{ "ticker": { "uuid": "ce4ab446-ced1-4312-b1e3-a7a960423828", "symbol": "CVMC", "name": "MORGAN STANLEY ETF TRUST CALVERT US MID CAP CORE RESPONSIBLE INDX", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.166, "architecture_energy": 69.789, "architecture_maturity": 67.36, "architecture_confidence": 83.036, "architecture_tenure": "Established", "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": 7.71, "rotation_up": 59.29, "upward_expansion": 85.33, "deceleration": 66.26, "rotation_down": 27.84, "downward_expansion": 12.0 }, "activity_lines": [ 76.473073, 76.025152, 74.187833, 72.297816 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 78.0516, "trend_reference": 70.187904, "distance_from_trend": 0.112038, "trend_direction": "Improving", "fair_value": 59.051542, "distance_from_fair_value": 0.321754, "fair_value_direction": "Improving", "relative_strength": 3.625584, "relative_strength_direction": "Improving", "price_momentum": 0.149121, "excess_performance": 0.023496, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.112038, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057477, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.321754, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.076816, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.036256, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.046111, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.149121, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.78264, "read": "Demand-led" } ], "volume": { "latest": 22648, "relative_activity": 0.750488, "balance": 1.78264, "dry_up": 0.560132, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.022007, "annualized_volatility": 0.131676, "from_high_reference": -0.00094, "from_low_reference": 0.294244 }, "levels": { "trend_reference": 70.187904, "fair_value_reference": 59.051542, "structural_low": 62.25, 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"direction": 65.663689, "energy": 68.156827, "activity_lines": [ 75.741193, 75.193947, 73.061233, 71.35218 ] }, { "date": "2026-07-31", "close": 75.822, "volume": 19775, "typical_volume": 30148.25, "trend": 69.795116, "fair_value": 58.864531, "relative_strength": 4.298476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.771389, "energy": 62.775854, "activity_lines": [ 75.7366, 75.447779, 73.547073, 71.765139 ] }, { "date": "2026-08-07", "close": 78.0516, "volume": 22648, "typical_volume": 30177.7, "trend": 70.187904, "fair_value": 59.051542, "relative_strength": 3.625584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.166457, "energy": 69.789347, "activity_lines": [ 76.473073, 76.025152, 74.187833, 72.297816 ] } ], "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." } } }