Experimental model · CBOE · Market · Weekly geometry

IYRI Trend Architecture

NEOS REAL ESTATE HIGH INCOME ETF

Week ending 7 Aug 2026Close USD 49.77History EstablishedBenchmark SPY
Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction
Upward Expansion · Early expansion

The weekly architecture is expanding upward.

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.

  • The up Trend gate is established within the current regime.
  • Fast Activity versus Slow Activity: improving.
  • Activity structure: wide and expanding.
Direction 60−100 bearish to +100 bullish
Energy 53/100directional strength
Maturity 8/100lifecycle context
Confidence 72/100evidence agreement
Trend gate Upstructural direction
Activity structure Wideexpanding separation
Price acceptance +83.3%position within the Activity structure
Fair Value context +7.7%USD 46.21 · improving
Trend Architecture map · Historical context

Weekly close, Activity, Trend and Fair Value

Background bands show the SM structural read recognized from information available at each completed observation. Trend, Activity and Fair Value are presented together as current and historical context.

CloseActivity LinesTrendCurrent Fair Value
Price vs TrendAbove+3.1%
Trend directionRising+2.2%
Price vs current Fair ValuePremium+7.7%
Fair Value directionClosing upward+1.1%
Relative Strength vs benchmarkLagging-6.5%
Relative strength directionImproving+0.2%
Price momentumPositive+4.4%
Volume balanceSupply-led0.89×
Comparative structural evidence

Why this architecture regime won

Every regime is evaluated
Balance11
Rotation Up64
Upward Expansion85
Deceleration47
Rotation Down16
Downward Expansion10

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Recent Trend Architecture ledger
RegimeRecognizedLast observationTenureMove inside regime
Upward Expansion2026-07-242026-08-07New-0.8%
Classic Stage Analysis comparison
Stage 1 · Basing33
Stage 2 · Advancing65
Stage 3 · Distribution67
Stage 4 · Declining35

Legacy result: Stage 2 · Stage 2A · Early advance. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus SPY

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Lagging benchmark

Architecture confirmation
24/100
Current Relative Strength
-6.46
Relative Strength direction
Improving
Price momentum
+4.4%
Excess performance vs benchmark
-8.1%
Sector regime cohort
26th percentile
Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry
Relative volume1.16×

Latest completed volume relative to typical participation.

Up/down volume0.89×

Participation balance between advancing and declining observations.

Accumulation / distribution4 / 3

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Regime bands repeat the state that was actually recognized at the time.

Decision architecture

References that would change the structural read

Evidence levels, not orders
Fast Activity USD 49.89rising
Slow Activity USD 48.73rising
Trend Reference USD 48.27+3.1% close margin
Current Fair Value USD 46.21+7.7% close margin
Structural low USD 45.05shock / repair context
What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +2.4%
Annualized volatility +13.1%
From structural high -1.7%
From structural low +11.4%
Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon Samples Median movePositive periodsDirectional follow-through Median excess vs SPY Regime survived Read
Near term0Too little matched history
Intermediate0Too little matched history
Extended0Too little matched history
Full cycle0Too little matched history
Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

Evidence context