{ "ticker": { "uuid": "f1ae0988-a162-47dd-9adc-1ba29fb35636", "symbol": "APRH", "name": "Innovator Premium Income 20 Barrier ETF - April", "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": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 65.135, "architecture_energy": 48.384, "architecture_maturity": 19.212, "architecture_confidence": 74.909, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 33.97, "rotation_up": 62.15, "upward_expansion": 83.36, "deceleration": 47.9, "rotation_down": 15.96, "downward_expansion": 7.69 }, "activity_lines": [ 25.083667, 25.022354, 25.021261, 24.941489 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 25.18, "trend_reference": 24.804225, "distance_from_trend": 0.01515, "trend_direction": "Improving", "fair_value": 23.080533, "distance_from_fair_value": 0.090963, "fair_value_direction": "Weakening", "relative_strength": -8.813515, "relative_strength_direction": "Weakening", "price_momentum": 0.031707, "excess_performance": -0.093918, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.01515, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.007579, "read": "Rising" }, { "label": "Price vs 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"fair_value": 23.052765, "relative_strength": -6.246935, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 47.516715, "energy": 31.601535, "activity_lines": [ 25.028, 24.978727, 25.000378, 24.915464 ] }, { "date": "2026-08-07", "close": 25.18, "volume": 7136, "typical_volume": 29697.35, "trend": 24.804225, "fair_value": 23.080533, "relative_strength": -8.813515, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.135064, "energy": 48.383898, "activity_lines": [ 25.083667, 25.022354, 25.021261, 24.941489 ] } ], "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." } } }