{ "ticker": { "uuid": "e9808ecd-a130-426e-9c89-3699e408c0e4", "symbol": "SDS", "name": "PROSHARES TRUST ULTRASHORT S&P 500 (POST REV SPLIT)", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -79.112, "architecture_energy": 54.752, "architecture_maturity": 61.883, "architecture_confidence": 96, "architecture_tenure": "Established", "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": 27.32, "rotation_up": 27.34, "upward_expansion": 8.0, "deceleration": 54.38, "rotation_down": 53.3, "downward_expansion": 81.33 }, "activity_lines": [ 56.090667, 56.729176, 57.816146, 60.436319 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 53.35, "trend_reference": 63.308819, "distance_from_trend": -0.157305, "trend_direction": "Weakening", "fair_value": 95.701175, "distance_from_fair_value": -0.442536, "fair_value_direction": "Weakening", "relative_strength": -28.81389, "relative_strength_direction": "Improving", "price_momentum": -0.200929, "excess_performance": -0.326554, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.157305, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.056001, "read": "Falling" 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"activity_lines": [ 57.552, 57.514088, 59.098526, 61.554636 ] }, { "date": "2026-07-31", "close": 57.13, "volume": 16222851, "typical_volume": 17881685.05, "trend": 63.72715, "fair_value": 96.299298, "relative_strength": -21.905122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.14189, "energy": 44.322018, "activity_lines": [ 57.377333, 57.465597, 58.599408, 61.105812 ] }, { "date": "2026-08-07", "close": 53.35, "volume": 14871021, "typical_volume": 17544441.1, "trend": 63.308819, "fair_value": 95.701175, "relative_strength": -28.81389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.11176, "energy": 54.751637, "activity_lines": [ 56.090667, 56.729176, 57.816146, 60.436319 ] } ], "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." } } }