{ "ticker": { "uuid": "d2cd8694-2afc-4fac-8ab8-4f9c2fc9bfd6", "symbol": "DUKH", "name": "Ocean Park High Income ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 61.571, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -56.655, "architecture_energy": 53.93, "architecture_maturity": 4.213, "architecture_confidence": 89.322, "architecture_tenure": "New", "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": 25.23, "rotation_up": 11.05, "upward_expansion": 11.12, "deceleration": 38.59, "rotation_down": 66.28, "downward_expansion": 86.79 }, "activity_lines": [ 23.707571, 23.747052, 23.796712, 23.805289 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 23.785, "trend_reference": 23.84838, "distance_from_trend": -0.002658, "trend_direction": "Weakening", "fair_value": 23.377652, "distance_from_fair_value": 0.017425, "fair_value_direction": "Weakening", "relative_strength": -12.689857, "relative_strength_direction": "Improving", "price_momentum": -0.010112, "excess_performance": -0.197565, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.002658, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000132, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.017425, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.011608, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.126899, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.027541, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.010112, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.662926, "read": "Supply-led" } ], "volume": { "latest": 10072, "relative_activity": 0.207751, "balance": 0.662926, "dry_up": 0.680607, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.006623, "annualized_volatility": 0.040241, "from_high_reference": -0.017547, "from_low_reference": 0.023414 }, "levels": { "trend_reference": 23.84838, "fair_value_reference": 23.377652, "structural_low": 23.361129, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "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", 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33.445799, "activity_lines": [ 23.795747, 23.822694, 23.82802, 23.841834 ] }, { "date": "2026-07-24", "close": 23.616, "volume": 35110, "typical_volume": 48585.75, "trend": 23.866429, "fair_value": 23.371477, "relative_strength": -9.106406, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.931588, "energy": 56.246725, "activity_lines": [ 23.727899, 23.783006, 23.811225, 23.825066 ] }, { "date": "2026-07-31", "close": 23.631033, "volume": 6384, "typical_volume": 48422.4, "trend": 23.856153, "fair_value": 23.37388, "relative_strength": -9.194992, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.878721, "energy": 63.29954, "activity_lines": [ 23.685504, 23.749187, 23.796716, 23.809879 ] }, { "date": "2026-08-07", "close": 23.785, "volume": 10072, "typical_volume": 48481.0, "trend": 23.84838, "fair_value": 23.377652, "relative_strength": -12.689857, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.654608, "energy": 53.929668, "activity_lines": [ 23.707571, 23.747052, 23.796712, 23.805289 ] } ], "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." } } }