{ "ticker": { "uuid": "c7b6fad3-c50f-4bac-8ff9-d573532a6001", "symbol": "RVT", "name": "Royce Value Trust Inc", "exchange": "NYSE", "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": 90.509, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 66.856, "architecture_energy": 36.661, "architecture_maturity": 25.734, "architecture_confidence": 66.382, "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": 40.57, "rotation_up": 47.31, "upward_expansion": 74.53, "deceleration": 64.43, "rotation_down": 22.64, "downward_expansion": 3.53 }, "activity_lines": [ 18.302, 18.217167, 18.083086, 17.841333 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 18.82, "trend_reference": 17.560927, "distance_from_trend": 0.071697, "trend_direction": "Improving", "fair_value": 13.820905, "distance_from_fair_value": 0.361705, "fair_value_direction": "Weakening", "relative_strength": 1.82628, "relative_strength_direction": "Weakening", "price_momentum": 0.090961, "excess_performance": -0.034664, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071697, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05632, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.361705, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.029362, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.018263, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.042007, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.090961, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.203602, "read": "Demand-led" } ], "volume": { "latest": 1068257, "relative_activity": 0.807942, "balance": 1.203602, "dry_up": 1.30932, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.037857, "annualized_volatility": 0.195104, "from_high_reference": -0.003178, "from_low_reference": 0.355884 }, "levels": { "trend_reference": 17.560927, "fair_value_reference": 13.820905, "structural_low": 15.624175, 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18.075832, 17.848572, 17.618462 ] }, { "date": "2026-07-17", "close": 17.92, "volume": 3331748, "typical_volume": 1330507.65, "trend": 17.31276, "fair_value": 13.679868, "relative_strength": 1.356693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.505408, "energy": 35.002686, "activity_lines": [ 18.13, 18.054598, 17.885037, 17.662503 ] }, { "date": "2026-07-24", "close": 18.04, "volume": 1381340, "typical_volume": 1335042.5, "trend": 17.39055, "fair_value": 13.724158, "relative_strength": 2.483211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.744579, "energy": 29.494097, "activity_lines": [ 18.095333, 18.063108, 17.931997, 17.709422 ] }, { "date": "2026-07-31", "close": 18.09, "volume": 1143365, "typical_volume": 1315924.8, "trend": 17.474834, "fair_value": 13.770067, "relative_strength": 1.496274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.322327, "energy": 20.806874, "activity_lines": [ 18.070667, 18.074661, 17.977341, 17.754548 ] }, { "date": "2026-08-07", "close": 18.82, "volume": 1068257, "typical_volume": 1322195.8, "trend": 17.560927, "fair_value": 13.820905, "relative_strength": 1.82628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.85613, "energy": 36.661478, "activity_lines": [ 18.302, 18.217167, 18.083086, 17.841333 ] } ], "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." } } }