{ "ticker": { "uuid": "6a205fa9-dea3-49f2-954a-f70ba0fc6703", "symbol": "EVLN", "name": "MORGAN STANLEY ETF TRUST EATON VANCE FLOATING RATE ETF USD", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 75.164, "architecture_energy": 52.222, "architecture_maturity": 11.447, "architecture_confidence": 66.699, "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": 38.27, "rotation_up": 52.09, "upward_expansion": 76.48, "deceleration": 58.77, "rotation_down": 20.97, "downward_expansion": 7.81 }, "activity_lines": [ 48.508171, 48.458204, 48.409352, 48.280085 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 48.75, "trend_reference": 48.149288, "distance_from_trend": 0.012476, "trend_direction": "Improving", "fair_value": 46.049461, "distance_from_fair_value": 0.058644, "fair_value_direction": "Improving", "relative_strength": -9.475304, "relative_strength_direction": "Improving", "price_momentum": 0.015419, "excess_performance": -0.110206, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.012476, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.00344, "read": "Rising" }, { "label": "Price vs 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71.154235, "energy": 69.953458, "activity_lines": [ 48.462572, 48.395321, 48.165022, 48.100942 ] }, { "date": "2026-06-19", "close": 48.638695, "volume": 82676, "typical_volume": 323734.45, "trend": 48.065334, "fair_value": 45.916186, "relative_strength": -8.451602, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.521268, "energy": 74.075541, "activity_lines": [ 48.528148, 48.455046, 48.223936, 48.139783 ] }, { "date": "2026-06-26", "close": 48.187185, "volume": 149769, "typical_volume": 303752.75, "trend": 48.07559, "fair_value": 45.934354, "relative_strength": -6.817172, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.760983, "energy": 42.157091, "activity_lines": [ 48.425529, 48.418261, 48.236793, 48.147645 ] }, { "date": "2026-07-03", "close": 48.341347, "volume": 213331, "typical_volume": 292057.3, "trend": 48.088416, "fair_value": 45.953457, "relative_strength": -8.226664, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.591052, "energy": 32.895752, "activity_lines": [ 48.390663, 48.408694, 48.263488, 48.16479 ] }, { "date": "2026-07-10", "close": 48.40132, "volume": 220246, "typical_volume": 286566.6, "trend": 48.100661, "fair_value": 45.972732, "relative_strength": -9.048828, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.709692, "energy": 27.615188, "activity_lines": [ 48.382018, 48.410552, 48.293537, 48.184978 ] }, { "date": "2026-07-17", "close": 48.456022, "volume": 267460, "typical_volume": 287611.45, "trend": 48.114408, "fair_value": 45.992132, "relative_strength": -7.241067, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.069138, "energy": 23.407999, "activity_lines": [ 48.394833, 48.417889, 48.32614, 48.207904 ] }, { "date": "2026-07-24", "close": 48.386402, "volume": 915276, "typical_volume": 323982.7, "trend": 48.122399, "fair_value": 46.010693, "relative_strength": -6.587015, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.737125, "energy": 25.62056, "activity_lines": [ 48.388662, 48.411155, 48.347387, 48.225452 ] }, { "date": "2026-07-31", "close": 48.35, "volume": 328906, "typical_volume": 322283.95, "trend": 48.130798, "fair_value": 46.028687, "relative_strength": -7.368304, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.081447, "energy": 25.40162, "activity_lines": [ 48.387177, 48.397564, 48.361197, 48.240136 ] }, { "date": "2026-08-07", "close": 48.75, "volume": 584328, "typical_volume": 338960.75, "trend": 48.149288, "fair_value": 46.049461, "relative_strength": -9.475304, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.164171, "energy": 52.222436, "activity_lines": [ 48.508171, 48.458204, 48.409352, 48.280085 ] } ], "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." } } }