{ "ticker": { "uuid": "cb912993-93fe-480f-acd7-a9960e206bd5", "symbol": "FEAC", "name": "FIDELITY ENHANCED U.S. ALL-CAP EQUITY 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": 86.464, "architecture_energy": 68.928, "architecture_maturity": 37.146, "architecture_confidence": 87.025, "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": 10.42, "rotation_up": 64.95, "upward_expansion": 87.37, "deceleration": 51.94, "rotation_down": 24.13, "downward_expansion": 11.7 }, "activity_lines": [ 32.80392, 32.510562, 32.026837, 31.310801 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 33.6586, "trend_reference": 30.48927, "distance_from_trend": 0.103949, "trend_direction": "Improving", "fair_value": 27.48837, "distance_from_fair_value": 0.224467, "fair_value_direction": "Improving", "relative_strength": 1.810221, "relative_strength_direction": "Improving", "price_momentum": 0.149005, "excess_performance": 0.02338, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.103949, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040728, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.224467, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048368, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.018102, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.015206, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.149005, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.728532, "read": "Demand-led" } ], "volume": { "latest": 26579, "relative_activity": 0.438307, "balance": 3.728532, "dry_up": 0.373037, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.023117, "annualized_volatility": 0.13074, "from_high_reference": -0.002708, "from_low_reference": 0.268024 }, "levels": { "trend_reference": 30.48927, "fair_value_reference": 27.48837, "structural_low": 26.914057, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.002849, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.007275, "regime_survival": 1.0, "best_return": 0.014954, "worst_return": -0.020652, "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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"regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.149942, "energy": 60.972365, "activity_lines": [ 32.22067, 32.059252, 31.277483, 30.671298 ] }, { "date": "2026-07-17", "close": 32.3262, "volume": 9531, "typical_volume": 59809.95, "trend": 30.13433, "fair_value": 27.306158, "relative_strength": 1.906353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.55655, "energy": 57.911404, "activity_lines": [ 32.29052, 32.133028, 31.457615, 30.820038 ] }, { "date": "2026-07-24", "close": 32.1639, "volume": 31720, "typical_volume": 59390.75, "trend": 30.229506, "fair_value": 27.36136, "relative_strength": 1.929613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.733613, "energy": 55.778943, "activity_lines": [ 32.274627, 32.160377, 31.607672, 30.950978 ] }, { "date": "2026-07-31", "close": 32.495, "volume": 22654, "typical_volume": 59799.35, "trend": 30.346834, "fair_value": 27.419041, "relative_strength": 1.802625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.474255, "energy": 55.992432, "activity_lines": [ 32.372173, 32.235882, 31.772093, 31.097139 ] }, { "date": "2026-08-07", "close": 33.6586, "volume": 26579, "typical_volume": 60640.1, "trend": 30.48927, "fair_value": 27.48837, "relative_strength": 1.810221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.464245, "energy": 68.928222, "activity_lines": [ 32.80392, 32.510562, 32.026837, 31.310801 ] } ], "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." } } }