{
  "ticker": {
    "uuid": "ac4d6b67-c7ad-4bca-8513-137c2881bcc6",
    "symbol": "EQRR",
    "name": "PROSHARES EQUITIES FOR RISING RATES 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": 80.496,
    "architecture_energy": 68.378,
    "architecture_maturity": 93.325,
    "architecture_confidence": 85.845,
    "architecture_tenure": "Extended",
    "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": 7.14,
        "rotation_up": 66.17,
        "upward_expansion": 87.5,
        "deceleration": 52.4,
        "rotation_down": 22.61,
        "downward_expansion": 11.84
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 84.0687,
    "trend_reference": 74.133439,
    "distance_from_trend": 0.134019,
    "trend_direction": "Improving",
    "fair_value": 59.848625,
    "distance_from_fair_value": 0.404689,
    "fair_value_direction": "Improving",
    "relative_strength": 6.496029,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.226957,
    "excess_performance": 0.039503,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.134019,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.082305,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.404689,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.077946,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.06496,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.080298,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.226957,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.999563,
        "read": "Supply-led"
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    ],
    "volume": {
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      "relative_activity": 0.110607,
      "balance": 0.999563,
      "dry_up": 0.099923,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
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      "annualized_volatility": 0.102502,
      "from_high_reference": -0.007219,
      "from_low_reference": 0.419938
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    "levels": {
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      "fair_value_reference": 59.848625,
      "structural_low": 66.692484,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "sufficient": true
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        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 147010.85,
        "trend": 72.423979,
        "fair_value": 59.23459,
        "relative_strength": 7.630086,
        "stage": 2,
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      },
      {
        "date": "2026-07-24",
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        "volume": 10349,
        "typical_volume": 147493.35,
        "trend": 72.964596,
        "fair_value": 59.428878,
        "relative_strength": 8.633347,
        "stage": 2,
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        "modifier": "Established expansion",
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        "direction": 64.886442,
        "energy": 56.128528,
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      },
      {
        "date": "2026-07-31",
        "close": 82.5449,
        "volume": 18702,
        "typical_volume": 148060.5,
        "trend": 73.550381,
        "fair_value": 59.635139,
        "relative_strength": 10.133136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.834924,
        "energy": 61.957727,
        "activity_lines": [
          81.337133,
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      },
      {
        "date": "2026-08-07",
        "close": 84.0687,
        "volume": 16455,
        "typical_volume": 148770.25,
        "trend": 74.133439,
        "fair_value": 59.848625,
        "relative_strength": 6.496029,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.496419,
        "energy": 68.378348,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}