{ "ticker": { "uuid": "640ea18a-1803-48d8-b9a3-2ab0dfac0a3e", "symbol": "DHT-UN", "name": "DRI Healthcare 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 93.348, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 33.645, "architecture_energy": 20.152, "architecture_maturity": 50.381, "architecture_confidence": 83.345, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 44.62, "rotation_up": 26.85, "upward_expansion": 56.74, "deceleration": 88.04, "rotation_down": 29.16, "downward_expansion": 18.08 }, "activity_lines": [ 17.643332, 17.900737, 17.575117, 17.295926 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 17.629999, "trend_reference": 16.894256, "distance_from_trend": 0.04355, "trend_direction": "Improving", "fair_value": 13.511237, "distance_from_fair_value": 0.30484, "fair_value_direction": "Improving", "relative_strength": -2.656151, "relative_strength_direction": "Improving", "price_momentum": 0.092124, "excess_performance": -0.028297, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.04355, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040986, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.30484, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.064285, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.026562, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.029702, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.092124, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.161809, "read": "Demand-led" } ], "volume": { "latest": 177800, "relative_activity": 0.727838, "balance": 2.161809, "dry_up": 0.92259, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.060834, "annualized_volatility": 0.247209, "from_high_reference": -0.107342, "from_low_reference": 0.304082 }, "levels": { "trend_reference": 16.894256, "fair_value_reference": 13.511237, "structural_low": 15.350567, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.006723, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.020815, "regime_survival": 0.555556, "best_return": 0.119473, "worst_return": -0.200084, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.017698, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.0033, "regime_survival": 0.0, "best_return": 0.187366, "worst_return": -0.122346, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.051734, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.010416, "regime_survival": 0.0, "best_return": 0.531102, "worst_return": -0.092705, "sufficient": false }, { "horizon": "Full cycle", 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"rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": -0.075053, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": -0.034263, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-05-16", "tenure": "Established", "return": 0.071903, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.025316, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2026-01-02", "tenure": "Extended", "return": 0.241793, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-09", "end": "2026-02-27", "tenure": "Developing", "return": 0.052271, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-04-24", "tenure": "Developing", "return": -0.025104, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": 0.120489, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-07-31", "tenure": "Developing", "return": -0.058915, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.174341, "volume": 286140, "typical_volume": 282973.75, "trend": 7.784728, "fair_value": 6.530712, "relative_strength": 59.879067, "stage": 2, "regime": "upward_expansion", "modifier": 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17.068927 ] }, { "date": "2026-07-17", "close": 18.139999, "volume": 204400, "typical_volume": 235125.0, "trend": 16.73286, "fair_value": 13.380811, "relative_strength": 3.066553, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.612436, "energy": 48.199163, "activity_lines": [ 18.364967, 18.111305, 17.487544, 17.164391 ] }, { "date": "2026-07-24", "close": 17.459999, "volume": 266000, "typical_volume": 238470.0, "trend": 16.791254, "fair_value": 13.423924, "relative_strength": -0.998322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.469621, "energy": 41.061709, "activity_lines": [ 18.106862, 18.061501, 17.518848, 17.211303 ] }, { "date": "2026-07-31", "close": 17.309999, "volume": 253300, "typical_volume": 245905.0, "trend": 16.837091, "fair_value": 13.465906, "relative_strength": -1.38632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.90303, "energy": 22.55278, "activity_lines": [ 17.821999, 17.957952, 17.533368, 17.24477 ] }, { "date": "2026-08-07", "close": 17.629999, "volume": 177800, "typical_volume": 244285.0, "trend": 16.894256, "fair_value": 13.511237, "relative_strength": -2.656151, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.644529, "energy": 20.151701, "activity_lines": [ 17.643332, 17.900737, 17.575117, 17.295926 ] } ], "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." } } }