{ "ticker": { "uuid": "7b7c5e06-cac7-4add-a3e4-ea9bc04aebc3", "symbol": "DNP", "name": "DNP Select Income Fund Inc", "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": 70.871, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 60.108, "architecture_energy": 47.625, "architecture_maturity": 50.336, "architecture_confidence": 70.841, "architecture_tenure": "Established", "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": 16.66, "rotation_up": 53.81, "upward_expansion": 80.0, "deceleration": 64.14, "rotation_down": 23.67, "downward_expansion": 6.66 }, "activity_lines": [ 10.885383, 10.854394, 10.751163, 10.617169 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 10.85, "trend_reference": 10.422799, "distance_from_trend": 0.040987, "trend_direction": "Improving", "fair_value": 8.694241, "distance_from_fair_value": 0.247953, "fair_value_direction": "Weakening", "relative_strength": -3.714699, "relative_strength_direction": "Weakening", "price_momentum": 0.094421, "excess_performance": -0.031203, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.040987, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037566, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.247953, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.000536, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.037147, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.01293, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.094421, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.624965, "read": "Demand-led" } ], "volume": { "latest": 3633048, "relative_activity": 1.1337, "balance": 2.624965, "dry_up": 0.933617, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.020232, "annualized_volatility": 0.111336, "from_high_reference": -0.021899, "from_low_reference": 0.182911 }, "levels": { "trend_reference": 10.422799, "fair_value_reference": 8.694241, "structural_low": 9.682773, 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"stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.511286, "energy": 82.199914, "activity_lines": [ 10.951431, 10.846347, 10.705563, 10.561016 ] }, { "date": "2026-07-31", "close": 10.75, "volume": 2529102, "typical_volume": 3216507.8, "trend": 10.383355, "fair_value": 8.675989, "relative_strength": -1.330238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.908082, "energy": 61.864878, "activity_lines": [ 10.901086, 10.841827, 10.725072, 10.587063 ] }, { "date": "2026-08-07", "close": 10.85, "volume": 3633048, "typical_volume": 3204592.55, "trend": 10.422799, "fair_value": 8.694241, "relative_strength": -3.714699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.108289, "energy": 47.624575, "activity_lines": [ 10.885383, 10.854394, 10.751163, 10.617169 ] } ], "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." } } }