{ "ticker": { "uuid": "8eca71fb-94b4-453c-96ef-24814ad4410e", "symbol": "SSRM", "name": "SSR Mining Inc.", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 92.477, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 5.644, "architecture_energy": 12.602, "architecture_maturity": 17.967, "architecture_confidence": 53.063, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 63.36, "rotation_up": 24.78, "upward_expansion": 18.12, "deceleration": 56.2, "rotation_down": 49.13, "downward_expansion": 40.79 }, "activity_lines": [ 39.364, 39.934909, 40.707381, 40.584774 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 44.259998, "trend_reference": 39.748, "distance_from_trend": 0.113515, "trend_direction": "Improving", "fair_value": 19.888292, "distance_from_fair_value": 1.22543, "fair_value_direction": "Weakening", "relative_strength": 11.203136, "relative_strength_direction": "Weakening", "price_momentum": 0.3404, "excess_performance": 0.219978, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.113515, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.089792, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.22543, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.356783, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.112031, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.311273, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.3404, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.80973, "read": "Supply-led" } ], "volume": { "latest": 2738200, "relative_activity": 1.52571, "balance": 0.80973, "dry_up": 1.221259, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.113699, "annualized_volatility": 0.782288, "from_high_reference": -0.122522, "from_low_reference": 1.186759 }, "levels": { "trend_reference": 39.748, "fair_value_reference": 19.888292, "structural_low": 30.959999, "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": 11, "median_return": 0.027099, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": 0.022569, "regime_survival": 0.363636, "best_return": 0.094854, "worst_return": -0.131342, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.048732, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.046915, "regime_survival": 0.0, "best_return": 0.093915, "worst_return": -0.189658, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.02135, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.01232, "regime_survival": 0.0, "best_return": 0.928571, "worst_return": -0.185386, "sufficient": false }, { 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44.869999, "volume": 174900, "typical_volume": 1998555.0, "trend": 38.394, "fair_value": 19.262713, "relative_strength": 21.134192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.459205, "energy": 28.552986, "activity_lines": [ 42.310667, 41.886727, 41.734952, 40.591054 ] }, { "date": "2026-07-10", "close": 40.419998, "volume": 2230700, "typical_volume": 1971460.0, "trend": 38.722666, "fair_value": 19.398776, "relative_strength": 7.943768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.891679, "energy": 22.232413, "activity_lines": [ 42.096666, 41.615636, 41.641524, 40.721763 ] }, { "date": "2026-07-17", "close": 35.84, "volume": 1911800, "typical_volume": 1907700.0, "trend": 38.861, "fair_value": 19.50472, "relative_strength": -4.903492, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.192755, "energy": 4.188818, "activity_lines": [ 40.144666, 40.498, 41.117952, 40.535785 ] }, { "date": "2026-07-24", "close": 37.900002, "volume": 2192000, "typical_volume": 1823480.0, "trend": 39.085333, "fair_value": 19.62761, "relative_strength": -0.540675, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.234643, "energy": 17.889484, "activity_lines": [ 39.028667, 39.953637, 40.82881, 40.473785 ] }, { "date": "2026-07-31", "close": 35.84, "volume": 1925200, "typical_volume": 1796785.0, "trend": 39.294333, "fair_value": 19.733363, "relative_strength": -6.235733, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.837614, "energy": 33.619381, "activity_lines": [ 37.602, 39.131273, 40.360429, 40.264409 ] }, { "date": "2026-08-07", "close": 44.259998, "volume": 2738200, "typical_volume": 1794705.0, "trend": 39.748, "fair_value": 19.888292, "relative_strength": 11.203136, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.644312, "energy": 12.602265, "activity_lines": [ 39.364, 39.934909, 40.707381, 40.584774 ] } ], "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." } } }