{ "ticker": { "uuid": "91e8954d-2f31-46a9-b536-3e4eb2a9b204", "symbol": "QBR-B", "name": "Quebecor 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": 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 56.036, "architecture_energy": 36.537, "architecture_maturity": 66.482, "architecture_confidence": 94.817, "architecture_tenure": "New", "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": 28.44, "rotation_up": 39.9, "upward_expansion": 62.02, "deceleration": 85.41, "rotation_down": 27.06, "downward_expansion": 21.02 }, "activity_lines": [ 66.775333, 67.056545, 65.635245, 63.437037 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 68.610001, "trend_reference": 59.999023, "distance_from_trend": 0.143519, "trend_direction": "Improving", "fair_value": 38.577823, "distance_from_fair_value": 0.778483, "fair_value_direction": "Improving", "relative_strength": 13.726584, "relative_strength_direction": "Improving", "price_momentum": 0.357563, "excess_performance": 0.237141, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.143519, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.103015, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.778483, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.184983, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.137266, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.060489, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.357563, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.183028, "read": "Demand-led" } ], "volume": { "latest": 6410600, "relative_activity": 1.72601, "balance": 2.183028, "dry_up": 1.156918, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.047803, "annualized_volatility": 0.290703, "from_high_reference": -0.030247, "from_low_reference": 0.87098 }, "levels": { "trend_reference": 59.999023, "fair_value_reference": 38.577823, "structural_low": 49.926984, "invalidation": "A 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}, { "date": "2026-07-17", "close": 68.199997, "volume": 3278300, "typical_volume": 3938230.0, "trend": 58.468712, "fair_value": 37.868162, "relative_strength": 18.566136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.381841, "energy": 57.546491, "activity_lines": [ 67.627999, 67.57966, 64.572121, 62.017419 ] }, { "date": "2026-07-24", "close": 65.339996, "volume": 2759600, "typical_volume": 3819305.0, "trend": 58.948582, "fair_value": 38.099116, "relative_strength": 12.715015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.665987, "energy": 44.680258, "activity_lines": [ 66.898665, 67.232633, 64.871918, 62.460728 ] }, { "date": "2026-07-31", "close": 64.870003, "volume": 4739200, "typical_volume": 3721530.0, "trend": 59.398635, "fair_value": 38.334191, "relative_strength": 11.781261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.443086, "energy": 32.356803, "activity_lines": [ 66.166666, 66.793454, 65.090652, 62.842755 ] }, { "date": "2026-08-07", "close": 68.610001, "volume": 6410600, "typical_volume": 3714115.0, "trend": 59.999023, "fair_value": 38.577823, "relative_strength": 13.726584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.036432, "energy": 36.536711, "activity_lines": [ 66.775333, 67.056545, 65.635245, 63.437037 ] } ], "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." } } }