{ "ticker": { "uuid": "a2e577a1-7bd6-4910-900f-d8f34ae5d57a", "symbol": "WPM", "name": "Wheaton Precious Metals Corp", "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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 91.401, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -24.704, "architecture_energy": 19.805, "architecture_maturity": 38.979, "architecture_confidence": 86.532, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 40.91, "rotation_up": 26.83, "upward_expansion": 16.64, "deceleration": 41.98, "rotation_down": 36.29, "downward_expansion": 66.64 }, "activity_lines": [ 117.331333, 115.504364, 120.210919, 124.656431 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 134.2, "trend_reference": 130.278803, "distance_from_trend": 0.030099, "trend_direction": "Improving", "fair_value": 79.734908, "distance_from_fair_value": 0.683077, "fair_value_direction": "Weakening", "relative_strength": -0.523599, "relative_strength_direction": "Weakening", "price_momentum": -0.010105, "excess_performance": -0.13573, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.030099, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008234, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.683077, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.204465, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.005236, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.10348, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.010105, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.574219, "read": "Supply-led" } ], "volume": { "latest": 12840834, "relative_activity": 1.263903, "balance": 0.574219, "dry_up": 0.914922, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.097799, "annualized_volatility": 0.638728, "from_high_reference": -0.187947, "from_low_reference": 0.485125 }, "levels": { "trend_reference": 130.278803, "fair_value_reference": 79.734908, "structural_low": 101.59, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.02995, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": 0.02553, "regime_survival": 0.636364, "best_return": 0.166209, "worst_return": -0.057893, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.105237, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.089581, "regime_survival": 0.2, "best_return": 0.456367, "worst_return": -0.087571, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.17024, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.223764, "regime_survival": 0.0, "best_return": 0.328832, "worst_return": -0.049548, "sufficient": false }, { "horizon": "Full 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130.233747, "fair_value": 78.731675, "relative_strength": -13.411818, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.540165, "energy": 59.406916, "activity_lines": [ 109.936667, 113.460476, 120.829698, 125.750282 ] }, { "date": "2026-07-31", "close": 109.03, "volume": 7786220, "typical_volume": 10472986.8, "trend": 129.950929, "fair_value": 79.156701, "relative_strength": -16.206513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.550442, "energy": 57.759547, "activity_lines": [ 109.296, 112.036909, 119.249313, 124.382298 ] }, { "date": "2026-08-07", "close": 134.2, "volume": 12840834, "typical_volume": 10159665.55, "trend": 130.278803, "fair_value": 79.734908, "relative_strength": -0.523599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.704197, "energy": 19.805363, "activity_lines": [ 117.331333, 115.504364, 120.210919, 124.656431 ] } ], "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." } } }