{
  "ticker": {
    "uuid": "33c4a587-574d-46db-9413-100168dee225",
    "symbol": "TXO",
    "name": "MorningStar Partners, L.P.",
    "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.",
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    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "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": 64.939,
    "architecture_energy": 51.706,
    "architecture_maturity": 11.281,
    "architecture_confidence": 82.863,
    "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."
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      "scores": {
        "balance": 29.88,
        "rotation_up": 61.48,
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        "deceleration": 49.32,
        "rotation_down": 14.53,
        "downward_expansion": 9.06
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
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    "trend_direction": "Improving",
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    "distance_from_fair_value": -0.01328,
    "fair_value_direction": "Improving",
    "relative_strength": 0.311031,
    "relative_strength_direction": "Improving",
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.01328,
        "read": "Below anchor"
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        "label": "Fair Value direction",
        "positive": true,
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        "read": "Closing upward"
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        "label": "Relative Strength vs benchmark",
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        "value": 0.00311,
        "read": "Leading"
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      {
        "label": "Relative strength direction",
        "positive": true,
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        "read": "Improving"
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      {
        "label": "Price momentum",
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        "read": "Positive"
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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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          12.818002,
          12.54473,
          12.25495
        ]
      },
      {
        "date": "2026-07-03",
        "close": 12.37,
        "volume": 475496,
        "typical_volume": 1008300.4,
        "trend": 11.841621,
        "fair_value": 13.993816,
        "relative_strength": -8.324698,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.615673,
        "energy": 17.738975,
        "activity_lines": [
          12.587333,
          12.759269,
          12.545257,
          12.290121
        ]
      },
      {
        "date": "2026-07-10",
        "close": 13.05,
        "volume": 481230,
        "typical_volume": 1002071.7,
        "trend": 11.902916,
        "fair_value": 13.981188,
        "relative_strength": -4.105392,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.835208,
        "energy": 20.78581,
        "activity_lines": [
          12.679333,
          12.816728,
          12.608691,
          12.368081
        ]
      },
      {
        "date": "2026-07-17",
        "close": 12.8,
        "volume": 765932,
        "typical_volume": 1005430.1,
        "trend": 11.991349,
        "fair_value": 13.969596,
        "relative_strength": -4.021618,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.375868,
        "energy": 16.482449,
        "activity_lines": [
          12.714,
          12.809455,
          12.643315,
          12.425957
        ]
      },
      {
        "date": "2026-07-24",
        "close": 13.14,
        "volume": 449194,
        "typical_volume": 949693.85,
        "trend": 12.095232,
        "fair_value": 13.957516,
        "relative_strength": -0.443561,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.543624,
        "energy": 27.832256,
        "activity_lines": [
          12.886667,
          12.849091,
          12.706011,
          12.500064
        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.43,
        "volume": 522642,
        "typical_volume": 924926.25,
        "trend": 12.194846,
        "fair_value": 13.948652,
        "relative_strength": 1.071315,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 59.850888,
        "energy": 38.437748,
        "activity_lines": [
          13.105333,
          12.940182,
          12.790851,
          12.586178
        ]
      },
      {
        "date": "2026-08-07",
        "close": 13.75,
        "volume": 887093,
        "typical_volume": 893385.8,
        "trend": 12.320646,
        "fair_value": 13.935057,
        "relative_strength": 0.311031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.938505,
        "energy": 51.706464,
        "activity_lines": [
          13.369333,
          13.094545,
          12.899495,
          12.686511
        ]
      }
    ],
    "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."
    }
  }
}