{ "ticker": { "uuid": "14832a6a-fb0b-4bb0-a306-36b71a532c85", "symbol": "ZMMK", "name": "BMO Mutual Funds - BMO Money Market Fund", "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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 88.39, "architecture_energy": 94.943, "architecture_maturity": 100.0, "architecture_confidence": 65.04, "architecture_tenure": "Extended", "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": 19.78, "rotation_up": 82.99, "upward_expansion": 97.41, "deceleration": 41.92, "rotation_down": 11.16, "downward_expansion": 21.75 }, "activity_lines": [ 49.825689, 49.797878, 49.761377, 49.721431 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 49.855, "trend_reference": 49.655764, "distance_from_trend": 0.004012, "trend_direction": "Improving", "fair_value": 47.882215, "distance_from_fair_value": 0.041201, "fair_value_direction": "Weakening", "relative_strength": -10.536129, "relative_strength_direction": "Improving", "price_momentum": 0.007548, "excess_performance": -0.112873, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004012, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.003334, "read": "Rising" 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49.471584, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": 0.002804, "positive_rate": 0.95122, "directional_follow_through": 0.95122, "median_excess_return": -0.013763, "regime_survival": 1.0, "best_return": 0.004514, "worst_return": -0.000401, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.00965, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.043595, "regime_survival": 1.0, "best_return": 0.012966, "worst_return": 0.003716, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.019401, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.07307, "regime_survival": 1.0, "best_return": 0.025711, "worst_return": 0.00963, "sufficient": true }, { 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"date": "2026-07-10", "close": 49.765106, "volume": 999500, "typical_volume": 1078680.0, "trend": 49.593419, "fair_value": 47.754617, "relative_strength": -9.703524, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.299429, "energy": 66.596355, "activity_lines": [ 49.753458, 49.745871, 49.714279, 49.668625 ] }, { "date": "2026-07-17", "close": 49.785069, "volume": 983400, "typical_volume": 1042845.0, "trend": 49.608755, "fair_value": 47.786752, "relative_strength": -9.141933, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.246057, "energy": 65.745155, "activity_lines": [ 49.762776, 49.755849, 49.724342, 49.68099 ] }, { "date": "2026-07-24", "close": 49.805031, "volume": 845100, "typical_volume": 996615.0, "trend": 49.624097, "fair_value": 47.818756, "relative_strength": -8.962082, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.020235, "energy": 70.188061, "activity_lines": [ 49.777749, 49.767099, 49.735169, 49.693653 ] }, { "date": "2026-07-31", "close": 49.84, "volume": 1478700, "typical_volume": 1002130.0, "trend": 49.640341, "fair_value": 47.850408, "relative_strength": -8.079884, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.358117, "energy": 91.267295, "activity_lines": [ 49.803379, 49.78235, 49.748187, 49.707582 ] }, { "date": "2026-08-07", "close": 49.855, "volume": 872600, "typical_volume": 969865.0, "trend": 49.655764, "fair_value": 47.882215, "relative_strength": -10.536129, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.39032, "energy": 94.943182, "activity_lines": [ 49.825689, 49.797878, 49.761377, 49.721431 ] } ], "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." } } }