{ "ticker": { "uuid": "94c3c0eb-5001-49b9-a015-462d7f6bb90e", "symbol": "DAPR", "name": "FT VEST U.S. EQUITY DEEP BUFFER ETF - APRIL", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 70.907, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.917, "architecture_energy": 61.777, "architecture_maturity": 100.0, "architecture_confidence": 62.788, "architecture_tenure": "Extended", "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": 16.31, "rotation_up": 68.13, "upward_expansion": 84.62, "deceleration": 53.01, "rotation_down": 19.18, "downward_expansion": 8.96 }, "activity_lines": [ 41.1662, 41.011151, 40.810815, 40.557422 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 41.566, "trend_reference": 40.22493, "distance_from_trend": 0.033339, "trend_direction": "Improving", "fair_value": 36.475162, "distance_from_fair_value": 0.13957, "fair_value_direction": "Improving", "relative_strength": -6.531436, "relative_strength_direction": "Improving", "price_momentum": 0.051239, "excess_performance": -0.074386, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.033339, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015116, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.13957, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.000659, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.065314, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0058, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.051239, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.547193, "read": "Supply-led" } ], "volume": { "latest": 51892, "relative_activity": 0.305417, "balance": 0.547193, "dry_up": 0.235609, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.009487, "annualized_volatility": 0.034585, "from_high_reference": -0.001535, "from_low_reference": 0.090828 }, "levels": { "trend_reference": 40.22493, "fair_value_reference": 36.475162, "structural_low": 39.5, "invalidation": "A 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"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." } } }