{ "ticker": { "uuid": "6208a4ca-117a-49af-a383-e0f2955585f6", "symbol": "ETG", "name": "Eaton Vance Tax-Advantaged Global Dividend 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 80.07, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.522, "architecture_energy": 67.158, "architecture_maturity": 29.753, "architecture_confidence": 82.07, "architecture_tenure": "Developing", "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": 13.42, "rotation_up": 63.03, "upward_expansion": 86.34, "deceleration": 48.67, "rotation_down": 19.32, "downward_expansion": 13.01 }, "activity_lines": [ 23.57075, 23.32223, 22.954893, 22.548586 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 24.29, "trend_reference": 22.243618, "distance_from_trend": 0.091999, "trend_direction": "Improving", "fair_value": 17.763232, "distance_from_fair_value": 0.367431, "fair_value_direction": "Improving", "relative_strength": 0.366202, "relative_strength_direction": "Improving", "price_momentum": 0.073999, "excess_performance": -0.051626, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.091999, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024505, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.367431, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.024124, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.003662, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.020267, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.073999, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.917953, "read": "Supply-led" } ], "volume": { "latest": 534961, "relative_activity": 0.882386, "balance": 0.917953, "dry_up": 0.713794, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.030789, "annualized_volatility": 0.192443, "from_high_reference": -0.00512, "from_low_reference": 0.277702 }, "levels": { "trend_reference": 22.243618, "fair_value_reference": 17.763232, "structural_low": 19.010692, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": 0.013623, "positive_rate": 0.648649, "directional_follow_through": 0.648649, "median_excess_return": -0.002843, "regime_survival": 0.756757, "best_return": 0.074797, "worst_return": -0.146722, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.045782, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": -0.011768, "regime_survival": 0.714286, "best_return": 0.112338, "worst_return": -0.084669, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.091047, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.023008, "regime_survival": 0.571429, "best_return": 0.169873, "worst_return": -0.230681, "sufficient": true }, { 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22.950732, 22.416274, 22.214224 ] }, { "date": "2026-07-17", "close": 23.02, "volume": 257712, "typical_volume": 632555.4, "trend": 22.124115, "fair_value": 17.570176, "relative_strength": -0.980929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.332044, "energy": 50.017731, "activity_lines": [ 23.09188, 22.978687, 22.520832, 22.275072 ] }, { "date": "2026-07-24", "close": 22.8, "volume": 361423, "typical_volume": 621733.2, "trend": 22.146337, "fair_value": 17.627869, "relative_strength": -1.322418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.37161, "energy": 42.25818, "activity_lines": [ 23.00995, 22.961974, 22.602009, 22.318678 ] }, { "date": "2026-07-31", "close": 23.61, "volume": 576903, "typical_volume": 617780.65, "trend": 22.190085, "fair_value": 17.693217, "relative_strength": 1.028727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.569393, "energy": 48.72146, "activity_lines": [ 23.206879, 23.089337, 22.753365, 22.413107 ] }, { "date": "2026-08-07", "close": 24.29, "volume": 534961, "typical_volume": 606266.65, "trend": 22.243618, "fair_value": 17.763232, "relative_strength": 0.366202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.52245, "energy": 67.158087, "activity_lines": [ 23.57075, 23.32223, 22.954893, 22.548586 ] } ], "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." } } }