{ "ticker": { "uuid": "d9af9025-d081-4b5c-b4c6-6e715d8d7a90", "symbol": "BYRE", "name": "PRINCIPAL EXCHANGE-TRADED FDS REAL ESTATE ACTIVE OPPORTUNITIES ETF", "exchange": "NYSEARCA", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 68.143, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 59.263, "architecture_energy": 57.211, "architecture_maturity": 35.357, "architecture_confidence": 76.139, "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": 16.3, "rotation_up": 58.78, "upward_expansion": 81.68, "deceleration": 53.11, "rotation_down": 17.24, "downward_expansion": 10.68 }, "activity_lines": [ 27.858773, 27.686686, 27.385126, 27.022781 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 27.6517, "trend_reference": 26.538083, "distance_from_trend": 0.041963, "trend_direction": "Improving", "fair_value": 23.933334, "distance_from_fair_value": 0.155363, "fair_value_direction": "Weakening", "relative_strength": -4.14444, "relative_strength_direction": "Weakening", "price_momentum": 0.094788, "excess_performance": -0.030837, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041963, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040453, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.155363, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.006336, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.041444, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.003696, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.094788, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.883993, "read": "Supply-led" } ], "volume": { "latest": 17548, "relative_activity": 1.051351, "balance": 0.883993, "dry_up": 1.023627, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.025918, "annualized_volatility": 0.15531, "from_high_reference": -0.032311, "from_low_reference": 0.148548 }, "levels": { "trend_reference": 26.538083, "fair_value_reference": 23.933334, "structural_low": 24.581435, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.003777, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.022361, "regime_survival": 0.666667, "best_return": 0.090299, "worst_return": -0.065887, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.001636, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.057542, "regime_survival": 0.5, "best_return": 0.07158, "worst_return": -0.051267, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.014097, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.1072, "regime_survival": 0.0, "best_return": 0.016643, "worst_return": -0.024692, "sufficient": false }, { "horizon": "Full cycle", 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"relative_strength": -3.541395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.077525, "energy": 37.950539, "activity_lines": [ 27.302512, 27.219635, 26.907752, 26.581099 ] }, { "date": "2026-07-17", "close": 27.9734, "volume": 12670, "typical_volume": 16925.45, "trend": 26.182725, "fair_value": 23.79763, "relative_strength": 0.516007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.710407, "energy": 58.407411, "activity_lines": [ 27.53578, 27.369333, 27.041484, 26.70497 ] }, { "date": "2026-07-24", "close": 28.4712, "volume": 18498, "typical_volume": 17223.9, "trend": 26.31989, "fair_value": 23.843319, "relative_strength": 2.984106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.163428, "energy": 72.536757, "activity_lines": [ 27.897658, 27.594908, 27.216248, 26.852613 ] }, { "date": "2026-07-31", "close": 27.7401, "volume": 19625, "typical_volume": 17250.05, "trend": 26.43431, "fair_value": 23.888673, "relative_strength": -0.61107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.314273, "energy": 62.809292, "activity_lines": [ 27.896027, 27.653218, 27.309737, 26.94424 ] }, { "date": "2026-08-07", "close": 27.6517, "volume": 17548, "typical_volume": 16690.9, "trend": 26.538083, "fair_value": 23.933334, "relative_strength": -4.14444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.263085, "energy": 57.211461, "activity_lines": [ 27.858773, 27.686686, 27.385126, 27.022781 ] } ], "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." } } }