{ "ticker": { "uuid": "d528291b-d9d0-4328-87df-418c17ec002a", "symbol": "O", "name": "Realty Income Corporation", "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_to_3_watch", "transition_label": "Stage 2 \u2192 3 watch", "confidence": 65.564, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 50.625, "architecture_energy": 43.06, "architecture_maturity": 6.028, "architecture_confidence": 69.439, "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": 40.11, "rotation_up": 59.45, "upward_expansion": 80.39, "deceleration": 50.16, "rotation_down": 15.73, "downward_expansion": 9.39 }, "activity_lines": [ 63.860384, 63.497562, 62.79941, 62.689297 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 62.51, "trend_reference": 62.487785, "distance_from_trend": 0.000356, "trend_direction": "Improving", "fair_value": 53.600355, "distance_from_fair_value": 0.166224, "fair_value_direction": "Improving", "relative_strength": -7.043378, "relative_strength_direction": "Weakening", "price_momentum": 0.005603, "excess_performance": -0.120022, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.000356, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039787, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.166224, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.000309, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.070434, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014376, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.005603, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.641378, "read": "Supply-led" } ], "volume": { "latest": 27921772, "relative_activity": 1.017673, "balance": 0.641378, "dry_up": 0.903821, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.038432, "annualized_volatility": 0.184312, "from_high_reference": -0.067799, "from_low_reference": 0.152298 }, "levels": { "trend_reference": 62.487785, "fair_value_reference": 53.600355, "structural_low": 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"activity_lines": [ 63.67864, 62.714713, 62.345296, 62.324654 ] }, { "date": "2026-07-24", "close": 65.322836, "volume": 20258305, "typical_volume": 28052360.75, "trend": 62.042782, "fair_value": 53.435262, "relative_strength": 1.454901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.560944, "energy": 66.556314, "activity_lines": [ 64.479423, 63.306094, 62.636198, 62.557991 ] }, { "date": "2026-07-31", "close": 63.87, "volume": 24275657, "typical_volume": 27792306.7, "trend": 62.301979, "fair_value": 53.520526, "relative_strength": -1.823371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.616843, "energy": 59.350343, "activity_lines": [ 64.439583, 63.547205, 62.783193, 62.675876 ] }, { "date": "2026-08-07", "close": 62.51, "volume": 27921772, "typical_volume": 27436873.0, "trend": 62.487785, "fair_value": 53.600355, "relative_strength": -7.043378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.624692, "energy": 43.059921, "activity_lines": [ 63.860384, 63.497562, 62.79941, 62.689297 ] } ], "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." } } }