{
  "ticker": {
    "uuid": "cd26671b-f2b5-401c-804f-8cd9e9f710ba",
    "symbol": "SCHH",
    "name": "SCHWAB STRATEGIC TR US REIT 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": 83.563,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 58.481,
    "architecture_energy": 46.301,
    "architecture_maturity": 38.474,
    "architecture_confidence": 69.128,
    "architecture_tenure": "Established",
    "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": 16.95,
        "rotation_up": 54.9,
        "upward_expansion": 77.05,
        "deceleration": 61.07,
        "rotation_down": 19.73,
        "downward_expansion": 6.05
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 24.11,
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    "distance_from_trend": 0.049523,
    "trend_direction": "Improving",
    "fair_value": 20.411601,
    "distance_from_fair_value": 0.181191,
    "fair_value_direction": "Improving",
    "relative_strength": -2.754823,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.103326,
    "excess_performance": -0.022299,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.049523,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.048457,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.181191,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.006939,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.027548,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.001248,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.103326,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.145214,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 30573339,
      "relative_activity": 0.942077,
      "balance": 1.145214,
      "dry_up": 0.902355,
      "accumulation_observations": 1,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.032869,
      "annualized_volatility": 0.17033,
      "from_high_reference": -0.036756,
      "from_low_reference": 0.195037
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    "levels": {
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      "fair_value_reference": 20.411601,
      "structural_low": 21.0501,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 24,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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      },
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      },
      {
        "date": "2026-07-24",
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        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-31",
        "close": 24.28,
        "volume": 30263555,
        "typical_volume": 35060422.2,
        "trend": 22.869222,
        "fair_value": 20.371299,
        "relative_strength": 1.299023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "direction": 61.235061,
        "energy": 55.21738,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 24.11,
        "volume": 30573339,
        "typical_volume": 32453106.95,
        "trend": 22.972335,
        "fair_value": 20.411601,
        "relative_strength": -2.754823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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      }
    ],
    "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."
    }
  }
}