{
  "ticker": {
    "uuid": "0ec47a34-f10b-4d30-8c4d-1b3125107e43",
    "symbol": "BIP-UN",
    "name": "Brookfield Infrastructure Partners L.P.",
    "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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 64.14,
    "architecture_energy": 72.454,
    "architecture_maturity": 10.259,
    "architecture_confidence": 75.252,
    "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": 15.65,
        "rotation_up": 74.42,
        "upward_expansion": 91.86,
        "deceleration": 42.47,
        "rotation_down": 10.35,
        "downward_expansion": 16.2
      },
      "activity_lines": [
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        53.782084,
        52.880335
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 54.529999,
    "trend_reference": 51.773691,
    "distance_from_trend": 0.053238,
    "trend_direction": "Improving",
    "fair_value": 42.800421,
    "distance_from_fair_value": 0.274053,
    "fair_value_direction": "Improving",
    "relative_strength": -1.068394,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.067566,
    "excess_performance": -0.052855,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.053238,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.045353,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.274053,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.080442,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.010684,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.032555,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.067566,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.79746,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2215010,
      "relative_activity": 1.231849,
      "balance": 1.79746,
      "dry_up": 1.115438,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.045784,
      "annualized_volatility": 0.204584,
      "from_high_reference": -0.114773,
      "from_low_reference": 0.380107
    },
    "levels": {
      "trend_reference": 51.773691,
      "fair_value_reference": 42.800421,
      "structural_low": 45.462191,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 27,
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        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
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        "regime_survival": 0.703704,
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        "worst_return": -0.139015,
        "sufficient": true
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      {
        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 58.62,
        "volume": 2226175,
        "typical_volume": 1871180.3,
        "trend": 51.492781,
        "fair_value": 42.707211,
        "relative_strength": 9.920581,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 83.815277,
        "energy": 84.313203,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 54.529999,
        "volume": 2215010,
        "typical_volume": 1798118.8,
        "trend": 51.773691,
        "fair_value": 42.800421,
        "relative_strength": -1.068394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 64.140094,
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        "activity_lines": [
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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."
    }
  }
}