{ "ticker": { "uuid": "9908eb6b-518d-4370-8db1-bf6d503f1fe7", "symbol": "IYK", "name": "ISHARES TRUST ISHARES US CONSUMER STAPLES 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 74.927, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 56.863, "architecture_energy": 37.459, "architecture_maturity": 21.739, "architecture_confidence": 78.193, "architecture_tenure": "Developing", "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": 15.93, "rotation_up": 57.51, "upward_expansion": 79.6, "deceleration": 56.97, "rotation_down": 18.27, "downward_expansion": 3.93 }, "activity_lines": [ 74.526, 74.193718, 73.142304, 72.66802 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 74.45, "trend_reference": 72.227386, "distance_from_trend": 0.030772, "trend_direction": "Improving", "fair_value": 65.925862, "distance_from_fair_value": 0.129299, "fair_value_direction": "Improving", "relative_strength": -5.306501, "relative_strength_direction": "Improving", "price_momentum": 0.001637, "excess_performance": -0.123988, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.030772, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03416, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.129299, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037637, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.053065, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032859, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.001637, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.327435, "read": "Demand-led" } ], "volume": { "latest": 1783870, "relative_activity": 1.103942, "balance": 2.327435, "dry_up": 0.708554, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.034602, "annualized_volatility": 0.146328, "from_high_reference": -0.049534, "from_low_reference": 0.153549 }, "levels": { "trend_reference": 72.227386, "fair_value_reference": 65.925862, "structural_low": 68.4397, 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.170059, "energy": 54.112219, "activity_lines": [ 73.711071, 72.985306, 72.062855, 71.877861 ] }, { "date": "2026-07-17", "close": 74.78, "volume": 929793, "typical_volume": 1853472.75, "trend": 71.411299, "fair_value": 65.693848, "relative_strength": -1.573831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.372769, "energy": 61.963813, "activity_lines": [ 74.153333, 73.406071, 72.349843, 72.113301 ] }, { "date": "2026-07-24", "close": 74.475, "volume": 764444, "typical_volume": 1704398.65, "trend": 71.672856, "fair_value": 65.76643, "relative_strength": -1.257014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.620936, "energy": 57.086544, "activity_lines": [ 74.406, 73.70112, 72.617604, 72.310959 ] }, { "date": "2026-07-31", "close": 74.72, "volume": 1101729, "typical_volume": 1651098.9, "trend": 71.962704, "fair_value": 65.847445, "relative_strength": -1.845581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.030567, "energy": 40.773498, "activity_lines": [ 74.546667, 73.992448, 72.899234, 72.507549 ] }, { "date": "2026-08-07", "close": 74.45, "volume": 1783870, "typical_volume": 1615908.55, "trend": 72.227386, "fair_value": 65.925862, "relative_strength": -5.306501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.862984, "energy": 37.458664, "activity_lines": [ 74.526, 74.193718, 73.142304, 72.66802 ] } ], "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." } } }