{ "ticker": { "uuid": "899fe057-fb0f-4e2b-bc5d-b363a62412d1", "symbol": "BEN", "name": "Franklin Resources Inc", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 64.979, "architecture_energy": 48.978, "architecture_maturity": 78.09, "architecture_confidence": 79.981, "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": 12.72, "rotation_up": 48.44, "upward_expansion": 81.28, "deceleration": 67.45, "rotation_down": 28.2, "downward_expansion": 7.95 }, "activity_lines": [ 33.368, 33.212238, 32.054916, 30.532715 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 33.77, "trend_reference": 28.792966, "distance_from_trend": 0.172856, "trend_direction": "Improving", "fair_value": 22.752238, "distance_from_fair_value": 0.48425, "fair_value_direction": "Improving", "relative_strength": 14.998315, "relative_strength_direction": "Weakening", "price_momentum": 0.25889, "excess_performance": 0.133265, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.172856, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.132836, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.48425, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.084702, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.149983, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -2.1e-05, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.25889, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.48346, "read": "Demand-led" } ], "volume": { "latest": 25531149, "relative_activity": 1.097775, "balance": 1.48346, "dry_up": 1.071201, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.057597, "annualized_volatility": 0.279036, "from_high_reference": -0.069184, "from_low_reference": 0.64489 }, "levels": { "trend_reference": 28.792966, "fair_value_reference": 22.752238, "structural_low": 22.263946, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.017789, "positive_rate": 0.4375, "directional_follow_through": 0.4375, "median_excess_return": -0.017879, "regime_survival": 0.6875, "best_return": 0.181283, "worst_return": -0.131557, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.032002, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.032054, "regime_survival": 0.428571, "best_return": 0.146091, "worst_return": -0.116685, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.071605, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.078415, "regime_survival": 0.2, "best_return": 0.25889, "worst_return": -0.241938, "sufficient": true }, { "horizon": "Full 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32.644512, 30.914374, 29.527643 ] }, { "date": "2026-07-24", "close": 32.49, "volume": 17880345, "typical_volume": 23072952.7, "trend": 28.164583, "fair_value": 22.629099, "relative_strength": 16.581456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.223168, "energy": 53.13614, "activity_lines": [ 32.971524, 32.704013, 31.247389, 29.825968 ] }, { "date": "2026-07-31", "close": 33.86, "volume": 33302360, "typical_volume": 23442906.4, "trend": 28.510847, "fair_value": 22.689771, "relative_strength": 19.694379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.355105, "energy": 53.420317, "activity_lines": [ 33.217333, 32.994903, 31.679396, 30.193414 ] }, { "date": "2026-08-07", "close": 33.77, "volume": 25531149, "typical_volume": 23257170.9, "trend": 28.792966, "fair_value": 22.752238, "relative_strength": 14.998315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.978658, "energy": 48.977746, "activity_lines": [ 33.368, 33.212238, 32.054916, 30.532715 ] } ], "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." } } }