{ "ticker": { "uuid": "eb302f58-c8bb-437f-a1ad-09f3fd3408a8", "symbol": "WPM", "name": "Wheaton Precious Metals 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 69.629, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -20.609, "architecture_energy": 19.442, "architecture_maturity": 36.709, "architecture_confidence": 51.924, "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": 45.73, "rotation_up": 26.54, "upward_expansion": 16.74, "deceleration": 61.8, "rotation_down": 33.65, "downward_expansion": 64.4 }, "activity_lines": [ 164.405336, 162.278549, 167.785119, 173.131621 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 187.320007, "trend_reference": 179.955517, "distance_from_trend": 0.040924, "trend_direction": "Improving", "fair_value": 110.199134, "distance_from_fair_value": 0.699832, "fair_value_direction": "Weakening", "relative_strength": 0.400749, "relative_strength_direction": "Weakening", "price_momentum": 0.010735, "excess_performance": -0.109686, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.040924, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012242, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.699832, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.17465, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.004007, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.09025, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.010735, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.983169, "read": "Supply-led" } ], "volume": { "latest": 4185000, "relative_activity": 1.374475, "balance": 0.983169, "dry_up": 1.197788, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.080956, "annualized_volatility": 0.643299, "from_high_reference": -0.171097, "from_low_reference": 0.494828 }, "levels": { "trend_reference": 179.955517, "fair_value_reference": 110.199134, 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3110840.0, "trend": 179.785564, "fair_value": 108.766707, "relative_strength": -13.343684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.471493, "energy": 56.703134, "activity_lines": [ 155.662005, 159.617806, 168.413937, 174.3879 ] }, { "date": "2026-07-31", "close": 152.479996, "volume": 3664500, "typical_volume": 3126045.0, "trend": 179.486769, "fair_value": 109.377736, "relative_strength": -15.533145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.308379, "energy": 63.236618, "activity_lines": [ 153.952668, 157.580912, 166.347477, 172.626251 ] }, { "date": "2026-08-07", "close": 187.320007, "volume": 4185000, "typical_volume": 3044800.0, "trend": 179.955517, "fair_value": 110.199134, "relative_strength": 0.400749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.608845, "energy": 19.441613, "activity_lines": [ 164.405336, 162.278549, 167.785119, 173.131621 ] } ], "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." } } }