{ "ticker": { "uuid": "c03574c7-0e1d-4aca-914e-ef29dafe012a", "symbol": "CHR", "name": "Chorus Aviation 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": "Re-acceleration watch", "architecture_gate": "up", "architecture_direction": 87.958, "architecture_energy": 72.78, "architecture_maturity": 21.578, "architecture_confidence": 82.226, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 20.67, "rotation_up": 70.47, "upward_expansion": 84.67, "deceleration": 50.1, "rotation_down": 12.2, "downward_expansion": 13.67 }, "activity_lines": [ 25.800667, 25.18422, 24.611021, 24.133149 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 28.65, "trend_reference": 23.489006, "distance_from_trend": 0.21972, "trend_direction": "Improving", "fair_value": 19.659993, "distance_from_fair_value": 0.457274, "fair_value_direction": "Improving", "relative_strength": 12.903288, "relative_strength_direction": "Improving", "price_momentum": 0.352636, "excess_performance": 0.232215, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.21972, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048334, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.457274, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.263889, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.129033, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.185789, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.352636, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.669807, "read": "Demand-led" } ], "volume": { "latest": 543800, "relative_activity": 3.86881, "balance": 6.669807, "dry_up": 1.791406, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.045835, "annualized_volatility": 0.315451, "from_high_reference": 0.0, "from_low_reference": 0.483984 }, "levels": { "trend_reference": 23.489006, "fair_value_reference": 19.659993, "structural_low": 20.606264, "invalidation": "A sustained loss of 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"volume": 164300, "typical_volume": 134775.0, "trend": 23.029045, "fair_value": 19.553822, "relative_strength": -1.625339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.779257, "energy": 33.019497, "activity_lines": [ 24.398, 24.386998, 23.984946, 23.612115 ] }, { "date": "2026-07-24", "close": 24.24, "volume": 87200, "typical_volume": 127870.0, "trend": 23.138942, "fair_value": 19.567987, "relative_strength": -1.872805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.447776, "energy": 24.370396, "activity_lines": [ 24.309333, 24.374939, 24.050384, 23.690241 ] }, { "date": "2026-07-31", "close": 24.6, "volume": 211900, "typical_volume": 126415.0, "trend": 23.245978, "fair_value": 19.602995, "relative_strength": 0.2613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.300809, "energy": 23.349458, "activity_lines": [ 24.381333, 24.417657, 24.143371, 23.784503 ] }, { "date": "2026-08-07", "close": 28.65, "volume": 543800, "typical_volume": 140560.0, "trend": 23.489006, "fair_value": 19.659993, "relative_strength": 12.903288, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 87.957593, "energy": 72.780113, "activity_lines": [ 25.800667, 25.18422, 24.611021, 24.133149 ] } ], "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." } } }