{ "ticker": { "uuid": "922349ef-c4d0-4023-baf7-b78643520d24", "symbol": "ICOW", "name": "PACER DEVELOPED MARKETS INTERNATIONAL CASH COWS 100 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 70.541, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 57.723, "architecture_energy": 35.395, "architecture_maturity": 24.466, "architecture_confidence": 51.467, "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": 39.99, "rotation_up": 59.64, "upward_expansion": 64.97, "deceleration": 64.53, "rotation_down": 11.29, "downward_expansion": 10.64 }, "activity_lines": [ 43.749333, 43.217455, 43.443643, 43.281634 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 45.18, "trend_reference": 42.904427, "distance_from_trend": 0.053038, "trend_direction": "Improving", "fair_value": 33.067754, "distance_from_fair_value": 0.366286, "fair_value_direction": "Weakening", "relative_strength": -0.001935, "relative_strength_direction": "Weakening", "price_momentum": 0.075225, "excess_performance": -0.0504, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.053038, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040093, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.366286, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.051243, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -1.9e-05, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.060776, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.075225, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.527051, "read": "Demand-led" } ], "volume": { "latest": 728665, "relative_activity": 0.753005, "balance": 1.527051, "dry_up": 0.98975, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.027848, "annualized_volatility": 0.155835, "from_high_reference": -0.00567, "from_low_reference": 0.325556 }, "levels": { "trend_reference": 42.904427, "fair_value_reference": 33.067754, "structural_low": 40.774554, "invalidation": "A 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"upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-07-26", "tenure": "Established", "return": 0.014084, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-10-04", "tenure": "Developing", "return": 0.061135, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": -0.02482, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": -0.017156, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-02-14", "tenure": "Established", "return": 0.04544, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-21", "tenure": 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"typical_volume": 1022650.4, "trend": 42.268269, "fair_value": 32.666428, "relative_strength": -3.275669, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.032319, "energy": 23.120707, "activity_lines": [ 42.379333, 43.036088, 43.294413, 43.010695 ] }, { "date": "2026-07-17", "close": 42.71, "volume": 814324, "typical_volume": 1014392.55, "trend": 42.415896, "fair_value": 32.761498, "relative_strength": -1.268524, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.041066, "energy": 27.40317, "activity_lines": [ 42.41, 42.879065, 43.251544, 43.039194 ] }, { "date": "2026-07-24", "close": 42.56, "volume": 1329864, "typical_volume": 994642.9, "trend": 42.552311, "fair_value": 32.85324, "relative_strength": -1.142228, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.509439, "energy": 24.474879, "activity_lines": [ 42.47, 42.734961, 43.202783, 43.048491 ] }, { "date": "2026-07-31", "close": 43.7, "volume": 958174, "typical_volume": 979272.1, "trend": 42.713967, "fair_value": 32.955926, "relative_strength": 0.254699, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.768205, "energy": 13.543238, "activity_lines": [ 42.93, 42.833278, 43.258258, 43.122535 ] }, { "date": "2026-08-07", "close": 45.18, "volume": 728665, "typical_volume": 967675.75, "trend": 42.904427, "fair_value": 33.067754, "relative_strength": -0.001935, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.723027, "energy": 35.395021, "activity_lines": [ 43.749333, 43.217455, 43.443643, 43.281634 ] } ], "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." } } }