{ "ticker": { "uuid": "e5a1e5ca-53e3-4c12-acd8-69a05fafe2f5", "symbol": "BRHY", "name": "BlackRock High Yield ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 71.854, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 47.844, "architecture_energy": 23.919, "architecture_maturity": 46.025, "architecture_confidence": 69.764, "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": 40.15, "rotation_up": 38.92, "upward_expansion": 63.03, "deceleration": 81.06, "rotation_down": 22.93, "downward_expansion": 13.03 }, "activity_lines": [ 50.728598, 50.732156, 50.655154, 50.521159 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 50.9192, "trend_reference": 50.40886, "distance_from_trend": 0.010124, "trend_direction": "Improving", "fair_value": 47.804971, "distance_from_fair_value": 0.065144, "fair_value_direction": "Improving", "relative_strength": -11.071005, "relative_strength_direction": "Improving", "price_momentum": 0.009227, "excess_performance": -0.178226, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.010124, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005888, "read": "Rising" }, { 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50.461435 ] }, { "date": "2026-07-24", "close": 50.482149, "volume": 188702, "typical_volume": 95727.7, "trend": 50.37429, "fair_value": 47.750786, "relative_strength": -7.460959, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.116807, "energy": 22.342769, "activity_lines": [ 50.673583, 50.699903, 50.583273, 50.46919 ] }, { "date": "2026-07-31", "close": 50.651152, "volume": 77544, "typical_volume": 97919.25, "trend": 50.39055, "fair_value": 47.776915, "relative_strength": -7.35057, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.734455, "energy": 18.751585, "activity_lines": [ 50.65287, 50.692673, 50.609011, 50.487052 ] }, { "date": "2026-08-07", "close": 50.9192, "volume": 198112, "typical_volume": 106399.5, "trend": 50.40886, "fair_value": 47.804971, "relative_strength": -11.071005, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.84367, "energy": 23.918774, "activity_lines": [ 50.728598, 50.732156, 50.655154, 50.521159 ] } ], "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." } } }