805436 ] }, { "date": "2026-07-24", "close": 39.3, "volume": 128592, "typical_volume": 104017.05, "trend": 38.554286, "fair_value": 33.665396, "relative_strength": 1.040137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.841425, "energy": 14.503237, "activity_lines": [ 38.967013, 39.004785, 38.939431, 38.863835 ] }, { "date": "2026-07-31", "close": 38.945, "volume": 278582, "typical_volume": 109039.75, "trend": 38.698849, "fair_value": 33.712065, "relative_strength": -0.994322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.552751, "energy": 11.888603, "activity_lines": [ 38.94476, 39.008734, 38.956374, 38.889042 ] }, { "date": "2026-08-07", "close": 40.58, "volume": 119162, "typical_volume": 110053.15, "trend": 38.841242, "fair_value": 33.773221, "relative_strength": -0.412977, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.382663, "energy": 37.17064, "activity_lines": [ 39.48784, 39.294685, 39.124069, 39.010407 ] } ], "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." } } }