{ "ticker": { "uuid": "b20105a3-573e-47a7-912e-2c664b0143b2", "symbol": "ILCB", "name": "ISHARES TRUST MORNINGSTAR US EQUITY 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": 94.843, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 81.439, "architecture_energy": 56.19, "architecture_maturity": 53.099, "architecture_confidence": 79.198, "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": 21.41, "rotation_up": 55.29, "upward_expansion": 81.4, "deceleration": 62.88, "rotation_down": 26.31, "downward_expansion": 8.07 }, "activity_lines": [ 104.467513, 103.826119, 102.760369, 100.662244 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 107.2153, "trend_reference": 98.291131, "distance_from_trend": 0.090793, "trend_direction": "Improving", "fair_value": 80.356788, "distance_from_fair_value": 0.334241, "fair_value_direction": "Improving", "relative_strength": 0.079888, "relative_strength_direction": "Improving", "price_momentum": 0.128832, "excess_performance": 0.003207, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090793, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034446, "read": "Rising" 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78.935424, "relative_strength": 0.144519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.75652, "energy": 46.740191, "activity_lines": [ 102.727157, 102.739776, 100.182351, 98.473866 ] }, { "date": "2026-07-10", "close": 104.6739, "volume": 74438, "typical_volume": 80026.55, "trend": 97.047231, "fair_value": 79.223915, "relative_strength": 0.062848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.875037, "energy": 55.704018, "activity_lines": [ 103.407006, 103.152371, 100.845453, 98.98964 ] }, { "date": "2026-07-17", "close": 102.95, "volume": 52472, "typical_volume": 79253.4, "trend": 97.35507, "fair_value": 79.49876, "relative_strength": -0.037234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.428457, "energy": 49.344072, "activity_lines": [ 103.340887, 103.158825, 101.297022, 99.370464 ] }, { "date": "2026-07-24", "close": 102.2941, "volume": 30810, "typical_volume": 78017.95, "trend": 97.596585, "fair_value": 79.765579, "relative_strength": -0.083872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.52131, "energy": 46.464927, "activity_lines": [ 103.028027, 103.024069, 101.645087, 99.689111 ] }, { "date": "2026-07-31", "close": 103.37, "volume": 52737, "typical_volume": 68298.85, "trend": 97.905152, "fair_value": 80.048057, "relative_strength": -0.122242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.246084, "energy": 44.550566, "activity_lines": [ 103.171553, 103.079028, 102.048935, 100.061589 ] }, { "date": "2026-08-07", "close": 107.2153, "volume": 106002, "typical_volume": 70288.0, "trend": 98.291131, "fair_value": 80.356788, "relative_strength": 0.079888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.438974, "energy": 56.190359, "activity_lines": [ 104.467513, 103.826119, 102.760369, 100.662244 ] } ], "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." } } }