{
  "ticker": {
    "uuid": "cffe49f9-82b7-4ca4-a892-b598ba91cb5e",
    "symbol": "VONE",
    "name": "VANGUARD RUSSELL 1000 INDEX FUND ETF SHARES",
    "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": 91.885,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 81.043,
    "architecture_energy": 56.014,
    "architecture_maturity": 50.632,
    "architecture_confidence": 78.335,
    "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": 14.28,
        "rotation_up": 56.37,
        "upward_expansion": 81.23,
        "deceleration": 60.99,
        "rotation_down": 25.33,
        "downward_expansion": 7.9
      },
      "activity_lines": [
        341.278667,
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        328.812653
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 350.17,
    "trend_reference": 321.428924,
    "distance_from_trend": 0.089417,
    "trend_direction": "Improving",
    "fair_value": 263.505715,
    "distance_from_fair_value": 0.32889,
    "fair_value_direction": "Improving",
    "relative_strength": -1.918862,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.122938,
    "excess_performance": -0.064516,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.089417,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.033547,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.32889,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.008487,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.019189,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.05097,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.122938,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.830428,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 352736,
      "relative_activity": 0.7444,
      "balance": 1.830428,
      "dry_up": 0.848301,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.024585,
      "annualized_volatility": 0.138353,
      "from_high_reference": -0.003557,
      "from_low_reference": 0.23174
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    "levels": {
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      "fair_value_reference": 263.505715,
      "structural_low": 284.830322,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 38,
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        "positive_rate": 0.657895,
        "directional_follow_through": 0.657895,
        "median_excess_return": -0.001667,
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        "best_return": 0.063767,
        "worst_return": -0.047904,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "worst_return": -0.166696,
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        "horizon": "Full cycle",
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 489869.85,
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        "stage": 2,
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      },
      {
        "date": "2026-07-24",
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        "volume": 425149,
        "typical_volume": 482250.35,
        "trend": 319.207937,
        "fair_value": 261.603771,
        "relative_strength": -1.190727,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-31",
        "close": 337.71,
        "volume": 355087,
        "typical_volume": 479476.5,
        "trend": 320.19364,
        "fair_value": 262.512338,
        "relative_strength": -0.65106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.13507,
        "energy": 44.46556,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 350.17,
        "volume": 352736,
        "typical_volume": 473853.05,
        "trend": 321.428924,
        "fair_value": 263.505715,
        "relative_strength": -1.918862,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.043146,
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        "activity_lines": [
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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."
    }
  }
}