{ "ticker": { "uuid": "94e4ad80-413f-46c4-ae29-ed0a623f9f71", "symbol": "XTEN", "name": "BONDBLOXX ETF TRUST BLOOMBERG TEN YR TRGT DURTN US TRSY 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 68.071, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -61.362, "architecture_energy": 67.74, "architecture_maturity": 25.474, "architecture_confidence": 81.825, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 14.02, "rotation_up": 9.79, "upward_expansion": 15.26, "deceleration": 37.28, "rotation_down": 72.43, "downward_expansion": 90.93 }, "activity_lines": [ 44.393997, 44.690242, 44.877826, 45.044357 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 44.43, "trend_reference": 45.264167, "distance_from_trend": -0.018429, "trend_direction": "Weakening", "fair_value": 43.51576, "distance_from_fair_value": 0.021009, "fair_value_direction": "Weakening", "relative_strength": -12.710917, "relative_strength_direction": "Weakening", "price_momentum": -0.025799, "excess_performance": -0.151424, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.018429, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.00468, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.021009, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.025091, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.127109, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.021475, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.025799, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.570548, "read": "Demand-led" } ], "volume": { "latest": 627987, "relative_activity": 0.536056, "balance": 1.570548, "dry_up": 0.915245, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.013581, "annualized_volatility": 0.071495, "from_high_reference": -0.050752, "from_low_reference": 0.010907 }, "levels": { "trend_reference": 45.264167, "fair_value_reference": 43.51576, "structural_low": 43.950634, 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1757643, "typical_volume": 1276071.55, "trend": 45.344285, "fair_value": 43.48049, "relative_strength": -9.573492, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.632572, "energy": 58.86395, "activity_lines": [ 44.741152, 44.946149, 45.032594, 45.18092 ] }, { "date": "2026-07-31", "close": 44.100058, "volume": 819636, "typical_volume": 1227062.35, "trend": 45.302491, "fair_value": 43.495728, "relative_strength": -10.652009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.234358, "energy": 71.916692, "activity_lines": [ 44.457348, 44.783012, 44.936507, 45.100647 ] }, { "date": "2026-08-07", "close": 44.43, "volume": 627987, "typical_volume": 1171495.05, "trend": 45.264167, "fair_value": 43.51576, "relative_strength": -12.710917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.362363, "energy": 67.739853, "activity_lines": [ 44.393997, 44.690242, 44.877826, 45.044357 ] } ], "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." } } }