{ "ticker": { "uuid": "c588c0a8-5180-4ae8-810d-79f6735f1e7b", "symbol": "BKDV", "name": "BNY MELLON DYNAMIC VALUE 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.152, "architecture_energy": 69.615, "architecture_maturity": 48.698, "architecture_confidence": 88.193, "architecture_tenure": "Established", "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": 6.19, "rotation_up": 64.81, "upward_expansion": 87.35, "deceleration": 59.54, "rotation_down": 25.14, "downward_expansion": 11.69 }, "activity_lines": [ 34.091667, 33.826182, 33.233857, 32.549226 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 34.875, "trend_reference": 31.758667, "distance_from_trend": 0.098125, "trend_direction": "Improving", "fair_value": 28.091094, "distance_from_fair_value": 0.241497, "fair_value_direction": "Improving", "relative_strength": 3.22774, "relative_strength_direction": "Improving", "price_momentum": 0.120662, "excess_performance": -0.004963, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098125, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054241, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.241497, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.058772, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.032277, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.021995, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.120662, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.224372, "read": "Demand-led" } ], "volume": { "latest": 1492835, "relative_activity": 0.76432, "balance": 2.224372, "dry_up": 0.994716, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.02064, "annualized_volatility": 0.105336, "from_high_reference": -0.001003, "from_low_reference": 0.322603 }, "levels": { "trend_reference": 31.758667, "fair_value_reference": 28.091094, "structural_low": 28.93, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.031805, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.007551, "regime_survival": 1.0, "best_return": 0.040835, "worst_return": 0.012279, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, 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"trend": 31.298844, "fair_value": 27.887142, "relative_strength": 2.820368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.836453, "energy": 62.096142, "activity_lines": [ 33.520667, 33.343818, 32.620238, 32.02728 ] }, { "date": "2026-07-24", "close": 33.54, "volume": 1645320, "typical_volume": 1937822.15, "trend": 31.439167, "fair_value": 27.949952, "relative_strength": 4.165734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.125208, "energy": 58.562699, "activity_lines": [ 33.533333, 33.420909, 32.786619, 32.171871 ] }, { "date": "2026-07-31", "close": 34.01, "volume": 2570596, "typical_volume": 1956414.3, "trend": 31.596833, "fair_value": 28.016546, "relative_strength": 4.341684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.262968, "energy": 61.385962, "activity_lines": [ 33.688, 33.556909, 32.980238, 32.337731 ] }, { "date": "2026-08-07", "close": 34.875, "volume": 1492835, "typical_volume": 1953153.5, "trend": 31.758667, "fair_value": 28.091094, "relative_strength": 3.22774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.151634, "energy": 69.614619, "activity_lines": [ 34.091667, 33.826182, 33.233857, 32.549226 ] } ], "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." } } }