{ "ticker": { "uuid": "c3d0cf11-5a02-4048-b775-bc6c80efda77", "symbol": "GDO", "name": "Western Asset Global Corporate Defined Opportunity 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.392, "architecture_energy": 70.816, "architecture_maturity": 16.962, "architecture_confidence": 84.79, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.09, "rotation_up": 11.23, "upward_expansion": 16.0, "deceleration": 37.45, "rotation_down": 72.41, "downward_expansion": 91.67 }, "activity_lines": [ 10.299816, 10.384994, 10.499933, 10.569978 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 10.29, "trend_reference": 10.685594, "distance_from_trend": -0.037021, "trend_direction": "Weakening", "fair_value": 9.973528, "distance_from_fair_value": 0.031731, "fair_value_direction": "Weakening", "relative_strength": -15.112353, "relative_strength_direction": "Weakening", "price_momentum": -0.067051, "excess_performance": -0.192676, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.037021, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.015805, "read": "Falling" 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"invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.00942, "positive_rate": 0.578947, "directional_follow_through": 0.421053, "median_excess_return": 0.006036, "regime_survival": 0.736842, "best_return": 0.103782, "worst_return": -0.058444, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.002114, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.017011, "regime_survival": 0.428571, "best_return": 0.116391, "worst_return": -0.12148, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.027493, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.023205, "regime_survival": 0.25, "best_return": 0.119943, "worst_return": -0.14417, "sufficient": false }, { "horizon": "Full 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128211, "typical_volume": 133203.1, "trend": 10.798789, "fair_value": 9.938324, "relative_strength": -12.508246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.884468, "energy": 35.491776, "activity_lines": [ 10.53983, 10.557239, 10.623569, 10.68904 ] }, { "date": "2026-07-17", "close": 10.386257, "volume": 204413, "typical_volume": 137148.2, "trend": 10.773285, "fair_value": 9.948076, "relative_strength": -11.934323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.315222, "energy": 43.357289, "activity_lines": [ 10.487615, 10.521193, 10.597786, 10.662425 ] }, { "date": "2026-07-24", "close": 10.24, "volume": 243705, "typical_volume": 138147.9, "trend": 10.740332, "fair_value": 9.955772, "relative_strength": -12.357725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.96502, "energy": 61.378873, "activity_lines": [ 10.403387, 10.466088, 10.561014, 10.628019 ] }, { "date": "2026-07-31", "close": 10.26, "volume": 165411, "typical_volume": 136708.1, "trend": 10.709307, "fair_value": 9.964668, "relative_strength": -12.776151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.496009, "energy": 70.105304, "activity_lines": [ 10.337452, 10.420013, 10.528218, 10.59703 ] }, { "date": "2026-08-07", "close": 10.29, "volume": 425757, "typical_volume": 150929.75, "trend": 10.685594, "fair_value": 9.973528, "relative_strength": -15.112353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.39195, "energy": 70.815732, "activity_lines": [ 10.299816, 10.384994, 10.499933, 10.569978 ] } ], "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." } } }