{ "ticker": { "uuid": "3297e644-27d4-4dfd-b838-28da642c9a79", "symbol": "BUI", "name": "BlackRock Utility Infrastructure & Power Opportunities Trust", "exchange": "NYSE", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 74.158, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 9.034, "architecture_energy": 14.734, "architecture_maturity": 77.461, "architecture_confidence": 80.889, "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": 53.72, "rotation_up": 17.57, "upward_expansion": 53.28, "deceleration": 90.92, "rotation_down": 39.27, "downward_expansion": 21.61 }, "activity_lines": [ 27.430474, 27.754741, 27.691079, 27.515973 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 26.95, "trend_reference": 27.248314, "distance_from_trend": -0.010948, "trend_direction": "Improving", "fair_value": 21.157012, "distance_from_fair_value": 0.273809, "fair_value_direction": "Weakening", "relative_strength": -6.892329, "relative_strength_direction": "Weakening", "price_momentum": 0.011443, "excess_performance": -0.114182, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.010948, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.050792, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.273809, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.064365, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.068923, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.056068, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.011443, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.801628, "read": "Supply-led" } ], "volume": { "latest": 470545, "relative_activity": 1.151826, "balance": 0.801628, "dry_up": 0.819529, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.033767, "annualized_volatility": 0.195658, "from_high_reference": -0.085107, "from_low_reference": 0.18153 }, "levels": { "trend_reference": 27.248314, "fair_value_reference": 21.157012, "structural_low": 25.046197, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.00412, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.005659, "regime_survival": 0.642857, "best_return": 0.11052, "worst_return": -0.082228, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.016652, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.037501, "regime_survival": 0.3, "best_return": 0.143322, "worst_return": -0.182787, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.037057, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.037611, "regime_survival": 0.333333, "best_return": 0.170856, "worst_return": -0.100511, 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"activity_lines": [ 28.308354, 28.070946, 27.634491, 27.387691 ] }, { "date": "2026-07-17", "close": 27.87, "volume": 304921, "typical_volume": 506245.0, "trend": 26.939812, "fair_value": 20.969942, "relative_strength": -0.032165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.41374, "energy": 40.749731, "activity_lines": [ 28.174641, 28.071633, 27.677934, 27.454809 ] }, { "date": "2026-07-24", "close": 27.87, "volume": 289490, "typical_volume": 439377.35, "trend": 27.074559, "fair_value": 21.032425, "relative_strength": 0.528145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.278086, "energy": 32.04441, "activity_lines": [ 28.060344, 28.059305, 27.727977, 27.514821 ] }, { "date": "2026-07-31", "close": 27.31, "volume": 274224, "typical_volume": 417391.6, "trend": 27.167594, "fair_value": 21.0954, "relative_strength": -2.489062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.633504, "energy": 15.295693, "activity_lines": [ 27.764581, 27.933334, 27.729011, 27.530011 ] }, { "date": "2026-08-07", "close": 26.95, "volume": 470545, "typical_volume": 408521.05, "trend": 27.248314, "fair_value": 21.157012, "relative_strength": -6.892329, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.034093, "energy": 14.734261, "activity_lines": [ 27.430474, 27.754741, 27.691079, 27.515973 ] } ], "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." } } }