{ "ticker": { "uuid": "bbb40497-6b1b-44a0-b92f-01f6a35201d9", "symbol": "TBIL", "name": "F/M US TREASURY 3 MONTH BILL 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.572, "architecture_energy": 94.503, "architecture_maturity": 100.0, "architecture_confidence": 66.633, "architecture_tenure": "Extended", "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": 20.12, "rotation_up": 81.66, "upward_expansion": 97.39, "deceleration": 41.93, "rotation_down": 12.21, "downward_expansion": 21.73 }, "activity_lines": [ 49.866048, 49.824886, 49.769343, 49.706459 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 49.91, "trend_reference": 49.602981, "distance_from_trend": 0.00619, "trend_direction": "Improving", "fair_value": 47.259812, "distance_from_fair_value": 0.056077, "fair_value_direction": "Weakening", "relative_strength": -11.570227, "relative_strength_direction": "Improving", "price_momentum": 0.011918, "excess_performance": -0.175536, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.00619, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005216, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.056077, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.005156, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.115702, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.041841, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.011918, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 9.26214, "read": "Demand-led" } ], "volume": { "latest": 9407008, "relative_activity": 0.986038, "balance": 9.26214, "dry_up": 0.864252, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.000963, "annualized_volatility": 0.005621, "from_high_reference": 0.0, "from_low_reference": 0.032038 }, "levels": { "trend_reference": 49.602981, "fair_value_reference": 47.259812, "structural_low": 49.322194, 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47.183408, "relative_strength": -7.383119, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.766601, "energy": 70.066624, "activity_lines": [ 49.797727, 49.780197, 49.730271, 49.664128 ] }, { "date": "2026-07-31", "close": 49.88, "volume": 8981409, "typical_volume": 9747935.25, "trend": 49.578948, "fair_value": 47.221655, "relative_strength": -7.474888, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.71009, "energy": 89.596138, "activity_lines": [ 49.832769, 49.801573, 49.749306, 49.6851 ] }, { "date": "2026-08-07", "close": 49.91, "volume": 9407008, "typical_volume": 9540212.65, "trend": 49.602981, "fair_value": 47.259812, "relative_strength": -11.570227, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.571895, "energy": 94.503202, "activity_lines": [ 49.866048, 49.824886, 49.769343, 49.706459 ] } ], "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." } } }