{
  "ticker": {
    "uuid": "ce0b106f-b2ea-4c9e-80ad-5f51360683a2",
    "symbol": "LIF",
    "name": "Labrador Iron Ore Royalty Corporation",
    "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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -60.516,
    "architecture_energy": 68.604,
    "architecture_maturity": 29.868,
    "architecture_confidence": 84.351,
    "architecture_tenure": "Established",
    "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": 21.14,
        "rotation_up": 10.67,
        "upward_expansion": 15.08,
        "deceleration": 37.85,
        "rotation_down": 67.39,
        "downward_expansion": 86.08
      },
      "activity_lines": [
        26.570667,
        26.946867,
        27.414781,
        27.802516
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 27.040001,
    "trend_reference": 28.413907,
    "distance_from_trend": -0.048353,
    "trend_direction": "Weakening",
    "fair_value": 27.347407,
    "distance_from_fair_value": -0.011241,
    "fair_value_direction": "Weakening",
    "relative_strength": -15.060821,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.073494,
    "excess_performance": -0.193916,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.048353,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.023602,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.011241,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.045161,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.150608,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.035793,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.073494,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.082854,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1104400,
      "relative_activity": 1.266296,
      "balance": 1.082854,
      "dry_up": 1.626928,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.038215,
      "annualized_volatility": 0.240497,
      "from_high_reference": -0.145366,
      "from_low_reference": 0.070467
    },
    "levels": {
      "trend_reference": 28.413907,
      "fair_value_reference": 27.347407,
      "structural_low": 25.26,
      "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": 18,
        "median_return": 0.010483,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.027584,
        "regime_survival": 0.666667,
        "best_return": 0.080512,
        "worst_return": -0.147328,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.043441,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.142857,
        "median_excess_return": 0.033189,
        "regime_survival": 0.142857,
        "best_return": 0.199477,
        "worst_return": -0.064238,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.085212,
        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.093826,
        "regime_survival": 0.0,
        "best_return": 0.192765,
        "worst_return": -0.041132,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.066226,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.037666,
        "regime_survival": 0.0,
        "best_return": 0.121333,
        "worst_return": -0.047464,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
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        "color": "green",
        "start": "2024-08-16",
        "end": "2024-11-08",
        "tenure": "Established",
        "return": 0.009469,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-15",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": 0.035745,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.046133,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": -0.106681,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.039244,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "return": -0.041356,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.042701,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-10-03",
        "end": "2025-10-24",
        "tenure": "New",
        "return": -0.004257,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": 0.030949,
        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-02-27",
        "tenure": "New",
        "return": 0.032749,
        "active": false
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      {
        "regime": "upward_expansion",
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      {
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      {
        "regime": "balance",
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      {
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        "active": true
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      },
      {
        "date": "2026-04-17",
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        "regime": "balance",
        "modifier": "Upper balance after advance",
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      },
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "energy": 29.86338,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 28.1,
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        "typical_volume": 886590.0,
        "trend": 28.951478,
        "fair_value": 27.292443,
        "relative_strength": -10.919927,
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        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.32444,
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      },
      {
        "date": "2026-07-10",
        "close": 27.360001,
        "volume": 1103000,
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        "trend": 28.865725,
        "fair_value": 27.30685,
        "relative_strength": -13.024258,
        "stage": 4,
        "regime": "downward_expansion",
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        "gate": "down",
        "direction": -60.360008,
        "energy": 31.55813,
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          27.841441,
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      },
      {
        "date": "2026-07-17",
        "close": 25.59,
        "volume": 1919000,
        "typical_volume": 950845.0,
        "trend": 28.733362,
        "fair_value": 27.314085,
        "relative_strength": -18.128089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.474529,
        "energy": 68.823797,
        "activity_lines": [
          27.068299,
          27.437853,
          27.801811,
          28.19861
        ]
      },
      {
        "date": "2026-07-24",
        "close": 25.940001,
        "volume": 1384200,
        "typical_volume": 979185.0,
        "trend": 28.605166,
        "fair_value": 27.316519,
        "relative_strength": -16.83276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.029998,
        "energy": 78.862804,
        "activity_lines": [
          26.565192,
          27.131776,
          27.598313,
          28.018393
        ]
      },
      {
        "date": "2026-07-31",
        "close": 26.75,
        "volume": 1268100,
        "typical_volume": 960155.0,
        "trend": 28.530929,
        "fair_value": 27.330669,
        "relative_strength": -13.536579,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.69218,
        "energy": 73.611294,
        "activity_lines": [
          26.473334,
          27.005378,
          27.491464,
          27.898705
        ]
      },
      {
        "date": "2026-08-07",
        "close": 27.040001,
        "volume": 1104400,
        "typical_volume": 872150.0,
        "trend": 28.413907,
        "fair_value": 27.347407,
        "relative_strength": -15.060821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.515852,
        "energy": 68.604114,
        "activity_lines": [
          26.570667,
          26.946867,
          27.414781,
          27.802516
        ]
      }
    ],
    "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."
    }
  }
}