{ "ticker": { "uuid": "fb6e5352-2bb9-4697-8b80-51fe32d31edb", "symbol": "SIXS", "name": "EXCHANGE TRADED CONCEPTS TRUST ETC 6 MERIDIAN 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 67.081, "architecture_energy": 65.112, "architecture_maturity": 33.686, "architecture_confidence": 74.164, "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": 5.24, "rotation_up": 67.93, "upward_expansion": 87.67, "deceleration": 62.54, "rotation_down": 18.81, "downward_expansion": 12.0 }, "activity_lines": [ 59.141672, 58.637592, 57.048557, 55.977895 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 59.1614, "trend_reference": 54.761942, "distance_from_trend": 0.080338, "trend_direction": "Improving", "fair_value": 47.627394, "distance_from_fair_value": 0.242172, "fair_value_direction": "Improving", "relative_strength": 0.589476, "relative_strength_direction": "Improving", "price_momentum": 0.09726, "excess_performance": -0.028365, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080338, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.050833, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.242172, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.055789, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.005895, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.025847, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.09726, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.421767, "read": "Supply-led" } ], "volume": { "latest": 84687, "relative_activity": 4.990512, "balance": 0.421767, "dry_up": 2.610006, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.023982, "annualized_volatility": 0.138492, "from_high_reference": -0.01956, "from_low_reference": 0.255254 }, "levels": { "trend_reference": 54.761942, "fair_value_reference": 47.627394, "structural_low": 50.538779, 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94.292364, "activity_lines": [ 57.360357, 56.058654, 54.951818, 54.312224 ] }, { "date": "2026-07-10", "close": 58.792044, "volume": 13278, "typical_volume": 12427.65, "trend": 53.645125, "fair_value": 47.191926, "relative_strength": 2.804327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.451151, "energy": 92.540762, "activity_lines": [ 58.097041, 56.687929, 55.393449, 54.660356 ] }, { "date": "2026-07-17", "close": 59.353122, "volume": 23315, "typical_volume": 12848.65, "trend": 53.937193, "fair_value": 47.305993, "relative_strength": 5.294592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.293072, "energy": 92.96252, "activity_lines": [ 58.716405, 57.348992, 55.866617, 55.028613 ] }, { "date": "2026-07-24", "close": 58.983663, "volume": 57300, "typical_volume": 14773.2, "trend": 54.204015, "fair_value": 47.412625, "relative_strength": 5.127608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.006638, "energy": 87.408974, "activity_lines": [ 58.987278, 57.861351, 56.279348, 55.354192 ] }, { "date": "2026-07-31", "close": 59.2172, "volume": 11861, "typical_volume": 13831.25, "trend": 54.507193, "fair_value": 47.518831, "relative_strength": 4.275818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.486345, "energy": 77.74805, "activity_lines": [ 59.101863, 58.301917, 56.685101, 55.677623 ] }, { "date": "2026-08-07", "close": 59.1614, "volume": 84687, "typical_volume": 16969.6, "trend": 54.761942, "fair_value": 47.627394, "relative_strength": 0.589476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.08054, "energy": 65.112017, "activity_lines": [ 59.141672, 58.637592, 57.048557, 55.977895 ] } ], "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." } } }