{ "ticker": { "uuid": "957aba1e-ed09-433f-bb71-1e4b0c5fc4f1", "symbol": "TRFM", "name": "ETF SERIES SOLUTIONS AAM TRANSFORMERS 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": 49.633, "architecture_energy": 25.402, "architecture_maturity": 67.422, "architecture_confidence": 89.575, "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": 32.23, "rotation_up": 32.62, "upward_expansion": 60.37, "deceleration": 85.39, "rotation_down": 27.9, "downward_expansion": 19.37 }, "activity_lines": [ 58.99288, 59.463116, 58.722025, 56.655466 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 61.1832, "trend_reference": 54.131287, "distance_from_trend": 0.130274, "trend_direction": "Improving", "fair_value": 40.097887, "distance_from_fair_value": 0.525846, "fair_value_direction": "Weakening", "relative_strength": 6.449521, "relative_strength_direction": "Weakening", "price_momentum": 0.25193, "excess_performance": 0.126305, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.130274, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.076947, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.525846, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.00498, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.064495, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.022585, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.25193, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.985755, "read": "Supply-led" } ], "volume": { "latest": 122309, "relative_activity": 0.812856, "balance": 0.985755, "dry_up": 1.242976, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.057313, "annualized_volatility": 0.238668, "from_high_reference": -0.051423, "from_low_reference": 0.418029 }, "levels": { "trend_reference": 54.131287, "fair_value_reference": 40.097887, "structural_low": 44.18, "invalidation": "A 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"regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.81787, "energy": 40.621096, "activity_lines": [ 59.979053, 59.991033, 57.836773, 55.648985 ] }, { "date": "2026-07-24", "close": 57.01, "volume": 346983, "typical_volume": 145488.75, "trend": 53.451953, "fair_value": 39.699321, "relative_strength": 4.25014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.091781, "energy": 29.560067, "activity_lines": [ 58.803193, 59.515465, 58.022042, 55.896959 ] }, { "date": "2026-07-31", "close": 57.7868, "volume": 120463, "typical_volume": 148121.05, "trend": 53.76118, "fair_value": 39.88458, "relative_strength": 4.328181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.608376, "energy": 21.78517, "activity_lines": [ 58.250933, 59.174407, 58.235626, 56.176626 ] }, { "date": "2026-08-07", "close": 61.1832, "volume": 122309, "typical_volume": 150468.15, "trend": 54.131287, "fair_value": 40.097887, "relative_strength": 6.449521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.63291, "energy": 25.402029, "activity_lines": [ 58.99288, 59.463116, 58.722025, 56.655466 ] } ], "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." } } }