{ "ticker": { "uuid": "90ec45dd-720e-42d0-a6b3-e39efcb24fc8", "symbol": "ECOR", "name": "Ecora Royalties PLC", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 77.117, "architecture_energy": 62.831, "architecture_maturity": 15.006, "architecture_confidence": 85.149, "architecture_tenure": "New", "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": 35.51, "rotation_up": 63.53, "upward_expansion": 80.76, "deceleration": 51.49, "rotation_down": 16.0, "downward_expansion": 16.76 }, "activity_lines": [ 2.690667, 2.623372, 2.600391, 2.580017 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 2.99, "trend_reference": 2.571885, "distance_from_trend": 0.162571, "trend_direction": "Improving", "fair_value": 1.604295, "distance_from_fair_value": 0.863747, "fair_value_direction": "Improving", "relative_strength": 21.034036, "relative_strength_direction": "Weakening", "price_momentum": 0.177165, "excess_performance": 0.056744, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.162571, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.085976, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.863747, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.128198, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.21034, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.085253, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.177165, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.462441, "read": "Demand-led" } ], "volume": { "latest": 262000, "relative_activity": 2.197802, "balance": 1.462441, "dry_up": 1.493583, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.052045, "annualized_volatility": 0.354367, "from_high_reference": 0.0, "from_low_reference": 1.3 }, "levels": { "trend_reference": 2.571885, "fair_value_reference": 1.604295, "structural_low": 2.24, "invalidation": "A sustained 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"2026-07-17", "close": 2.44, "volume": 119700, "typical_volume": 134705.0, "trend": 2.521552, "fair_value": 1.586708, "relative_strength": 4.427141, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.711413, "energy": 17.008403, "activity_lines": [ 2.497891, 2.538129, 2.548485, 2.544833 ] }, { "date": "2026-07-24", "close": 2.55, "volume": 81500, "typical_volume": 121780.0, "trend": 2.534219, "fair_value": 1.591384, "relative_strength": 8.12291, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.431008, "energy": 13.706836, "activity_lines": [ 2.503302, 2.535824, 2.550787, 2.546669 ] }, { "date": "2026-07-31", "close": 2.61, "volume": 249000, "typical_volume": 118775.0, "trend": 2.548885, "fair_value": 1.596798, "relative_strength": 10.219771, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.630101, "energy": 7.813769, "activity_lines": [ 2.534, 2.545328, 2.558185, 2.551558 ] }, { "date": "2026-08-07", "close": 2.99, "volume": 262000, "typical_volume": 119210.0, "trend": 2.571885, "fair_value": 1.604295, "relative_strength": 21.034036, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.117312, "energy": 62.831425, "activity_lines": [ 2.690667, 2.623372, 2.600391, 2.580017 ] } ], "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." } } }