{ "ticker": { "uuid": "cd9bd064-0cc6-4576-ab25-dd66d899a00b", "symbol": "SQLV", "name": "ROYCE QUANT SMALL-CAP QUALITY VALUE 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": "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": 85.725, "architecture_energy": 72.086, "architecture_maturity": 54.995, "architecture_confidence": 80.528, "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": 4.89, "rotation_up": 72.5, "upward_expansion": 87.67, "deceleration": 62.52, "rotation_down": 19.07, "downward_expansion": 12.0 }, "activity_lines": [ 53.476173, 52.738554, 51.019707, 49.560233 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 54.8891, "trend_reference": 47.894848, "distance_from_trend": 0.146033, "trend_direction": "Improving", "fair_value": 41.111525, "distance_from_fair_value": 0.335127, "fair_value_direction": "Improving", "relative_strength": 5.629398, "relative_strength_direction": "Improving", "price_momentum": 0.184119, "excess_performance": -0.003334, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.146033, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068401, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.335127, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.118243, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.056294, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.111082, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.184119, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 8.998384, "read": "Demand-led" } ], "volume": { "latest": 25210, "relative_activity": 1.48002, "balance": 8.998384, "dry_up": 3.845866, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.029326, "annualized_volatility": 0.159395, "from_high_reference": -0.00743, "from_low_reference": 0.385613 }, "levels": { "trend_reference": 47.894848, "fair_value_reference": 41.111525, "structural_low": 42.684491, 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48.541643, 47.550067 ] }, { "date": "2026-07-10", "close": 52.5, "volume": 4473, "typical_volume": 5719.95, "trend": 46.608941, "fair_value": 40.693105, "relative_strength": 1.294819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.056368, "energy": 90.37154, "activity_lines": [ 51.913571, 50.724413, 49.045415, 47.948324 ] }, { "date": "2026-07-17", "close": 53.1056, "volume": 15502, "typical_volume": 6251.75, "trend": 46.929104, "fair_value": 40.798491, "relative_strength": 6.770066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.775593, "energy": 92.046376, "activity_lines": [ 52.46134, 51.324649, 49.576684, 48.367464 ] }, { "date": "2026-07-24", "close": 52.2093, "volume": 6598, "typical_volume": 5918.75, "trend": 47.214262, "fair_value": 40.893556, "relative_strength": 6.55075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.74082, "energy": 81.726664, "activity_lines": [ 52.534233, 51.677284, 49.98568, 48.708121 ] }, { "date": "2026-07-31", "close": 53.0895, "volume": 214725, "typical_volume": 15875.7, "trend": 47.556602, "fair_value": 40.995504, "relative_strength": 7.54496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.721187, "energy": 67.65051, "activity_lines": [ 52.744327, 52.088498, 50.440418, 49.087169 ] }, { "date": "2026-08-07", "close": 54.8891, "volume": 25210, "typical_volume": 17033.55, "trend": 47.894848, "fair_value": 41.111525, "relative_strength": 5.629398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.724576, "energy": 72.086145, "activity_lines": [ 53.476173, 52.738554, 51.019707, 49.560233 ] } ], "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." } } }