{ "ticker": { "uuid": "6332dd10-c1d7-4d6e-80da-e0188d3d5404", "symbol": "VET", "name": "Vermilion Energy Inc.", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 60.917, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": 2.314, "architecture_energy": 16.779, "architecture_maturity": 64.62, "architecture_confidence": 63.382, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 55.0, "rotation_up": 50.6, "upward_expansion": 32.9, "deceleration": 47.02, "rotation_down": 19.75, "downward_expansion": 23.9 }, "activity_lines": [ 15.398667, 14.737323, 15.168178, 15.475679 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 15.16, "trend_reference": 15.365359, "distance_from_trend": -0.013365, "trend_direction": "Improving", "fair_value": 13.371912, "distance_from_fair_value": 0.13372, "fair_value_direction": "Weakening", "relative_strength": 0.434255, "relative_strength_direction": "Weakening", "price_momentum": 0.097444, "excess_performance": -0.022977, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.013365, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.064772, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.13372, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.061789, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.004343, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.169992, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.097444, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.512455, "read": "Demand-led" } ], "volume": { "latest": 4926600, "relative_activity": 1.002972, "balance": 1.512455, "dry_up": 1.283937, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.097146, "annualized_volatility": 0.538755, "from_high_reference": -0.25357, "from_low_reference": 0.609413 }, "levels": { "trend_reference": 15.365359, "fair_value_reference": 13.371912, "structural_low": 12.4, "invalidation": "A sustained loss 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"rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.294417, "energy": 61.480128, "activity_lines": [ 13.393, 14.275451, 15.406294, 15.382661 ] }, { "date": "2026-07-17", "close": 13.76, "volume": 4860800, "typical_volume": 5344905.0, "trend": 14.913123, "fair_value": 13.396714, "relative_strength": -5.155232, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.50443, "energy": 63.216127, "activity_lines": [ 13.393333, 14.051885, 15.19259, 15.313993 ] }, { "date": "2026-07-24", "close": 15.89, "volume": 7224100, "typical_volume": 5187790.0, "trend": 15.070915, "fair_value": 13.394237, "relative_strength": 8.962869, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.731393, "energy": 23.929015, "activity_lines": [ 14.216, 14.256682, 15.185399, 15.377018 ] }, { "date": "2026-07-31", "close": 16.68, "volume": 8215300, "typical_volume": 5254720.0, "trend": 15.239834, "fair_value": 13.390151, "relative_strength": 14.421234, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 12.714002, "energy": 14.291198, "activity_lines": [ 15.178, 14.633795, 15.250408, 15.48083 ] }, { "date": "2026-08-07", "close": 15.16, "volume": 4926600, "typical_volume": 4912000.0, "trend": 15.365359, "fair_value": 13.371912, "relative_strength": 0.434255, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.314191, "energy": 16.778648, "activity_lines": [ 15.398667, 14.737323, 15.168178, 15.475679 ] } ], "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." } } }