{
  "ticker": {
    "uuid": "498c66ae-f488-4631-a229-b389569fe9dd",
    "symbol": "IFP",
    "name": "Interfor Corporation",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 63.263,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 81.219,
    "architecture_energy": 60.545,
    "architecture_maturity": 41.922,
    "architecture_confidence": 78.841,
    "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": 9.78,
        "rotation_up": 68.18,
        "upward_expansion": 81.73,
        "deceleration": 62.05,
        "rotation_down": 16.48,
        "downward_expansion": 8.4
      },
      "activity_lines": [
        13.101333,
        12.759455,
        11.801571,
        11.266989
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 14.12,
    "trend_reference": 10.767,
    "distance_from_trend": 0.311415,
    "trend_direction": "Improving",
    "fair_value": 15.354295,
    "distance_from_fair_value": -0.080388,
    "fair_value_direction": "Improving",
    "relative_strength": 21.465902,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.213058,
    "excess_performance": 0.092637,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.311415,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.141459,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.080388,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.337727,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.214659,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.433879,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.213058,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.198202,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1464000,
      "relative_activity": 1.391483,
      "balance": 1.198202,
      "dry_up": 1.014053,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.084387,
      "annualized_volatility": 0.511813,
      "from_high_reference": -0.009123,
      "from_low_reference": 1.002837
    },
    "levels": {
      "trend_reference": 10.767,
      "fair_value_reference": 15.354295,
      "structural_low": 7.83,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.007168,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.017515,
        "regime_survival": 0.5,
        "best_return": 0.160839,
        "worst_return": -0.173779,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.137039,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.1668,
        "regime_survival": 0.333333,
        "best_return": 0.076966,
        "worst_return": -0.222108,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.252657,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.242962,
        "regime_survival": 0.0,
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        "worst_return": -0.343076,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.475648,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.573437,
        "regime_survival": 0.0,
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        "worst_return": -0.606612,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-04-26",
        "tenure": "Established",
        "return": -0.113366,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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      },
      {
        "regime": "balance",
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      {
        "regime": "rotation_up",
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        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-12-27",
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        "return": -0.131455,
        "active": false
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        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-01-31",
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        "active": false
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "active": false
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        "active": false
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      },
      {
        "date": "2026-05-01",
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      },
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      },
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 14.310393,
        "stage": 1,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 1142640.0,
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        "fair_value": 15.619872,
        "relative_strength": 7.715537,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.619166,
        "energy": 81.399045,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 13.28,
        "volume": 1206100,
        "typical_volume": 1150230.0,
        "trend": 10.351333,
        "fair_value": 15.544487,
        "relative_strength": 15.765251,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.142393,
        "energy": 84.83515,
        "activity_lines": [
          12.75,
          12.054545,
          11.142571,
          10.780538
        ]
      },
      {
        "date": "2026-07-24",
        "close": 12.56,
        "volume": 728100,
        "typical_volume": 1117570.0,
        "trend": 10.493667,
        "fair_value": 15.471731,
        "relative_strength": 9.942389,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.912161,
        "energy": 73.178487,
        "activity_lines": [
          12.780667,
          12.274909,
          11.337238,
          10.923032
        ]
      },
      {
        "date": "2026-07-31",
        "close": 12.31,
        "volume": 869400,
        "typical_volume": 1075340.0,
        "trend": 10.605,
        "fair_value": 15.406731,
        "relative_strength": 8.90599,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.432356,
        "energy": 52.659599,
        "activity_lines": [
          12.653333,
          12.377273,
          11.491429,
          11.040215
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.12,
        "volume": 1464000,
        "typical_volume": 1052115.0,
        "trend": 10.767,
        "fair_value": 15.354295,
        "relative_strength": 21.465902,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.219435,
        "energy": 60.545255,
        "activity_lines": [
          13.101333,
          12.759455,
          11.801571,
          11.266989
        ]
      }
    ],
    "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."
    }
  }
}