{ "ticker": { "uuid": "3c93e54b-08a0-42fb-91f3-6f4ceb47f0c9", "symbol": "KEY", "name": "Keyera Corp.", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 57.871, "architecture_energy": 44.783, "architecture_maturity": 33.24, "architecture_confidence": 79.888, "architecture_tenure": "Developing", "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": 19.94, "rotation_up": 51.8, "upward_expansion": 76.79, "deceleration": 59.9, "rotation_down": 21.99, "downward_expansion": 5.79 }, "activity_lines": [ 58.880001, 58.506065, 57.230507, 55.907458 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 57.110001, "trend_reference": 53.706772, "distance_from_trend": 0.063367, "trend_direction": "Improving", "fair_value": 40.139088, "distance_from_fair_value": 0.422803, "fair_value_direction": "Improving", "relative_strength": 3.662252, "relative_strength_direction": "Improving", "price_momentum": 0.173202, "excess_performance": 0.052781, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063367, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.104279, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.422803, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.06409, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.036623, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.029298, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.173202, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.759166, "read": "Demand-led" } ], "volume": { "latest": 6308800, "relative_activity": 1.211252, "balance": 1.759166, "dry_up": 0.996646, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.049004, "annualized_volatility": 0.258853, "from_high_reference": -0.070021, "from_low_reference": 0.456413 }, "levels": { "trend_reference": 53.706772, "fair_value_reference": 40.139088, "structural_low": 47.204048, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": 0.013281, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": 0.007121, "regime_survival": 0.727273, "best_return": 0.071446, "worst_return": -0.11194, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.016543, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": 0.031326, "regime_survival": 0.538462, "best_return": 0.158294, "worst_return": -0.072584, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.063331, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.010672, "regime_survival": 0.285714, "best_return": 0.234029, "worst_return": -0.102818, "sufficient": true }, { 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.748548, "energy": 54.301375, "activity_lines": [ 59.47, 58.694068, 57.089736, 55.653753 ] }, { "date": "2026-08-07", "close": 57.110001, "volume": 6308800, "typical_volume": 5208495.0, "trend": 53.706772, "fair_value": 40.139088, "relative_strength": 3.662252, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.870607, "energy": 44.782764, "activity_lines": [ 58.880001, 58.506065, 57.230507, 55.907458 ] } ], "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." } } }