{
  "ticker": {
    "uuid": "e0215411-a6cd-43aa-9028-45d092de7831",
    "symbol": "TRFK",
    "name": "PACER FDS TR DATA AND DIGITAL REVOLUTION 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": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 28.481,
    "architecture_energy": 21.665,
    "architecture_maturity": 74.963,
    "architecture_confidence": 93.77,
    "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": 53.03,
        "rotation_up": 19.21,
        "upward_expansion": 52.52,
        "deceleration": 93.94,
        "rotation_down": 32.29,
        "downward_expansion": 18.52
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      "activity_lines": [
        92.244,
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        94.032529,
        88.235687
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 94.71,
    "trend_reference": 80.635597,
    "distance_from_trend": 0.174543,
    "trend_direction": "Improving",
    "fair_value": 54.412902,
    "distance_from_fair_value": 0.74058,
    "fair_value_direction": "Weakening",
    "relative_strength": 14.175611,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.470209,
    "excess_performance": 0.344584,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.174543,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.148297,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.74058,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.095041,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.141756,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.097913,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.470209,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.27464,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 861655,
      "relative_activity": 1.073722,
      "balance": 1.27464,
      "dry_up": 1.229624,
      "accumulation_observations": 6,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.110879,
      "annualized_volatility": 0.376164,
      "from_high_reference": -0.180568,
      "from_low_reference": 0.610167
    },
    "levels": {
      "trend_reference": 80.635597,
      "fair_value_reference": 54.412902,
      "structural_low": 58.82,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.015516,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.006157,
        "regime_survival": 0.5,
        "best_return": 0.059477,
        "worst_return": -0.024423,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.054588,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.061332,
        "regime_survival": 0.0,
        "best_return": 0.059188,
        "worst_return": -0.195526,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.192615,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.113444,
        "regime_survival": 0.0,
        "best_return": 0.535391,
        "worst_return": 0.169926,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.11816,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.021025,
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        "worst_return": 0.11816,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-01-10",
        "tenure": "Extended",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-02-07",
        "tenure": "New",
        "return": 0.001718,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.082306,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-03-14",
        "tenure": "New",
        "return": 0.002045,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.176683,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.159235,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.060791,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-02-13",
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        "return": -0.024318,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "active": false
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      {
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      {
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      {
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        "active": true
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        "gate": "up",
        "direction": 86.920281,
        "energy": 95.228474,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 617102.35,
        "trend": 69.245306,
        "fair_value": 49.715376,
        "relative_strength": 27.374847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.773382,
        "energy": 95.379718,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 96.15,
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        "typical_volume": 655739.0,
        "trend": 71.11453,
        "fair_value": 50.607651,
        "relative_strength": 28.820486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "energy": 67.856522,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 1171854,
        "typical_volume": 666454.95,
        "trend": 72.226795,
        "fair_value": 51.055152,
        "relative_strength": 33.579536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
        "close": 101.29,
        "volume": 995655,
        "typical_volume": 693224.1,
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        "fair_value": 52.012624,
        "relative_strength": 33.411372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.622362,
        "energy": 64.841292,
        "activity_lines": [
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          81.930515
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      },
      {
        "date": "2026-07-03",
        "close": 96.62,
        "volume": 800039,
        "typical_volume": 695905.25,
        "trend": 75.889466,
        "fair_value": 52.435578,
        "relative_strength": 23.806326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
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        "energy": 59.208152,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 100.44,
        "volume": 863886,
        "typical_volume": 723720.05,
        "trend": 77.087719,
        "fair_value": 52.875952,
        "relative_strength": 26.112213,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.926063,
        "energy": 53.323992,
        "activity_lines": [
          100.814267,
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      },
      {
        "date": "2026-07-17",
        "close": 90.26,
        "volume": 1116567,
        "typical_volume": 759463.4,
        "trend": 77.955636,
        "fair_value": 53.250854,
        "relative_strength": 14.633678,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.999746,
        "energy": 32.993493,
        "activity_lines": [
          96.985133,
          98.563491,
          92.443652,
          85.763888
        ]
      },
      {
        "date": "2026-07-24",
        "close": 90.85,
        "volume": 814956,
        "typical_volume": 754866.0,
        "trend": 78.813891,
        "fair_value": 53.627115,
        "relative_strength": 15.554918,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.105008,
        "energy": 23.626868,
        "activity_lines": [
          94.076,
          97.221182,
          93.03631,
          86.595782
        ]
      },
      {
        "date": "2026-07-31",
        "close": 89.15,
        "volume": 1153886,
        "typical_volume": 782794.25,
        "trend": 79.627577,
        "fair_value": 53.998536,
        "relative_strength": 11.73874,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.789894,
        "energy": 22.297446,
        "activity_lines": [
          91.828667,
          95.557782,
          93.331824,
          87.262628
        ]
      },
      {
        "date": "2026-08-07",
        "close": 94.71,
        "volume": 861655,
        "typical_volume": 802493.85,
        "trend": 80.635597,
        "fair_value": 54.412902,
        "relative_strength": 14.175611,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.481226,
        "energy": 21.66479,
        "activity_lines": [
          92.244,
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          94.032529,
          88.235687
        ]
      }
    ],
    "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."
    }
  }
}