{ "ticker": { "uuid": "617bd993-55ab-45de-a9b6-9f4c7894677e", "symbol": "CAR-UN", "name": "Canadian Apartment Properties 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 82.841, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -60.749, "architecture_energy": 41.707, "architecture_maturity": 45.653, "architecture_confidence": 94.707, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 25.71, "rotation_up": 17.25, "upward_expansion": 6.06, "deceleration": 44.67, "rotation_down": 58.18, "downward_expansion": 81.73 }, "activity_lines": [ 34.60303, 34.847487, 34.992095, 35.289216 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 34.25, "trend_reference": 35.888968, "distance_from_trend": -0.045668, "trend_direction": "Weakening", "fair_value": 40.358332, "distance_from_fair_value": -0.151352, "fair_value_direction": "Improving", "relative_strength": -18.118884, "relative_strength_direction": "Improving", "price_momentum": -0.090243, "excess_performance": -0.210664, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.045668, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.017975, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.151352, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.004436, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.181189, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.034806, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.090243, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.596412, "read": "Supply-led" } ], "volume": { "latest": 1897219, "relative_activity": 1.100974, "balance": 0.596412, "dry_up": 1.174597, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.034117, "annualized_volatility": 0.174852, "from_high_reference": -0.18615, "from_low_reference": 0.040771 }, "levels": { "trend_reference": 35.888968, "fair_value_reference": 40.358332, 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"Established contraction", "gate": "down", "direction": -40.98795, "energy": 19.269461, "activity_lines": [ 35.076124, 35.04926, 35.200378, 35.576979 ] }, { "date": "2026-07-24", "close": 34.890793, "volume": 1621861, "typical_volume": 1825119.65, "trend": 36.093314, "fair_value": 40.476926, "relative_strength": -15.790789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.854494, "energy": 24.329926, "activity_lines": [ 35.015629, 35.057079, 35.15178, 35.496721 ] }, { "date": "2026-07-31", "close": 34.66, "volume": 2328031, "typical_volume": 1764918.0, "trend": 36.033016, "fair_value": 40.417592, "relative_strength": -15.193177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.46772, "energy": 30.138589, "activity_lines": [ 34.850393, 34.99068, 35.089151, 35.404249 ] }, { "date": "2026-08-07", "close": 34.25, "volume": 1897219, "typical_volume": 1723218.0, "trend": 35.888968, "fair_value": 40.358332, "relative_strength": -18.118884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.748998, "energy": 41.706786, "activity_lines": [ 34.60303, 34.847487, 34.992095, 35.289216 ] } ], "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." } } }