{ "ticker": { "uuid": "bab2b7dd-e196-4f85-a6c0-aa9f6cfbe190", "symbol": "PY", "name": "PRINCIPAL VALUE ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 79.902, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.12, "architecture_energy": 94.838, "architecture_maturity": 34.027, "architecture_confidence": 65.345, "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": 0.17, "rotation_up": 87.65, "upward_expansion": 99.88, "deceleration": 39.03, "rotation_down": 8.81, "downward_expansion": 21.88 }, "activity_lines": [ 56.449413, 55.63845, 54.777304, 54.115642 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 57.4688, "trend_reference": 53.442844, "distance_from_trend": 0.075332, "trend_direction": "Improving", "fair_value": 47.297042, "distance_from_fair_value": 0.215061, "fair_value_direction": "Improving", "relative_strength": -4.460534, "relative_strength_direction": "Improving", "price_momentum": 0.069883, "excess_performance": -0.11757, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075332, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020986, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.215061, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.058033, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044605, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.089165, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.069883, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.265839, "read": "Demand-led" } ], "volume": { "latest": 66551, "relative_activity": 0.982765, "balance": 5.265839, "dry_up": 1.015707, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.016836, "annualized_volatility": 0.095286, "from_high_reference": -0.003834, "from_low_reference": 0.165416 }, "levels": { "trend_reference": 53.442844, "fair_value_reference": 47.297042, "structural_low": 50.298487, 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"regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.650617, "energy": 82.065406, "activity_lines": [ 54.920447, 54.532152, 53.866412, 53.458724 ] }, { "date": "2026-07-24", "close": 55.8036, "volume": 103809, "typical_volume": 69594.9, "trend": 53.144756, "fair_value": 47.067902, "relative_strength": -2.26521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.553748, "energy": 86.776215, "activity_lines": [ 55.345822, 54.809303, 54.118435, 53.637276 ] }, { "date": "2026-07-31", "close": 56.3795, "volume": 65614, "typical_volume": 68377.7, "trend": 53.288866, "fair_value": 47.179011, "relative_strength": -1.658311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.580366, "energy": 90.84537, "activity_lines": [ 55.806227, 55.143122, 54.408883, 53.845969 ] }, { "date": "2026-08-07", "close": 57.4688, "volume": 66551, "typical_volume": 67718.1, "trend": 53.442844, "fair_value": 47.297042, "relative_strength": -4.460534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.120268, "energy": 94.83845, "activity_lines": [ 56.449413, 55.63845, 54.777304, 54.115642 ] } ], "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." } } }