{ "ticker": { "uuid": "e2a581c4-fb8a-41b5-9e53-ab2dd3b27ef8", "symbol": "FRA", "name": "Blackrock Floating Rate Income Strategies 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 56.363, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -8.016, "architecture_energy": 7.007, "architecture_maturity": 27.596, "architecture_confidence": 63.747, "architecture_tenure": "Established", "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": 63.53, "rotation_up": 24.58, "upward_expansion": 26.54, "deceleration": 36.51, "rotation_down": 30.2, "downward_expansion": 48.54 }, "activity_lines": [ 10.804451, 10.78189, 10.803295, 10.778599 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 10.86, "trend_reference": 10.807232, "distance_from_trend": 0.004883, "trend_direction": "Weakening", "fair_value": 10.601851, "distance_from_fair_value": 0.024349, "fair_value_direction": "Weakening", "relative_strength": -12.796054, "relative_strength_direction": "Improving", "price_momentum": -0.017618, "excess_performance": -0.143243, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004883, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.008178, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.024349, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.022043, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.127961, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.012998, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.017618, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.220205, "read": "Demand-led" } ], "volume": { "latest": 642119, "relative_activity": 0.981557, "balance": 1.220205, "dry_up": 1.105146, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.014796, "annualized_volatility": 0.099461, "from_high_reference": -0.100005, "from_low_reference": 0.069755 }, "levels": { "trend_reference": 10.807232, "fair_value_reference": 10.601851, "structural_low": 10.151853, "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": 11, "median_return": 0.000339, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": 0.001113, "regime_survival": 0.545455, "best_return": 0.040517, "worst_return": -0.079835, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.009368, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.00616, "regime_survival": 0.0, "best_return": 0.080914, "worst_return": -0.07973, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.014097, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.027556, "regime_survival": 0.0, "best_return": 0.005678, "worst_return": -0.052463, "sufficient": false }, 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"activity_lines": [ 10.747112, 10.773035, 10.780347, 10.781187 ] }, { "date": "2026-07-24", "close": 10.76, "volume": 627111, "typical_volume": 692305.35, "trend": 10.82521, "fair_value": 10.576416, "relative_strength": -10.581779, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.107846, "energy": 17.32786, "activity_lines": [ 10.751322, 10.763882, 10.78441, 10.776269 ] }, { "date": "2026-07-31", "close": 10.82, "volume": 680819, "typical_volume": 663097.1, "trend": 10.818674, "fair_value": 10.588959, "relative_strength": -10.567556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.680689, "energy": 9.079843, "activity_lines": [ 10.77465, 10.768289, 10.793193, 10.775933 ] }, { "date": "2026-08-07", "close": 10.86, "volume": 642119, "typical_volume": 654184.4, "trend": 10.807232, "fair_value": 10.601851, "relative_strength": -12.796054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.016175, "energy": 7.007018, "activity_lines": [ 10.804451, 10.78189, 10.803295, 10.778599 ] } ], "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." } } }