{ "ticker": { "uuid": "d4d24f75-313c-40b7-bfa8-c91f21aa46fa", "symbol": "FAUG", "name": "FT VEST U.S. EQUITY BUFFER ETF - AUGUST", "exchange": "CBOE", "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": 61.501, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.566, "architecture_energy": 87.083, "architecture_maturity": 46.365, "architecture_confidence": 82.16, "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": 1.38, "rotation_up": 68.67, "upward_expansion": 96.6, "deceleration": 41.77, "rotation_down": 26.94, "downward_expansion": 18.6 }, "activity_lines": [ 57.018673, 56.749682, 56.247001, 55.501286 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 57.43, "trend_reference": 54.65157, "distance_from_trend": 0.050839, "trend_direction": "Improving", "fair_value": 47.111774, "distance_from_fair_value": 0.219016, "fair_value_direction": "Improving", "relative_strength": -4.342493, "relative_strength_direction": "Weakening", "price_momentum": 0.073845, "excess_performance": -0.05178, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.050839, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024438, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.219016, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.000158, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.043425, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.00137, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.073845, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.140221, "read": "Demand-led" } ], "volume": { "latest": 80759, "relative_activity": 0.420423, "balance": 3.140221, "dry_up": 0.344386, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.008288, "annualized_volatility": 0.07318, "from_high_reference": -0.000522, "from_low_reference": 0.144024 }, "levels": { "trend_reference": 54.65157, "fair_value_reference": 47.111774, "structural_low": 50.67, "invalidation": 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"direction": 67.755389, "energy": 85.532821, "activity_lines": [ 56.58614, 56.416173, 55.828757, 55.138843 ] }, { "date": "2026-07-31", "close": 57.09, "volume": 64544, "typical_volume": 194611.8, "trend": 54.519237, "fair_value": 46.991004, "relative_strength": -1.709156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.842403, "energy": 88.719753, "activity_lines": [ 56.78074, 56.562382, 56.033474, 55.313495 ] }, { "date": "2026-08-07", "close": 57.43, "volume": 80759, "typical_volume": 192089.85, "trend": 54.65157, "fair_value": 47.111774, "relative_strength": -4.342493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.56561, "energy": 87.08255, "activity_lines": [ 57.018673, 56.749682, 56.247001, 55.501286 ] } ], "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." } } }