{ "ticker": { "uuid": "f42b4576-5994-4ae1-a4b4-ea6c63d2bada", "symbol": "XFEB", "name": "FT VEST U.S. EQUITY ENHANCE & MODERATE BUFFER ETF - FEBRUARY", "exchange": "CBOE", "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": 48.482, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.759, "architecture_energy": 87.724, "architecture_maturity": 44.667, "architecture_confidence": 81.04, "architecture_tenure": "Established", "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": 6.57, "rotation_up": 67.24, "upward_expansion": 93.89, "deceleration": 45.03, "rotation_down": 26.7, "downward_expansion": 18.22 }, "activity_lines": [ 37.654587, 37.522067, 37.298283, 36.952646 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 37.91, "trend_reference": 36.553757, "distance_from_trend": 0.037103, "trend_direction": "Improving", "fair_value": 33.621143, "distance_from_fair_value": 0.127564, "fair_value_direction": "Improving", "relative_strength": -6.015653, "relative_strength_direction": "Improving", "price_momentum": 0.053884, "excess_performance": -0.071741, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.037103, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.018176, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.127564, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012878, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.060157, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001247, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.053884, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.288681, "read": "Demand-led" } ], "volume": { "latest": 44658, "relative_activity": 2.051737, "balance": 6.288681, "dry_up": 0.682143, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.005597, "annualized_volatility": 0.05425, "from_high_reference": 0.0, "from_low_reference": 0.103318 }, "levels": { "trend_reference": 36.553757, "fair_value_reference": 33.621143, "structural_low": 34.61, 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60.721188, "activity_lines": [ 37.21852, 37.167093, 36.736208, 36.477013 ] }, { "date": "2026-07-03", "close": 37.39, "volume": 8617, "typical_volume": 24111.65, "trend": 36.235297, "fair_value": 33.461031, "relative_strength": -4.619369, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.253643, "energy": 77.124474, "activity_lines": [ 37.273093, 37.223338, 36.832232, 36.555618 ] }, { "date": "2026-07-10", "close": 37.54, "volume": 9572, "typical_volume": 22715.25, "trend": 36.302507, "fair_value": 33.493662, "relative_strength": -5.337487, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.258793, "energy": 89.890524, "activity_lines": [ 37.373333, 37.293673, 36.935994, 36.639792 ] }, { "date": "2026-07-17", "close": 37.445, "volume": 1882, "typical_volume": 20259.15, "trend": 36.363513, "fair_value": 33.525022, "relative_strength": -3.934191, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.212489, "energy": 87.461518, "activity_lines": [ 37.414, 37.333375, 37.023756, 36.713501 ] }, { "date": "2026-07-24", "close": 37.42, "volume": 2938, "typical_volume": 19305.25, "trend": 36.42035, "fair_value": 33.555691, "relative_strength": -3.296561, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.320777, "energy": 85.672914, "activity_lines": [ 37.429333, 37.360622, 37.102, 36.781662 ] }, { "date": "2026-07-31", "close": 37.6447, "volume": 9912, "typical_volume": 19685.55, "trend": 36.48409, "fair_value": 33.587637, "relative_strength": -3.592881, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.241225, "energy": 88.533537, "activity_lines": [ 37.5139, 37.421542, 37.192977, 36.860652 ] }, { "date": "2026-08-07", "close": 37.91, "volume": 44658, "typical_volume": 21765.95, "trend": 36.553757, "fair_value": 33.621143, "relative_strength": -6.015653, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.75948, "energy": 87.723834, "activity_lines": [ 37.654587, 37.522067, 37.298283, 36.952646 ] } ], "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." } } }