{ "ticker": { "uuid": "e05bc39b-a731-423d-a322-f34113eb1bed", "symbol": "IBDY", "name": "ISHARES TRUST IBONDS DEC 2033 TERM CORPORATE ETF USD", "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": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 63.132, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.508, "architecture_energy": 59.807, "architecture_maturity": 4.594, "architecture_confidence": 88.508, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 21.36, "rotation_up": 11.19, "upward_expansion": 13.12, "deceleration": 37.8, "rotation_down": 67.86, "downward_expansion": 88.78 }, "activity_lines": [ 25.328058, 25.409324, 25.480454, 25.525299 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 25.4, "trend_reference": 25.590117, "distance_from_trend": -0.007429, "trend_direction": "Weakening", "fair_value": 23.91652, "distance_from_fair_value": 0.062027, "fair_value_direction": "Weakening", "relative_strength": -11.374476, "relative_strength_direction": "Weakening", "price_momentum": -0.013441, "excess_performance": -0.139066, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.007429, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000898, "read": "Falling" 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"activity_lines": [ 25.318312, 25.42472, 25.492098, 25.538089 ] }, { "date": "2026-08-07", "close": 25.4, "volume": 1706100, "typical_volume": 1267510.65, "trend": 25.590117, "fair_value": 23.91652, "relative_strength": -11.374476, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.508171, "energy": 59.80713, "activity_lines": [ 25.328058, 25.409324, 25.480454, 25.525299 ] } ], "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." } } }