{ "ticker": { "uuid": "d6d396be-1310-4d93-a53b-3cfbd4fa19a5", "symbol": "SRV-UN", "name": "SIR Royalty Income Fund", "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": 91.856, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 76.133, "architecture_energy": 73.874, "architecture_maturity": 18.164, "architecture_confidence": 73.751, "architecture_tenure": "Developing", "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": 7.14, "rotation_up": 74.9, "upward_expansion": 91.17, "deceleration": 42.91, "rotation_down": 11.6, "downward_expansion": 15.5 }, "activity_lines": [ 16.139706, 15.984917, 15.792314, 15.675654 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 16.33, "trend_reference": 15.52208, "distance_from_trend": 0.05205, "trend_direction": "Improving", "fair_value": 12.889206, "distance_from_fair_value": 0.266952, "fair_value_direction": "Improving", "relative_strength": -1.837683, "relative_strength_direction": "Improving", "price_momentum": 0.068739, "excess_performance": -0.051682, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.05205, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047466, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.266952, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.043944, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.018377, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.000876, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.068739, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.53055, "read": "Demand-led" } ], "volume": { "latest": 10909, "relative_activity": 0.981131, "balance": 3.53055, "dry_up": 1.280714, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.021545, "annualized_volatility": 0.094516, "from_high_reference": -0.007295, "from_low_reference": 0.241625 }, "levels": { "trend_reference": 15.52208, "fair_value_reference": 12.889206, "structural_low": 14.704411, 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"energy": 70.290251, "activity_lines": [ 15.909458, 15.764614, 15.632473, 15.535098 ] }, { "date": "2026-07-24", "close": 15.74, "volume": 14320, "typical_volume": 10965.0, "trend": 15.386612, "fair_value": 12.837193, "relative_strength": -2.958357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.160622, "energy": 58.411258, "activity_lines": [ 15.877729, 15.777196, 15.652292, 15.561562 ] }, { "date": "2026-07-31", "close": 16.280001, "volume": 15922, "typical_volume": 11244.05, "trend": 15.454964, "fair_value": 12.861218, "relative_strength": 0.911162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.807087, "energy": 71.133883, "activity_lines": [ 16.017832, 15.884082, 15.721806, 15.6192 ] }, { "date": "2026-08-07", "close": 16.33, "volume": 10909, "typical_volume": 11118.8, "trend": 15.52208, "fair_value": 12.889206, "relative_strength": -1.837683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.132552, "energy": 73.873704, "activity_lines": [ 16.139706, 15.984917, 15.792314, 15.675654 ] } ], "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." } } }