{ "ticker": { "uuid": "db4a5ab2-66ef-4984-af7f-c2eb93ba8260", "symbol": "NBCM", "name": "NEUBERGER BERMAN ETF TRUST COMMODITY STRATEGY 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": 75.376, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 45.125, "architecture_energy": 37.546, "architecture_maturity": 37.508, "architecture_confidence": 51.282, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 34.58, "rotation_up": 68.06, "upward_expansion": 70.27, "deceleration": 61.4, "rotation_down": 9.59, "downward_expansion": 11.27 }, "activity_lines": [ 28.604533, 28.078156, 28.274855, 28.073258 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 28.72, "trend_reference": 27.411093, "distance_from_trend": 0.047751, "trend_direction": "Improving", "fair_value": 21.234932, "distance_from_fair_value": 0.352488, "fair_value_direction": "Weakening", "relative_strength": 2.238782, "relative_strength_direction": "Weakening", "price_momentum": 0.189973, "excess_performance": 0.064348, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.047751, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068672, "read": "Rising" }, { "label": "Price vs current 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27.2168, "volume": 244550, "typical_volume": 324633.3, "trend": 26.224713, "fair_value": 20.81753, "relative_strength": 1.772056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.819256, "energy": 24.926802, "activity_lines": [ 28.02896, 28.624467, 28.390874, 27.531743 ] }, { "date": "2026-06-26", "close": 26.57, "volume": 528455, "typical_volume": 329967.15, "trend": 26.357845, "fair_value": 20.873426, "relative_strength": 1.626075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.616108, "energy": 26.533494, "activity_lines": [ 27.411167, 28.215038, 28.283525, 27.55402 ] }, { "date": "2026-07-03", "close": 26.54, "volume": 999079, "typical_volume": 367567.5, "trend": 26.479998, "fair_value": 20.928377, "relative_strength": -0.751155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.834718, "energy": 34.034055, "activity_lines": [ 26.983373, 27.823791, 28.161724, 27.565771 ] }, { "date": "2026-07-10", "close": 27.51, "volume": 331703, "typical_volume": 375448.15, "trend": 26.649387, "fair_value": 20.985945, "relative_strength": 1.359689, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.939787, "energy": 28.498633, "activity_lines": [ 27.046247, 27.65218, 28.120351, 27.632223 ] }, { "date": "2026-07-17", "close": 28.25, "volume": 373926, "typical_volume": 372800.5, "trend": 26.842883, "fair_value": 21.046053, "relative_strength": 5.491786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.828, "energy": 20.058141, "activity_lines": [ 27.417787, 27.654751, 28.136169, 27.735489 ] }, { "date": "2026-07-24", "close": 29.006, "volume": 516793, "typical_volume": 387908.6, "trend": 27.029597, "fair_value": 21.109288, "relative_strength": 8.604396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.405022, "energy": 21.888332, "activity_lines": [ 28.014, 27.818625, 28.209518, 27.875045 ] }, { "date": "2026-07-31", "close": 28.61, "volume": 256106, "typical_volume": 360891.0, "trend": 27.228093, "fair_value": 21.171596, "relative_strength": 5.681135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.823155, "energy": 32.287783, "activity_lines": [ 28.358933, 27.929664, 28.237877, 27.977006 ] }, { "date": "2026-08-07", "close": 28.72, "volume": 272756, "typical_volume": 348085.65, "trend": 27.411093, "fair_value": 21.234932, "relative_strength": 2.238782, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.124561, "energy": 37.545987, "activity_lines": [ 28.604533, 28.078156, 28.274855, 28.073258 ] } ], "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." } } }