{ "ticker": { "uuid": "35d8ecc1-7a5f-4364-990e-80d1f50e228c", "symbol": "HMOP", "name": "HARTFORD FUNDS EXCHANGE TRADED TR MUNICIPAL OPPORTUNITIES 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": 85.834, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -51.305, "architecture_energy": 41.845, "architecture_maturity": 2.158, "architecture_confidence": 75.962, "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." }, "scores": { "balance": 34.37, "rotation_up": 11.91, "upward_expansion": 7.62, "deceleration": 42.64, "rotation_down": 62.51, "downward_expansion": 76.29 }, "activity_lines": [ 38.694087, 38.810777, 38.845179, 38.860878 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 38.82, "trend_reference": 38.896766, "distance_from_trend": -0.001974, "trend_direction": "Improving", "fair_value": 36.967019, "distance_from_fair_value": 0.050125, "fair_value_direction": "Weakening", "relative_strength": -10.442059, "relative_strength_direction": "Weakening", "price_momentum": -0.006964, "excess_performance": -0.132589, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.001974, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.003354, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.050125, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.011449, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.104421, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009626, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.006964, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.163418, "read": "Demand-led" } ], "volume": { "latest": 712927, "relative_activity": 1.990266, "balance": 1.163418, "dry_up": 1.304356, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.007883, "annualized_volatility": 0.036494, "from_high_reference": -0.017234, "from_low_reference": 0.047432 }, "levels": { "trend_reference": 38.896766, "fair_value_reference": 36.967019, "structural_low": 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38.844784, "volume": 435465, "typical_volume": 336195.45, "trend": 38.898291, "fair_value": 36.887149, "relative_strength": -7.537861, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.143824, "energy": 17.361237, "activity_lines": [ 38.974079, 38.970842, 38.908836, 38.914754 ] }, { "date": "2026-07-24", "close": 38.505789, "volume": 425361, "typical_volume": 342403.65, "trend": 38.897157, "fair_value": 36.91224, "relative_strength": -7.602009, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.235619, "energy": 27.306546, "activity_lines": [ 38.810859, 38.895041, 38.874613, 38.889431 ] }, { "date": "2026-07-31", "close": 38.53, "volume": 295165, "typical_volume": 346807.8, "trend": 38.895415, "fair_value": 36.938631, "relative_strength": -8.26905, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.135023, "energy": 44.927436, "activity_lines": [ 38.685351, 38.825483, 38.845216, 38.865744 ] }, { "date": "2026-08-07", "close": 38.82, "volume": 712927, "typical_volume": 358206.95, "trend": 38.896766, "fair_value": 36.967019, "relative_strength": -10.442059, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.304653, "energy": 41.844657, "activity_lines": [ 38.694087, 38.810777, 38.845179, 38.860878 ] } ], "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." } } }