{ "ticker": { "uuid": "66cc72b3-793c-4d00-8749-12e43431ab55", "symbol": "SMC", "name": "Summit Midstream Corporation", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 35.088, "architecture_energy": 21.71, "architecture_maturity": 21.614, "architecture_confidence": 81.085, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 48.24, "rotation_up": 48.64, "upward_expansion": 70.15, "deceleration": 47.76, "rotation_down": 16.39, "downward_expansion": 11.15 }, "activity_lines": [ 30.388, 30.110182, 29.945762, 29.954495 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 30.35, "trend_reference": 29.749667, "distance_from_trend": 0.020179, "trend_direction": "Improving", "fair_value": 30.491887, "distance_from_fair_value": -0.004653, "fair_value_direction": "Improving", "relative_strength": 0.139793, "relative_strength_direction": "Weakening", "price_momentum": 0.06566, "excess_performance": -0.059965, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.020179, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052651, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.004653, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.021439, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.001398, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.014588, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.06566, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.268973, "read": "Demand-led" } ], "volume": { "latest": 298693, "relative_activity": 0.995755, "balance": 1.268973, "dry_up": 0.757912, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.086009, "annualized_volatility": 0.367776, "from_high_reference": -0.09403, "from_low_reference": 0.586513 }, "levels": { "trend_reference": 29.749667, "fair_value_reference": 30.491887, "structural_low": 26.125, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.027738, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.020039, "regime_survival": 1.0, "best_return": 0.034228, "worst_return": 0.021247, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, 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"trend": 29.596, "fair_value": 30.493238, "relative_strength": 5.285379, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.093852, "energy": 24.818123, "activity_lines": [ 30.336, 29.956727, 29.911619, 29.905849 ] }, { "date": "2026-08-07", "close": 30.35, "volume": 298693, "typical_volume": 299966.4, "trend": 29.749667, "fair_value": 30.491887, "relative_strength": 0.139793, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.087732, "energy": 21.710204, "activity_lines": [ 30.388, 30.110182, 29.945762, 29.954495 ] } ], "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." } } }