{ "ticker": { "uuid": "2a8440c9-2acd-46c2-b2df-6a3345f74760", "symbol": "CM", "name": "Canadian Imperial Bank Of Commerce", "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": 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": 64.948, "architecture_energy": 61.292, "architecture_maturity": 43.898, "architecture_confidence": 90.93, "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": 15.62, "rotation_up": 65.93, "upward_expansion": 86.59, "deceleration": 51.13, "rotation_down": 18.81, "downward_expansion": 10.93 }, "activity_lines": [ 118.685333, 117.032265, 114.147466, 110.584444 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 118.7, "trend_reference": 105.631308, "distance_from_trend": 0.12372, "trend_direction": "Improving", "fair_value": 65.809318, "distance_from_fair_value": 0.803696, "fair_value_direction": "Weakening", "relative_strength": 11.078719, "relative_strength_direction": "Weakening", "price_momentum": 0.23798, "excess_performance": 0.112355, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.12372, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.093582, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.803696, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.036789, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.110787, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.048312, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.23798, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.464412, "read": "Demand-led" } ], "volume": { "latest": 3555310, "relative_activity": 0.526405, "balance": 3.464412, "dry_up": 0.699319, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.040624, "annualized_volatility": 0.214278, "from_high_reference": -0.03102, "from_low_reference": 0.677915 }, "levels": { "trend_reference": 105.631308, "fair_value_reference": 65.809318, "structural_low": 91.26, 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"regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.565883, "energy": 76.345025, "activity_lines": [ 117.753981, 115.343863, 112.315442, 108.725416 ] }, { "date": "2026-07-31", "close": 118.55, "volume": 4469780, "typical_volume": 6903552.35, "trend": 104.674674, "fair_value": 65.282403, "relative_strength": 15.494702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.51653, "energy": 75.241879, "activity_lines": [ 118.379333, 116.20917, 113.281565, 109.679584 ] }, { "date": "2026-08-07", "close": 118.7, "volume": 3555310, "typical_volume": 6753940.4, "trend": 105.631308, "fair_value": 65.809318, "relative_strength": 11.078719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.948134, "energy": 61.292265, "activity_lines": [ 118.685333, 117.032265, 114.147466, 110.584444 ] } ], "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." } } }