{ "ticker": { "uuid": "ffdac642-07d0-4930-9511-92c5101f0b05", "symbol": "OVV", "name": "Ovintiv 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 61.937, "architecture_energy": 71.868, "architecture_maturity": 12.263, "architecture_confidence": 82.787, "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": 23.13, "rotation_up": 73.08, "upward_expansion": 89.22, "deceleration": 44.97, "rotation_down": 8.93, "downward_expansion": 15.89 }, "activity_lines": [ 84.756666, 81.913926, 80.353467, 78.81105 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 82.769997, "trend_reference": 75.021192, "distance_from_trend": 0.103288, "trend_direction": "Improving", "fair_value": 60.098351, "distance_from_fair_value": 0.377242, "fair_value_direction": "Improving", "relative_strength": 12.029008, "relative_strength_direction": "Weakening", "price_momentum": 0.317522, "excess_performance": 0.197101, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.103288, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.131885, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.377242, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007645, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.12029, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.064408, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.317522, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.471224, "read": "Demand-led" } ], "volume": { "latest": 878900, "relative_activity": 1.021579, "balance": 1.471224, "dry_up": 1.533414, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.059904, "annualized_volatility": 0.366664, "from_high_reference": -0.089739, "from_low_reference": 0.681431 }, "levels": { "trend_reference": 75.021192, "fair_value_reference": 60.098351, "structural_low": 60.260094, 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81.347775, 80.045339, 78.247613 ] }, { "date": "2026-08-07", "close": 82.769997, "volume": 878900, "typical_volume": 860335.0, "trend": 75.021192, "fair_value": 60.098351, "relative_strength": 12.029008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.93694, "energy": 71.867572, "activity_lines": [ 84.756666, 81.913926, 80.353467, 78.81105 ] } ], "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." } } }