{
  "ticker": {
    "uuid": "dc94f685-65f8-4f32-8e4c-7985536f2af3",
    "symbol": "MEQ",
    "name": "Mainstreet Equity Corp.",
    "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": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -32.591,
    "architecture_energy": 17.413,
    "architecture_maturity": 25.318,
    "architecture_confidence": 64.679,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 49.31,
        "rotation_up": 33.58,
        "upward_expansion": 29.02,
        "deceleration": 42.66,
        "rotation_down": 28.36,
        "downward_expansion": 46.35
      },
      "activity_lines": [
        173.456076,
        173.098037,
        172.725,
        174.028041
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 166.440002,
    "trend_reference": 175.395393,
    "distance_from_trend": -0.051058,
    "trend_direction": "Weakening",
    "fair_value": 178.34765,
    "distance_from_fair_value": -0.066766,
    "fair_value_direction": "Weakening",
    "relative_strength": -18.530846,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.030321,
    "excess_performance": -0.150742,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.051058,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.020212,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.066766,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.075756,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.185308,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.027462,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.030321,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.659109,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 49600,
      "relative_activity": 1.630774,
      "balance": 0.659109,
      "dry_up": 1.505836,
      "accumulation_observations": 2,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.041939,
      "annualized_volatility": 0.180577,
      "from_high_reference": -0.194273,
      "from_low_reference": 0.025635
    },
    "levels": {
      "trend_reference": 175.395393,
      "fair_value_reference": 178.34765,
      "structural_low": 162.279999,
      "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": 14,
        "median_return": -0.012821,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.03534,
        "regime_survival": 0.285714,
        "best_return": 0.070066,
        "worst_return": -0.102636,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.026626,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.062071,
        "regime_survival": 0.142857,
        "best_return": 0.097895,
        "worst_return": -0.121839,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.01666,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.102166,
        "regime_survival": 0.0,
        "best_return": 0.413125,
        "worst_return": -0.057703,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.073368,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.031399,
        "regime_survival": 0.0,
        "best_return": 0.429202,
        "worst_return": -0.06034,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.004777,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.050323,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": -0.052534,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-11",
        "end": "2025-08-01",
        "tenure": "New",
        "return": 0.000795,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.041239,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-09-05",
        "tenure": "New",
        "return": -0.006115,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-09-19",
        "tenure": "New",
        "return": -0.001763,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-26",
        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.022848,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-17",
        "end": "2025-10-24",
        "tenure": "New",
        "return": 0.077073,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-31",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.04111,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-04-10",
        "tenure": "Established",
        "return": -0.020911,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-17",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.095082,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-29",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.070528,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.063471,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
        "close": 133.682999,
        "volume": 2300,
        "typical_volume": 10815.0,
        "trend": 133.84162,
        "fair_value": 110.24262,
        "relative_strength": 6.175308,
        "stage": 2,
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        "modifier": "Momentum cooling",
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        "direction": 40.029131,
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        "activity_lines": [
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      },
      {
        "date": "2023-08-25",
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        "typical_volume": 12010.0,
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      },
      {
        "date": "2023-09-01",
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      },
      {
        "date": "2023-09-08",
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      },
      {
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      },
      {
        "date": "2023-09-22",
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        "volume": 25300,
        "typical_volume": 43230.0,
        "trend": 181.730892,
        "fair_value": 174.861552,
        "relative_strength": -11.832347,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.41433,
        "energy": 21.137991,
        "activity_lines": [
          182.906398,
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          180.465261
        ]
      },
      {
        "date": "2026-05-01",
        "close": 179.929993,
        "volume": 32600,
        "typical_volume": 43605.0,
        "trend": 181.615325,
        "fair_value": 175.183779,
        "relative_strength": -14.566763,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.910782,
