{ "ticker": { "uuid": "afd5a86b-6f8b-4aed-ae41-6e298053895b", "symbol": "DPG", "name": "Duff & Phelps Utility and Infrastructure 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": 51.288, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 51.58, "architecture_energy": 32.037, "architecture_maturity": 7.89, "architecture_confidence": 74.07, "architecture_tenure": "New", "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": 37.83, "rotation_up": 53.72, "upward_expansion": 75.89, "deceleration": 56.65, "rotation_down": 17.1, "downward_expansion": 2.56 }, "activity_lines": [ 14.624076, 14.567886, 14.498624, 14.429589 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 14.57, "trend_reference": 14.233764, "distance_from_trend": 0.023622, "trend_direction": "Improving", "fair_value": 10.76615, "distance_from_fair_value": 0.353316, "fair_value_direction": "Weakening", "relative_strength": -3.365078, "relative_strength_direction": "Weakening", "price_momentum": 0.076967, "excess_performance": -0.048658, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.023622, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048148, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.353316, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.057421, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033651, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.044937, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.076967, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.351243, "read": "Demand-led" } ], "volume": { "latest": 285594, "relative_activity": 0.825424, "balance": 1.351243, "dry_up": 0.873904, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.028598, "annualized_volatility": 0.160162, "from_high_reference": -0.030095, "from_low_reference": 0.234182 }, "levels": { "trend_reference": 14.233764, "fair_value_reference": 10.76615, "structural_low": 13.46006, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.009238, "positive_rate": 0.638889, "directional_follow_through": 0.638889, "median_excess_return": -0.003381, "regime_survival": 0.805556, "best_return": 0.116548, "worst_return": -0.097556, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.042515, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": -0.015102, "regime_survival": 0.692308, "best_return": 0.21702, "worst_return": -0.093146, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.07292, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.076982, "regime_survival": 0.857143, "best_return": 0.30357, "worst_return": -0.011499, "sufficient": true }, { 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"gate": "up", "direction": 55.721965, "energy": 43.441362, "activity_lines": [ 14.569797, 14.445435, 14.433822, 14.323295 ] }, { "date": "2026-07-24", "close": 14.892862, "volume": 355682, "typical_volume": 365526.25, "trend": 14.104433, "fair_value": 10.68045, "relative_strength": 3.354963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.085589, "energy": 58.716432, "activity_lines": [ 14.707238, 14.539498, 14.481638, 14.379429 ] }, { "date": "2026-07-31", "close": 14.48, "volume": 278523, "typical_volume": 353235.9, "trend": 14.168086, "fair_value": 10.723579, "relative_strength": -0.623743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.323689, "energy": 45.028397, "activity_lines": [ 14.649787, 14.545055, 14.486714, 14.403659 ] }, { "date": "2026-08-07", "close": 14.57, "volume": 285594, "typical_volume": 345996.7, "trend": 14.233764, "fair_value": 10.76615, "relative_strength": -3.365078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.579719, "energy": 32.036659, "activity_lines": [ 14.624076, 14.567886, 14.498624, 14.429589 ] } ], "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." } } }