{
  "ticker": {
    "uuid": "cf7fffc0-3619-4a83-905b-b538fabc7e44",
    "symbol": "ARX",
    "name": "ARC Resources Ltd.",
    "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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 66.393,
    "architecture_energy": 86.968,
    "architecture_maturity": 17.123,
    "architecture_confidence": 87.074,
    "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": 13.97,
        "rotation_up": 76.1,
        "upward_expansion": 95.29,
        "deceleration": 44.67,
        "rotation_down": 9.55,
        "downward_expansion": 21.96
      },
      "activity_lines": [
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        30.059273
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 32.490002,
    "trend_reference": 28.523999,
    "distance_from_trend": 0.139041,
    "trend_direction": "Improving",
    "fair_value": 24.554997,
    "distance_from_fair_value": 0.323152,
    "fair_value_direction": "Improving",
    "relative_strength": 7.007497,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.433293,
    "excess_performance": 0.312871,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.139041,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.084094,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.323152,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.022782,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.070075,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.047259,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.433293,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.478894,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 8655400,
      "relative_activity": 0.45133,
      "balance": 3.478894,
      "dry_up": 0.717385,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.0324,
      "annualized_volatility": 0.375514,
      "from_high_reference": -0.031883,
      "from_low_reference": 0.547875
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    "levels": {
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      "fair_value_reference": 24.554997,
      "structural_low": 22.638297,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
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        "worst_return": -0.178762,
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      },
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        "horizon": "Intermediate",
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      },
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      },
      {
        "date": "2026-07-24",
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        "fair_value": 24.374319,
        "relative_strength": 10.490944,
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      },
      {
        "date": "2026-07-31",
        "close": 33.529999,
        "volume": 14454300,
        "typical_volume": 20123955.0,
        "trend": 28.217784,
        "fair_value": 24.469675,
        "relative_strength": 13.889038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.091873,
        "energy": 93.528562,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 32.490002,
        "volume": 8655400,
        "typical_volume": 19177530.0,
        "trend": 28.523999,
        "fair_value": 24.554997,
        "relative_strength": 7.007497,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 66.392556,
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        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}