{ "ticker": { "uuid": "df4b2f4c-3768-4b96-b953-a2ef116d511f", "symbol": "LCR", "name": "LEUTHOLD CORE 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 51.653, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.768, "architecture_energy": 51.186, "architecture_maturity": 39.995, "architecture_confidence": 66.017, "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": 26.98, "rotation_up": 52.92, "upward_expansion": 77.64, "deceleration": 63.16, "rotation_down": 23.98, "downward_expansion": 6.64 }, "activity_lines": [ 39.840427, 39.712418, 39.460657, 39.127285 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 40.5357, "trend_reference": 38.81329, "distance_from_trend": 0.044377, "trend_direction": "Improving", "fair_value": 34.603262, "distance_from_fair_value": 0.171442, "fair_value_direction": "Improving", "relative_strength": -5.495538, "relative_strength_direction": "Improving", "price_momentum": 0.04728, "excess_performance": -0.078345, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.044377, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015461, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.171442, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.011833, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.054955, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.00857, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.04728, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.592021, "read": "Demand-led" } ], "volume": { "latest": 36176, "relative_activity": 1.586712, "balance": 1.592021, "dry_up": 0.911594, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.014444, "annualized_volatility": 0.083783, "from_high_reference": 0.0, "from_low_reference": 0.131554 }, "levels": { "trend_reference": 38.81329, "fair_value_reference": 34.603262, "structural_low": 36.63, "invalidation": 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"close": 39.4388, "volume": 11706, "typical_volume": 22495.75, "trend": 38.706823, "fair_value": 34.470707, "relative_strength": -4.091045, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.060376, "energy": 39.484986, "activity_lines": [ 39.52328, 39.521238, 39.233264, 38.959506 ] }, { "date": "2026-07-31", "close": 39.5233, "volume": 8220, "typical_volume": 21815.15, "trend": 38.7516, "fair_value": 34.533163, "relative_strength": -4.77012, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.741961, "energy": 32.218202, "activity_lines": [ 39.513147, 39.527513, 39.304054, 39.012182 ] }, { "date": "2026-08-07", "close": 40.5357, "volume": 36176, "typical_volume": 22799.35, "trend": 38.81329, "fair_value": 34.603262, "relative_strength": -5.495538, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.768442, "energy": 51.18572, "activity_lines": [ 39.840427, 39.712418, 39.460657, 39.127285 ] } ], "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." } } }