{ "ticker": { "uuid": "e8418f63-9aa1-4714-92f3-85bb0c99f440", "symbol": "XT", "name": "ISHARES EXPONENTIAL TECHNOLOGIES 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": 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": 56.306, "architecture_energy": 31.571, "architecture_maturity": 59.356, "architecture_confidence": 87.785, "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": 26.79, "rotation_up": 37.16, "upward_expansion": 61.05, "deceleration": 85.18, "rotation_down": 27.11, "downward_expansion": 20.05 }, "activity_lines": [ 80.745513, 80.87941, 80.121525, 78.06172 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 82.84, "trend_reference": 75.667987, "distance_from_trend": 0.094783, "trend_direction": "Improving", "fair_value": 60.033649, "distance_from_fair_value": 0.379893, "fair_value_direction": "Improving", "relative_strength": 0.906303, "relative_strength_direction": "Improving", "price_momentum": 0.160018, "excess_performance": -0.027435, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094783, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054483, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.379893, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.010602, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.009063, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.024821, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.160018, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.394486, "read": "Demand-led" } ], "volume": { "latest": 409149, "relative_activity": 0.772783, "balance": 2.394486, "dry_up": 0.779545, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.036715, "annualized_volatility": 0.187114, "from_high_reference": -0.012222, "from_low_reference": 0.369454 }, "levels": { "trend_reference": 75.667987, "fair_value_reference": 60.033649, "structural_low": 65.186374, "invalidation": "A 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80.04, "volume": 442828, "typical_volume": 549952.05, "trend": 74.705635, "fair_value": 59.475806, "relative_strength": 1.714931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.322157, "energy": 45.614484, "activity_lines": [ 81.252, 81.216004, 79.086949, 77.019007 ] }, { "date": "2026-07-24", "close": 78.7409, "volume": 287260, "typical_volume": 523456.95, "trend": 74.980529, "fair_value": 59.640523, "relative_strength": 1.607908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.05446, "energy": 35.728553, "activity_lines": [ 80.369633, 80.79827, 79.322061, 77.279346 ] }, { "date": "2026-07-31", "close": 79.57, "volume": 511678, "typical_volume": 527864.3, "trend": 75.302671, "fair_value": 59.823149, "relative_strength": 2.005718, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.170006, "energy": 26.410825, "activity_lines": [ 79.99824, 80.531939, 79.591692, 77.575441 ] }, { "date": "2026-08-07", "close": 82.84, "volume": 409149, "typical_volume": 529448.55, "trend": 75.667987, "fair_value": 60.033649, "relative_strength": 0.906303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.306167, "energy": 31.570587, "activity_lines": [ 80.745513, 80.87941, 80.121525, 78.06172 ] } ], "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." } } }