{
  "ticker": {
    "uuid": "91236692-3aa3-4f4a-b895-c5ff12347ffb",
    "symbol": "CCSO",
    "name": "CARBON COLLECTIVE CLIMATE SOLUTIONS U.S. EQUITY ETF",
    "exchange": "NASDAQ",
    "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": "QQQ",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 79.337,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -14.731,
    "architecture_energy": 32.535,
    "architecture_maturity": 5.252,
    "architecture_confidence": 52.508,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 39.49,
        "rotation_up": 19.5,
        "upward_expansion": 23.14,
        "deceleration": 49.99,
        "rotation_down": 58.68,
        "downward_expansion": 50.48
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      "activity_lines": [
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        27.465061,
        27.35223
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      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
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    "latest_close": 27.6149,
    "trend_reference": 27.189447,
    "distance_from_trend": 0.015648,
    "trend_direction": "Improving",
    "fair_value": 21.716837,
    "distance_from_fair_value": 0.271589,
    "fair_value_direction": "Weakening",
    "relative_strength": -7.420346,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.01048,
    "excess_performance": -0.176974,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.015648,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.030909,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.271589,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.09102,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.074203,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.033622,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.01048,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.355611,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 15054,
      "relative_activity": 0.801399,
      "balance": 0.355611,
      "dry_up": 0.697045,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.044151,
      "annualized_volatility": 0.174706,
      "from_high_reference": -0.109197,
      "from_low_reference": 0.1936
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    "levels": {
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      "fair_value_reference": 21.716837,
      "structural_low": 24.6809,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.048818,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.002462,
        "regime_survival": 0.0,
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        "worst_return": -0.048818,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.123345,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
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        "regime_survival": 0.0,
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        "worst_return": 0.123345,
        "sufficient": false
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      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.22814,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
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        "regime_survival": 0.0,
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        "worst_return": 0.22814,
        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "upward_expansion",
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        "color": "green",
        "start": "2024-07-26",
        "end": "2024-08-02",
        "tenure": "New",
        "return": -0.053498,
        "active": false
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        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": 0.139554,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-12-27",
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        "return": 0.01014,
        "active": false
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.070134,
        "active": false
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      {
        "regime": "rotation_down",
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        "color": "orange",
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        "end": "2025-03-28",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-05-16",
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        "active": false
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        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2025-06-27",
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        "active": false
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
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        "regime": "deceleration",
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        "regime": "upward_expansion",
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        "active": false
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        "regime": "deceleration",
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        "active": true
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        "close": 28.1724,
        "volume": 14353,
        "typical_volume": 24582.6,
        "trend": 26.611782,
        "fair_value": 21.338718,
        "relative_strength": -6.478509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.079423,
        "energy": 33.611513,
        "activity_lines": [
          28.379353,
          28.370653,
          27.69401,
          27.280404
        ]
      },
      {
        "date": "2026-06-19",
        "close": 28.2604,
        "volume": 10792,
        "typical_volume": 22041.35,
        "trend": 26.767907,
        "fair_value": 21.40185,
        "relative_strength": -8.504393,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.169154,
        "energy": 27.353773,
        "activity_lines": [
          28.334267,
          28.377135,
          27.784598,
          27.386766
        ]
      },
      {
        "date": "2026-06-26",
        "close": 27.5576,
        "volume": 22729,
        "typical_volume": 22060.9,
        "trend": 26.856169,
        "fair_value": 21.454076,
        "relative_strength": -6.490464,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.655741,
        "energy": 17.384134,
        "activity_lines": [
          28.055073,
          28.235278,
          27.799154,
          27.437714
        ]
      },
      {
        "date": "2026-07-03",
        "close": 27.121,
        "volume": 16707,
        "typical_volume": 21839.65,
        "trend": 26.926465,
        "fair_value": 21.503677,
        "relative_strength": -8.624496,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.543797,
        "energy": 14.986503,
        "activity_lines": [
          27.67438,
          28.01472,
          27.771038,
          27.4548
        ]
      },
      {
        "date": "2026-07-10",
        "close": 27.0131,
        "volume": 20362,
        "typical_volume": 21751.2,
        "trend": 26.998757,
        "fair_value": 21.548261,
        "relative_strength": -10.430648,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.401802,
        "energy": 14.647949,
        "activity_lines": [
          27.394367,
          27.796282,
          27.733904,
          27.46039
        ]
      },
      {
        "date": "2026-07-17",
        "close": 26.5981,
        "volume": 11414,
        "typical_volume": 21190.5,
        "trend": 27.055698,
        "fair_value": 21.589984,
        "relative_strength": -7.782067,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.428881,
        "energy": 22.229932,
        "activity_lines": [
          27.0521,
          27.531324,
          27.659859,
          27.434541
        ]
      },
      {
        "date": "2026-07-24",
        "close": 26.2542,
        "volume": 12750,
        "typical_volume": 19712.85,
        "trend": 27.092497,
        "fair_value": 21.625793,
        "relative_strength": -7.276052,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -26.343828,
        "energy": 33.115443,
        "activity_lines": [
          26.700153,
          27.24066,
          27.557163,
          27.382831
        ]
      },
      {
        "date": "2026-07-31",
        "close": 26.1247,
        "volume": 13157,
        "typical_volume": 18674.45,
        "trend": 27.121427,
        "fair_value": 21.664546,
        "relative_strength": -8.068986,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.866108,
        "energy": 49.560173,
        "activity_lines": [
          26.438787,
          26.962971,
          27.441134,
          27.320393
        ]
      },
      {
        "date": "2026-08-07",
        "close": 27.6149,
        "volume": 15054,
        "typical_volume": 18784.65,
        "trend": 27.189447,
        "fair_value": 21.716837,
        "relative_strength": -7.420346,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.731158,
        "energy": 32.534748,
        "activity_lines": [
          26.76968,
          26.994289,
          27.465061,
          27.35223
        ]
      }
    ],
    "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."
    }
  }
}