{ "ticker": { "uuid": "a2f7a317-c90d-40ac-b998-c2f32a8ec60d", "symbol": "ELCV", "name": "EVENTIDE HIGH DIVIDEND ETF", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 91.579, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 38.919, "architecture_energy": 23.715, "architecture_maturity": 59.055, "architecture_confidence": 85.125, "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": 40.22, "rotation_up": 28.83, "upward_expansion": 58.59, "deceleration": 88.3, "rotation_down": 27.35, "downward_expansion": 19.92 }, "activity_lines": [ 31.66532, 31.84342, 31.548753, 31.023885 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 31.5742, "trend_reference": 30.273389, "distance_from_trend": 0.042969, "trend_direction": "Improving", "fair_value": 26.798679, "distance_from_fair_value": 0.1782, "fair_value_direction": "Improving", "relative_strength": -1.484038, "relative_strength_direction": "Weakening", "price_momentum": 0.093152, "excess_performance": -0.032473, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.042969, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.061712, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.1782, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.009294, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.01484, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.020874, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.093152, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.860554, "read": "Demand-led" } ], "volume": { "latest": 179244, "relative_activity": 0.687281, "balance": 2.860554, "dry_up": 0.866071, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.028774, "annualized_volatility": 0.103167, "from_high_reference": -0.042916, "from_low_reference": 0.245074 }, "levels": { "trend_reference": 30.273389, "fair_value_reference": 26.798679, "structural_low": 28.299974, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "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": "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, 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"2026-07-17", "close": 31.7222, "volume": 191603, "typical_volume": 247913.65, "trend": 29.804862, "fair_value": 26.643935, "relative_strength": 3.129231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.462998, "energy": 53.808296, "activity_lines": [ 32.054701, 31.930492, 31.297653, 30.699761 ] }, { "date": "2026-07-24", "close": 32.0868, "volume": 307699, "typical_volume": 255585.75, "trend": 29.982899, "fair_value": 26.701228, "relative_strength": 4.811042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.691882, "energy": 48.502095, "activity_lines": [ 32.043683, 32.000426, 31.437944, 30.846983 ] }, { "date": "2026-07-31", "close": 31.281, "volume": 224946, "typical_volume": 260186.95, "trend": 30.130322, "fair_value": 26.748934, "relative_strength": 1.042757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.861003, "energy": 33.017151, "activity_lines": [ 31.768587, 31.895343, 31.485716, 30.930731 ] }, { "date": "2026-08-07", "close": 31.5742, "volume": 179244, "typical_volume": 260801.8, "trend": 30.273389, "fair_value": 26.798679, "relative_strength": -1.484038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.919265, "energy": 23.715378, "activity_lines": [ 31.66532, 31.84342, 31.548753, 31.023885 ] } ], "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." } } }