{ "ticker": { "uuid": "bf8bc405-766a-43fb-b6f9-8dc435f18bad", "symbol": "IGBH", "name": "ISHARES US ETF TRUST INTEREST RATE HEDGED LNG TRM CORP BD 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": 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 10.299, "architecture_energy": 20.261, "architecture_maturity": 58.81, "architecture_confidence": 76.978, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 63.06, "rotation_up": 16.66, "upward_expansion": 46.28, "deceleration": 87.62, "rotation_down": 37.43, "downward_expansion": 26.61 }, "activity_lines": [ 24.292069, 24.349062, 24.373485, 24.283613 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 24.37, "trend_reference": 24.213042, "distance_from_trend": 0.006482, "trend_direction": "Improving", "fair_value": 22.399155, "distance_from_fair_value": 0.087987, "fair_value_direction": "Weakening", "relative_strength": -9.581586, "relative_strength_direction": "Weakening", "price_momentum": 0.005725, "excess_performance": -0.1199, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006482, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006695, "read": "Rising" }, { "label": "Price 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}, { "date": "2026-07-17", "close": 24.31322, "volume": 381060, "typical_volume": 345971.2, "trend": 24.203083, "fair_value": 22.311615, "relative_strength": -6.882721, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.932957, "energy": 27.30808, "activity_lines": [ 24.379705, 24.447899, 24.362591, 24.271145 ] }, { "date": "2026-07-24", "close": 24.167111, "volume": 268453, "typical_volume": 343040.05, "trend": 24.203801, "fair_value": 22.339847, "relative_strength": -6.692562, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.663577, "energy": 22.080252, "activity_lines": [ 24.295481, 24.392118, 24.359086, 24.268824 ] }, { "date": "2026-07-31", "close": 24.271688, "volume": 1791613, "typical_volume": 417541.35, "trend": 24.208659, "fair_value": 22.368867, "relative_strength": -7.05045, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.32891, "energy": 23.076982, "activity_lines": [ 24.270838, 24.359515, 24.363583, 24.273204 ] }, { "date": "2026-08-07", "close": 24.37, "volume": 425240, "typical_volume": 428760.65, "trend": 24.213042, "fair_value": 22.399155, "relative_strength": -9.581586, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.299279, "energy": 20.261413, "activity_lines": [ 24.292069, 24.349062, 24.373485, 24.283613 ] } ], "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." } } }