{ "ticker": { "uuid": "9808d67b-dfcc-45c9-89f8-e97bc32d3d45", "symbol": "LAPR", "name": "Innovator Premium Income 15 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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 73.949, "architecture_energy": 51.316, "architecture_maturity": 9.804, "architecture_confidence": 76.532, "architecture_tenure": "New", "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": 27.19, "rotation_up": 60.27, "upward_expansion": 82.2, "deceleration": 54.13, "rotation_down": 22.45, "downward_expansion": 6.53 }, "activity_lines": [ 25.231535, 25.199494, 25.166831, 25.08396 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 25.305, "trend_reference": 24.955776, "distance_from_trend": 0.013994, "trend_direction": "Improving", "fair_value": 23.725171, "distance_from_fair_value": 0.066589, "fair_value_direction": "Improving", "relative_strength": -8.700602, "relative_strength_direction": "Weakening", "price_momentum": 0.027535, "excess_performance": -0.09809, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.013994, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.009888, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.066589, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.001588, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.087006, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.001942, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.027535, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 12.799602, "read": "Demand-led" } ], "volume": { "latest": 12038, "relative_activity": 0.603407, "balance": 12.799602, "dry_up": 0.38223, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.00487, "annualized_volatility": 0.016581, "from_high_reference": -0.001759, "from_low_reference": 0.053582 }, "levels": { "trend_reference": 24.955776, "fair_value_reference": 23.725171, "structural_low": 24.582985, 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13369, "typical_volume": 18596.6, "trend": 24.841691, "fair_value": 23.662249, "relative_strength": -7.037483, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.273522, "energy": 37.85423, "activity_lines": [ 25.149714, 25.153504, 25.08121, 24.979598 ] }, { "date": "2026-07-10", "close": 25.179082, "volume": 22771, "typical_volume": 19665.9, "trend": 24.864922, "fair_value": 23.674995, "relative_strength": -7.899894, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.125188, "energy": 37.915314, "activity_lines": [ 25.157066, 25.160765, 25.100222, 25.001365 ] }, { "date": "2026-07-17", "close": 25.164166, "volume": 9130, "typical_volume": 19666.5, "trend": 24.886685, "fair_value": 23.687405, "relative_strength": -6.277957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.847627, "energy": 34.34284, "activity_lines": [ 25.157777, 25.162784, 25.1153, 25.020671 ] }, { "date": "2026-07-24", "close": 25.169138, "volume": 2697, "typical_volume": 19651.5, "trend": 24.908451, "fair_value": 23.699651, "relative_strength": -5.506729, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.639425, "energy": 35.484375, "activity_lines": [ 25.161792, 25.164258, 25.128535, 25.038894 ] }, { "date": "2026-07-31", "close": 25.2333, "volume": 6637, "typical_volume": 19953.05, "trend": 24.931325, "fair_value": 23.712222, "relative_strength": -6.034162, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.94329, "energy": 45.017503, "activity_lines": [ 25.189199, 25.176037, 25.145533, 25.059852 ] }, { "date": "2026-08-07", "close": 25.305, "volume": 12038, "typical_volume": 19950.05, "trend": 24.955776, "fair_value": 23.725171, "relative_strength": -8.700602, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.948553, "energy": 51.315583, "activity_lines": [ 25.231535, 25.199494, 25.166831, 25.08396 ] } ], "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." } } }