{ "ticker": { "uuid": "98cdc9a1-bd1e-4e2c-842c-fff43cd674d5", "symbol": "BEDZ", "name": "ADVISORSHARES TRUST HOTEL 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 64.057, "architecture_energy": 54.013, "architecture_maturity": 65.315, "architecture_confidence": 71.559, "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": 13.59, "rotation_up": 51.58, "upward_expansion": 82.62, "deceleration": 67.64, "rotation_down": 27.36, "downward_expansion": 9.29 }, "activity_lines": [ 37.02132, 36.962471, 36.059999, 35.154319 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 37.1057, "trend_reference": 34.180653, "distance_from_trend": 0.085576, "trend_direction": "Improving", "fair_value": 30.118395, "distance_from_fair_value": 0.231995, "fair_value_direction": "Improving", "relative_strength": -1.490759, "relative_strength_direction": "Improving", "price_momentum": 0.106424, "excess_performance": -0.019201, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085576, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041526, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.231995, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.063134, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.014908, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.047389, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.106424, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.041929, "read": "Demand-led" } ], "volume": { "latest": 9464, "relative_activity": 1.324906, "balance": 2.041929, "dry_up": 1.038232, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.029558, "annualized_volatility": 0.174738, "from_high_reference": -0.031436, "from_low_reference": 0.2253 }, "levels": { "trend_reference": 34.180653, "fair_value_reference": 30.118395, "structural_low": 30.4529, 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"Established expansion", "gate": "up", "direction": 65.870939, "energy": 82.661855, "activity_lines": [ 36.84868, 36.281865, 35.024146, 34.354211 ] }, { "date": "2026-07-17", "close": 36.8692, "volume": 2403, "typical_volume": 6562.2, "trend": 33.879307, "fair_value": 29.890745, "relative_strength": 1.598383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.028198, "energy": 64.063437, "activity_lines": [ 36.82754, 36.510578, 35.29831, 34.553304 ] }, { "date": "2026-07-24", "close": 36.8339, "volume": 15010, "typical_volume": 6891.25, "trend": 33.976427, "fair_value": 29.960778, "relative_strength": 2.208379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.068194, "energy": 56.662501, "activity_lines": [ 36.775787, 36.681816, 35.55194, 34.743923 ] }, { "date": "2026-07-31", "close": 37.33, "volume": 2788, "typical_volume": 6804.25, "trend": 34.09813, "fair_value": 30.041685, "relative_strength": 2.505634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.588383, "energy": 55.505895, "activity_lines": [ 36.921107, 36.875171, 35.831372, 34.960282 ] }, { "date": "2026-08-07", "close": 37.1057, "volume": 9464, "typical_volume": 7143.15, "trend": 34.180653, "fair_value": 30.118395, "relative_strength": -1.490759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.057029, "energy": 54.013278, "activity_lines": [ 37.02132, 36.962471, 36.059999, 35.154319 ] } ], "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." } } }