{ "ticker": { "uuid": "93c6027a-3cce-419e-b1c1-6e9d865eac67", "symbol": "VXF", "name": "VANGUARD INDEX FUNDS VANGUARD EXTENDED MARKET 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": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 73.205, "architecture_energy": 46.22, "architecture_maturity": 45.69, "architecture_confidence": 56.997, "architecture_tenure": "New", "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": 28.88, "rotation_up": 42.22, "upward_expansion": 70.84, "deceleration": 73.33, "rotation_down": 28.25, "downward_expansion": 11.18 }, "activity_lines": [ 240.492, 240.275141, 236.32563, 230.856449 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 247.31, "trend_reference": 224.889882, "distance_from_trend": 0.099694, "trend_direction": "Improving", "fair_value": 185.941796, "distance_from_fair_value": 0.33004, "fair_value_direction": "Improving", "relative_strength": 1.382027, "relative_strength_direction": "Improving", "price_momentum": 0.138261, "excess_performance": 0.012636, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099694, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046245, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.33004, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044138, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01382, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.023656, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.138261, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.001647, "read": "Demand-led" } ], "volume": { "latest": 2916423, "relative_activity": 1.376358, "balance": 2.001647, "dry_up": 0.894093, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.031826, "annualized_volatility": 0.1547, "from_high_reference": -0.001454, "from_low_reference": 0.274725 }, "levels": { "trend_reference": 224.889882, "fair_value_reference": 185.941796, "structural_low": 198.06, "invalidation": "A 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221.406582, "fair_value": 183.612881, "relative_strength": 1.515531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.322827, "energy": 71.73473, "activity_lines": [ 241.611384, 238.475885, 231.294163, 226.527942 ] }, { "date": "2026-07-17", "close": 238.18, "volume": 1635274, "typical_volume": 2210549.85, "trend": 222.293291, "fair_value": 184.18028, "relative_strength": 1.693935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.839699, "energy": 56.829626, "activity_lines": [ 240.687435, 238.957564, 232.615527, 227.610098 ] }, { "date": "2026-07-24", "close": 236.13, "volume": 1448912, "typical_volume": 2173894.35, "trend": 223.074139, "fair_value": 184.727104, "relative_strength": 1.38697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.844343, "energy": 46.70126, "activity_lines": [ 239.058667, 238.899032, 233.634772, 228.502789 ] }, { "date": "2026-07-31", "close": 236.16, "volume": 1577521, "typical_volume": 2121475.35, "trend": 223.914136, "fair_value": 185.290164, "relative_strength": 0.27563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.444248, "energy": 34.145933, "activity_lines": [ 237.732, 238.626856, 234.525197, 229.347038 ] }, { "date": "2026-08-07", "close": 247.31, "volume": 2916423, "typical_volume": 2118942.35, "trend": 224.889882, "fair_value": 185.941796, "relative_strength": 1.382027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.205116, "energy": 46.219889, "activity_lines": [ 240.492, 240.275141, 236.32563, 230.856449 ] } ], "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." } } }