{ "ticker": { "uuid": "191e2273-45d5-4d46-bf7d-a0ebee28979b", "symbol": "SBR", "name": "Sabine Royalty Trust", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 89.306, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 3.333, "architecture_energy": 4.605, "architecture_maturity": 21.735, "architecture_confidence": 74.501, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 55.0, "rotation_up": 24.79, "upward_expansion": 44.32, "deceleration": 81.54, "rotation_down": 27.67, "downward_expansion": 31.65 }, "activity_lines": [ 72.862709, 72.908836, 73.651, 73.473465 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 72.21, "trend_reference": 72.546589, "distance_from_trend": -0.00464, "trend_direction": "Improving", "fair_value": 61.177246, "distance_from_fair_value": 0.180341, "fair_value_direction": "Weakening", "relative_strength": -10.111768, "relative_strength_direction": "Weakening", "price_momentum": 0.065155, "excess_performance": -0.06047, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.00464, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.013916, "read": "Rising" }, { "label": "Price 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"direction": 5.166673, "energy": 15.479816, "activity_lines": [ 72.566248, 73.59952, 74.028229, 73.219782 ] }, { "date": "2026-07-17", "close": 73.01, "volume": 149167, "typical_volume": 188496.75, "trend": 71.943862, "fair_value": 60.802691, "relative_strength": -5.690894, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.251415, "energy": 12.071177, "activity_lines": [ 72.668014, 73.353786, 73.944468, 73.304059 ] }, { "date": "2026-07-24", "close": 73.8, "volume": 162760, "typical_volume": 187387.85, "trend": 72.148252, "fair_value": 60.939724, "relative_strength": -4.130283, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.366753, "energy": 8.543478, "activity_lines": [ 73.088557, 73.287516, 73.928219, 73.42381 ] }, { "date": "2026-07-31", "close": 73.02, "volume": 206507, "typical_volume": 188133.3, "trend": 72.312089, "fair_value": 61.061918, "relative_strength": -6.11665, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.149082, "energy": 6.586612, "activity_lines": [ 73.120012, 73.140142, 73.827035, 73.480051 ] }, { "date": "2026-08-07", "close": 72.21, "volume": 277083, "typical_volume": 186136.15, "trend": 72.546589, "fair_value": 61.177246, "relative_strength": -10.111768, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.333497, "energy": 4.605176, "activity_lines": [ 72.862709, 72.908836, 73.651, 73.473465 ] } ], "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." } } }