{ "ticker": { "uuid": "fc5e1b52-648a-46b5-8665-1139dc619111", "symbol": "MDST", "name": "Westwood Salient Enhanced Midstream Income ETF", "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": 59.209, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 50.619, "architecture_energy": 34.753, "architecture_maturity": 7.384, "architecture_confidence": 69.388, "architecture_tenure": "New", "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": 34.19, "rotation_up": 49.62, "upward_expansion": 75.06, "deceleration": 57.51, "rotation_down": 18.4, "downward_expansion": 4.06 }, "activity_lines": [ 29.24741, 29.136752, 28.963846, 28.724748 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.5 }, "latest_close": 28.7379, "trend_reference": 28.249285, "distance_from_trend": 0.017297, "trend_direction": "Improving", "fair_value": 24.467372, "distance_from_fair_value": 0.17454, "fair_value_direction": "Improving", "relative_strength": -4.17479, "relative_strength_direction": "Weakening", "price_momentum": 0.070697, "excess_performance": -0.054928, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.017297, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.051029, "read": "Rising" }, { "label": 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27.672143, "fair_value": 24.301179, "relative_strength": -1.056858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.738584, "energy": 20.169531, "activity_lines": [ 28.808877, 28.862334, 28.679445, 28.347005 ] }, { "date": "2026-07-17", "close": 29.552285, "volume": 236262, "typical_volume": 289162.15, "trend": 27.834877, "fair_value": 24.345306, "relative_strength": 2.448376, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.243241, "energy": 33.581769, "activity_lines": [ 29.06695, 28.987615, 28.779897, 28.468304 ] }, { "date": "2026-07-24", "close": 29.830144, "volume": 313344, "typical_volume": 292340.7, "trend": 27.993687, "fair_value": 24.391013, "relative_strength": 3.951008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.558686, "energy": 43.736601, "activity_lines": [ 29.374514, 29.1356, 28.898674, 28.597031 ] }, { "date": "2026-07-31", "close": 29.36, "volume": 253811, "typical_volume": 289926.65, "trend": 28.124591, "fair_value": 24.432079, "relative_strength": 1.248682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.586151, "energy": 45.246282, "activity_lines": [ 29.426664, 29.189763, 28.96382, 28.68518 ] }, { "date": "2026-08-07", "close": 28.7379, "volume": 384983, "typical_volume": 297015.35, "trend": 28.249285, "fair_value": 24.467372, "relative_strength": -4.17479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.61906, "energy": 34.753315, "activity_lines": [ 29.24741, 29.136752, 28.963846, 28.724748 ] } ], "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." } } }