{ "ticker": { "uuid": "ec94a5fa-de87-4d94-9387-10173f3dbb10", "symbol": "MAYW", "name": "ALLIANZIM U.S. EQUITY BUFFER20 MAY ETF", "exchange": "CBOE", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 73.911, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 74.187, "architecture_energy": 51.048, "architecture_maturity": 36.781, "architecture_confidence": 68.146, "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": 19.57, "rotation_up": 62.29, "upward_expansion": 82.69, "deceleration": 51.69, "rotation_down": 19.17, "downward_expansion": 7.03 }, "activity_lines": [ 35.0379, 34.911515, 34.744299, 34.533325 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 35.3647, "trend_reference": 34.263193, "distance_from_trend": 0.032148, "trend_direction": "Improving", "fair_value": 30.67123, "distance_from_fair_value": 0.153025, "fair_value_direction": "Weakening", "relative_strength": -6.690675, "relative_strength_direction": "Improving", "price_momentum": 0.048216, "excess_performance": -0.077409, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.032148, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014579, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.153025, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.000859, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.066907, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.00598, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.048216, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.518232, "read": "Supply-led" } ], "volume": { "latest": 209430, "relative_activity": 0.259589, "balance": 0.518232, "dry_up": 0.224896, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.013813, "annualized_volatility": 0.036333, "from_high_reference": -0.001561, "from_low_reference": 0.089486 }, "levels": { "trend_reference": 34.263193, "fair_value_reference": 30.67123, "structural_low": 33.4839, 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34.808333, 34.7605, 34.602736, 34.406973 ] }, { "date": "2026-07-31", "close": 34.96, "volume": 236577, "typical_volume": 796508.9, "trend": 34.206303, "fair_value": 30.610978, "relative_strength": -4.739727, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.885403, "energy": 37.947608, "activity_lines": [ 34.869333, 34.80208, 34.657294, 34.45859 ] }, { "date": "2026-08-07", "close": 35.3647, "volume": 209430, "typical_volume": 806775.85, "trend": 34.263193, "fair_value": 30.67123, "relative_strength": -6.690675, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.187253, "energy": 51.047756, "activity_lines": [ 35.0379, 34.911515, 34.744299, 34.533325 ] } ], "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." } } }