{ "ticker": { "uuid": "97a00326-cf2d-4ece-9a80-6bb00227da9a", "symbol": "XBJA", "name": "Innovator U.S. Equity Accelerated 9 Buffer ETF - January", "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": 56.02, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.597, "architecture_energy": 88.009, "architecture_maturity": 43.376, "architecture_confidence": 81.772, "architecture_tenure": "Established", "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": 6.28, "rotation_up": 66.78, "upward_expansion": 94.98, "deceleration": 43.84, "rotation_down": 25.75, "downward_expansion": 19.32 }, "activity_lines": [ 34.09604, 33.942462, 33.684376, 33.289068 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 34.37, "trend_reference": 32.843147, "distance_from_trend": 0.046489, "trend_direction": "Improving", "fair_value": 29.110034, "distance_from_fair_value": 0.180693, "fair_value_direction": "Improving", "relative_strength": -5.022305, "relative_strength_direction": "Improving", "price_momentum": 0.067232, "excess_performance": -0.058393, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.046489, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020814, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.180693, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.004032, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.050223, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0033, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.067232, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.800308, "read": "Demand-led" } ], "volume": { "latest": 23412, "relative_activity": 0.636277, "balance": 4.800308, "dry_up": 0.325884, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.008133, "annualized_volatility": 0.073109, "from_high_reference": 0.0, "from_low_reference": 0.126147 }, "levels": { "trend_reference": 32.843147, "fair_value_reference": 29.110034, "structural_low": 30.52, 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33.14589, 32.840027 ] }, { "date": "2026-07-10", "close": 33.99, "volume": 29325, "typical_volume": 49227.9, "trend": 32.57477, "fair_value": 28.872265, "relative_strength": -4.350066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.854208, "energy": 86.122043, "activity_lines": [ 33.76896, 33.679571, 33.267649, 32.935869 ] }, { "date": "2026-07-17", "close": 33.8695, "volume": 11189, "typical_volume": 47971.95, "trend": 32.639323, "fair_value": 28.930371, "relative_strength": -3.058878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.685507, "energy": 84.602871, "activity_lines": [ 33.821387, 33.728055, 33.369646, 33.0194 ] }, { "date": "2026-07-24", "close": 33.83, "volume": 4832, "typical_volume": 44751.85, "trend": 32.701653, "fair_value": 28.987903, "relative_strength": -2.489182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.688409, "energy": 83.557346, "activity_lines": [ 33.842013, 33.759729, 33.459808, 33.096218 ] }, { "date": "2026-07-31", "close": 34.0929, "volume": 8531, "typical_volume": 42833.2, "trend": 32.772073, "fair_value": 29.048144, "relative_strength": -2.650628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.721828, "energy": 86.196748, "activity_lines": [ 33.944607, 33.830931, 33.565046, 33.185976 ] }, { "date": "2026-08-07", "close": 34.37, "volume": 23412, "typical_volume": 36795.3, "trend": 32.843147, "fair_value": 29.110034, "relative_strength": -5.022305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.597116, "energy": 88.0086, "activity_lines": [ 34.09604, 33.942462, 33.684376, 33.289068 ] } ], "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." } } }