{ "ticker": { "uuid": "faeadb89-5e17-4962-8fc8-4867537ad809", "symbol": "DTAN", "name": "SPARKLINE INTERNATIONAL INTANGIBLE VALUE 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 57.674, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 77.94, "architecture_energy": 67.126, "architecture_maturity": 37.644, "architecture_confidence": 68.013, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 35.53, "rotation_up": 69.35, "upward_expansion": 86.95, "deceleration": 45.27, "rotation_down": 11.37, "downward_expansion": 13.62 }, "activity_lines": [ 32.91936, 32.449384, 32.198982, 31.959957 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 34.0839, "trend_reference": 31.837734, "distance_from_trend": 0.07055, "trend_direction": "Improving", "fair_value": 28.641825, "distance_from_fair_value": 0.190004, "fair_value_direction": "Improving", "relative_strength": -2.387143, "relative_strength_direction": "Improving", "price_momentum": 0.038551, "excess_performance": -0.087074, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07055, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015917, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.190004, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.051697, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.023871, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.030223, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.038551, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.523674, "read": "Supply-led" } ], "volume": { "latest": 4346, "relative_activity": 0.490971, "balance": 0.523674, "dry_up": 0.493767, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.032565, "annualized_volatility": 0.188127, "from_high_reference": -0.009189, "from_low_reference": 0.202532 }, "levels": { "trend_reference": 31.837734, "fair_value_reference": 28.641825, "structural_low": 28.981553, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.010303, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.020718, "regime_survival": 1.0, "best_return": 0.023684, "worst_return": -0.020558, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.007972, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.029669, "regime_survival": 1.0, "best_return": 0.007972, "worst_return": 0.007972, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", 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"2026-07-17", "close": 31.8927, "volume": 1852, "typical_volume": 9686.3, "trend": 31.698354, "fair_value": 28.507972, "relative_strength": -5.190262, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.348949, "energy": 12.752426, "activity_lines": [ 31.873596, 31.933902, 31.778381, 31.719117 ] }, { "date": "2026-07-24", "close": 31.7354, "volume": 7486, "typical_volume": 9297.95, "trend": 31.711722, "fair_value": 28.540905, "relative_strength": -4.973484, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.191621, "energy": 14.635399, "activity_lines": [ 31.857582, 31.889557, 31.808671, 31.721507 ] }, { "date": "2026-07-31", "close": 33.0899, "volume": 3799, "typical_volume": 9181.85, "trend": 31.766108, "fair_value": 28.586854, "relative_strength": -1.957988, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.081904, "energy": 41.523394, "activity_lines": [ 32.281873, 32.086924, 31.963791, 31.810422 ] }, { "date": "2026-08-07", "close": 34.0839, "volume": 4346, "typical_volume": 8851.85, "trend": 31.837734, "fair_value": 28.641825, "relative_strength": -2.387143, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.940138, "energy": 67.12589, "activity_lines": [ 32.91936, 32.449384, 32.198982, 31.959957 ] } ], "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." } } }