{ "ticker": { "uuid": "a53bbf8b-dc05-4671-ad1d-603146143e25", "symbol": "CMS", "name": "CMS Energy Corporation", "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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 71.629, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -60.731, "architecture_energy": 47.591, "architecture_maturity": 11.431, "architecture_confidence": 83.131, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 41.68, "rotation_up": 12.89, "upward_expansion": 9.7, "deceleration": 39.87, "rotation_down": 65.14, "downward_expansion": 80.7 }, "activity_lines": [ 72.27071, 73.502733, 73.776071, 74.192811 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 71.03, "trend_reference": 74.213213, "distance_from_trend": -0.042893, "trend_direction": "Improving", "fair_value": 64.774842, "distance_from_fair_value": 0.096568, "fair_value_direction": "Weakening", "relative_strength": -13.128515, "relative_strength_direction": "Weakening", "price_momentum": -0.009827, "excess_performance": -0.135452, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.042893, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.014427, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.096568, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.047606, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.131285, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.027018, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.009827, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.519528, "read": "Supply-led" } ], "volume": { "latest": 18660439, "relative_activity": 1.200446, "balance": 0.519528, "dry_up": 1.208494, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.047413, "annualized_volatility": 0.205529, "from_high_reference": -0.109164, "from_low_reference": 0.050761 }, "levels": { "trend_reference": 74.213213, "fair_value_reference": 64.774842, 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74.655766, 74.529701, 74.436558, 74.565105 ] }, { "date": "2026-07-31", "close": 71.416895, "volume": 20589762, "typical_volume": 15289053.7, "trend": 74.143151, "fair_value": 64.658995, "relative_strength": -9.950783, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.001608, "energy": 21.380636, "activity_lines": [ 73.293833, 74.026325, 74.110912, 74.393659 ] }, { "date": "2026-08-07", "close": 71.03, "volume": 18660439, "typical_volume": 15544584.6, "trend": 74.213213, "fair_value": 64.774842, "relative_strength": -13.128515, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.730598, "energy": 47.590865, "activity_lines": [ 72.27071, 73.502733, 73.776071, 74.192811 ] } ], "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." } } }