{ "ticker": { "uuid": "e7db9d31-ca4f-4f8a-bd90-1ad7cea25bd4", "symbol": "EQTY", "name": "VALUED ADVISERS TRUST KOVITZ CORE EQUITY 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 87.79, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.757, "architecture_energy": 93.527, "architecture_maturity": 31.054, "architecture_confidence": 70.968, "architecture_tenure": "Developing", "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": 4.03, "rotation_up": 83.04, "upward_expansion": 97.3, "deceleration": 41.98, "rotation_down": 10.07, "downward_expansion": 21.63 }, "activity_lines": [ 29.11162, 28.688755, 28.16184, 27.763608 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 29.8813, "trend_reference": 27.460003, "distance_from_trend": 0.088175, "trend_direction": "Improving", "fair_value": 23.619762, "distance_from_fair_value": 0.265097, "fair_value_direction": "Improving", "relative_strength": -1.11565, "relative_strength_direction": "Improving", "price_momentum": 0.080698, "excess_performance": -0.044927, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088175, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021659, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.265097, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.061896, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.011157, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.05374, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.080698, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.039578, "read": "Demand-led" } ], "volume": { "latest": 51106, "relative_activity": 0.352849, "balance": 2.039578, "dry_up": 0.613635, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.020009, "annualized_volatility": 0.143015, "from_high_reference": -0.000793, "from_low_reference": 0.207774 }, "levels": { "trend_reference": 27.460003, "fair_value_reference": 23.619762, "structural_low": 24.7408, 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"volume": 141599, "typical_volume": 170545.15, "trend": 27.082793, "fair_value": 23.176177, "relative_strength": -5.956185, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.899362, "energy": 47.752473, "activity_lines": [ 27.66624, 27.564387, 27.149183, 27.121434 ] }, { "date": "2026-06-26", "close": 27.59, "volume": 152594, "typical_volume": 171103.05, "trend": 27.119237, "fair_value": 23.234523, "relative_strength": -3.834029, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.59694, "energy": 37.267127, "activity_lines": [ 27.645493, 27.580007, 27.20785, 27.154157 ] }, { "date": "2026-07-03", "close": 28.4358, "volume": 54763, "typical_volume": 169565.3, "trend": 27.173864, "fair_value": 23.299246, "relative_strength": -2.854511, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.027602, "energy": 62.588862, "activity_lines": [ 27.90268, 27.747409, 27.347355, 27.239096 ] }, { "date": "2026-07-10", "close": 28.5789, "volume": 118448, "typical_volume": 164367.85, "trend": 27.228322, "fair_value": 23.361336, "relative_strength": -3.536334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.89812, "energy": 73.618897, "activity_lines": [ 28.16718, 27.921385, 27.493182, 27.329744 ] }, { "date": "2026-07-17", "close": 28.58, "volume": 73030, "typical_volume": 160011.9, "trend": 27.283403, "fair_value": 23.423097, "relative_strength": -1.904693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.695508, "energy": 80.565148, "activity_lines": [ 28.358867, 28.073298, 27.632644, 27.416949 ] }, { "date": "2026-07-24", "close": 28.4439, "volume": 106181, "typical_volume": 155099.2, "trend": 27.324323, "fair_value": 23.483093, "relative_strength": -1.682021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.640968, "energy": 79.177039, "activity_lines": [ 28.449187, 28.179535, 27.754381, 27.491819 ] }, { "date": "2026-07-31", "close": 29.0493, "volume": 125194, "typical_volume": 152953.6, "trend": 27.39355, "fair_value": 23.548691, "relative_strength": -0.59274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.39168, "energy": 85.916633, "activity_lines": [ 28.69038, 28.37232, 27.925819, 27.603108 ] }, { "date": "2026-08-07", "close": 29.8813, "volume": 51106, "typical_volume": 144838.1, "trend": 27.460003, "fair_value": 23.619762, "relative_strength": -1.11565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.757254, "energy": 93.527185, "activity_lines": [ 29.11162, 28.688755, 28.16184, 27.763608 ] } ], "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." } } }