{ "ticker": { "uuid": "ccb30cde-8e81-449c-88d3-0dd8fc0d1635", "symbol": "GGME", "name": "INVESCO EXCHANGE TRADED FD TR NEXT GEN MEDIA AND GAMING 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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 53.997, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 73.264, "architecture_energy": 46.953, "architecture_maturity": 27.262, "architecture_confidence": 75.185, "architecture_tenure": "New", "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": 25.83, "rotation_up": 51.8, "upward_expansion": 79.57, "deceleration": 60.2, "rotation_down": 25.18, "downward_expansion": 6.24 }, "activity_lines": [ 61.65956, 61.175349, 60.42483, 58.803908 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 63.4783, "trend_reference": 57.089089, "distance_from_trend": 0.111916, "trend_direction": "Improving", "fair_value": 50.678072, "distance_from_fair_value": 0.252579, "fair_value_direction": "Improving", "relative_strength": -4.569203, "relative_strength_direction": "Improving", "price_momentum": 0.198762, "excess_performance": 0.073137, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.111916, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.00417, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.252579, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.016244, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.045692, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.048685, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.198762, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.845668, "read": "Demand-led" } ], "volume": { "latest": 46620, "relative_activity": 2.992307, "balance": 2.845668, "dry_up": 1.110514, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.03935, "annualized_volatility": 0.218827, "from_high_reference": -0.040824, "from_low_reference": 0.294824 }, "levels": { "trend_reference": 57.089089, "fair_value_reference": 50.678072, "structural_low": 49.024648, 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57.93251 ] }, { "date": "2026-07-24", "close": 60.3363, "volume": 3581, "typical_volume": 14014.15, "trend": 56.880129, "fair_value": 50.330496, "relative_strength": -5.811323, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.372904, "energy": 43.652223, "activity_lines": [ 60.969527, 60.801047, 59.668333, 58.156049 ] }, { "date": "2026-07-31", "close": 60.3525, "volume": 9056, "typical_volume": 13982.65, "trend": 56.908866, "fair_value": 50.49187, "relative_strength": -6.438473, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.23867, "energy": 39.675792, "activity_lines": [ 60.858127, 60.692982, 59.917142, 58.380073 ] }, { "date": "2026-08-07", "close": 63.4783, "volume": 46620, "typical_volume": 15579.95, "trend": 57.089089, "fair_value": 50.678072, "relative_strength": -4.569203, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.264043, "energy": 46.952551, "activity_lines": [ 61.65956, 61.175349, 60.42483, 58.803908 ] } ], "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." } } }