{ "ticker": { "uuid": "cc5cedd1-356c-4307-b6b1-6b24ad70ebcf", "symbol": "VOX", "name": "VANGUARD WORLD FUND VANGUARD COMMNCTN SERV 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 78.007, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -48.416, "architecture_energy": 34.693, "architecture_maturity": 12.727, "architecture_confidence": 93.579, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 38.95, "rotation_up": 17.74, "upward_expansion": 7.26, "deceleration": 42.55, "rotation_down": 48.89, "downward_expansion": 73.59 }, "activity_lines": [ 184.788667, 185.434368, 188.086518, 188.431507 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 187.52, "trend_reference": 189.240794, "distance_from_trend": -0.009093, "trend_direction": "Weakening", "fair_value": 153.476954, "distance_from_fair_value": 0.221812, "fair_value_direction": "Weakening", "relative_strength": -11.083911, "relative_strength_direction": "Weakening", "price_momentum": -0.015029, "excess_performance": -0.140654, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.009093, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.005127, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.221812, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.125523, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.110839, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.075415, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.015029, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.723574, "read": "Supply-led" } ], "volume": { "latest": 1092411, "relative_activity": 0.805182, "balance": 0.723574, "dry_up": 1.051263, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.041587, "annualized_volatility": 0.203208, "from_high_reference": -0.063745, "from_low_reference": 0.087892 }, "levels": { "trend_reference": 189.240794, "fair_value_reference": 153.476954, 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189.78592, 190.00835 ] }, { "date": "2026-07-03", "close": 187.85, "volume": 2079080, "typical_volume": 1248959.95, "trend": 190.380116, "fair_value": 150.934343, "relative_strength": -8.368084, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.921237, "energy": 49.022595, "activity_lines": [ 185.56735, 188.600399, 189.65129, 189.832999 ] }, { "date": "2026-07-10", "close": 191.52, "volume": 1931958, "typical_volume": 1305199.5, "trend": 190.407767, "fair_value": 151.478896, "relative_strength": -7.719713, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.967041, "energy": 32.167082, "activity_lines": [ 187.406812, 188.689175, 189.860328, 189.90654 ] }, { "date": "2026-07-17", "close": 188.08, "volume": 914001, "typical_volume": 1303326.3, "trend": 190.305787, "fair_value": 152.01496, "relative_strength": -7.831594, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.53924, "energy": 25.783931, "activity_lines": [ 187.869186, 188.238377, 189.736134, 189.756362 ] }, { "date": "2026-07-24", "close": 179.81, "volume": 1708422, "typical_volume": 1320778.3, "trend": 189.849995, "fair_value": 152.468958, "relative_strength": -11.185497, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.704475, "energy": 32.722726, "activity_lines": [ 185.495333, 186.450141, 188.841312, 189.079214 ] }, { "date": "2026-07-31", "close": 181.78, "volume": 1990267, "typical_volume": 1373339.65, "trend": 189.489466, "fair_value": 152.953252, "relative_strength": -10.977984, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.192324, "energy": 33.152101, "activity_lines": [ 184.218, 185.299652, 188.183024, 188.558569 ] }, { "date": "2026-08-07", "close": 187.52, "volume": 1092411, "typical_volume": 1356725.2, "trend": 189.240794, "fair_value": 153.476954, "relative_strength": -11.083911, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.416447, "energy": 34.693448, "activity_lines": [ 184.788667, 185.434368, 188.086518, 188.431507 ] } ], "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." } } }