{
  "ticker": {
    "uuid": "b64d97fd-aa2c-4822-9a00-52ecb70dfbe6",
    "symbol": "RECS",
    "name": "COLUMBIA ETF TR I RESEARCH ENHANCED CORE 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": 71.693,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 81.354,
    "architecture_energy": 71.237,
    "architecture_maturity": 15.284,
    "architecture_confidence": 77.207,
    "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": 8.35,
        "rotation_up": 67.57,
        "upward_expansion": 89.46,
        "deceleration": 46.65,
        "rotation_down": 19.8,
        "downward_expansion": 13.79
      },
      "activity_lines": [
        44.46,
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        43.515524,
        42.767441
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 45.29,
    "trend_reference": 41.982,
    "distance_from_trend": 0.078796,
    "trend_direction": "Improving",
    "fair_value": 34.492143,
    "distance_from_fair_value": 0.313053,
    "fair_value_direction": "Improving",
    "relative_strength": -1.724216,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.09449,
    "excess_performance": -0.031135,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.078796,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.025669,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.313053,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.016906,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.017242,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.014027,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.09449,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.875179,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1860196,
      "relative_activity": 0.775534,
      "balance": 0.875179,
      "dry_up": 0.939166,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.02296,
      "annualized_volatility": 0.128886,
      "from_high_reference": -0.000662,
      "from_low_reference": 0.198465
    },
    "levels": {
      "trend_reference": 41.982,
      "fair_value_reference": 34.492143,
      "structural_low": 37.79,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 40,
        "median_return": 0.015762,
        "positive_rate": 0.675,
        "directional_follow_through": 0.675,
        "median_excess_return": 0.001102,
        "regime_survival": 0.775,
        "best_return": 0.065886,
        "worst_return": -0.049328,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.018458,
        "positive_rate": 0.642857,
        "directional_follow_through": 0.642857,
        "median_excess_return": 0.002012,
        "regime_survival": 0.642857,
        "best_return": 0.138125,
        "worst_return": -0.068018,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 9,
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        "directional_follow_through": 0.888889,
        "median_excess_return": 0.000773,
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        "worst_return": -0.130825,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "median_excess_return": 0.008776,
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        "worst_return": -0.054118,
        "sufficient": false
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    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-01-31",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "New",
        "return": -0.009865,
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      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-03-21",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
        "return": 0.036433,
        "active": false
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      {
        "regime": "rotation_up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "active": false
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        "active": false
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      },
      {
        "date": "2026-07-03",
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 2461623.9,
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        "stage": 2,
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-07-24",
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        "volume": 2242304,
        "typical_volume": 2434424.35,
        "trend": 41.760333,
        "fair_value": 34.244867,
        "relative_strength": 0.199509,
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        "modifier": "Re-accelerating",
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        "direction": 66.624118,
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      },
      {
        "date": "2026-07-31",
        "close": 43.76,
        "volume": 3046130,
        "typical_volume": 2417089.25,
        "trend": 41.853667,
        "fair_value": 34.363663,
        "relative_strength": -1.766988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.248866,
        "energy": 65.376938,
        "activity_lines": [
          44.036,
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      },
      {
        "date": "2026-08-07",
        "close": 45.29,
        "volume": 1860196,
        "typical_volume": 2398601.1,
        "trend": 41.982,
        "fair_value": 34.492143,
        "relative_strength": -1.724216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.353874,
        "energy": 71.237294,
        "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."
    }
  }
}