{ "ticker": { "uuid": "f08251b5-238f-46b4-9e4d-6908e071160c", "symbol": "JMOM", "name": "JP MORGAN ETF TRUST US MOMENTUM FACTOR 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 58.111, "architecture_energy": 36.665, "architecture_maturity": 64.912, "architecture_confidence": 84.564, "architecture_tenure": "New", "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": 23.65, "rotation_up": 39.03, "upward_expansion": 62.44, "deceleration": 85.44, "rotation_down": 27.4, "downward_expansion": 21.44 }, "activity_lines": [ 82.262, 82.46194, 81.242581, 78.857795 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 84.27, "trend_reference": 75.89595, "distance_from_trend": 0.110336, "trend_direction": "Improving", "fair_value": 59.306939, "distance_from_fair_value": 0.420913, "fair_value_direction": "Improving", "relative_strength": 4.22197, "relative_strength_direction": "Weakening", "price_momentum": 0.196951, "excess_performance": 0.071326, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.110336, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.066711, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.420913, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007439, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.04222, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.00038, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.196951, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.716059, "read": "Supply-led" } ], "volume": { "latest": 576732, "relative_activity": 1.082737, "balance": 0.716059, "dry_up": 1.501129, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.036239, "annualized_volatility": 0.15728, "from_high_reference": -0.015997, "from_low_reference": 0.323381 }, "levels": { "trend_reference": 75.89595, "fair_value_reference": 59.306939, "structural_low": 65.43, "invalidation": "A sustained loss 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"Established expansion", "gate": "up", "direction": 63.748169, "energy": 55.141097, "activity_lines": [ 82.711626, 82.48527, 79.937016, 77.49435 ] }, { "date": "2026-07-24", "close": 81.07, "volume": 1257559, "typical_volume": 537815.9, "trend": 75.012143, "fair_value": 58.779518, "relative_strength": 5.149342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.278847, "energy": 42.992661, "activity_lines": [ 82.042667, 82.329973, 80.335459, 77.910758 ] }, { "date": "2026-07-31", "close": 80.84, "volume": 935870, "typical_volume": 551656.7, "trend": 75.418774, "fair_value": 59.032036, "relative_strength": 3.618858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.764736, "energy": 33.241502, "activity_lines": [ 81.506, 82.088942, 80.654979, 78.286748 ] }, { "date": "2026-08-07", "close": 84.27, "volume": 576732, "typical_volume": 532661.35, "trend": 75.89595, "fair_value": 59.306939, "relative_strength": 4.22197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.11052, "energy": 36.664912, "activity_lines": [ 82.262, 82.46194, 81.242581, 78.857795 ] } ], "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." } } }