{ "ticker": { "uuid": "ef62d5da-1b40-4e99-bea8-bb8bb9cf37fe", "symbol": "BIB", "name": "PROSHARES ULTRA NASDAQ BIOTECHNOLOGY", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 76.56, "architecture_energy": 56.036, "architecture_maturity": 40.888, "architecture_confidence": 77.306, "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": 19.02, "rotation_up": 58.45, "upward_expansion": 79.09, "deceleration": 66.98, "rotation_down": 20.54, "downward_expansion": 8.09 }, "activity_lines": [ 101.023747, 99.326607, 93.194914, 89.978949 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 106.438, "trend_reference": 86.859491, "distance_from_trend": 0.225404, "trend_direction": "Improving", "fair_value": 61.764948, "distance_from_fair_value": 0.723275, "fair_value_direction": "Improving", "relative_strength": 17.979861, "relative_strength_direction": "Improving", "price_momentum": 0.228368, "excess_performance": 0.040914, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.225404, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06735, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.723275, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.302831, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.179799, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.156517, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.228368, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.360175, "read": "Demand-led" } ], "volume": { "latest": 52873, "relative_activity": 1.035643, "balance": 1.360175, "dry_up": 0.827199, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.069992, "annualized_volatility": 0.413663, "from_high_reference": -0.034576, "from_low_reference": 1.126728 }, "levels": { "trend_reference": 86.859491, "fair_value_reference": 61.764948, "structural_low": 73.78, 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"up", "direction": 76.509474, "energy": 85.372436, "activity_lines": [ 99.300007, 92.675305, 87.753561, 86.101406 ] }, { "date": "2026-07-17", "close": 100.08, "volume": 44243, "typical_volume": 54217.55, "trend": 84.994294, "fair_value": 60.8143, "relative_strength": 18.225207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.147625, "energy": 84.008826, "activity_lines": [ 100.945747, 94.76776, 89.202349, 87.116369 ] }, { "date": "2026-07-24", "close": 97.8824, "volume": 37104, "typical_volume": 52414.15, "trend": 85.499437, "fair_value": 61.111089, "relative_strength": 16.577288, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.334308, "energy": 81.406678, "activity_lines": [ 100.697147, 96.148287, 90.385016, 87.94786 ] }, { "date": "2026-07-31", "close": 96.6087, "volume": 34705, "typical_volume": 50955.9, "trend": 86.065381, "fair_value": 61.410133, "relative_strength": 13.569644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.242726, "energy": 56.040288, "activity_lines": [ 99.166667, 96.976973, 91.364711, 88.664587 ] }, { "date": "2026-08-07", "close": 106.438, "volume": 52873, "typical_volume": 51053.3, "trend": 86.859491, "fair_value": 61.764948, "relative_strength": 17.979861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.560108, "energy": 56.035977, "activity_lines": [ 101.023747, 99.326607, 93.194914, 89.978949 ] } ], "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." } } }