{ "ticker": { "uuid": "ff89ca50-7e66-44b6-a27b-b16d9be8400d", "symbol": "TEQI", "name": "T ROWE PRICE EXCHANGE TRD FDS INC EQUITY INCOME 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.212, "architecture_energy": 90.224, "architecture_maturity": 37.547, "architecture_confidence": 81.031, "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": 0.0, "rotation_up": 79.88, "upward_expansion": 98.09, "deceleration": 40.26, "rotation_down": 15.86, "downward_expansion": 20.09 }, "activity_lines": [ 52.077327, 51.460483, 50.428616, 49.412188 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 52.85, "trend_reference": 48.294289, "distance_from_trend": 0.094332, "trend_direction": "Improving", "fair_value": 40.87929, "distance_from_fair_value": 0.292831, "fair_value_direction": "Improving", "relative_strength": 1.728751, "relative_strength_direction": "Improving", "price_momentum": 0.113768, "excess_performance": -0.011856, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094332, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047219, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.292831, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.052157, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.017288, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.032636, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.113768, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.440194, "read": "Demand-led" } ], "volume": { "latest": 109208, "relative_activity": 1.538129, "balance": 6.440194, "dry_up": 1.851119, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.017497, "annualized_volatility": 0.099212, "from_high_reference": -0.006579, "from_low_reference": 0.2669 }, "levels": { "trend_reference": 48.294289, "fair_value_reference": 40.87929, "structural_low": 44.0401, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": 0.012766, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.002953, "regime_survival": 0.742857, "best_return": 0.063002, "worst_return": -0.092546, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.008981, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.030181, "regime_survival": 0.642857, "best_return": 0.087914, "worst_return": -0.053183, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.061594, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": -0.033841, "regime_survival": 0.571429, "best_return": 0.100916, "worst_return": -0.019486, "sufficient": true }, { "horizon": 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"date": "2026-07-24", "close": 51.58, "volume": 302705, "typical_volume": 66714.5, "trend": 47.849393, "fair_value": 40.635679, "relative_strength": 4.040954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.973798, "energy": 86.578203, "activity_lines": [ 51.2232, 50.745014, 49.702092, 48.831148 ] }, { "date": "2026-07-31", "close": 52.0803, "volume": 43004, "typical_volume": 67214.15, "trend": 48.074796, "fair_value": 40.755518, "relative_strength": 3.825558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.46397, "energy": 88.020677, "activity_lines": [ 51.58684, 51.054144, 50.045965, 49.10411 ] }, { "date": "2026-08-07", "close": 52.85, "volume": 109208, "typical_volume": 71000.55, "trend": 48.294289, "fair_value": 40.87929, "relative_strength": 1.728751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.212396, "energy": 90.223547, "activity_lines": [ 52.077327, 51.460483, 50.428616, 49.412188 ] } ], "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." } } }