{ "ticker": { "uuid": "b568b164-24ff-469b-9996-a8ada77015d9", "symbol": "BLES", "name": "NORTHERN LIGHTS FUND TRUST IV INSPIRE GLOBAL HOPE 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": 88.678, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.014, "architecture_energy": 76.053, "architecture_maturity": 37.462, "architecture_confidence": 76.182, "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": 4.33, "rotation_up": 75.21, "upward_expansion": 93.68, "deceleration": 40.25, "rotation_down": 15.2, "downward_expansion": 15.68 }, "activity_lines": [ 48.742793, 48.302098, 47.792465, 47.225134 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 49.77, "trend_reference": 46.589152, "distance_from_trend": 0.068274, "trend_direction": "Improving", "fair_value": 38.857499, "distance_from_fair_value": 0.280834, "fair_value_direction": "Improving", "relative_strength": -0.941616, "relative_strength_direction": "Improving", "price_momentum": 0.079754, "excess_performance": -0.04587, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.068274, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037407, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.280834, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.02125, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.009416, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.009654, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.079754, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.494466, "read": "Demand-led" } ], "volume": { "latest": 73343, "relative_activity": 1.431361, "balance": 1.494466, "dry_up": 1.02839, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.021953, "annualized_volatility": 0.128099, "from_high_reference": -0.004002, "from_low_reference": 0.23124 }, "levels": { "trend_reference": 46.589152, "fair_value_reference": 38.857499, "structural_low": 43.08, "invalidation": "A 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38.640581, "relative_strength": -0.056542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.886359, "energy": 47.737767, "activity_lines": [ 47.931727, 47.775042, 47.331603, 46.85806 ] }, { "date": "2026-07-31", "close": 48.57, "volume": 62960, "typical_volume": 49672.25, "trend": 46.410064, "fair_value": 38.74468, "relative_strength": 0.059285, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.177881, "energy": 56.298505, "activity_lines": [ 48.182927, 47.941497, 47.515634, 47.008364 ] }, { "date": "2026-08-07", "close": 49.77, "volume": 73343, "typical_volume": 51240.05, "trend": 46.589152, "fair_value": 38.857499, "relative_strength": -0.941616, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.013996, "energy": 76.053108, "activity_lines": [ 48.742793, 48.302098, 47.792465, 47.225134 ] } ], "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." } } }