{ "ticker": { "uuid": "91c375b1-1bb6-426e-92b6-d9b902c2775a", "symbol": "IMAY", "name": "INNOVATOR INTERNATIONAL DEVELOPED POWER BUFFER ETF MAY", "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": 51.898, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.051, "architecture_energy": 67.209, "architecture_maturity": 35.988, "architecture_confidence": 65.15, "architecture_tenure": "Established", "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": 11.33, "rotation_up": 69.51, "upward_expansion": 86.76, "deceleration": 50.63, "rotation_down": 18.84, "downward_expansion": 11.09 }, "activity_lines": [ 32.121827, 31.941835, 31.696336, 31.391326 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 32.584, "trend_reference": 31.036667, "distance_from_trend": 0.049855, "trend_direction": "Improving", "fair_value": 28.031004, "distance_from_fair_value": 0.162427, "fair_value_direction": "Improving", "relative_strength": -4.058207, "relative_strength_direction": "Improving", "price_momentum": 0.066115, "excess_performance": -0.05951, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049855, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024803, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.162427, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019182, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.040582, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.005114, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.066115, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.390692, "read": "Supply-led" } ], "volume": { "latest": 27669, "relative_activity": 0.203086, "balance": 0.390692, "dry_up": 0.272413, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.013596, "annualized_volatility": 0.078087, "from_high_reference": -0.000797, "from_low_reference": 0.147728 }, "levels": { "trend_reference": 31.036667, "fair_value_reference": 28.031004, "structural_low": 29.4, 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{ "date": "2026-08-07", "close": 32.584, "volume": 27669, "typical_volume": 136242.55, "trend": 31.036667, "fair_value": 28.031004, "relative_strength": -4.058207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.050995, "energy": 67.208943, "activity_lines": [ 32.121827, 31.941835, 31.696336, 31.391326 ] } ], "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." } } }