{ "ticker": { "uuid": "bbebe693-70e8-483e-bb98-a068596bfa03", "symbol": "MRSK", "name": "NORTHERN LIGHTS FUND TRUST TOEWS AGILITY SHARES MANAGED RISK 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 65.479, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.306, "architecture_energy": 74.426, "architecture_maturity": 29.754, "architecture_confidence": 79.889, "architecture_tenure": "Developing", "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": 5.41, "rotation_up": 68.55, "upward_expansion": 90.51, "deceleration": 45.93, "rotation_down": 19.71, "downward_expansion": 14.84 }, "activity_lines": [ 39.08368, 38.815509, 38.400881, 37.918874 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 39.74, "trend_reference": 37.45398, "distance_from_trend": 0.061035, "trend_direction": "Improving", "fair_value": 32.950068, "distance_from_fair_value": 0.206067, "fair_value_direction": "Improving", "relative_strength": -3.692444, "relative_strength_direction": "Improving", "price_momentum": 0.070294, "excess_performance": -0.055331, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.061035, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.018771, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.206067, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.027275, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.036924, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.013332, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.070294, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.316971, "read": "Demand-led" } ], "volume": { "latest": 58504, "relative_activity": 0.398245, "balance": 3.316971, "dry_up": 0.70796, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.017068, "annualized_volatility": 0.095904, "from_high_reference": -0.004509, "from_low_reference": 0.164914 }, "levels": { "trend_reference": 37.45398, "fair_value_reference": 32.950068, "structural_low": 34.4993, "invalidation": 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37.139267, "fair_value": 32.626409, "relative_strength": -3.151771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.503251, "energy": 47.580692, "activity_lines": [ 38.33032, 38.262142, 37.644154, 37.37205 ] }, { "date": "2026-07-10", "close": 38.8169, "volume": 462555, "typical_volume": 155156.4, "trend": 37.186275, "fair_value": 32.690089, "relative_strength": -3.988931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.161772, "energy": 60.064765, "activity_lines": [ 38.510847, 38.389676, 37.801427, 37.480284 ] }, { "date": "2026-07-17", "close": 38.7068, "volume": 122426, "typical_volume": 144103.55, "trend": 37.254251, "fair_value": 32.752441, "relative_strength": -2.67594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.463812, "energy": 63.232827, "activity_lines": [ 38.608213, 38.468158, 37.940085, 37.578383 ] }, { "date": "2026-07-24", "close": 38.5349, "volume": 126090, "typical_volume": 144455.65, "trend": 37.30218, "fair_value": 32.812553, "relative_strength": -2.461774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.861093, "energy": 63.058536, "activity_lines": [ 38.614827, 38.499807, 38.05453, 37.661005 ] }, { "date": "2026-07-31", "close": 38.93, "volume": 108990, "typical_volume": 146767.4, "trend": 37.370847, "fair_value": 32.878691, "relative_strength": -2.445147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.227056, "energy": 63.899464, "activity_lines": [ 38.747587, 38.591204, 38.196039, 37.766026 ] }, { "date": "2026-08-07", "close": 39.74, "volume": 58504, "typical_volume": 146904.5, "trend": 37.45398, "fair_value": 32.950068, "relative_strength": -3.692444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.306109, "energy": 74.426095, "activity_lines": [ 39.08368, 38.815509, 38.400881, 37.918874 ] } ], "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." } } }