{ "ticker": { "uuid": "cd0795af-f87e-4ce3-b664-7e7569412594", "symbol": "BAFE", "name": "BROWN ADVISORY FLEXIBLE EQUITY 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.583, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.728, "architecture_energy": 63.102, "architecture_maturity": 38.164, "architecture_confidence": 79.059, "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": 7.55, "rotation_up": 61.99, "upward_expansion": 82.94, "deceleration": 59.99, "rotation_down": 22.96, "downward_expansion": 9.61 }, "activity_lines": [ 29.57196, 29.328293, 28.910156, 28.329635 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 30.3756, "trend_reference": 27.742763, "distance_from_trend": 0.094902, "trend_direction": "Improving", "fair_value": 26.428751, "distance_from_fair_value": 0.149339, "fair_value_direction": "Improving", "relative_strength": -2.942315, "relative_strength_direction": "Improving", "price_momentum": 0.124165, "excess_performance": -0.063289, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094902, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.025715, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.149339, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.056762, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.029423, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.083011, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.124165, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.787048, "read": "Demand-led" } ], "volume": { "latest": 98721, "relative_activity": 0.277368, "balance": 2.787048, "dry_up": 0.424987, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.023214, "annualized_volatility": 0.147047, "from_high_reference": -0.006684, "from_low_reference": 0.24134 }, "levels": { "trend_reference": 27.742763, "fair_value_reference": 26.428751, "structural_low": 24.47, "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": -0.001084, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.035692, "regime_survival": 1.0, "best_return": 0.003631, "worst_return": -0.0058, "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": 75.610437, "energy": 74.527269, "activity_lines": [ 29.127293, 28.920031, 28.29102, 27.856762 ] }, { "date": "2026-07-17", "close": 29.0888, "volume": 191540, "typical_volume": 389321.0, "trend": 27.560625, "fair_value": 26.322112, "relative_strength": -3.900463, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.31575, "energy": 69.594924, "activity_lines": [ 29.152007, 28.981067, 28.43449, 27.959368 ] }, { "date": "2026-07-24", "close": 28.6611, "volume": 115342, "typical_volume": 369799.05, "trend": 27.59622, "fair_value": 26.348692, "relative_strength": -3.540766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.595296, "energy": 52.835348, "activity_lines": [ 29.00988, 28.951895, 28.52589, 28.030367 ] }, { "date": "2026-07-31", "close": 29.5271, "volume": 199443, "typical_volume": 364043.0, "trend": 27.66782, "fair_value": 26.384404, "relative_strength": -1.004389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.222966, "energy": 54.989216, "activity_lines": [ 29.181827, 29.073409, 28.68745, 28.15494 ] }, { "date": "2026-08-07", "close": 30.3756, "volume": 98721, "typical_volume": 355920.5, "trend": 27.742763, "fair_value": 26.428751, "relative_strength": -2.942315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.728042, "energy": 63.102246, "activity_lines": [ 29.57196, 29.328293, 28.910156, 28.329635 ] } ], "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." } } }