{ "ticker": { "uuid": "5a605cfb-0e6c-4160-adf5-374b5edcfe8f", "symbol": "NXG", "name": "Cushing NextGen Infrastructure Income Fund", "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": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 40.118, "architecture_energy": 22.967, "architecture_maturity": 55.978, "architecture_confidence": 84.864, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 36.98, "rotation_up": 32.9, "upward_expansion": 64.59, "deceleration": 85.42, "rotation_down": 26.41, "downward_expansion": 14.59 }, "activity_lines": [ 59.258988, 59.558243, 58.515341, 57.09832 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 59.57, "trend_reference": 54.945182, "distance_from_trend": 0.084172, "trend_direction": "Improving", "fair_value": 38.743679, "distance_from_fair_value": 0.537541, "fair_value_direction": "Weakening", "relative_strength": 4.96456, "relative_strength_direction": "Weakening", "price_momentum": 0.220082, "excess_performance": 0.094457, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084172, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.082967, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.537541, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.055063, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.049646, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.036856, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.220082, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.165093, "read": "Demand-led" } ], "volume": { "latest": 378026, "relative_activity": 0.756689, "balance": 1.165093, "dry_up": 1.312831, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.055021, "annualized_volatility": 0.226813, "from_high_reference": -0.085622, "from_low_reference": 0.467323 }, "levels": { "trend_reference": 54.945182, "fair_value_reference": 38.743679, "structural_low": 48.831655, "invalidation": "A 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"relative_strength": 8.464119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.343924, "energy": 56.128945, "activity_lines": [ 60.496759, 59.488769, 57.778313, 56.147859 ] }, { "date": "2026-07-24", "close": 59.95, "volume": 452065, "typical_volume": 476223.55, "trend": 54.218607, "fair_value": 38.305276, "relative_strength": 10.869081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.423725, "energy": 50.735938, "activity_lines": [ 60.416641, 59.689603, 58.143994, 56.544119 ] }, { "date": "2026-07-31", "close": 57.79, "volume": 624524, "typical_volume": 494653.0, "trend": 54.551286, "fair_value": 38.518436, "relative_strength": 5.663844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.473235, "energy": 34.914434, "activity_lines": [ 59.494283, 59.468619, 58.257011, 56.774532 ] }, { "date": "2026-08-07", "close": 59.57, "volume": 378026, "typical_volume": 499579.35, "trend": 54.945182, "fair_value": 38.743679, "relative_strength": 4.96456, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.117656, "energy": 22.96718, "activity_lines": [ 59.258988, 59.558243, 58.515341, 57.09832 ] } ], "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." } } }