{
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    "uuid": "b42f8371-5840-4029-9774-3f7eabe60406",
    "symbol": "EIPX",
    "name": "FIRST TR EXCHANGE TRADED FD IV ENERGY INCOME PARTNERS STRATEGY ETF USD",
    "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": 71.669,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 54.398,
    "architecture_energy": 47.351,
    "architecture_maturity": 4.249,
    "architecture_confidence": 75.96,
    "architecture_tenure": "New",
    "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": 34.46,
        "rotation_up": 62.92,
        "upward_expansion": 80.99,
        "deceleration": 50.11,
        "rotation_down": 12.06,
        "downward_expansion": 7.66
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      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
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    "trend_direction": "Improving",
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    "distance_from_fair_value": 0.305622,
    "fair_value_direction": "Weakening",
    "relative_strength": -1.155325,
    "relative_strength_direction": "Weakening",
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    "excess_performance": -0.022792,
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        "read": "Above"
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.305622,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.032532,
        "read": "Moving away"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.011553,
        "read": "Lagging"
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      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.036593,
        "read": "Weakening"
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        "label": "Price momentum",
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        "read": "Positive"
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        "label": "Volume balance",
        "positive": true,
        "value": 1.743134,
        "read": "Demand-led"
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      "accumulation_observations": 2,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "typical_volume": 190100.4,
        "trend": 29.806414,
        "fair_value": 23.931371,
        "relative_strength": 3.04064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.448349,
        "energy": 30.357589,
        "activity_lines": [
          31.823353,
          31.841359,
          31.72718,
          30.988218
        ]
      },
      {
        "date": "2026-06-19",
        "close": 30.953338,
        "volume": 161312,
        "typical_volume": 187500.6,
        "trend": 29.955992,
        "fair_value": 24.01554,
        "relative_strength": -0.672985,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.603748,
        "energy": 14.47356,
        "activity_lines": [
          31.504458,
          31.681361,
          31.689872,
          31.062213
        ]
      },
      {
        "date": "2026-06-26",
        "close": 31.55,
        "volume": 141964,
        "typical_volume": 185769.4,
        "trend": 30.110652,
        "fair_value": 24.099904,
        "relative_strength": 3.611721,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.03756,
        "energy": 12.720315,
        "activity_lines": [
          31.459212,
          31.649969,
          31.697744,
          31.165052
        ]
      },
      {
        "date": "2026-07-03",
        "close": 31.34,
        "volume": 79474,
        "typical_volume": 178783.4,
        "trend": 30.261944,
        "fair_value": 24.183275,
        "relative_strength": 0.681286,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.287386,
        "energy": 12.072949,
        "activity_lines": [
          31.411369,
          31.575849,
          31.674101,
          31.244365
        ]
      },
      {
        "date": "2026-07-10",
        "close": 31.76,
        "volume": 646964,
        "typical_volume": 204269.55,
        "trend": 30.438579,
        "fair_value": 24.267903,
        "relative_strength": 0.602804,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.523253,
        "energy": 12.520141,
        "activity_lines": [
          31.503551,
          31.582972,
          31.686294,
          31.341013
        ]
      },
      {
        "date": "2026-07-17",
        "close": 32.26,
        "volume": 75354,
        "typical_volume": 203070.75,
        "trend": 30.647117,
        "fair_value": 24.352019,
        "relative_strength": 3.654202,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.068879,
        "energy": 25.751884,
        "activity_lines": [
          31.760889,
          31.692369,
          31.741218,
          31.458524
        ]
      },
      {
        "date": "2026-07-24",
        "close": 32.784,
        "volume": 241087,
        "typical_volume": 197894.8,
        "trend": 30.866861,
        "fair_value": 24.43944,
        "relative_strength": 5.74908,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 62.144008,
        "energy": 36.940099,
        "activity_lines": [
          32.164667,
          31.881943,
          31.841002,
          31.596388
        ]
      },
      {
        "date": "2026-07-31",
        "close": 32.52,
        "volume": 300274,
        "typical_volume": 204139.7,
        "trend": 31.063199,
        "fair_value": 24.525619,
        "relative_strength": 3.641229,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 58.103733,
        "energy": 47.085043,
        "activity_lines": [
          32.3584,
          32.010621,
          31.908152,
          31.703042
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.1276,
        "volume": 103813,
        "typical_volume": 193983.6,
        "trend": 31.249106,
        "fair_value": 24.607127,
        "relative_strength": -1.155325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.398493,
        "energy": 47.350756,
        "activity_lines": [
          32.356667,
          32.068701,
          31.932345,
          31.771713
        ]
      }
    ],
    "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."
    }
  }
}