{ "ticker": { "uuid": "ee0386fa-2211-4003-81b3-dcfb5b009aee", "symbol": "ETO", "name": "Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 81.495, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.084, "architecture_energy": 55.069, "architecture_maturity": 34.88, "architecture_confidence": 83.203, "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": 15.73, "rotation_up": 57.91, "upward_expansion": 82.41, "deceleration": 51.88, "rotation_down": 20.86, "downward_expansion": 9.08 }, "activity_lines": [ 30.910589, 30.651239, 30.282181, 29.772026 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 31.74, "trend_reference": 29.328093, "distance_from_trend": 0.082239, "trend_direction": "Improving", "fair_value": 23.787282, "distance_from_fair_value": 0.334326, "fair_value_direction": "Improving", "relative_strength": 0.081666, "relative_strength_direction": "Improving", "price_momentum": 0.084099, "excess_performance": -0.041526, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.082239, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.030027, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.334326, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.010945, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000817, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.004843, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.084099, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.997121, "read": "Supply-led" } ], "volume": { "latest": 207882, "relative_activity": 1.161114, "balance": 0.997121, "dry_up": 0.894607, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.033107, "annualized_volatility": 0.18966, "from_high_reference": -0.004701, "from_low_reference": 0.260499 }, "levels": { "trend_reference": 29.328093, "fair_value_reference": 23.787282, "structural_low": 25.237843, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": 0.018727, "positive_rate": 0.675, "directional_follow_through": 0.675, "median_excess_return": -0.001724, "regime_survival": 0.8, "best_return": 0.112562, "worst_return": -0.110941, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.055616, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": -0.008331, "regime_survival": 0.714286, "best_return": 0.115532, "worst_return": -0.138894, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.07546, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.024028, "regime_survival": 0.625, "best_return": 0.13883, "worst_return": -0.25923, "sufficient": true }, { "horizon": "Full cycle", 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"trend": 29.116091, "fair_value": 23.550607, "relative_strength": -0.496648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.159745, "energy": 39.668048, "activity_lines": [ 30.403756, 30.318761, 29.805403, 29.438957 ] }, { "date": "2026-07-24", "close": 30.03, "volume": 98154, "typical_volume": 182218.85, "trend": 29.160877, "fair_value": 23.622425, "relative_strength": -0.839732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.080388, "energy": 34.1836, "activity_lines": [ 30.296393, 30.283594, 29.894416, 29.497919 ] }, { "date": "2026-07-31", "close": 30.91, "volume": 190168, "typical_volume": 181609.8, "trend": 29.240468, "fair_value": 23.703168, "relative_strength": 0.910983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.843884, "energy": 38.634572, "activity_lines": [ 30.495752, 30.400674, 30.057722, 29.610766 ] }, { "date": "2026-08-07", "close": 31.74, "volume": 207882, "typical_volume": 179036.75, "trend": 29.328093, "fair_value": 23.787282, "relative_strength": 0.081666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.083569, "energy": 55.068818, "activity_lines": [ 30.910589, 30.651239, 30.282181, 29.772026 ] } ], "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." } } }