{ "ticker": { "uuid": "b742925b-9ec2-4695-9b6d-ec45239ab100", "symbol": "FXD", "name": "FIRST TRUST EXCH TRADED FUND 2 CONSUMER DISCRETIONARY ALPHADEX FD 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 56.078, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 67.536, "architecture_energy": 44.448, "architecture_maturity": 16.497, "architecture_confidence": 73.79, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 32.16, "rotation_up": 53.69, "upward_expansion": 77.41, "deceleration": 55.88, "rotation_down": 17.98, "downward_expansion": 6.41 }, "activity_lines": [ 70.082607, 69.712097, 68.657323, 68.064869 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 71.7591, "trend_reference": 67.94037, "distance_from_trend": 0.056207, "trend_direction": "Improving", "fair_value": 62.003515, "distance_from_fair_value": 0.157339, "fair_value_direction": "Improving", "relative_strength": -5.812721, "relative_strength_direction": "Improving", "price_momentum": 0.00388, "excess_performance": -0.121744, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.056207, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006643, "read": "Rising" }, { "label": "Price 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67.896605, 67.109242, 67.404619 ] }, { "date": "2026-07-03", "close": 69.6586, "volume": 50787, "typical_volume": 60116.6, "trend": 67.978533, "fair_value": 61.539578, "relative_strength": -6.097232, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.663748, "energy": 44.969622, "activity_lines": [ 69.442383, 68.327312, 67.369299, 67.516297 ] }, { "date": "2026-07-10", "close": 68.8367, "volume": 42761, "typical_volume": 56651.6, "trend": 67.958243, "fair_value": 61.623721, "relative_strength": -8.199952, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.006534, "energy": 37.085586, "activity_lines": [ 69.396937, 68.57251, 67.553154, 67.571663 ] }, { "date": "2026-07-17", "close": 69.35, "volume": 28013, "typical_volume": 53698.65, "trend": 67.953401, "fair_value": 61.711217, "relative_strength": -5.860785, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.765388, "energy": 32.185626, "activity_lines": [ 69.367026, 68.871689, 67.794403, 67.661454 ] }, { "date": "2026-07-24", "close": 68.3423, "volume": 111586, "typical_volume": 49200.45, "trend": 67.914635, "fair_value": 61.79238, "relative_strength": -6.459227, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.563029, "energy": 19.179798, "activity_lines": [ 69.012587, 68.933685, 67.939695, 67.686544 ] }, { "date": "2026-07-31", "close": 69.97, "volume": 63680, "typical_volume": 49944.75, "trend": 67.950423, "fair_value": 61.890553, "relative_strength": -5.095205, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.384963, "energy": 20.164736, "activity_lines": [ 69.24008, 69.196415, 68.229051, 67.819148 ] }, { "date": "2026-08-07", "close": 71.7591, "volume": 64269, "typical_volume": 50658.35, "trend": 67.94037, "fair_value": 62.003515, "relative_strength": -5.812721, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.536272, "energy": 44.447564, "activity_lines": [ 70.082607, 69.712097, 68.657323, 68.064869 ] } ], "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." } } }