{ "ticker": { "uuid": "702f8a11-6ba2-4a4f-817d-ef3c42183284", "symbol": "BST", "name": "BlackRock Science and Technology Trust", "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": 53.739, "architecture_energy": 27.793, "architecture_maturity": 63.519, "architecture_confidence": 94.252, "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": 29.13, "rotation_up": 35.34, "upward_expansion": 60.42, "deceleration": 85.27, "rotation_down": 26.86, "downward_expansion": 19.42 }, "activity_lines": [ 46.835106, 46.98816, 46.293706, 44.605566 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 48.75, "trend_reference": 42.613817, "distance_from_trend": 0.143995, "trend_direction": "Improving", "fair_value": 33.438269, "distance_from_fair_value": 0.45791, "fair_value_direction": "Improving", "relative_strength": 7.431321, "relative_strength_direction": "Improving", "price_momentum": 0.269186, "excess_performance": 0.143561, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.143995, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.075139, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.45791, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.055072, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.074313, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.014768, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.269186, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.527958, "read": "Demand-led" } ], "volume": { "latest": 514514, "relative_activity": 0.957654, "balance": 3.527958, "dry_up": 0.869356, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.060355, "annualized_volatility": 0.263175, "from_high_reference": -0.044687, "from_low_reference": 0.421872 }, "levels": { "trend_reference": 42.613817, "fair_value_reference": 33.438269, "structural_low": 34.285781, "invalidation": "A 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"fair_value": 33.04253, "relative_strength": 3.396305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.267248, "energy": 39.081795, "activity_lines": [ 46.945645, 47.128887, 45.369818, 43.693994 ] }, { "date": "2026-07-24", "close": 45.35, "volume": 357064, "typical_volume": 514959.15, "trend": 42.073626, "fair_value": 33.161313, "relative_strength": 4.962113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.312554, "energy": 29.553551, "activity_lines": [ 46.289841, 46.823903, 45.576728, 43.919938 ] }, { "date": "2026-07-31", "close": 46.26, "volume": 538995, "typical_volume": 526022.2, "trend": 42.309137, "fair_value": 33.290999, "relative_strength": 5.729948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.115325, "energy": 21.983437, "activity_lines": [ 46.097219, 46.679757, 45.836411, 44.190027 ] }, { "date": "2026-08-07", "close": 48.75, "volume": 514514, "typical_volume": 537264.75, "trend": 42.613817, "fair_value": 33.438269, "relative_strength": 7.431321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.73934, "energy": 27.793219, "activity_lines": [ 46.835106, 46.98816, 46.293706, 44.605566 ] } ], "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." } } }