{ "ticker": { "uuid": "a2f701af-07da-4063-af1a-d2dd17c1f397", "symbol": "WEEI", "name": "Westwood Salient Enhanced Energy Income ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 71.384, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 52.037, "architecture_energy": 40.037, "architecture_maturity": 11.148, "architecture_confidence": 58.271, "architecture_tenure": "New", "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": 34.54, "rotation_up": 65.24, "upward_expansion": 74.03, "deceleration": 62.42, "rotation_down": 11.33, "downward_expansion": 5.36 }, "activity_lines": [ 23.679522, 23.234487, 23.194237, 23.175088 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 23.5885, "trend_reference": 22.983836, "distance_from_trend": 0.026308, "trend_direction": "Improving", "fair_value": 19.948966, "distance_from_fair_value": 0.182442, "fair_value_direction": "Improving", "relative_strength": -4.377575, "relative_strength_direction": "Improving", "price_momentum": 0.056306, "excess_performance": -0.131148, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.026308, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04368, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.182442, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019167, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.043776, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.029876, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.056306, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.4187, "read": "Demand-led" } ], "volume": { "latest": 329735, "relative_activity": 1.217479, "balance": 1.4187, "dry_up": 1.192971, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.03849, "annualized_volatility": 0.185169, "from_high_reference": -0.040691, "from_low_reference": 0.274256 }, "levels": { "trend_reference": 22.983836, "fair_value_reference": 19.948966, "structural_low": 21.745455, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.051994, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.11211, "regime_survival": 0.0, "best_return": 0.051994, "worst_return": 0.051994, "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, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-04-24", "tenure": "Established", "return": 0.167612, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": 0.020951, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": 0.018363, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": -0.011327, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-07-17", "tenure": 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"energy": 18.782009, "activity_lines": [ 22.609226, 22.773642, 23.004754, 22.962846 ] }, { "date": "2026-07-24", "close": 23.994301, "volume": 319690, "typical_volume": 259233.35, "trend": 22.775228, "fair_value": 19.883103, "relative_strength": 2.839779, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.352819, "energy": 20.801543, "activity_lines": [ 23.13043, 22.951522, 23.084625, 23.050039 ] }, { "date": "2026-07-31", "close": 24.0154, "volume": 225648, "typical_volume": 263250.6, "trend": 22.89042, "fair_value": 19.918123, "relative_strength": 2.315908, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.080556, "energy": 34.824872, "activity_lines": [ 23.537444, 23.131365, 23.161717, 23.13005 ] }, { "date": "2026-08-07", "close": 23.5885, "volume": 329735, "typical_volume": 270834.3, "trend": 22.983836, "fair_value": 19.948966, "relative_strength": -4.377575, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.036773, "energy": 40.037465, "activity_lines": [ 23.679522, 23.234487, 23.194237, 23.175088 ] } ], "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." } } }