{ "ticker": { "uuid": "660a3711-9963-4a8a-b281-c2dad45e4d0a", "symbol": "TRNO", "name": "Terreno Realty Corporation", "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": 93.995, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 62.36, "architecture_energy": 68.164, "architecture_maturity": 36.135, "architecture_confidence": 72.703, "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": 13.75, "rotation_up": 70.43, "upward_expansion": 87.82, "deceleration": 46.27, "rotation_down": 10.89, "downward_expansion": 14.49 }, "activity_lines": [ 71.197333, 69.911552, 67.984905, 66.762572 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 68.76, "trend_reference": 65.380923, "distance_from_trend": 0.051683, "trend_direction": "Improving", "fair_value": 59.048072, "distance_from_fair_value": 0.164475, "fair_value_direction": "Improving", "relative_strength": -1.596791, "relative_strength_direction": "Weakening", "price_momentum": 0.049155, "excess_performance": -0.07647, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.051683, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044791, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.164475, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.030813, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015968, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002495, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.049155, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.19117, "read": "Demand-led" } ], "volume": { "latest": 3638212, "relative_activity": 0.958938, "balance": 1.19117, "dry_up": 1.026273, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.051985, "annualized_volatility": 0.225437, "from_high_reference": -0.128918, "from_low_reference": 0.331848 }, "levels": { "trend_reference": 65.380923, "fair_value_reference": 59.048072, "structural_low": 58.96, 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72.996923, "energy": 82.079451, "activity_lines": [ 71.498667, 69.060128, 67.15508, 66.069741 ] }, { "date": "2026-07-31", "close": 71.65, "volume": 3239324, "typical_volume": 3779203.15, "trend": 65.054415, "fair_value": 58.959082, "relative_strength": 6.270943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.842635, "energy": 79.38118, "activity_lines": [ 72.018667, 69.804172, 67.731416, 66.523502 ] }, { "date": "2026-08-07", "close": 68.76, "volume": 3638212, "typical_volume": 3794000.5, "trend": 65.380923, "fair_value": 59.048072, "relative_strength": -1.596791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.360206, "energy": 68.164154, "activity_lines": [ 71.197333, 69.911552, 67.984905, 66.762572 ] } ], "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." } } }