{ "ticker": { "uuid": "00931c75-277b-4bf8-81ce-70dd6e848532", "symbol": "HESM", "name": "Hess Midstream Partners LP", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "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": 56.934, "architecture_energy": 59.177, "architecture_maturity": 6.348, "architecture_confidence": 74.602, "architecture_tenure": "New", "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": 28.39, "rotation_up": 67.73, "upward_expansion": 85.37, "deceleration": 46.05, "rotation_down": 12.49, "downward_expansion": 14.37 }, "activity_lines": [ 39.714335, 39.006063, 38.681976, 38.429009 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 39.8, "trend_reference": 37.748504, "distance_from_trend": 0.054346, "trend_direction": "Improving", "fair_value": 32.70759, "distance_from_fair_value": 0.216843, "fair_value_direction": "Improving", "relative_strength": -1.429219, "relative_strength_direction": "Improving", "price_momentum": 0.13639, "excess_performance": 0.010765, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054346, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.056526, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.216843, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003026, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.014292, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.02945, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.13639, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.564295, "read": "Demand-led" } ], "volume": { "latest": 7838005, "relative_activity": 0.993856, "balance": 1.564295, "dry_up": 0.666257, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.043211, "annualized_volatility": 0.205372, "from_high_reference": -0.031394, "from_low_reference": 0.341338 }, "levels": { "trend_reference": 37.748504, "fair_value_reference": 32.70759, "structural_low": 34.915363, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.013396, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.004953, "regime_survival": 0.722222, "best_return": 0.173852, "worst_return": -0.155583, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.014967, "positive_rate": 0.461538, "directional_follow_through": 0.461538, "median_excess_return": -0.031107, "regime_survival": 0.307692, "best_return": 0.136509, "worst_return": -0.16729, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.053667, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.014747, "regime_survival": 0.625, "best_return": 0.307091, "worst_return": -0.104149, "sufficient": true }, { "horizon": 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"stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.919937, "energy": 12.847639, "activity_lines": [ 37.611536, 37.991764, 38.106459, 37.745525 ] }, { "date": "2026-07-17", "close": 39.55873, "volume": 4282649, "typical_volume": 8157274.3, "trend": 37.052117, "fair_value": 32.418481, "relative_strength": 0.971278, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.212559, "energy": 19.517526, "activity_lines": [ 38.247593, 38.214755, 38.237448, 37.922466 ] }, { "date": "2026-07-24", "close": 39.85292, "volume": 3628937, "typical_volume": 7939901.15, "trend": 37.280952, "fair_value": 32.515057, "relative_strength": 2.508405, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.388449, "energy": 38.975289, "activity_lines": [ 38.910464, 38.465986, 38.388626, 38.103163 ] }, { "date": "2026-07-31", "close": 40.03924, "volume": 5268031, "typical_volume": 7889764.65, "trend": 37.507684, "fair_value": 32.613357, "relative_strength": 2.249304, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.111681, "energy": 54.449135, "activity_lines": [ 39.431248, 38.751948, 38.551028, 38.281117 ] }, { "date": "2026-08-07", "close": 39.8, "volume": 7838005, "typical_volume": 7886458.85, "trend": 37.748504, "fair_value": 32.70759, "relative_strength": -1.429219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.934111, "energy": 59.176514, "activity_lines": [ 39.714335, 39.006063, 38.681976, 38.429009 ] } ], "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." } } }