{ "ticker": { "uuid": "b13c8015-67fa-42f8-8121-16610b02657c", "symbol": "REIT", "name": "ALPS ACTIVE REIT 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 89.199, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 59.113, "architecture_energy": 47.733, "architecture_maturity": 44.984, "architecture_confidence": 60.434, "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": 16.76, "rotation_up": 54.45, "upward_expansion": 77.52, "deceleration": 65.2, "rotation_down": 20.69, "downward_expansion": 6.52 }, "activity_lines": [ 31.16182, 30.984116, 30.442381, 29.860845 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 30.7316, "trend_reference": 29.070834, "distance_from_trend": 0.057128, "trend_direction": "Improving", "fair_value": 25.6963, "distance_from_fair_value": 0.195954, "fair_value_direction": "Improving", "relative_strength": -3.069344, "relative_strength_direction": "Improving", "price_momentum": 0.121761, "excess_performance": -0.065692, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057128, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057324, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.195954, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.011466, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030693, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.043258, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.121761, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.653544, "read": "Supply-led" } ], "volume": { "latest": 111796, "relative_activity": 2.287726, "balance": 0.653544, "dry_up": 1.43695, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.035443, "annualized_volatility": 0.158155, "from_high_reference": -0.044415, "from_low_reference": 0.235548 }, "levels": { "trend_reference": 29.070834, "fair_value_reference": 25.6963, "structural_low": 26.723455, 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25.587388, "relative_strength": 6.239222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.128458, "energy": 68.202497, "activity_lines": [ 31.3022, 30.852223, 30.178444, 29.588306 ] }, { "date": "2026-07-31", "close": 31.1586, "volume": 74528, "typical_volume": 45036.25, "trend": 28.919846, "fair_value": 25.643583, "relative_strength": 3.224872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.944481, "energy": 52.203645, "activity_lines": [ 31.30948, 30.968661, 30.338804, 29.743957 ] }, { "date": "2026-08-07", "close": 30.7316, "volume": 111796, "typical_volume": 48867.75, "trend": 29.070834, "fair_value": 25.6963, "relative_strength": -3.069344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.112785, "energy": 47.732848, "activity_lines": [ 31.16182, 30.984116, 30.442381, 29.860845 ] } ], "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." } } }