{ "ticker": { "uuid": "09b032c1-bc23-4b10-9ed1-179aa2cd87dd", "symbol": "D-UN", "name": "Dream Office Real Estate Investment Trust", "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": 80.461, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 59.426, "architecture_energy": 46.768, "architecture_maturity": 12.436, "architecture_confidence": 78.406, "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": 21.41, "rotation_up": 56.22, "upward_expansion": 80.31, "deceleration": 55.45, "rotation_down": 19.97, "downward_expansion": 6.97 }, "activity_lines": [ 18.716832, 18.584152, 18.089747, 17.707226 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 18.65, "trend_reference": 17.503231, "distance_from_trend": 0.065518, "trend_direction": "Improving", "fair_value": 17.016836, "distance_from_fair_value": 0.095973, "fair_value_direction": "Improving", "relative_strength": -6.012629, "relative_strength_direction": "Improving", "price_momentum": -0.012378, "excess_performance": -0.1328, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065518, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.022679, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.095973, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.125738, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.060126, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.04377, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.012378, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.303832, "read": "Demand-led" } ], "volume": { "latest": 61800, "relative_activity": 0.699174, "balance": 1.303832, "dry_up": 1.286345, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.047759, "annualized_volatility": 0.245862, "from_high_reference": -0.102722, "from_low_reference": 0.233345 }, "levels": { "trend_reference": 17.503231, "fair_value_reference": 17.016836, "structural_low": 15.121483, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.036907, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.027092, "regime_survival": 0.6, "best_return": 0.121345, "worst_return": -0.087095, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.100131, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.123033, "regime_survival": 0.428571, "best_return": 0.114304, "worst_return": -0.284195, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.191504, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.178651, "regime_survival": 0.25, "best_return": 0.085623, "worst_return": -0.210924, "sufficient": false }, { "horizon": "Full 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"trend": 17.363496, "fair_value": 17.110847, "relative_strength": -2.673216, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.462483, "energy": 51.430961, "activity_lines": [ 18.361904, 18.065846, 17.490613, 17.362195 ] }, { "date": "2026-07-17", "close": 19.184698, "volume": 193600, "typical_volume": 113325.0, "trend": 17.440961, "fair_value": 17.082599, "relative_strength": -0.815628, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.960721, "energy": 73.705079, "activity_lines": [ 18.69704, 18.318577, 17.694868, 17.479692 ] }, { "date": "2026-07-24", "close": 18.965672, "volume": 108600, "typical_volume": 106710.0, "trend": 17.483591, "fair_value": 17.05802, "relative_strength": -2.077599, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.552484, "energy": 75.543074, "activity_lines": [ 18.87396, 18.493032, 17.867827, 17.578061 ] }, { "date": "2026-07-31", "close": 18.34, "volume": 90800, "typical_volume": 93730.0, "trend": 17.504351, "fair_value": 17.035419, "relative_strength": -4.725892, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.578796, "energy": 62.565122, "activity_lines": [ 18.77238, 18.517275, 17.970211, 17.633313 ] }, { "date": "2026-08-07", "close": 18.65, "volume": 61800, "typical_volume": 88390.0, "trend": 17.503231, "fair_value": 17.016836, "relative_strength": -6.012629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.426371, "energy": 46.767761, "activity_lines": [ 18.716832, 18.584152, 18.089747, 17.707226 ] } ], "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." } } }