{ "ticker": { "uuid": "842299bf-89aa-4d5e-a330-61757f5ed984", "symbol": "TRP", "name": "TC Energy Corp", "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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 60.494, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 14.899, "architecture_energy": 11.358, "architecture_maturity": 99.409, "architecture_confidence": 82.011, "architecture_tenure": "Extended", "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": 60.56, "rotation_up": 26.67, "upward_expansion": 55.74, "deceleration": 85.8, "rotation_down": 27.06, "downward_expansion": 19.4 }, "activity_lines": [ 66.966, 67.47881, 67.142032, 66.130483 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 63.23, "trend_reference": 64.299828, "distance_from_trend": -0.016638, "trend_direction": "Improving", "fair_value": 44.660034, "distance_from_fair_value": 0.415807, "fair_value_direction": "Weakening", "relative_strength": -4.281332, "relative_strength_direction": "Weakening", "price_momentum": 0.067642, "excess_performance": -0.057983, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.016638, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.07982, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.415807, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.130468, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.042813, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.103916, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.067642, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.735373, "read": "Demand-led" } ], "volume": { "latest": 14804412, "relative_activity": 1.196683, "balance": 1.735373, "dry_up": 1.041519, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.056158, "annualized_volatility": 0.255158, "from_high_reference": -0.108181, "from_low_reference": 0.325844 }, "levels": { "trend_reference": 64.299828, "fair_value_reference": 44.660034, "structural_low": 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63.566048, "fair_value": 44.1806, "relative_strength": 12.332501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.84456, "energy": 40.762873, "activity_lines": [ 69.061778, 68.517837, 67.285143, 65.928806 ] }, { "date": "2026-07-31", "close": 67.43, "volume": 9667056, "typical_volume": 12309430.55, "trend": 63.967956, "fair_value": 44.435503, "relative_strength": 5.802422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.944381, "energy": 35.057181, "activity_lines": [ 68.661333, 68.354459, 67.423979, 66.178093 ] }, { "date": "2026-08-07", "close": 63.23, "volume": 14804412, "typical_volume": 12371201.35, "trend": 64.299828, "fair_value": 44.660034, "relative_strength": -4.281332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.898688, "energy": 11.358398, "activity_lines": [ 66.966, 67.47881, 67.142032, 66.130483 ] } ], "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." } } }