{ "ticker": { "uuid": "d22a3184-63fe-4c18-a464-f1637fccb08e", "symbol": "ZSEP", "name": "Innovator Equity Defined Protection ETF - 1 Yr September", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.396, "architecture_energy": 90.072, "architecture_maturity": 42.276, "architecture_confidence": 79.433, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. 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"activity_lines": [ 27.571373, 27.51964, 27.36646, 27.237034 ] }, { "date": "2026-07-17", "close": 27.63, "volume": 40372, "typical_volume": 90518.15, "trend": 27.116, "fair_value": 26.042036, "relative_strength": -5.619074, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.673372, "energy": 88.690289, "activity_lines": [ 27.600787, 27.547475, 27.407352, 27.272045 ] }, { "date": "2026-07-24", "close": 27.635, "volume": 11827, "typical_volume": 88446.0, "trend": 27.141833, "fair_value": 26.058126, "relative_strength": -4.858211, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.234688, "energy": 87.416777, "activity_lines": [ 27.62154, 27.571218, 27.445292, 27.305529 ] }, { "date": "2026-07-31", "close": 27.707, "volume": 12656, "typical_volume": 87340.65, "trend": 27.17156, "fair_value": 26.074615, "relative_strength": -5.403063, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.556402, "energy": 89.554329, "activity_lines": [ 27.65696, 27.603058, 27.486256, 27.341991 ] }, { "date": "2026-08-07", "close": 27.77, "volume": 21420, "typical_volume": 86426.9, "trend": 27.20122, "fair_value": 26.091401, "relative_strength": -8.151267, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.396414, "energy": 90.071657, "activity_lines": [ 27.69958, 27.641225, 27.528663, 27.3806 ] } ], "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." } } }