{ "ticker": { "uuid": "a82c4b4b-09bf-4059-a0ac-034e0e332626", "symbol": "JHMM", "name": "JOHN HANCOCK EXCHANGE TRADED FD TR MULTIFACTOR MID CAP 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": 78.543, "architecture_energy": 52.812, "architecture_maturity": 44.086, "architecture_confidence": 82.562, "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": 14.21, "rotation_up": 56.95, "upward_expansion": 80.24, "deceleration": 58.76, "rotation_down": 23.61, "downward_expansion": 6.91 }, "activity_lines": [ 74.796667, 74.421786, 73.505021, 72.424939 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 76.48, "trend_reference": 71.230107, "distance_from_trend": 0.073703, "trend_direction": "Improving", "fair_value": 59.646176, "distance_from_fair_value": 0.282228, "fair_value_direction": "Improving", "relative_strength": -0.267354, "relative_strength_direction": "Improving", "price_momentum": 0.082519, "excess_performance": -0.043105, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.073703, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041841, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.282228, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.031181, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002674, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.014881, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.082519, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.193736, "read": "Demand-led" } ], "volume": { "latest": 887377, "relative_activity": 0.780021, "balance": 2.193736, "dry_up": 0.86526, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.024484, "annualized_volatility": 0.125842, "from_high_reference": -0.004165, "from_low_reference": 0.250082 }, "levels": { "trend_reference": 71.230107, "fair_value_reference": 59.646176, "structural_low": 65.12, 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64.28743, "energy": 55.899347, "activity_lines": [ 74.133469, 73.598872, 72.288225, 71.402711 ] }, { "date": "2026-07-17", "close": 73.7, "volume": 810707, "typical_volume": 1171221.15, "trend": 70.455087, "fair_value": 59.154151, "relative_strength": 0.012443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.704802, "energy": 48.332155, "activity_lines": [ 74.016976, 73.713453, 72.545162, 71.628399 ] }, { "date": "2026-07-24", "close": 73.91, "volume": 1131308, "typical_volume": 1159636.45, "trend": 70.696107, "fair_value": 59.308418, "relative_strength": 0.883399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.948924, "energy": 44.087197, "activity_lines": [ 73.99, 73.833867, 72.809385, 71.851297 ] }, { "date": "2026-07-31", "close": 74.06, "volume": 1108001, "typical_volume": 1155072.9, "trend": 70.95244, "fair_value": 59.469073, "relative_strength": -0.005813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.194773, "energy": 40.507361, "activity_lines": [ 73.986, 73.923651, 73.059608, 72.068322 ] }, { "date": "2026-08-07", "close": 76.48, "volume": 887377, "typical_volume": 1137632.9, "trend": 71.230107, "fair_value": 59.646176, "relative_strength": -0.267354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.543097, "energy": 52.811809, "activity_lines": [ 74.796667, 74.421786, 73.505021, 72.424939 ] } ], "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." } } }