{ "ticker": { "uuid": "12301ae6-7ae5-4df8-b1f5-4a25860b07cc", "symbol": "STN", "name": "Stantec 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -49.289, "architecture_energy": 42.974, "architecture_maturity": 100.0, "architecture_confidence": 64.871, "architecture_tenure": "Extended", "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": 21.99, "rotation_up": 27.12, "upward_expansion": 18.52, "deceleration": 66.71, "rotation_down": 42.59, "downward_expansion": 68.52 }, "activity_lines": [ 99.063333, 98.686993, 102.683248, 107.393191 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 102.400002, "trend_reference": 114.411793, "distance_from_trend": -0.104987, "trend_direction": "Weakening", "fair_value": 117.471943, "distance_from_fair_value": -0.128302, "fair_value_direction": "Weakening", "relative_strength": -29.111169, "relative_strength_direction": "Weakening", "price_momentum": -0.259698, "excess_performance": -0.380119, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.104987, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.095824, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.128302, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.155936, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.291112, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.048699, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.259698, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.305582, "read": "Supply-led" } ], "volume": { "latest": 2131500, "relative_activity": 1.185932, "balance": 0.305582, "dry_up": 1.320341, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.057835, "annualized_volatility": 0.31795, "from_high_reference": -0.357759, "from_low_reference": 0.09777 }, "levels": { "trend_reference": 114.411793, "fair_value_reference": 117.471943, 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"Established contraction", "gate": "down", "direction": -67.888805, "energy": 65.311812, "activity_lines": [ 98.374028, 100.268288, 107.216219, 112.236362 ] }, { "date": "2026-07-17", "close": 97.379997, "volume": 2468200, "typical_volume": 1674620.0, "trend": 117.819917, "fair_value": 117.264834, "relative_strength": -33.068273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.261926, "energy": 62.811262, "activity_lines": [ 98.007251, 99.248205, 105.785929, 110.848291 ] }, { "date": "2026-07-24", "close": 95.129997, "volume": 2242000, "typical_volume": 1697730.0, "trend": 116.644827, "fair_value": 117.313609, "relative_strength": -33.953955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.326241, "energy": 63.060847, "activity_lines": [ 97.12096, 98.217233, 104.277818, 109.384425 ] }, { "date": "2026-07-31", "close": 98.93, "volume": 2650600, "typical_volume": 1757070.0, "trend": 115.549313, "fair_value": 117.378953, "relative_strength": -30.142876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.435153, "energy": 54.298702, "activity_lines": [ 97.545332, 98.077062, 103.263014, 108.241533 ] }, { "date": "2026-08-07", "close": 102.400002, "volume": 2131500, "typical_volume": 1797320.0, "trend": 114.411793, "fair_value": 117.471943, "relative_strength": -29.111169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.289095, "energy": 42.97442, "activity_lines": [ 99.063333, 98.686993, 102.683248, 107.393191 ] } ], "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." } } }