{
  "ticker": {
    "uuid": "2373f299-d661-4ee6-b6de-b5e0419a8578",
    "symbol": "CGMU",
    "name": "CAPITAL GROUP FIXED INCOME ETF TR MUNICIPAL 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 85.402,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -55.815,
    "architecture_energy": 55.299,
    "architecture_maturity": 2.312,
    "architecture_confidence": 73.431,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
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      "scores": {
        "balance": 34.8,
        "rotation_up": 11.05,
        "upward_expansion": 11.75,
        "deceleration": 39.07,
        "rotation_down": 67.78,
        "downward_expansion": 80.41
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
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    "distance_from_fair_value": 0.050995,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.561657,
    "relative_strength_direction": "Weakening",
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        "label": "Price vs Trend",
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        "read": "Below"
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        "label": "Trend direction",
        "positive": true,
        "value": 0.0037,
        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.050995,
        "read": "Premium"
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        "label": "Fair Value direction",
        "positive": false,
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        "read": "Moving away"
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        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.105617,
        "read": "Lagging"
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      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.012882,
        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.008672,
        "read": "Negative"
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        "label": "Volume balance",
        "positive": true,
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        "read": "Demand-led"
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      "accumulation_observations": 3,
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      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.087562,
        "energy": 14.49528,
        "activity_lines": [
          27.223122,
          27.220244,
          27.233399,
          27.22432
        ]
      },
      {
        "date": "2026-06-12",
        "close": 27.312935,
        "volume": 5258540,
        "typical_volume": 5682457.75,
        "trend": 27.186443,
        "fair_value": 25.670382,
        "relative_strength": -7.98887,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.726638,
        "energy": 24.616146,
        "activity_lines": [
          27.261394,
          27.237801,
          27.237691,
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        ]
      },
      {
        "date": "2026-06-19",
        "close": 27.392739,
        "volume": 3372131,
        "typical_volume": 5625838.35,
        "trend": 27.2035,
        "fair_value": 25.691638,
        "relative_strength": -8.251053,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 61.06952,
        "energy": 40.207272,
        "activity_lines": [
          27.322133,
          27.265975,
          27.249011,
          27.246803
        ]
      },
      {
        "date": "2026-06-26",
        "close": 27.343723,
        "volume": 4984773,
        "typical_volume": 5501811.15,
        "trend": 27.21765,
        "fair_value": 25.712805,
        "relative_strength": -5.957534,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 44.396208,
        "energy": 47.540784,
        "activity_lines": [
          27.343814,
          27.282242,
          27.255072,
          27.25585
        ]
      },
      {
        "date": "2026-07-03",
        "close": 27.400896,
        "volume": 4860750,
        "typical_volume": 5479818.8,
        "trend": 27.233707,
        "fair_value": 25.734833,
        "relative_strength": -7.531213,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.40878,
        "energy": 57.31558,
        "activity_lines": [
          27.366426,
          27.30861,
          27.266786,
          27.267672
        ]
      },
      {
        "date": "2026-07-10",
        "close": 27.311188,
        "volume": 4664820,
        "typical_volume": 5531592.85,
        "trend": 27.247757,
        "fair_value": 25.755559,
        "relative_strength": -8.819159,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.060467,
        "energy": 49.322041,
        "activity_lines": [
          27.352607,
          27.317152,
          27.270459,
          27.272671
        ]
      },
      {
        "date": "2026-07-17",
        "close": 27.241415,
        "volume": 5527330,
        "typical_volume": 5529712.2,
        "trend": 27.257514,
        "fair_value": 25.775168,
        "relative_strength": -7.405046,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.542686,
        "energy": 19.204661,
        "activity_lines": [
          27.315647,
          27.311008,
          27.268556,
          27.272262
        ]
      },
      {
        "date": "2026-07-24",
        "close": 26.962323,
        "volume": 4650414,
        "typical_volume": 5476208.9,
        "trend": 27.257406,
        "fair_value": 25.793338,
        "relative_strength": -7.610417,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.466737,
        "energy": 33.797206,
        "activity_lines": [
          27.190424,
          27.254292,
          27.241911,
          27.253217
        ]
      },
      {
        "date": "2026-07-31",
        "close": 27.0,
        "volume": 6556737,
        "typical_volume": 5530360.45,
        "trend": 27.256581,
        "fair_value": 25.81252,
        "relative_strength": -8.210979,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -70.177839,
        "energy": 55.992242,
        "activity_lines": [
          27.106454,
          27.206057,
          27.220982,
          27.236611
        ]
      },
      {
        "date": "2026-08-07",
        "close": 27.15,
        "volume": 6550478,
        "typical_volume": 5448115.85,
        "trend": 27.256153,
        "fair_value": 25.832664,
        "relative_strength": -10.561657,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.815338,
        "energy": 55.298552,
        "activity_lines": [
          27.095399,
          27.1864,
          27.215722,
          27.229734
        ]
      }
    ],
    "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."
    }
  }
}