{ "ticker": { "uuid": "d41b0b40-0630-4287-ac1a-f15eeaa5476f", "symbol": "MYN", "name": "BlackRock MuniYield New York Quality 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 92.6, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 0.078, "architecture_energy": 15.636, "architecture_maturity": 26.317, "architecture_confidence": 67.296, "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": 58.13, "rotation_up": 15.32, "upward_expansion": 22.53, "deceleration": 75.71, "rotation_down": 52.26, "downward_expansion": 30.86 }, "activity_lines": [ 9.823267, 9.902503, 9.898261, 9.866814 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 9.85, "trend_reference": 9.835895, "distance_from_trend": 0.001434, "trend_direction": "Improving", "fair_value": 9.205928, "distance_from_fair_value": 0.069963, "fair_value_direction": "Weakening", "relative_strength": -9.436283, "relative_strength_direction": "Weakening", "price_momentum": 0.012641, "excess_performance": -0.112984, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.001434, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.009603, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.069963, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.025243, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.094363, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.032427, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.012641, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.667995, "read": "Supply-led" } ], "volume": { "latest": 1370480, "relative_activity": 1.89058, "balance": 0.667995, "dry_up": 1.373298, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.019974, "annualized_volatility": 0.091419, "from_high_reference": -0.030502, "from_low_reference": 0.133197 }, "levels": { "trend_reference": 9.835895, "fair_value_reference": 9.205928, "structural_low": 9.304582, "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": 14, "median_return": 0.007884, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.006366, "regime_survival": 0.5, "best_return": 0.064732, "worst_return": -0.073203, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.016281, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.039048, "regime_survival": 0.142857, "best_return": 0.09386, "worst_return": -0.097015, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.005528, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.026905, "regime_survival": 0.0, "best_return": 0.088982, "worst_return": 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-7.856417, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 6.803337, "energy": 13.668389, "activity_lines": [ 9.849105, 9.920372, 9.897619, 9.865676 ] }, { "date": "2026-08-07", "close": 9.85, "volume": 1370480, "typical_volume": 724899.25, "trend": 9.835895, "fair_value": 9.205928, "relative_strength": -9.436283, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.078134, "energy": 15.636297, "activity_lines": [ 9.823267, 9.902503, 9.898261, 9.866814 ] } ], "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." } } }