{ "ticker": { "uuid": "0d6f561d-db9b-453f-b869-28436a31ce66", "symbol": "QINF", "name": "Mackenzie Global Infrastructure Index ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 80.962, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 18.782, "architecture_energy": 12.457, "architecture_maturity": 56.628, "architecture_confidence": 71.832, "architecture_tenure": "Developing", "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": 52.77, "rotation_up": 23.33, "upward_expansion": 61.48, "deceleration": 88.03, "rotation_down": 29.47, "downward_expansion": 16.15 }, "activity_lines": [ 174.281999, 175.389961, 173.946935, 173.039503 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 170.399994, "trend_reference": 170.959298, "distance_from_trend": -0.003272, "trend_direction": "Improving", "fair_value": 136.516096, "distance_from_fair_value": 0.248204, "fair_value_direction": "Weakening", "relative_strength": -7.759136, "relative_strength_direction": "Weakening", "price_momentum": 0.05152, "excess_performance": -0.068901, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.003272, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.03654, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.248204, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.033896, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.077591, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.023568, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.05152, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.294896, "read": "Supply-led" } ], "volume": { "latest": 7600, "relative_activity": 1.109489, "balance": 0.294896, "dry_up": 1.532847, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.022695, "annualized_volatility": 0.172973, "from_high_reference": -0.052807, "from_low_reference": 0.157151 }, "levels": { "trend_reference": 170.959298, "fair_value_reference": 136.516096, 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177.089996, "volume": 7600, "typical_volume": 7085.0, "trend": 168.363303, "fair_value": 134.69775, "relative_strength": -1.954207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.952712, "energy": 75.007332, "activity_lines": [ 177.324328, 174.719311, 173.146224, 171.645831 ] }, { "date": "2026-07-17", "close": 175.910004, "volume": 17600, "typical_volume": 7640.0, "trend": 169.116843, "fair_value": 135.145477, "relative_strength": -2.35107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.332115, "energy": 74.732794, "activity_lines": [ 177.2004, 175.307811, 173.469082, 172.132715 ] }, { "date": "2026-07-24", "close": 179.679993, "volume": 4200, "typical_volume": 7165.0, "trend": 169.954689, "fair_value": 135.629168, "relative_strength": -0.456866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.820583, "energy": 72.279322, "activity_lines": [ 178.083331, 176.428487, 174.146019, 172.814208 ] }, { "date": "2026-07-31", "close": 173.570007, "volume": 12600, "typical_volume": 7140.0, "trend": 170.523249, "fair_value": 136.08549, "relative_strength": -3.230044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.181744, "energy": 37.779858, "activity_lines": [ 176.509334, 176.2036, 174.200568, 173.047455 ] }, { "date": "2026-08-07", "close": 170.399994, "volume": 7600, "typical_volume": 6850.0, "trend": 170.959298, "fair_value": 136.516096, "relative_strength": -7.759136, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.782442, "energy": 12.457359, "activity_lines": [ 174.281999, 175.389961, 173.946935, 173.039503 ] } ], "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." } } }