{ "ticker": { "uuid": "ec425150-9ccb-4487-bc78-7031960abfa1", "symbol": "MMLP", "name": "Martin Midstream Partners LP", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "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": -31.758, "architecture_energy": 14.87, "architecture_maturity": 38.402, "architecture_confidence": 65.46, "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": 51.69, "rotation_up": 23.96, "upward_expansion": 12.3, "deceleration": 44.3, "rotation_down": 26.93, "downward_expansion": 57.64 }, "activity_lines": [ 2.426714, 2.399435, 2.456802, 2.51634 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 2.45, "trend_reference": 2.608037, "distance_from_trend": -0.060596, "trend_direction": "Weakening", "fair_value": 2.954946, "distance_from_fair_value": -0.170882, "fair_value_direction": "Weakening", "relative_strength": -21.479531, "relative_strength_direction": "Improving", "price_momentum": -0.129535, "excess_performance": -0.316988, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.060596, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.023439, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.170882, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.0569, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.214795, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.029881, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.129535, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.269566, "read": "Demand-led" } ], "volume": { "latest": 124429, "relative_activity": 0.938697, "balance": 1.269566, "dry_up": 0.569627, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.14431, "annualized_volatility": 0.548719, "from_high_reference": -0.304529, "from_low_reference": 0.296296 }, "levels": { "trend_reference": 2.608037, "fair_value_reference": 2.954946, "structural_low": 1.89, "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": 24, "median_return": 0.010177, "positive_rate": 0.583333, "directional_follow_through": 0.416667, "median_excess_return": -0.008451, "regime_survival": 0.791667, "best_return": 0.243902, "worst_return": -0.222469, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.070597, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.114987, "regime_survival": 0.444444, "best_return": 0.540865, "worst_return": -0.21379, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.018839, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.123924, "regime_survival": 0.166667, "best_return": 0.55922, "worst_return": -0.191359, "sufficient": true }, { 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.175556, "energy": 19.632998, "activity_lines": [ 2.405757, 2.393628, 2.462353, 2.527609 ] }, { "date": "2026-08-07", "close": 2.45, "volume": 124429, "typical_volume": 132555.05, "trend": 2.608037, "fair_value": 2.954946, "relative_strength": -21.479531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.757857, "energy": 14.869946, "activity_lines": [ 2.426714, 2.399435, 2.456802, 2.51634 ] } ], "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." } } }