{ "ticker": { "uuid": "d004d42e-35a4-42d8-83aa-254c5680280f", "symbol": "QCLN", "name": "First Trust NASDAQ Clean Edge Green Energy Index Fund", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 52.758, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -35.279, "architecture_energy": 68.934, "architecture_maturity": 5.71, "architecture_confidence": 68.932, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 22.11, "rotation_up": 16.67, "upward_expansion": 32.49, "deceleration": 48.11, "rotation_down": 76.9, "downward_expansion": 59.82 }, "activity_lines": [ 921.4, 980.445455, 1014.680237, 989.530773 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 910.0, "trend_reference": 954.259729, "distance_from_trend": -0.046381, "trend_direction": "Improving", "fair_value": 729.603336, "distance_from_fair_value": 0.247253, "fair_value_direction": "Weakening", "relative_strength": 0.446699, "relative_strength_direction": "Weakening", "price_momentum": 0.076932, "excess_performance": 0.131598, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.046381, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.067396, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.247253, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.199282, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.004467, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.188792, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.076932, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.569892, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 2.569892, "dry_up": 0.054473, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.05186, "annualized_volatility": 0.366324, "from_high_reference": -0.225532, "from_low_reference": 0.373104 }, "levels": { "trend_reference": 954.259729, "fair_value_reference": 729.603336, "structural_low": 815.863525, "invalidation": "A sustained 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"relative_strength": 1.82312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.518707, "energy": 32.08162, "activity_lines": [ 980.2, 1034.236364, 1030.880383, 994.809405 ] }, { "date": "2026-07-31", "close": 910.0, "volume": 0, "typical_volume": 151.45, "trend": 952.492836, "fair_value": 729.169746, "relative_strength": 0.731406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.248668, "energy": 52.062431, "activity_lines": [ 943.533333, 1005.85, 1023.004445, 992.272247 ] }, { "date": "2026-08-07", "close": 910.0, "volume": 0, "typical_volume": 151.45, "trend": 954.259729, "fair_value": 729.603336, "relative_strength": 0.446699, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.278967, "energy": 68.933821, "activity_lines": [ 921.4, 980.445455, 1014.680237, 989.530773 ] } ], "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." } } }