{ "ticker": { "uuid": "86d36905-c0b8-473d-a908-4946ebbf4cd7", "symbol": "DLR", "name": "Digital Realty Trust Inc", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 84.83, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 40.802, "architecture_energy": 25.276, "architecture_maturity": 29.543, "architecture_confidence": 60.405, "architecture_tenure": "Developing", "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": 38.25, "rotation_up": 53.18, "upward_expansion": 66.63, "deceleration": 57.66, "rotation_down": 19.23, "downward_expansion": 14.63 }, "activity_lines": [ 189.899333, 186.935287, 187.744617, 186.169232 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 193.8, "trend_reference": 182.169574, "distance_from_trend": 0.063844, "trend_direction": "Improving", "fair_value": 154.230023, "distance_from_fair_value": 0.256565, "fair_value_direction": "Weakening", "relative_strength": -0.293386, "relative_strength_direction": "Weakening", "price_momentum": 0.144411, "excess_performance": 0.018786, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063844, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059086, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.256565, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.062877, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002934, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.023976, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.144411, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.887059, "read": "Supply-led" } ], "volume": { "latest": 11346646, "relative_activity": 0.894016, "balance": 0.887059, "dry_up": 1.163815, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.064241, "annualized_volatility": 0.331373, "from_high_reference": -0.065889, "from_low_reference": 0.343116 }, "levels": { "trend_reference": 182.169574, "fair_value_reference": 154.230023, "structural_low": 165.565548, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.003777, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": -0.023105, "regime_survival": 0.615385, "best_return": 0.087825, "worst_return": -0.12746, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.051008, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.009425, "regime_survival": 0.166667, "best_return": 0.210222, "worst_return": -0.237212, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.067378, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.009499, "regime_survival": 0.2, "best_return": 0.182922, "worst_return": -0.161976, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.120954, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.200919, "regime_survival": 0.0, "best_return": 0.355531, "worst_return": -0.282337, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-09-13", "tenure": "Developing", "return": 0.070521, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2024-12-27", "tenure": "Established", "return": 0.129896, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-21", "tenure": "Developing", "return": -0.090129, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-28", "end": "2025-03-28", "tenure": "Developing", "return": -0.083503, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-09", "tenure": "Developing", "return": 0.211418, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": -0.01135, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": -0.010914, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.062254, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-11-21", "tenure": "Established", "return": -0.052583, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": 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"typical_volume": 11768837.05, "trend": 177.33955, "fair_value": 152.211522, "relative_strength": -5.518398, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.672102, "energy": 11.362739, "activity_lines": [ 182.236172, 184.482619, 186.683976, 183.648322 ] }, { "date": "2026-07-17", "close": 173.88, "volume": 13616314, "typical_volume": 11941565.15, "trend": 178.202165, "fair_value": 152.624205, "relative_strength": -7.193473, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.786978, "energy": 20.043246, "activity_lines": [ 179.006, 182.201744, 185.594882, 183.425125 ] }, { "date": "2026-07-24", "close": 199.08, "volume": 20961736, "typical_volume": 12455338.1, "trend": 179.739666, "fair_value": 153.183061, "relative_strength": 6.924971, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.4152, "energy": 18.558691, "activity_lines": [ 184.783333, 184.869047, 186.910411, 184.772082 ] }, { "date": "2026-07-31", "close": 188.52, "volume": 13158820, "typical_volume": 12602073.45, "trend": 180.924509, "fair_value": 153.6907, "relative_strength": 0.307663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.59703, "energy": 14.630583, "activity_lines": [ 186.312, 185.401701, 187.100103, 185.338555 ] }, { "date": "2026-08-07", "close": 193.8, "volume": 11346646, "typical_volume": 12691771.75, "trend": 182.169574, "fair_value": 154.230023, "relative_strength": -0.293386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.801862, "energy": 25.276238, "activity_lines": [ 189.899333, 186.935287, 187.744617, 186.169232 ] } ], "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." } } }