{ "ticker": { "uuid": "f5903977-1214-4fad-ba4c-f6335f17537d", "symbol": "GSC", "name": "GOLDMAN SACHS SMALL CAP EQUITY 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": 70.148, "architecture_energy": 53.516, "architecture_maturity": 58.442, "architecture_confidence": 60.721, "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": 15.06, "rotation_up": 45.33, "upward_expansion": 72.8, "deceleration": 74.14, "rotation_down": 28.5, "downward_expansion": 13.13 }, "activity_lines": [ 66.86616, 66.758649, 64.848612, 62.942933 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 68.0854, "trend_reference": 60.923918, "distance_from_trend": 0.117548, "trend_direction": "Improving", "fair_value": 49.024786, "distance_from_fair_value": 0.388795, "fair_value_direction": "Improving", "relative_strength": 11.276351, "relative_strength_direction": "Improving", "price_momentum": 0.141704, "excess_performance": 0.016079, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.117548, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.126247, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.388795, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054296, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.112764, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.038446, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.141704, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.307626, "read": "Demand-led" } ], "volume": { "latest": 24864, "relative_activity": 0.21219, "balance": 1.307626, "dry_up": 0.444141, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.036421, "annualized_volatility": 0.181906, "from_high_reference": -0.025542, "from_low_reference": 1.735189 }, "levels": { "trend_reference": 60.923918, "fair_value_reference": 49.024786, "structural_low": 24.898072, "invalidation": "A 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57.471414, "fair_value": 48.11311, "relative_strength": 13.020379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.602844, "energy": 85.437697, "activity_lines": [ 67.061176, 65.376424, 62.72364, 60.959249 ] }, { "date": "2026-07-17", "close": 66.78, "volume": 56681, "typical_volume": 114991.15, "trend": 58.867667, "fair_value": 48.341402, "relative_strength": 14.18465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.932424, "energy": 77.523718, "activity_lines": [ 67.074336, 65.881385, 63.331461, 61.559803 ] }, { "date": "2026-07-24", "close": 66.0918, "volume": 42472, "typical_volume": 115110.75, "trend": 59.21664, "fair_value": 48.565282, "relative_strength": 13.434435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.883383, "energy": 59.451174, "activity_lines": [ 66.750747, 66.168106, 63.832948, 62.025876 ] }, { "date": "2026-07-31", "close": 65.93, "volume": 84157, "typical_volume": 117934.3, "trend": 60.584371, "fair_value": 48.788126, "relative_strength": 11.746856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.316071, "energy": 51.56214, "activity_lines": [ 66.377887, 66.311094, 64.266786, 62.458996 ] }, { "date": "2026-08-07", "close": 68.0854, "volume": 24864, "typical_volume": 117177.9, "trend": 60.923918, "fair_value": 49.024786, "relative_strength": 11.276351, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.147518, "energy": 53.51583, "activity_lines": [ 66.86616, 66.758649, 64.848612, 62.942933 ] } ], "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." } } }