{ "ticker": { "uuid": "1d59315b-cf9d-438e-a3e9-7f88e413086e", "symbol": "DIR-UN", "name": "Dream Industrial 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 65.224, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 57.95, "architecture_energy": 45.439, "architecture_maturity": 50.073, "architecture_confidence": 58.257, "architecture_tenure": "Established", "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": 20.54, "rotation_up": 49.73, "upward_expansion": 77.19, "deceleration": 66.37, "rotation_down": 24.05, "downward_expansion": 6.19 }, "activity_lines": [ 14.349778, 14.312742, 14.132113, 13.847451 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 14.09, "trend_reference": 13.516545, "distance_from_trend": 0.042426, "trend_direction": "Improving", "fair_value": 11.843569, "distance_from_fair_value": 0.189675, "fair_value_direction": "Weakening", "relative_strength": -2.418305, "relative_strength_direction": "Weakening", "price_momentum": 0.07415, "excess_performance": -0.046272, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.042426, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05608, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.189675, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017047, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.024183, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.060361, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.07415, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.532884, "read": "Supply-led" } ], "volume": { "latest": 4382338, "relative_activity": 2.117589, "balance": 0.532884, "dry_up": 1.269022, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.031401, "annualized_volatility": 0.187379, "from_high_reference": -0.047336, "from_low_reference": 0.229138 }, "levels": { "trend_reference": 13.516545, "fair_value_reference": 11.843569, "structural_low": 12.000919, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.021932, "positive_rate": 0.56, "directional_follow_through": 0.56, "median_excess_return": 0.002089, "regime_survival": 0.76, "best_return": 0.098422, "worst_return": -0.058597, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.05755, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": 0.015209, "regime_survival": 0.666667, "best_return": 0.112466, "worst_return": -0.071992, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.070125, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.003991, "regime_survival": 0.4, "best_return": 0.149215, "worst_return": -0.121278, "sufficient": true }, { "horizon": "Full cycle", 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2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.584525, "energy": 70.293113, "activity_lines": [ 14.454156, 14.304695, 14.034307, 13.744297 ] }, { "date": "2026-07-31", "close": 14.39, "volume": 1773824, "typical_volume": 2088183.55, "trend": 13.474654, "fair_value": 11.830812, "relative_strength": 2.741236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.572817, "energy": 51.566503, "activity_lines": [ 14.454882, 14.339954, 14.102033, 13.807751 ] }, { "date": "2026-08-07", "close": 14.09, "volume": 4382338, "typical_volume": 2069493.65, "trend": 13.516545, "fair_value": 11.843569, "relative_strength": -2.418305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.950109, "energy": 45.438532, "activity_lines": [ 14.349778, 14.312742, 14.132113, 13.847451 ] } ], "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." } } }