{ "ticker": { "uuid": "20c78f96-a165-41c9-81d7-7d4c6bc064f4", "symbol": "KRP", "name": "Kimbell Royalty 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": 51.265, "architecture_energy": 30.574, "architecture_maturity": 15.884, "architecture_confidence": 72.081, "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": 33.86, "rotation_up": 47.97, "upward_expansion": 75.96, "deceleration": 62.35, "rotation_down": 21.61, "downward_expansion": 2.62 }, "activity_lines": [ 14.950667, 14.886727, 14.85038, 14.644101 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 14.98, "trend_reference": 14.212672, "distance_from_trend": 0.053989, "trend_direction": "Improving", "fair_value": 12.722592, "distance_from_fair_value": 0.177433, "fair_value_direction": "Improving", "relative_strength": 0.190888, "relative_strength_direction": "Improving", "price_momentum": 0.144064, "excess_performance": 0.018439, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.053989, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.079251, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.177433, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.031935, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.001909, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.016181, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.144064, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.609144, "read": "Demand-led" } ], "volume": { "latest": 5700663, "relative_activity": 1.502906, "balance": 2.609144, "dry_up": 0.987397, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.042541, "annualized_volatility": 0.180718, "from_high_reference": -0.051899, "from_low_reference": 0.394929 }, "levels": { "trend_reference": 14.212672, "fair_value_reference": 12.722592, "structural_low": 12.979733, 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"fair_value": 12.612983, "relative_strength": 0.273924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.794666, "energy": 19.580133, "activity_lines": [ 14.706667, 14.850079, 14.707059, 14.368199 ] }, { "date": "2026-07-17", "close": 14.98, "volume": 3200034, "typical_volume": 3895567.0, "trend": 13.83802, "fair_value": 12.640191, "relative_strength": 3.857739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.172549, "energy": 19.646313, "activity_lines": [ 14.766667, 14.870674, 14.75314, 14.450894 ] }, { "date": "2026-07-24", "close": 14.94, "volume": 2882342, "typical_volume": 3842653.8, "trend": 13.969511, "fair_value": 12.665038, "relative_strength": 4.272634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.202608, "energy": 20.040178, "activity_lines": [ 14.832, 14.869273, 14.788915, 14.521989 ] }, { "date": "2026-07-31", "close": 14.97, "volume": 3198126, "typical_volume": 3766636.7, "trend": 14.08776, "fair_value": 12.695247, "relative_strength": 3.505869, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.414546, "energy": 27.836624, "activity_lines": [ 14.896, 14.875091, 14.821514, 14.586537 ] }, { "date": "2026-08-07", "close": 14.98, "volume": 5700663, "typical_volume": 3793094.1, "trend": 14.212672, "fair_value": 12.722592, "relative_strength": 0.190888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.264967, "energy": 30.574459, "activity_lines": [ 14.950667, 14.886727, 14.85038, 14.644101 ] } ], "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." } } }