{ "ticker": { "uuid": "339f95bd-2451-4ff6-9792-830663d91b9c", "symbol": "EMP", "name": "Entergy Mississippi LLC", "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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 80.195, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -73.715, "architecture_energy": 64.554, "architecture_maturity": 14.282, "architecture_confidence": 88.074, "architecture_tenure": "Developing", "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." }, "scores": { "balance": 6.77, "rotation_up": 16.67, "upward_expansion": 12.71, "deceleration": 40.97, "rotation_down": 69.6, "downward_expansion": 90.71 }, "activity_lines": [ 19.960967, 20.034838, 20.224465, 20.320832 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 19.8465, "trend_reference": 20.429313, "distance_from_trend": -0.028528, "trend_direction": "Weakening", "fair_value": 20.093575, "distance_from_fair_value": -0.012296, "fair_value_direction": "Weakening", "relative_strength": -14.183835, "relative_strength_direction": "Weakening", "price_momentum": -0.029394, "excess_performance": -0.155019, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.028528, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.00612, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.012296, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.05107, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.141838, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.045416, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.029394, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.022678, "read": "Demand-led" } ], "volume": { "latest": 52874, "relative_activity": 0.629789, "balance": 1.022678, "dry_up": 0.684103, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.01387, "annualized_volatility": 0.078463, "from_high_reference": -0.078441, "from_low_reference": 0.001337 }, "levels": { "trend_reference": 20.429313, "fair_value_reference": 20.093575, "structural_low": 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-10.603213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.394148, "energy": 66.047304, "activity_lines": [ 20.101915, 20.184683, 20.361584, 20.422754 ] }, { "date": "2026-07-24", "close": 19.96, "volume": 61100, "typical_volume": 83991.6, "trend": 20.46131, "fair_value": 20.078909, "relative_strength": -10.446981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.317271, "energy": 62.125739, "activity_lines": [ 20.044693, 20.132021, 20.315648, 20.389477 ] }, { "date": "2026-07-31", "close": 20.0, "volume": 85560, "typical_volume": 84211.35, "trend": 20.449183, "fair_value": 20.087118, "relative_strength": -10.878774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.067963, "energy": 61.621765, "activity_lines": [ 20.030933, 20.093863, 20.276758, 20.359715 ] }, { "date": "2026-08-07", "close": 19.8465, "volume": 52874, "typical_volume": 83955.15, "trend": 20.429313, "fair_value": 20.093575, "relative_strength": -14.183835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.715404, "energy": 64.553537, "activity_lines": [ 19.960967, 20.034838, 20.224465, 20.320832 ] } ], "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." } } }