{ "ticker": { "uuid": "50aefb5d-404f-4cec-be81-5047d10278e6", "symbol": "EMO", "name": "ClearBridge Energy Midstream Opportunity Fund Inc", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 69.499, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 53.385, "architecture_energy": 55.588, "architecture_maturity": 5.957, "architecture_confidence": 74.573, "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." }, "scores": { "balance": 30.72, "rotation_up": 63.24, "upward_expansion": 82.23, "deceleration": 49.05, "rotation_down": 12.71, "downward_expansion": 13.56 }, "activity_lines": [ 51.644865, 50.915782, 50.435429, 50.299634 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 51.0, "trend_reference": 49.782391, "distance_from_trend": 0.024459, "trend_direction": "Improving", "fair_value": 38.746197, "distance_from_fair_value": 0.316258, "fair_value_direction": "Weakening", "relative_strength": -2.394293, "relative_strength_direction": "Improving", "price_momentum": 0.078178, "excess_performance": -0.047447, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.024459, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05611, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.316258, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.020501, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.023943, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.004993, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.078178, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.304666, "read": "Demand-led" } ], "volume": { "latest": 189294, "relative_activity": 0.783634, "balance": 1.304666, "dry_up": 0.782252, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.04174, "annualized_volatility": 0.205024, "from_high_reference": -0.057692, "from_low_reference": 0.293312 }, "levels": { "trend_reference": 49.782391, "fair_value_reference": 38.746197, "structural_low": 46.922749, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": 0.014012, "positive_rate": 0.575, "directional_follow_through": 0.575, "median_excess_return": 0.008577, "regime_survival": 0.675, "best_return": 0.15181, "worst_return": -0.17669, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.032836, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.029189, "regime_survival": 0.466667, "best_return": 0.239299, "worst_return": -0.104937, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.100709, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.01651, "regime_survival": 0.444444, "best_return": 0.228083, "worst_return": 0.024617, "sufficient": true }, { "horizon": "Full cycle", 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"date": "2026-07-24", "close": 52.76, "volume": 166647, "typical_volume": 245633.85, "trend": 49.253987, "fair_value": 38.400374, "relative_strength": 5.550565, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.348275, "energy": 53.88161, "activity_lines": [ 51.401271, 50.523085, 50.235314, 50.05194 ] }, { "date": "2026-07-31", "close": 51.62, "volume": 189856, "typical_volume": 243706.55, "trend": 49.526753, "fair_value": 38.577625, "relative_strength": 2.178742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.912757, "energy": 55.42721, "activity_lines": [ 51.705933, 50.775829, 50.367127, 50.204586 ] }, { "date": "2026-08-07", "close": 51.0, "volume": 189294, "typical_volume": 241559.3, "trend": 49.782391, "fair_value": 38.746197, "relative_strength": -2.394293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.385328, "energy": 55.588051, "activity_lines": [ 51.644865, 50.915782, 50.435429, 50.299634 ] } ], "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." } } }