{ "ticker": { "uuid": "a4cf7747-568f-4d58-8ce1-4f406cbe8a06", "symbol": "PATN", "name": "PACER NASDAQ INTERNATIONAL PATENT LEADERS 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 33.702, "architecture_energy": 21.964, "architecture_maturity": 67.756, "architecture_confidence": 89.657, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 50.71, "rotation_up": 23.28, "upward_expansion": 54.7, "deceleration": 90.97, "rotation_down": 31.12, "downward_expansion": 18.36 }, "activity_lines": [ 34.81182, 35.289162, 35.030062, 33.938896 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 35.545, "trend_reference": 32.55694, "distance_from_trend": 0.09178, "trend_direction": "Improving", "fair_value": 25.436756, "distance_from_fair_value": 0.397387, "fair_value_direction": "Weakening", "relative_strength": 5.378719, "relative_strength_direction": "Weakening", "price_momentum": 0.184721, "excess_performance": -0.002732, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09178, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.100823, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.397387, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.054005, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053787, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.042073, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.184721, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.142283, "read": "Demand-led" } ], "volume": { "latest": 371016, "relative_activity": 0.917687, "balance": 1.142283, "dry_up": 1.682095, "accumulation_observations": 3, "distribution_observations": 6 }, "risk": { "range_context": 0.061578, "annualized_volatility": 0.288217, "from_high_reference": -0.085071, "from_low_reference": 0.52317 }, "levels": { "trend_reference": 32.55694, "fair_value_reference": 25.436756, "structural_low": 26.650213, "invalidation": "A 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.322244, "energy": 31.054753, "activity_lines": [ 35.62312, 35.892909, 34.643548, 33.440338 ] }, { "date": "2026-07-24", "close": 34.0031, "volume": 483641, "typical_volume": 336326.25, "trend": 32.089705, "fair_value": 25.239687, "relative_strength": 7.285831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.844856, "energy": 21.763207, "activity_lines": [ 34.905173, 35.569467, 34.734452, 33.578824 ] }, { "date": "2026-07-31", "close": 34.4442, "volume": 1330649, "typical_volume": 391143.55, "trend": 32.318372, "fair_value": 25.33361, "relative_strength": 7.677272, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.473217, "energy": 20.853958, "activity_lines": [ 34.611327, 35.325595, 34.843449, 33.730727 ] }, { "date": "2026-08-07", "close": 35.545, "volume": 371016, "typical_volume": 404294.55, "trend": 32.55694, "fair_value": 25.436756, "relative_strength": 5.378719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.701859, "energy": 21.964048, "activity_lines": [ 34.81182, 35.289162, 35.030062, 33.938896 ] } ], "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." } } }