{ "ticker": { "uuid": "63a27f4b-7a38-4354-8553-6eb1f2224b3d", "symbol": "BNL", "name": "Broadstone Net Lease\u00a0Inc", "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": 61.654, "architecture_energy": 50.697, "architecture_maturity": 56.745, "architecture_confidence": 69.61, "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": 12.55, "rotation_up": 58.49, "upward_expansion": 80.45, "deceleration": 67.07, "rotation_down": 20.78, "downward_expansion": 7.12 }, "activity_lines": [ 21.653333, 21.528719, 20.952556, 20.467976 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 20.93, "trend_reference": 19.850212, "distance_from_trend": 0.054397, "trend_direction": "Improving", "fair_value": 15.892351, "distance_from_fair_value": 0.316986, "fair_value_direction": "Improving", "relative_strength": -0.697435, "relative_strength_direction": "Weakening", "price_momentum": 0.104106, "excess_performance": -0.021519, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054397, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.072048, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.316986, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.032101, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.006974, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.010541, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.104106, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.675418, "read": "Demand-led" } ], "volume": { "latest": 14394095, "relative_activity": 1.251652, "balance": 1.675418, "dry_up": 0.852138, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.043384, "annualized_volatility": 0.20165, "from_high_reference": -0.093939, "from_low_reference": 0.332818 }, "levels": { "trend_reference": 19.850212, "fair_value_reference": 15.892351, "structural_low": 18.1, 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"stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.795907, "energy": 81.645048, "activity_lines": [ 21.216921, 20.799585, 20.266795, 19.855107 ] }, { "date": "2026-07-17", "close": 22.8, "volume": 8240392, "typical_volume": 11417067.15, "trend": 19.423274, "fair_value": 15.738986, "relative_strength": 13.451188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.107084, "energy": 92.902964, "activity_lines": [ 21.812729, 21.224782, 20.550824, 20.085518 ] }, { "date": "2026-07-24", "close": 22.36, "volume": 5536674, "typical_volume": 11178726.9, "trend": 19.603894, "fair_value": 15.794644, "relative_strength": 11.422714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.483106, "energy": 88.854818, "activity_lines": [ 22.126936, 21.511487, 20.775255, 20.274984 ] }, { "date": "2026-07-31", "close": 21.41, "volume": 11027470, "typical_volume": 11340294.8, "trend": 19.744732, "fair_value": 15.845275, "relative_strength": 5.269747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.246382, "energy": 75.008113, "activity_lines": [ 21.986667, 21.575509, 20.892487, 20.391507 ] }, { "date": "2026-08-07", "close": 20.93, "volume": 14394095, "typical_volume": 11500078.85, "trend": 19.850212, "fair_value": 15.892351, "relative_strength": -0.697435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.65367, "energy": 50.697309, "activity_lines": [ 21.653333, 21.528719, 20.952556, 20.467976 ] } ], "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." } } }