{ "ticker": { "uuid": "c853e5c8-778c-42d6-8ea3-6259ea2962a1", "symbol": "QYLG", "name": "GLOBAL X NASDAQ 100 COVERED CALL & GROWTH ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 76.108, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 45.309, "architecture_energy": 23.429, "architecture_maturity": 59.735, "architecture_confidence": 81.727, "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": 42.1, "rotation_up": 29.22, "upward_expansion": 56.92, "deceleration": 88.09, "rotation_down": 28.7, "downward_expansion": 18.26 }, "activity_lines": [ 29.066229, 29.17891, 29.098896, 28.54447 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 29.7, "trend_reference": 27.863359, "distance_from_trend": 0.065916, "trend_direction": "Improving", "fair_value": 22.82899, "distance_from_fair_value": 0.300977, "fair_value_direction": "Weakening", "relative_strength": -3.225488, "relative_strength_direction": "Improving", "price_momentum": 0.121157, "excess_performance": -0.066297, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065916, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03741, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.300977, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.038463, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.032255, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.009753, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.121157, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.559462, "read": "Demand-led" } ], "volume": { "latest": 189996, "relative_activity": 0.914695, "balance": 1.559462, "dry_up": 1.189901, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.035773, "annualized_volatility": 0.15624, "from_high_reference": -0.017808, "from_low_reference": 0.24819 }, "levels": { "trend_reference": 27.863359, "fair_value_reference": 22.82899, "structural_low": 24.698993, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.038699, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.011296, "regime_survival": 0.571429, "best_return": 0.084598, "worst_return": -0.033477, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.072812, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.030054, "regime_survival": 0.25, "best_return": 0.10942, "worst_return": 0.042519, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.13767, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.040997, "regime_survival": 0.0, "best_return": 0.147572, "worst_return": 0.127768, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, 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201799.55, "trend": 27.632257, "fair_value": 22.612321, "relative_strength": -2.745366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.033959, "energy": 30.386774, "activity_lines": [ 29.301202, 29.402512, 28.907205, 28.303303 ] }, { "date": "2026-07-24", "close": 28.4205, "volume": 238370, "typical_volume": 200831.45, "trend": 27.691218, "fair_value": 22.67908, "relative_strength": -2.261526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.645454, "energy": 22.034793, "activity_lines": [ 28.965352, 29.221212, 28.932551, 28.354157 ] }, { "date": "2026-07-31", "close": 28.7106, "volume": 334321, "typical_volume": 205359.15, "trend": 27.769526, "fair_value": 22.750093, "relative_strength": -1.750125, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.191313, "energy": 19.029053, "activity_lines": [ 28.839592, 29.104132, 28.974974, 28.419924 ] }, { "date": "2026-08-07", "close": 29.7, "volume": 189996, "typical_volume": 207715.05, "trend": 27.863359, "fair_value": 22.82899, "relative_strength": -3.225488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.308776, "energy": 23.428732, "activity_lines": [ 29.066229, 29.17891, 29.098896, 28.54447 ] } ], "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." } } }