{ "ticker": { "uuid": "98bb4f6b-0f78-4a26-981f-ca691efbed4d", "symbol": "URNJ", "name": "Sprott Junior Uranium Miners ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.746, "architecture_energy": 48.072, "architecture_maturity": 27.98, "architecture_confidence": 92.385, "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": 11.54, "rotation_up": 20.77, "upward_expansion": 6.74, "deceleration": 48.94, "rotation_down": 59.55, "downward_expansion": 82.41 }, "activity_lines": [ 22.75, 23.139455, 24.968238, 26.43429 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 24.31, "trend_reference": 28.512167, "distance_from_trend": -0.147382, "trend_direction": "Weakening", "fair_value": 22.249433, "distance_from_fair_value": 0.092612, "fair_value_direction": "Weakening", "relative_strength": -21.878321, "relative_strength_direction": "Weakening", "price_momentum": -0.228744, "excess_performance": -0.416197, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.147382, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.019852, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.092612, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.339495, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.218783, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.222381, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.228744, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.814782, "read": "Supply-led" } ], "volume": { "latest": 1395567, "relative_activity": 0.981903, "balance": 0.814782, "dry_up": 0.821837, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.123362, "annualized_volatility": 0.519273, "from_high_reference": -0.404313, "from_low_reference": 0.337103 }, "levels": { "trend_reference": 28.512167, "fair_value_reference": 22.249433, "structural_low": 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"trend": 29.1695, "fair_value": 22.051668, "relative_strength": -23.808903, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.802034, "energy": 58.463795, "activity_lines": [ 24.1, 24.960364, 26.882143, 28.129 ] }, { "date": "2026-07-17", "close": 21.5, "volume": 1390652, "typical_volume": 1644466.1, "trend": 29.029167, "fair_value": 22.097371, "relative_strength": -28.466057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.367798, "energy": 73.766729, "activity_lines": [ 23.148667, 24.145636, 26.241905, 27.634194 ] }, { "date": "2026-07-24", "close": 22.06, "volume": 1087705, "typical_volume": 1577825.45, "trend": 28.901833, "fair_value": 22.148275, "relative_strength": -25.219968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.098861, "energy": 69.289658, "activity_lines": [ 22.588, 23.599273, 25.718429, 27.18457 ] }, { "date": "2026-07-31", "close": 21.64, "volume": 798340, "typical_volume": 1501182.7, "trend": 28.6775, "fair_value": 22.193264, "relative_strength": -26.967866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.313045, "energy": 65.437994, "activity_lines": [ 22.168667, 23.078727, 25.195524, 26.716065 ] }, { "date": "2026-08-07", "close": 24.31, "volume": 1395567, "typical_volume": 1421287.45, "trend": 28.512167, "fair_value": 22.249433, "relative_strength": -21.878321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.746064, "energy": 48.072364, "activity_lines": [ 22.75, 23.139455, 24.968238, 26.43429 ] } ], "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." } } }