{ "ticker": { "uuid": "edb939b0-e161-402c-ba25-de1093be3156", "symbol": "SIXL", "name": "EXCHANGE TRADED CONCEPTS TRUST ECF 6 MERIDIAN LOW BETA EQTY STRATGY 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": 69.483, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 66.357, "architecture_energy": 58.527, "architecture_maturity": 13.142, "architecture_confidence": 67.875, "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": 8.32, "rotation_up": 73.43, "upward_expansion": 87.78, "deceleration": 47.11, "rotation_down": 13.01, "downward_expansion": 9.78 }, "activity_lines": [ 40.00437, 39.721203, 39.108187, 38.839609 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 40.0543, "trend_reference": 38.540496, "distance_from_trend": 0.039278, "trend_direction": "Improving", "fair_value": 35.15097, "distance_from_fair_value": 0.139493, "fair_value_direction": "Improving", "relative_strength": -5.109726, "relative_strength_direction": "Improving", "price_momentum": 0.042061, "excess_performance": -0.083564, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.039278, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.025574, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.139493, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.031537, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.051097, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.028621, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.042061, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.972442, "read": "Demand-led" } ], "volume": { "latest": 216356, "relative_activity": 8.876107, "balance": 7.972442, "dry_up": 2.477569, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.021961, "annualized_volatility": 0.115629, "from_high_reference": -0.021154, "from_low_reference": 0.138154 }, "levels": { "trend_reference": 38.540496, "fair_value_reference": 35.15097, "structural_low": 36.947312, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": 0.004609, "positive_rate": 0.62963, "directional_follow_through": 0.62963, "median_excess_return": -0.009694, "regime_survival": 0.703704, "best_return": 0.048296, "worst_return": -0.073284, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.004804, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.019625, "regime_survival": 0.4, "best_return": 0.07019, "worst_return": -0.048423, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.026272, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.02619, "regime_survival": 0.2, "best_return": 0.069292, "worst_return": -0.064411, "sufficient": true }, { "horizon": "Full cycle", 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39.648574, 39.094532, 38.660155, 38.50553 ] }, { "date": "2026-07-24", "close": 40.058782, "volume": 16167, "typical_volume": 15120.2, "trend": 38.312385, "fair_value": 35.033536, "relative_strength": -0.984771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.402812, "energy": 79.436616, "activity_lines": [ 39.885549, 39.347393, 38.817917, 38.625329 ] }, { "date": "2026-07-31", "close": 40.0143, "volume": 5246, "typical_volume": 14299.85, "trend": 38.434863, "fair_value": 35.092268, "relative_strength": -2.040731, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.222891, "energy": 71.391116, "activity_lines": [ 39.960244, 39.546487, 38.965477, 38.73513 ] }, { "date": "2026-08-07", "close": 40.0543, "volume": 216356, "typical_volume": 24375.1, "trend": 38.540496, "fair_value": 35.15097, "relative_strength": -5.109726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.356747, "energy": 58.526909, "activity_lines": [ 40.00437, 39.721203, 39.108187, 38.839609 ] } ], "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." } } }