{ "ticker": { "uuid": "89491b01-29d5-4de2-9b39-45789fa1cd37", "symbol": "TSAT", "name": "Telesat Corp", "exchange": "NASDAQ", "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": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 84.718, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "up", "architecture_direction": 47.052, "architecture_energy": 19.938, "architecture_maturity": 28.711, "architecture_confidence": 92.79, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 39.79, "rotation_up": 35.1, "upward_expansion": 52.62, "deceleration": 83.3, "rotation_down": 30.59, "downward_expansion": 25.62 }, "activity_lines": [ 44.677333, 43.671636, 45.601, 44.130968 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 58.92, "trend_reference": 41.038333, "distance_from_trend": 0.435731, "trend_direction": "Improving", "fair_value": 20.83943, "distance_from_fair_value": 1.827333, "fair_value_direction": "Weakening", "relative_strength": 49.092435, "relative_strength_direction": "Weakening", "price_momentum": 1.219209, "excess_performance": 1.031755, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.435731, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.145544, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.827333, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.247226, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.490924, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.099754, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 1.219209, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.978525, "read": "Supply-led" } ], "volume": { "latest": 2428228, "relative_activity": 2.021445, "balance": 0.978525, "dry_up": 1.138217, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.138989, "annualized_volatility": 0.869723, "from_high_reference": -0.003383, "from_low_reference": 2.007657 }, "levels": { "trend_reference": 41.038333, "fair_value_reference": 20.83943, "structural_low": 25.28, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.008618, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.074247, "regime_survival": 0.0, "best_return": 0.178166, "worst_return": -0.195402, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.009385, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.089278, "regime_survival": 0.0, "best_return": 0.055022, "worst_return": -0.036251, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.214699, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.060559, "regime_survival": 0.0, "best_return": 0.239301, "worst_return": 0.190097, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 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"fair_value": 20.182507, "relative_strength": -2.039491, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.794638, "energy": 19.709627, "activity_lines": [ 41.057333, 43.796182, 45.63819, 43.227978 ] }, { "date": "2026-07-24", "close": 37.47, "volume": 798151, "typical_volume": 1140485.8, "trend": 39.886667, "fair_value": 20.364366, "relative_strength": 2.219152, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.817063, "energy": 32.079892, "activity_lines": [ 39.434, 42.192727, 44.977048, 43.089892 ] }, { "date": "2026-07-31", "close": 37.26, "volume": 957302, "typical_volume": 1158754.2, "trend": 40.156667, "fair_value": 20.544879, "relative_strength": 0.671862, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.135516, "energy": 43.984209, "activity_lines": [ 38.283333, 40.815455, 44.264333, 42.92043 ] }, { "date": "2026-08-07", "close": 58.92, "volume": 2428228, "typical_volume": 1201234.05, "trend": 41.038333, "fair_value": 20.83943, "relative_strength": 49.092435, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 47.052037, "energy": 19.938318, "activity_lines": [ 44.677333, 43.671636, 45.601, 44.130968 ] } ], "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." } } }