{
  "ticker": {
    "uuid": "cf577c97-82a8-4110-b67d-3196ace58326",
    "symbol": "FDLS",
    "name": "NORTHERN LIGHTS FUND TRUST IV INSPIRE FIDELIS MULTI FACTOR 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": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 74.646,
    "architecture_energy": 55.457,
    "architecture_maturity": 46.166,
    "architecture_confidence": 82.991,
    "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": 9.91,
        "rotation_up": 61.65,
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        "rotation_down": 22.56,
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
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    "trend_direction": "Improving",
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    "distance_from_fair_value": 0.378731,
    "fair_value_direction": "Improving",
    "relative_strength": 2.308048,
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        "label": "Price vs Trend",
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        "label": "Trend direction",
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.378731,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
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        "value": 0.002713,
        "read": "Closing upward"
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        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.02308,
        "read": "Leading"
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        "label": "Relative strength direction",
        "positive": false,
        "value": -0.022152,
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      {
        "label": "Price momentum",
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        "label": "Volume balance",
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        "value": 1.027532,
        "read": "Demand-led"
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "relative_strength": 0.114195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.616769,
        "energy": 45.72791,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 39.674265,
        "volume": 455595,
        "typical_volume": 174048.7,
        "trend": 37.834445,
        "fair_value": 30.280732,
        "relative_strength": 0.604182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.834258,
        "energy": 33.335402,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 41.530254,
        "volume": 135763,
        "typical_volume": 175719.85,
        "trend": 38.071006,
        "fair_value": 30.389809,
        "relative_strength": 4.529258,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.795335,
        "energy": 46.303032,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 172197.8,
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        "fair_value": 30.500767,
        "relative_strength": 3.082494,
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        "modifier": "Re-accelerating",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "volume": 100666,
        "typical_volume": 160788.2,
        "trend": 38.516786,
        "fair_value": 30.607049,
        "relative_strength": 5.930963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.884361,
        "energy": 53.202161,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 41.91,
        "volume": 394891,
        "typical_volume": 169584.8,
        "trend": 38.72796,
        "fair_value": 30.716999,
        "relative_strength": 4.292611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.101606,
        "energy": 67.751744,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 42.3901,
        "volume": 114924,
        "typical_volume": 167717.15,
        "trend": 38.923516,
        "fair_value": 30.826201,
        "relative_strength": 3.883567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.627079,
        "energy": 73.583476,
        "activity_lines": [
          41.913545,
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      },
      {
        "date": "2026-07-17",
        "close": 42.12,
        "volume": 289599,
        "typical_volume": 176255.75,
        "trend": 39.126222,
        "fair_value": 30.932266,
        "relative_strength": 4.639544,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.441637,
        "energy": 72.114259,
        "activity_lines": [
          42.032157,
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          40.788713,
          40.071179
        ]
      },
      {
        "date": "2026-07-24",
        "close": 41.87,
        "volume": 177254,
        "typical_volume": 173528.55,
        "trend": 39.310288,
        "fair_value": 31.034252,
        "relative_strength": 4.409267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.352135,
        "energy": 61.570897,
        "activity_lines": [
          42.02812,
          41.695751,
          40.98561,
          40.248197
        ]
      },
      {
        "date": "2026-07-31",
        "close": 42.3,
        "volume": 77997,
        "typical_volume": 169470.0,
        "trend": 39.525311,
        "fair_value": 31.140787,
        "relative_strength": 4.121214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.156767,
        "energy": 54.853409,
        "activity_lines": [
          42.135347,
          41.871743,
          41.201725,
          40.441082
        ]
      },
      {
        "date": "2026-08-07",
        "close": 43.09,
        "volume": 244606,
        "typical_volume": 174515.75,
        "trend": 39.731092,
        "fair_value": 31.253377,
        "relative_strength": 2.308048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.645551,
        "energy": 55.45731,
        "activity_lines": [
          42.45934,
          42.156332,
          41.465542,
          40.671062
        ]
      }
    ],
    "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."
    }
  }
}