{ "ticker": { "uuid": "d20d144c-9916-4742-b1f8-5cea763086d1", "symbol": "EDGE", "name": "MRBL ENHANCED EQUITY ETF", "exchange": "CBOE", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 86.16, "architecture_energy": 68.987, "architecture_maturity": 29.783, "architecture_confidence": 78.664, "architecture_tenure": "New", "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": 15.67, "rotation_up": 63.43, "upward_expansion": 84.79, "deceleration": 65.88, "rotation_down": 23.7, "downward_expansion": 11.46 }, "activity_lines": [ 50.53908, 50.120058, 49.420736, 48.463864 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 51.6487, "trend_reference": 47.397317, "distance_from_trend": 0.089697, "trend_direction": "Improving", "fair_value": 43.215502, "distance_from_fair_value": 0.195143, "fair_value_direction": "Improving", "relative_strength": 0.636189, "relative_strength_direction": "Improving", "price_momentum": 0.1191, "excess_performance": -0.006525, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089697, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036753, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.195143, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.045714, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006362, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.013317, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.1191, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.46882, "read": "Demand-led" } ], "volume": { "latest": 13734, "relative_activity": 1.205853, "balance": 1.46882, "dry_up": 1.475203, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.019127, "annualized_volatility": 0.133041, "from_high_reference": -0.000992, "from_low_reference": 0.254373 }, "levels": { "trend_reference": 47.397317, "fair_value_reference": 43.215502, "structural_low": 42.1958, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": 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null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-03", "close": 49.6706, "volume": 1093, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-10", "close": 50.5157, "volume": 6839, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-17", "close": 49.8199, "volume": 29740, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-24", "close": 49.54, "volume": 21388, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-31", "close": 50.2668, "volume": 2345, "typical_volume": 10891.95, "trend": 47.2097, "fair_value": 43.110087, "relative_strength": 1.420173, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.433517, "energy": 62.20742, "activity_lines": [ 49.977047, 49.741771, 49.073272, 48.177477 ] }, { "date": "2026-08-07", "close": 51.6487, "volume": 13734, "typical_volume": 11389.45, "trend": 47.397317, "fair_value": 43.215502, "relative_strength": 0.636189, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.160273, "energy": 68.986513, "activity_lines": [ 50.53908, 50.120058, 49.420736, 48.463864 ] } ], "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." } } }