{ "ticker": { "uuid": "919cc614-9f3b-4b9e-9bfb-88a2654ba84f", "symbol": "ZIG", "name": "ETF SERIES SOLUTIONS ACQUIRERS FUND", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 63.87, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 72.153, "architecture_energy": 63.268, "architecture_maturity": 27.337, "architecture_confidence": 69.762, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 22.72, "rotation_up": 68.53, "upward_expansion": 85.79, "deceleration": 45.53, "rotation_down": 16.31, "downward_expansion": 17.12 }, "activity_lines": [ 40.06038, 39.747075, 39.554004, 39.404961 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 40.875, "trend_reference": 39.238173, "distance_from_trend": 0.041715, "trend_direction": "Improving", "fair_value": 35.929195, "distance_from_fair_value": 0.137654, "fair_value_direction": "Improving", "relative_strength": -4.749714, "relative_strength_direction": "Improving", "price_momentum": 0.031783, "excess_performance": -0.093842, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041715, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026359, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.137654, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.021064, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.047497, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016525, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.031783, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.315123, "read": "Demand-led" } ], "volume": { "latest": 4570, "relative_activity": 0.663083, "balance": 1.315123, "dry_up": 0.713793, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.022423, "annualized_volatility": 0.113797, "from_high_reference": 0.0, "from_low_reference": 0.201529 }, "levels": { "trend_reference": 39.238173, "fair_value_reference": 35.929195, "structural_low": 37.5094, "invalidation": "A decisive 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22.362899, "activity_lines": [ 39.352527, 39.322256, 39.257731, 39.136727 ] }, { "date": "2026-07-10", "close": 38.9314, "volume": 4218, "typical_volume": 7405.25, "trend": 38.856367, "fair_value": 35.687737, "relative_strength": -7.648328, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.251046, "energy": 10.955944, "activity_lines": [ 39.203853, 39.258253, 39.234806, 39.144299 ] }, { "date": "2026-07-17", "close": 39.6716, "volume": 3225, "typical_volume": 7403.4, "trend": 38.953255, "fair_value": 35.747861, "relative_strength": -4.275658, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.983787, "energy": 16.805447, "activity_lines": [ 39.311073, 39.339075, 39.287064, 39.196895 ] }, { "date": "2026-07-24", "close": 39.7483, "volume": 6660, "typical_volume": 7489.9, "trend": 39.049223, "fair_value": 35.80481, "relative_strength": -3.357037, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.674904, "energy": 22.008577, "activity_lines": [ 39.46772, 39.423362, 39.346588, 39.248188 ] }, { "date": "2026-07-31", "close": 39.7528, "volume": 5223, "typical_volume": 7409.15, "trend": 39.14859, "fair_value": 35.863468, "relative_strength": -4.235464, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.407723, "energy": 30.068389, "activity_lines": [ 39.579673, 39.484942, 39.40144, 39.29358 ] }, { "date": "2026-08-07", "close": 40.875, "volume": 4570, "typical_volume": 6892.05, "trend": 39.238173, "fair_value": 35.929195, "relative_strength": -4.749714, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.15334, "energy": 63.267649, "activity_lines": [ 40.06038, 39.747075, 39.554004, 39.404961 ] } ], "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." } } }