{
  "ticker": {
    "uuid": "019d1d1a-98c3-45e3-883e-fb6ba97e588d",
    "symbol": "SVM",
    "name": "Silvercorp Metals Inc.",
    "exchange": "TOR",
    "country": "CA",
    "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": "^GSPTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 86.793,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -46.017,
    "architecture_energy": 35.875,
    "architecture_maturity": 4.258,
    "architecture_confidence": 73.727,
    "architecture_tenure": "New",
    "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": 35.88,
        "rotation_up": 18.18,
        "upward_expansion": 7.4,
        "deceleration": 44.03,
        "rotation_down": 54.88,
        "downward_expansion": 78.4
      },
      "activity_lines": [
        14.108,
        14.265818,
        15.171025,
        15.388486
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 16.030001,
    "trend_reference": 15.589936,
    "distance_from_trend": 0.028228,
    "trend_direction": "Improving",
    "fair_value": 7.397201,
    "distance_from_fair_value": 1.167036,
    "fair_value_direction": "Weakening",
    "relative_strength": 11.900623,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.125702,
    "excess_performance": 0.005281,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.028228,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.086256,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.167036,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.696609,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.119006,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.477832,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.125702,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.976292,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3488400,
      "relative_activity": 0.959674,
      "balance": 0.976292,
      "dry_up": 1.135128,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.118505,
      "annualized_volatility": 0.730155,
      "from_high_reference": -0.257479,
      "from_low_reference": 1.717209
    },
    "levels": {
      "trend_reference": 15.589936,
      "fair_value_reference": 7.397201,
      "structural_low": 11.94,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 22,
        "median_return": -0.043807,
        "positive_rate": 0.409091,
        "directional_follow_through": 0.590909,
        "median_excess_return": -0.021658,
        "regime_survival": 0.818182,
        "best_return": 0.244499,
        "worst_return": -0.225605,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.048466,
        "positive_rate": 0.375,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.055081,
        "regime_survival": 0.5,
        "best_return": 0.166667,
        "worst_return": -0.194103,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.184913,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.220847,
        "regime_survival": 0.4,
        "best_return": 0.476916,
        "worst_return": -0.315504,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.304647,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.211291,
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        "best_return": 2.561621,
        "worst_return": -0.49138,
        "sufficient": false
      }
    ],
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        "regime": "balance",
        "label": "Balance",
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        "end": "2024-09-20",
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        "return": 0.235808,
        "active": false
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
        "return": -0.127795,
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "return": 0.0,
        "active": false
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      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "return": 0.153153,
        "active": false
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      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_up",
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        "active": true
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-06-05",
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        "relative_strength": 18.898361,
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      },
      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "trend": 15.145269,
        "fair_value": 7.008648,
        "relative_strength": 17.838645,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "energy": 14.788892,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "volume": 227800,
        "typical_volume": 4557600.0,
        "trend": 15.273269,
        "fair_value": 7.080203,
        "relative_strength": 10.748924,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "energy": 13.783877,
        "activity_lines": [
          15.31,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 4558195.0,
        "trend": 15.349603,
        "fair_value": 7.140966,
        "relative_strength": 0.147249,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -34.988036,
        "energy": 39.630079,
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      },
      {
        "date": "2026-07-17",
        "close": 12.52,
        "volume": 6214200,
        "typical_volume": 4482060.0,
        "trend": 15.366936,
        "fair_value": 7.195512,
        "relative_strength": -7.493829,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.060552,
        "energy": 61.005278,
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          13.842,
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          15.556712,
          15.621226
        ]
      },
      {
        "date": "2026-07-24",
        "close": 13.61,
        "volume": 4204100,
        "typical_volume": 4377465.0,
        "trend": 15.428936,
        "fair_value": 7.25755,
        "relative_strength": -0.490315,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.809568,
        "energy": 57.233784,
        "activity_lines": [
          13.574667,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.03,
        "volume": 2598000,
        "typical_volume": 4203140.0,
        "trend": 15.481603,
        "fair_value": 7.316752,
        "relative_strength": -5.051195,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.725624,
        "energy": 69.262177,
        "activity_lines": [
          13.26,
          14.020231,
          15.117825,
          15.353106
        ]
      },
      {
        "date": "2026-08-07",
        "close": 16.030001,
        "volume": 3488400,
        "typical_volume": 3634985.0,
        "trend": 15.589936,
        "fair_value": 7.397201,
        "relative_strength": 11.900623,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.017258,
        "energy": 35.874911,
        "activity_lines": [
          14.108,
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      }
    ],
    "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."
    }
  }
}