{ "ticker": { "uuid": "bdc8339c-d06f-489d-9ad3-3e2452afb93b", "symbol": "USMV", "name": "ISHARES MSCI USA MIN VOL FACTOR ETF", "exchange": "CBOE", "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": 56.581, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.401, "architecture_energy": 71.037, "architecture_maturity": 24.519, "architecture_confidence": 69.843, "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": 9.78, "rotation_up": 70.41, "upward_expansion": 87.12, "deceleration": 47.56, "rotation_down": 13.63, "downward_expansion": 13.79 }, "activity_lines": [ 98.442, 97.616501, 96.526618, 95.862528 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 100.62, "trend_reference": 95.240015, "distance_from_trend": 0.056489, "trend_direction": "Improving", "fair_value": 86.841041, "distance_from_fair_value": 0.158669, "fair_value_direction": "Improving", "relative_strength": -5.019044, "relative_strength_direction": "Improving", "price_momentum": 0.055391, "excess_performance": -0.070234, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.056489, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012488, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.158669, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.051027, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.05019, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.056139, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.055391, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.694182, "read": "Demand-led" } ], "volume": { "latest": 12592964, "relative_activity": 1.142693, "balance": 1.694182, "dry_up": 1.101858, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.019135, "annualized_volatility": 0.103122, "from_high_reference": -0.000993, "from_low_reference": 0.108911 }, "levels": { "trend_reference": 95.240015, "fair_value_reference": 86.841041, "structural_low": 90.737696, 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"2026-07-24", "close": 96.95, "volume": 8918849, "typical_volume": 11299269.9, "trend": 94.852856, "fair_value": 86.479254, "relative_strength": -4.656632, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.372594, "energy": 62.896126, "activity_lines": [ 97.08, 96.573978, 95.700736, 95.302582 ] }, { "date": "2026-07-31", "close": 97.93, "volume": 13431920, "typical_volume": 11142817.35, "trend": 95.017984, "fair_value": 86.654056, "relative_strength": -4.512958, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.489218, "energy": 58.131385, "activity_lines": [ 97.377333, 96.862971, 95.99402, 95.501107 ] }, { "date": "2026-08-07", "close": 100.62, "volume": 12592964, "typical_volume": 11020426.35, "trend": 95.240015, "fair_value": 86.841041, "relative_strength": -5.019044, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.400604, "energy": 71.036718, "activity_lines": [ 98.442, 97.616501, 96.526618, 95.862528 ] } ], "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." } } }