{ "ticker": { "uuid": "a3199cae-e888-4d81-91a6-29189dabc0e0", "symbol": "LFSC", "name": "F/M EMERALD LIFE SCIENCES INNOVATION 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": 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": 78.857, "architecture_energy": 69.24, "architecture_maturity": 64.724, "architecture_confidence": 88.175, "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": 12.85, "rotation_up": 63.6, "upward_expansion": 85.33, "deceleration": 66.35, "rotation_down": 23.31, "downward_expansion": 12.0 }, "activity_lines": [ 46.098793, 45.351413, 42.780431, 40.892463 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 47.2583, "trend_reference": 38.797823, "distance_from_trend": 0.218066, "trend_direction": "Improving", "fair_value": 30.868802, "distance_from_fair_value": 0.530941, "fair_value_direction": "Improving", "relative_strength": 15.0305, "relative_strength_direction": "Improving", "price_momentum": 0.337341, "excess_performance": 0.149888, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.218066, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.069578, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.530941, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.205557, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.150305, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.132833, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.337341, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.825709, "read": "Demand-led" } ], "volume": { "latest": 18868, "relative_activity": 0.990901, "balance": 1.825709, "dry_up": 1.403716, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.042908, "annualized_volatility": 0.249884, "from_high_reference": -0.008844, "from_low_reference": 0.909426 }, "levels": { "trend_reference": 38.797823, "fair_value_reference": 30.868802, "structural_low": 32.84, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.01219, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.021761, "regime_survival": 1.0, "best_return": 0.217643, "worst_return": -0.012774, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.231968, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.214257, "regime_survival": 1.0, "best_return": 0.231968, "worst_return": 0.231968, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, 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"activity_lines": [ 44.9411, 42.619273, 40.164075, 38.864029 ] }, { "date": "2026-07-17", "close": 45.7, "volume": 42448, "typical_volume": 17687.25, "trend": 37.921617, "fair_value": 30.365443, "relative_strength": 18.289622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.511848, "energy": 89.695258, "activity_lines": [ 45.568927, 43.471189, 40.871614, 39.381636 ] }, { "date": "2026-07-24", "close": 45.1004, "volume": 21844, "typical_volume": 18181.0, "trend": 38.129133, "fair_value": 30.527366, "relative_strength": 17.722207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.283435, "energy": 88.023543, "activity_lines": [ 45.627933, 44.080633, 41.477655, 39.844784 ] }, { "date": "2026-07-31", "close": 45.55, "volume": 23754, "typical_volume": 18549.9, "trend": 38.440133, "fair_value": 30.690655, "relative_strength": 17.361604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.293303, "energy": 71.700227, "activity_lines": [ 45.59796, 44.626549, 42.076125, 40.323549 ] }, { "date": "2026-08-07", "close": 47.2583, "volume": 18868, "typical_volume": 19041.25, "trend": 38.797823, "fair_value": 30.868802, "relative_strength": 15.0305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.85659, "energy": 69.239895, "activity_lines": [ 46.098793, 45.351413, 42.780431, 40.892463 ] } ], "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." } } }