{ "ticker": { "uuid": "5745afc8-f3bf-4a0c-83c8-24747f55d998", "symbol": "YLDE", "name": "FRANKLIN CLEARBRIDGE ENHANCED INCOME ETF", "exchange": "NASDAQ", "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": "QQQ", "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": 60.736, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 81.354, "architecture_energy": 79.368, "architecture_maturity": 31.418, "architecture_confidence": 67.095, "architecture_tenure": "Established", "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": 5.19, "rotation_up": 80.05, "upward_expansion": 94.91, "deceleration": 39.77, "rotation_down": 11.34, "downward_expansion": 16.91 }, "activity_lines": [ 56.767639, 56.324224, 55.761957, 55.390259 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 57.3893, "trend_reference": 55.037962, "distance_from_trend": 0.042722, "trend_direction": "Improving", "fair_value": 47.040585, "distance_from_fair_value": 0.219995, "fair_value_direction": "Improving", "relative_strength": -6.453941, "relative_strength_direction": "Improving", "price_momentum": 0.033379, "excess_performance": -0.154075, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.042722, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023034, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.219995, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.022588, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.064539, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.06185, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.033379, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.587093, "read": "Demand-led" } ], "volume": { "latest": 151480, "relative_activity": 2.192409, "balance": 2.587093, "dry_up": 1.308129, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.015916, "annualized_volatility": 0.086736, "from_high_reference": -0.006987, "from_low_reference": 0.217219 }, "levels": { "trend_reference": 55.037962, "fair_value_reference": 47.040585, "structural_low": 52.074233, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.008933, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": -0.000776, "regime_survival": 0.761905, "best_return": 0.042359, "worst_return": -0.073322, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 16, "median_return": 0.01934, "positive_rate": 0.6875, "directional_follow_through": 0.6875, "median_excess_return": -0.005246, "regime_survival": 0.625, "best_return": 0.061472, "worst_return": -0.032513, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.072426, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": -0.032558, "regime_survival": 0.777778, "best_return": 0.124097, "worst_return": -0.121725, "sufficient": true }, { 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46.796934, "relative_strength": -3.397563, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.808154, "energy": 69.029468, "activity_lines": [ 56.147318, 55.808196, 55.349227, 55.104867 ] }, { "date": "2026-07-31", "close": 56.732897, "volume": 67452, "typical_volume": 64095.7, "trend": 54.913185, "fair_value": 46.916863, "relative_strength": -2.977844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.519509, "energy": 72.770515, "activity_lines": [ 56.397103, 56.019464, 55.531885, 55.230509 ] }, { "date": "2026-08-07", "close": 57.3893, "volume": 151480, "typical_volume": 69092.95, "trend": 55.037962, "fair_value": 47.040585, "relative_strength": -6.453941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.3537, "energy": 79.36831, "activity_lines": [ 56.767639, 56.324224, 55.761957, 55.390259 ] } ], "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." } } }