{ "ticker": { "uuid": "2a04dfbe-fef6-421a-9df5-28fde672d745", "symbol": "FCD-UN", "name": "Firm Capital Property 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 69.772, "architecture_energy": 54.155, "architecture_maturity": 91.641, "architecture_confidence": 89.863, "architecture_tenure": "Extended", "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": 7.31, "rotation_up": 56.41, "upward_expansion": 84.08, "deceleration": 54.84, "rotation_down": 26.24, "downward_expansion": 8.42 }, "activity_lines": [ 7.004971, 6.958501, 6.844706, 6.665881 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 7.07, "trend_reference": 6.430276, "distance_from_trend": 0.099486, "trend_direction": "Improving", "fair_value": 5.144855, "distance_from_fair_value": 0.374188, "fair_value_direction": "Improving", "relative_strength": 2.804642, "relative_strength_direction": "Improving", "price_momentum": 0.200479, "excess_performance": 0.080058, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099486, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06357, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.374188, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048026, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.028046, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.029771, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.200479, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.244972, "read": "Demand-led" } ], "volume": { "latest": 34000, "relative_activity": 0.377379, "balance": 2.244972, "dry_up": 0.739775, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.031082, "annualized_volatility": 0.132592, "from_high_reference": -0.001412, "from_low_reference": 0.283298 }, "levels": { "trend_reference": 6.430276, "fair_value_reference": 5.144855, "structural_low": 5.774067, "invalidation": "A 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"2026-07-24", "close": 6.937366, "volume": 74000, "typical_volume": 95385.0, "trend": 6.352709, "fair_value": 5.108042, "relative_strength": 3.569646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.672105, "energy": 49.698569, "activity_lines": [ 6.929871, 6.893522, 6.757023, 6.57766 ] }, { "date": "2026-07-31", "close": 7.04, "volume": 88400, "typical_volume": 93125.0, "trend": 6.389865, "fair_value": 5.125957, "relative_strength": 5.632464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.889706, "energy": 51.386306, "activity_lines": [ 6.966277, 6.925332, 6.802427, 6.622001 ] }, { "date": "2026-08-07", "close": 7.07, "volume": 34000, "typical_volume": 90095.0, "trend": 6.430276, "fair_value": 5.144855, "relative_strength": 2.804642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.771766, "energy": 54.154636, "activity_lines": [ 7.004971, 6.958501, 6.844706, 6.665881 ] } ], "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." } } }