{ "ticker": { "uuid": "d95c6a84-4384-49aa-a16b-35ae90337925", "symbol": "WCN", "name": "Waste Connections, 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 57.526, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 56.379, "architecture_energy": 39.289, "architecture_maturity": 11.252, "architecture_confidence": 51.593, "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": 31.29, "rotation_up": 52.34, "upward_expansion": 75.96, "deceleration": 65.68, "rotation_down": 18.23, "downward_expansion": 4.96 }, "activity_lines": [ 235.790418, 235.015796, 228.19854, 226.536299 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 232.059998, "trend_reference": 225.661328, "distance_from_trend": 0.028355, "trend_direction": "Weakening", "fair_value": 232.417879, "distance_from_fair_value": -0.00154, "fair_value_direction": "Improving", "relative_strength": -11.633812, "relative_strength_direction": "Improving", "price_momentum": 0.008648, "excess_performance": -0.111773, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.028355, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.010391, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.00154, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.089944, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.116338, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.120828, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.008648, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.538732, "read": "Supply-led" } ], "volume": { "latest": 1478100, "relative_activity": 1.041, "balance": 0.538732, "dry_up": 1.346887, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.043872, "annualized_volatility": 0.260719, "from_high_reference": -0.11149, "from_low_reference": 0.136268 }, "levels": { "trend_reference": 225.661328, "fair_value_reference": 232.417879, 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"activity_lines": [ 238.647232, 230.568766, 224.98943, 224.725329 ] }, { "date": "2026-07-24", "close": 238.851089, "volume": 2011300, "typical_volume": 1397280.0, "trend": 225.731119, "fair_value": 231.806326, "relative_strength": -7.839487, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.004286, "energy": 67.021615, "activity_lines": [ 239.844079, 233.13746, 226.45381, 225.564496 ] }, { "date": "2026-07-31", "close": 234.340683, "volume": 2569300, "typical_volume": 1435925.0, "trend": 225.606623, "fair_value": 232.116215, "relative_strength": -8.540744, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.363878, "energy": 62.385235, "activity_lines": [ 238.082719, 234.458969, 227.44975, 226.119952 ] }, { "date": "2026-08-07", "close": 232.059998, "volume": 1478100, "typical_volume": 1419885.0, "trend": 225.661328, "fair_value": 232.417879, "relative_strength": -11.633812, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.379031, "energy": 39.289287, "activity_lines": [ 235.790418, 235.015796, 228.19854, 226.536299 ] } ], "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." } } }