{ "ticker": { "uuid": "50decdc6-bb76-4ef9-9b1e-a3a9119c82ef", "symbol": "MLPX", "name": "GLOBAL X FDS MLP & ENERGY INFRASTRUCTURE ETF(PST REV", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 62.796, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 43.53, "architecture_energy": 28.099, "architecture_maturity": 10.262, "architecture_confidence": 66.761, "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": 34.15, "rotation_up": 45.44, "upward_expansion": 73.41, "deceleration": 61.1, "rotation_down": 22.75, "downward_expansion": 4.74 }, "activity_lines": [ 74.912667, 74.696182, 74.24287, 73.506989 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 72.92, "trend_reference": 71.763719, "distance_from_trend": 0.016112, "trend_direction": "Improving", "fair_value": 54.73557, "distance_from_fair_value": 0.332223, "fair_value_direction": "Weakening", "relative_strength": -1.606903, "relative_strength_direction": "Weakening", "price_momentum": 0.111919, "excess_performance": -0.013706, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.016112, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.077743, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.332223, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.06138, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.016069, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.0407, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.111919, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.581304, "read": "Demand-led" } ], "volume": { "latest": 2243578, "relative_activity": 1.018099, "balance": 1.581304, "dry_up": 1.099694, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.043614, "annualized_volatility": 0.222129, "from_high_reference": -0.069423, "from_low_reference": 0.309634 }, "levels": { "trend_reference": 71.763719, "fair_value_reference": 54.73557, "structural_low": 65.433411, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.021493, "positive_rate": 0.641026, "directional_follow_through": 0.641026, "median_excess_return": 0.012702, "regime_survival": 0.717949, "best_return": 0.109089, "worst_return": -0.112214, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 16, "median_return": 0.047913, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.036972, "regime_survival": 0.625, "best_return": 0.175682, "worst_return": -0.071934, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.090543, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.020647, "regime_survival": 0.375, "best_return": 0.226536, "worst_return": -0.057014, "sufficient": true }, { "horizon": "Full 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"typical_volume": 2211113.6, "trend": 71.292597, "fair_value": 54.509574, "relative_strength": 4.907511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.673797, "energy": 43.776794, "activity_lines": [ 75.684, 74.950909, 74.320976, 73.401996 ] }, { "date": "2026-08-07", "close": 72.92, "volume": 2243578, "typical_volume": 2203693.55, "trend": 71.763719, "fair_value": 54.73557, "relative_strength": -1.606903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.529587, "energy": 28.098961, "activity_lines": [ 74.912667, 74.696182, 74.24287, 73.506989 ] } ], "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." } } }