{ "ticker": { "uuid": "eddca896-01a7-42e8-a6fa-6cbc33e56d9c", "symbol": "UJUN", "name": "Innovator U.S. Equity Ultra Buffer ETF - June", "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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 62.807, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 66.062, "architecture_energy": 36.38, "architecture_maturity": 16.474, "architecture_confidence": 73.468, "architecture_tenure": "Developing", "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": 32.82, "rotation_up": 53.92, "upward_expansion": 76.64, "deceleration": 56.36, "rotation_down": 18.74, "downward_expansion": 3.31 }, "activity_lines": [ 38.742667, 38.605818, 38.512832, 38.311597 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 39.24, "trend_reference": 38.063117, "distance_from_trend": 0.030919, "trend_direction": "Improving", "fair_value": 33.912622, "distance_from_fair_value": 0.157091, "fair_value_direction": "Weakening", "relative_strength": -6.884501, "relative_strength_direction": "Weakening", "price_momentum": 0.041628, "excess_performance": -0.083997, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.030919, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.01202, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.157091, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008261, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.068845, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000513, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.041628, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.629556, "read": "Demand-led" } ], "volume": { "latest": 60078, "relative_activity": 0.270104, "balance": 1.629556, "dry_up": 0.881566, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.01924, "annualized_volatility": 0.056211, "from_high_reference": -0.073652, "from_low_reference": 0.089395 }, "levels": { "trend_reference": 38.063117, "fair_value_reference": 33.912622, "structural_low": 36.7067, "invalidation": "A 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"deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.748394, "energy": 26.997647, "activity_lines": [ 38.478667, 38.447273, 38.381731, 38.196095 ] }, { "date": "2026-07-31", "close": 38.53, "volume": 192641, "typical_volume": 221591.45, "trend": 38.008117, "fair_value": 33.844674, "relative_strength": -5.578787, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.675928, "energy": 25.88268, "activity_lines": [ 38.505333, 38.461273, 38.416421, 38.23212 ] }, { "date": "2026-08-07", "close": 39.24, "volume": 60078, "typical_volume": 222425.6, "trend": 38.063117, "fair_value": 33.912622, "relative_strength": -6.884501, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 66.06224, "energy": 36.380128, "activity_lines": [ 38.742667, 38.605818, 38.512832, 38.311597 ] } ], "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." } } }