{ "ticker": { "uuid": "cb45b280-0d3d-418e-a512-6cd0fa3e99fb", "symbol": "QAI", "name": "NYLI HEDGE MULTI-STRATEGY TRACKER 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": 51.025, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 45.232, "architecture_energy": 24.016, "architecture_maturity": 51.359, "architecture_confidence": 80.868, "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": 44.7, "rotation_up": 29.24, "upward_expansion": 54.87, "deceleration": 90.87, "rotation_down": 26.12, "downward_expansion": 18.53 }, "activity_lines": [ 36.202667, 36.237455, 36.134238, 35.797168 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 36.5, "trend_reference": 35.361867, "distance_from_trend": 0.032185, "trend_direction": "Improving", "fair_value": 31.524541, "distance_from_fair_value": 0.157828, "fair_value_direction": "Weakening", "relative_strength": -5.497416, "relative_strength_direction": "Weakening", "price_momentum": 0.057205, "excess_performance": -0.06842, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.032185, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.027366, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.157828, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.015041, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.054974, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.018509, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.057205, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.438883, "read": "Demand-led" } ], "volume": { "latest": 235931, "relative_activity": 0.465893, "balance": 2.438883, "dry_up": 0.483926, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.018619, "annualized_volatility": 0.069402, "from_high_reference": -0.010572, "from_low_reference": 0.134144 }, "levels": { "trend_reference": 35.361867, "fair_value_reference": 31.524541, "structural_low": 33.6, "invalidation": "A 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-3.489631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.524124, "energy": 33.898437, "activity_lines": [ 36.236, 36.267091, 35.969333, 35.607288 ] }, { "date": "2026-07-24", "close": 35.98, "volume": 280431, "typical_volume": 503576.3, "trend": 35.2052, "fair_value": 31.416994, "relative_strength": -2.803557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.241163, "energy": 26.450999, "activity_lines": [ 36.118, 36.22, 36.01319, 35.662226 ] }, { "date": "2026-07-31", "close": 36.08, "volume": 285780, "typical_volume": 506396.65, "trend": 35.2832, "fair_value": 31.468946, "relative_strength": -3.448619, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.764158, "energy": 20.72566, "activity_lines": [ 36.083333, 36.190182, 36.058333, 35.718665 ] }, { "date": "2026-08-07", "close": 36.5, "volume": 235931, "typical_volume": 506405.8, "trend": 35.361867, "fair_value": 31.524541, "relative_strength": -5.497416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.231559, "energy": 24.015542, "activity_lines": [ 36.202667, 36.237455, 36.134238, 35.797168 ] } ], "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." } } }