{ "ticker": { "uuid": "e6b63684-2d8c-487a-bf8b-c9e35d8ad8a4", "symbol": "BCE", "name": "BCE 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 54.611, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.572, "architecture_energy": 48.052, "architecture_maturity": 24.565, "architecture_confidence": 82.295, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 20.79, "rotation_up": 17.37, "upward_expansion": 6.7, "deceleration": 57.63, "rotation_down": 60.39, "downward_expansion": 80.03 }, "activity_lines": [ 30.783334, 31.057822, 31.839632, 32.423543 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 31.67, "trend_reference": 33.104303, "distance_from_trend": -0.043327, "trend_direction": "Weakening", "fair_value": 36.035884, "distance_from_fair_value": -0.121154, "fair_value_direction": "Improving", "relative_strength": -14.094422, "relative_strength_direction": "Weakening", "price_momentum": -0.063641, "excess_performance": -0.184062, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.043327, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.001007, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.121154, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.004805, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.140944, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.042823, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.063641, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.829008, "read": "Demand-led" } ], "volume": { "latest": 29077500, "relative_activity": 1.745319, "balance": 2.829008, "dry_up": 1.406119, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.04217, "annualized_volatility": 0.184297, "from_high_reference": -0.126345, "from_low_reference": 0.067768 }, "levels": { "trend_reference": 33.104303, "fair_value_reference": 36.035884, 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"2026-07-17", "close": 30.620001, "volume": 21886500, "typical_volume": 15809495.0, "trend": 33.223961, "fair_value": 36.330052, "relative_strength": -15.74002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.836038, "energy": 82.938359, "activity_lines": [ 30.854667, 31.845125, 32.428139, 32.900397 ] }, { "date": "2026-07-24", "close": 30.08, "volume": 18722800, "typical_volume": 15810960.0, "trend": 33.191709, "fair_value": 36.226124, "relative_strength": -16.993279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.650279, "energy": 86.501333, "activity_lines": [ 30.452667, 31.42031, 32.14861, 32.697561 ] }, { "date": "2026-07-31", "close": 30.41, "volume": 24018500, "typical_volume": 16201535.0, "trend": 33.135564, "fair_value": 36.128266, "relative_strength": -15.273985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.751701, "energy": 78.466769, "activity_lines": [ 30.337334, 31.095913, 31.924021, 32.518096 ] }, { "date": "2026-08-07", "close": 31.67, "volume": 29077500, "typical_volume": 16660275.0, "trend": 33.104303, "fair_value": 36.035884, "relative_strength": -14.094422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.572418, "energy": 48.052081, "activity_lines": [ 30.783334, 31.057822, 31.839632, 32.423543 ] } ], "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." } } }