{ "ticker": { "uuid": "d6513f1f-5521-40a6-8ff4-7e698843eb04", "symbol": "QTUM", "name": "DEFIANCE QUANTUM ETF", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 34.918, "architecture_energy": 25.71, "architecture_maturity": 73.201, "architecture_confidence": 91.723, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 45.01, "rotation_up": 23.31, "upward_expansion": 54.73, "deceleration": 91.11, "rotation_down": 36.66, "downward_expansion": 20.73 }, "activity_lines": [ 145.921333, 149.408628, 148.722453, 141.792615 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 153.46, "trend_reference": 133.152488, "distance_from_trend": 0.152513, "trend_direction": "Improving", "fair_value": 84.001832, "distance_from_fair_value": 0.826865, "fair_value_direction": "Weakening", "relative_strength": 11.510004, "relative_strength_direction": "Weakening", "price_momentum": 0.327871, "excess_performance": 0.140417, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.152513, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.1191, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.826865, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.092404, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.1151, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.027727, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.327871, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.974843, "read": "Supply-led" } ], "volume": { "latest": 1820688, "relative_activity": 0.637337, "balance": 0.974843, "dry_up": 0.707079, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.079665, "annualized_volatility": 0.332664, "from_high_reference": -0.09577, "from_low_reference": 0.713293 }, "levels": { "trend_reference": 133.152488, "fair_value_reference": 84.001832, "structural_low": 101.41, "invalidation": "A 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"activity_lines": [ 157.109464, 156.687553, 146.420871, 138.297875 ] }, { "date": "2026-07-17", "close": 141.69, "volume": 2370497, "typical_volume": 2816818.8, "trend": 129.986912, "fair_value": 82.176821, "relative_strength": 8.521528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.494429, "energy": 29.885576, "activity_lines": [ 151.396127, 154.32502, 146.978392, 139.120048 ] }, { "date": "2026-07-24", "close": 139.56, "volume": 1618674, "typical_volume": 2798475.1, "trend": 130.944232, "fair_value": 82.742251, "relative_strength": 8.190818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.992923, "energy": 25.483232, "activity_lines": [ 146.262, 151.629319, 147.211613, 139.737666 ] }, { "date": "2026-07-31", "close": 141.25, "volume": 2269823, "typical_volume": 2838268.55, "trend": 131.914055, "fair_value": 83.326471, "relative_strength": 8.429611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.968792, "energy": 24.830952, "activity_lines": [ 143.566, 149.300506, 147.46203, 140.402554 ] }, { "date": "2026-08-07", "close": 153.46, "volume": 1820688, "typical_volume": 2856710.6, "trend": 133.152488, "fair_value": 84.001832, "relative_strength": 11.510004, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.91786, "energy": 25.709921, "activity_lines": [ 145.921333, 149.408628, 148.722453, 141.792615 ] } ], "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." } } }