{ "ticker": { "uuid": "f4a70356-1d31-45b9-bb3f-7e59faa4440d", "symbol": "DJD", "name": "INVESCO EXCHANGE TRADED FD TR DOW JONES INDL AVERAGE DIV 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 78.531, "architecture_energy": 59.062, "architecture_maturity": 36.718, "architecture_confidence": 79.053, "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": 13.24, "rotation_up": 62.27, "upward_expansion": 81.99, "deceleration": 62.73, "rotation_down": 20.96, "downward_expansion": 8.66 }, "activity_lines": [ 64.7371, 64.300669, 63.19746, 62.43968 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 65.7813, "trend_reference": 61.571051, "distance_from_trend": 0.06838, "trend_direction": "Improving", "fair_value": 50.675124, "distance_from_fair_value": 0.298098, "fair_value_direction": "Improving", "relative_strength": -0.334917, "relative_strength_direction": "Improving", "price_momentum": 0.054831, "excess_performance": -0.070794, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.06838, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041025, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.298098, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.067963, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.003349, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.044472, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.054831, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.990904, "read": "Demand-led" } ], "volume": { "latest": 205037, "relative_activity": 1.036926, "balance": 1.990904, "dry_up": 1.075364, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.022002, "annualized_volatility": 0.103535, "from_high_reference": -0.006995, "from_low_reference": 0.258732 }, "levels": { "trend_reference": 61.571051, "fair_value_reference": 50.675124, "structural_low": 58.675, 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60.824227, "fair_value": 50.203104, "relative_strength": 0.39071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.115631, "energy": 63.960489, "activity_lines": [ 63.91666, 63.462633, 62.271473, 61.714319 ] }, { "date": "2026-07-24", "close": 64.01, "volume": 98772, "typical_volume": 197009.3, "trend": 61.052619, "fair_value": 50.35388, "relative_strength": 1.579436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.383608, "energy": 59.581351, "activity_lines": [ 64.024667, 63.654235, 62.521409, 61.919852 ] }, { "date": "2026-07-31", "close": 64.64, "volume": 294481, "typical_volume": 202999.6, "trend": 61.311358, "fair_value": 50.511906, "relative_strength": 1.414562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.603548, "energy": 55.13405, "activity_lines": [ 64.228667, 63.894429, 62.815408, 62.151296 ] }, { "date": "2026-08-07", "close": 65.7813, "volume": 205037, "typical_volume": 197735.4, "trend": 61.571051, "fair_value": 50.675124, "relative_strength": -0.334917, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.531377, "energy": 59.062388, "activity_lines": [ 64.7371, 64.300669, 63.19746, 62.43968 ] } ], "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." } } }