        "energy": 16.292167,
        "activity_lines": [
          182.574762,
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          179.903448,
          180.349074
        ]
      },
      {
        "date": "2026-05-08",
        "close": 177.0,
        "volume": 58100,
        "typical_volume": 44635.0,
        "trend": 181.463358,
        "fair_value": 175.423081,
        "relative_strength": -15.784684,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.642208,
        "energy": 13.080386,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
        "close": 168.020004,
        "volume": 80500,
        "typical_volume": 47665.0,
        "trend": 180.910839,
        "fair_value": 175.603093,
        "relative_strength": -18.86266,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.703498,
        "energy": 39.770176,
        "activity_lines": [
          176.349999,
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          178.605102,
          179.183997
        ]
      },
      {
        "date": "2026-05-22",
        "close": 165.600006,
        "volume": 31900,
        "typical_volume": 48095.0,
        "trend": 179.803409,
        "fair_value": 175.801102,
        "relative_strength": -20.875704,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -70.903542,
        "energy": 63.445594,
        "activity_lines": [
          171.874668,
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          178.196202
        ]
      },
      {
        "date": "2026-05-29",
        "close": 164.899994,
        "volume": 47000,
        "typical_volume": 48290.0,
        "trend": 179.013676,
        "fair_value": 175.981834,
        "relative_strength": -21.214265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.783096,
        "energy": 75.933206,
        "activity_lines": [
          168.326,
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          176.144776,
          177.234691
        ]
      },
      {
        "date": "2026-06-05",
        "close": 167.75,
        "volume": 19600,
        "typical_volume": 47595.0,
        "trend": 178.41086,
        "fair_value": 176.194649,
        "relative_strength": -18.412205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.077239,
        "energy": 74.91829,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 168.953354,
        "volume": 5200,
        "typical_volume": 43040.0,
        "trend": 177.881127,
        "fair_value": 176.411532,
        "relative_strength": -18.430522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.483939,
        "energy": 72.474724,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "volume": 7500,
        "typical_volume": 41125.0,
        "trend": 177.457287,
        "fair_value": 176.64484,
        "relative_strength": -18.29895,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.164113,
        "energy": 59.477495,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 170.402695,
        "volume": 6400,
        "typical_volume": 38920.0,
        "trend": 176.944892,
        "fair_value": 176.885531,
        "relative_strength": -16.648983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.266485,
        "energy": 37.493529,
        "activity_lines": [
          168.78456,
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          174.813195
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      },
      {
        "date": "2026-07-03",
        "close": 173.411331,
        "volume": 1600,
        "typical_volume": 36945.0,
        "trend": 176.549438,
        "fair_value": 177.121206,
        "relative_strength": -15.293359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.365997,
        "energy": 24.920868,
        "activity_lines": [
          170.579686,
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          174.585224
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      },
      {
        "date": "2026-07-10",
        "close": 173.901108,
        "volume": 26900,
        "typical_volume": 37110.0,
        "trend": 176.233587,
        "fair_value": 177.35983,
        "relative_strength": -14.608038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.019884,
        "energy": 18.11248,
        "activity_lines": [
          171.970649,
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          172.820565,
          174.414364
        ]
      },
      {
        "date": "2026-07-17",
        "close": 176.529999,
        "volume": 56800,
        "typical_volume": 30705.0,
        "trend": 176.056652,
        "fair_value": 177.636856,
        "relative_strength": -12.668992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.914331,
        "energy": 16.826557,
        "activity_lines": [
          173.827835,
          171.435428,
          172.93291,
          174.433487
        ]
      },
      {
        "date": "2026-07-24",
        "close": 177.720001,
        "volume": 46300,
        "typical_volume": 29360.0,
        "trend": 175.973669,
        "fair_value": 177.89382,
        "relative_strength": -11.85106,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.16057,
        "energy": 18.29835,
        "activity_lines": [
          175.576579,
          172.882843,
          173.211957,
          174.5408
        ]
      },
      {
        "date": "2026-07-31",
        "close": 177.380005,
        "volume": 30500,
        "typical_volume": 29105.0,
        "trend": 175.794096,
        "fair_value": 178.154744,
        "relative_strength": -11.072185,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.648621,
        "energy": 22.478614,
        "activity_lines": [
          176.572238,
          174.092076,
          173.488141,
          174.631531
        ]
      },
      {
        "date": "2026-08-07",
        "close": 166.440002,
        "volume": 49600,
        "typical_volume": 30415.0,
        "trend": 175.395393,
        "fair_value": 178.34765,
        "relative_strength": -18.530846,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.591307,
        "energy": 17.412793,
        "activity_lines": [
          173.456076,
          173.098037,
          172.725,
          174.028041
        ]
      }
    ],
    "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."
    }
  }
}