{ "ticker": { "uuid": "c4b6245c-699d-4ff2-967e-78a81c7374bb", "symbol": "LQDH", "name": "ISHARES US ETF TRUST INT RATE HDGD CORPORATE BD", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "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": 17.957, "architecture_energy": 19.039, "architecture_maturity": 58.175, "architecture_confidence": 73.946, "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": 57.29, "rotation_up": 21.36, "upward_expansion": 48.54, "deceleration": 84.75, "rotation_down": 34.21, "downward_expansion": 26.54 }, "activity_lines": [ 92.139968, 92.265149, 92.315022, 92.060231 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 92.365, "trend_reference": 91.797707, "distance_from_trend": 0.00618, "trend_direction": "Improving", "fair_value": 85.320512, "distance_from_fair_value": 0.082565, "fair_value_direction": "Weakening", "relative_strength": -9.585455, "relative_strength_direction": "Weakening", "price_momentum": 0.00887, "excess_performance": -0.116755, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.00618, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006984, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.082565, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.016439, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.095855, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008607, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.00887, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.842358, "read": "Supply-led" } ], "volume": { "latest": 152124, "relative_activity": 0.788029, "balance": 0.842358, "dry_up": 1.251958, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.004695, "annualized_volatility": 0.03061, "from_high_reference": -0.00797, "from_low_reference": 0.048012 }, "levels": { "trend_reference": 91.797707, "fair_value_reference": 85.320512, "structural_low": 89.805959, "invalidation": "A 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"Re-accelerating", "gate": "up", "direction": 43.242575, "energy": 31.270699, "activity_lines": [ 92.443226, 92.566399, 92.236414, 91.958496 ] }, { "date": "2026-07-17", "close": 92.123476, "volume": 130148, "typical_volume": 187930.35, "trend": 91.706564, "fair_value": 85.007356, "relative_strength": -6.941005, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.053348, "energy": 26.947479, "activity_lines": [ 92.283677, 92.486526, 92.267764, 91.988397 ] }, { "date": "2026-07-24", "close": 91.824955, "volume": 392985, "typical_volume": 194648.65, "trend": 91.729905, "fair_value": 85.109511, "relative_strength": -6.484988, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.332041, "energy": 24.256556, "activity_lines": [ 92.085549, 92.352717, 92.263996, 91.996035 ] }, { "date": "2026-07-31", "close": 92.123476, "volume": 291474, "typical_volume": 196719.5, "trend": 91.763522, "fair_value": 85.213949, "relative_strength": -6.933075, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.209749, "energy": 21.945213, "activity_lines": [ 92.054484, 92.282446, 92.283456, 92.021426 ] }, { "date": "2026-08-07", "close": 92.365, "volume": 152124, "typical_volume": 193043.75, "trend": 91.797707, "fair_value": 85.320512, "relative_strength": -9.585455, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.956818, "energy": 19.038564, "activity_lines": [ 92.139968, 92.265149, 92.315022, 92.060231 ] } ], "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." } } }