{ "ticker": { "uuid": "1dca7d60-0d8b-45d9-baa7-5d97abfafb9c", "symbol": "XDV", "name": "iShares Canadian Select Dividend 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": 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 71.191, "architecture_energy": 69.468, "architecture_maturity": 61.509, "architecture_confidence": 83.172, "architecture_tenure": "Established", "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": 1.04, "rotation_up": 69.8, "upward_expansion": 90.0, "deceleration": 60.66, "rotation_down": 22.93, "downward_expansion": 12.0 }, "activity_lines": [ 48.595797, 48.087659, 46.727397, 45.45832 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 48.639999, "trend_reference": 43.803652, "distance_from_trend": 0.11041, "trend_direction": "Improving", "fair_value": 32.700589, "distance_from_fair_value": 0.487435, "fair_value_direction": "Improving", "relative_strength": 5.371189, "relative_strength_direction": "Improving", "price_momentum": 0.206848, "excess_performance": 0.086427, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.11041, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068442, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.487435, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.070351, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053712, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.027263, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.206848, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.963188, "read": "Supply-led" } ], "volume": { "latest": 197600, "relative_activity": 1.536906, "balance": 0.963188, "dry_up": 1.370265, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.015996, "annualized_volatility": 0.088674, "from_high_reference": -0.007347, "from_low_reference": 0.423127 }, "levels": { "trend_reference": 43.803652, "fair_value_reference": 32.700589, "structural_low": 40.162521, 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44.01543 ] }, { "date": "2026-07-17", "close": 48.625744, "volume": 121500, "typical_volume": 132090.0, "trend": 42.90449, "fair_value": 32.250463, "relative_strength": 9.205534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.678971, "energy": 94.670986, "activity_lines": [ 47.80576, 47.080568, 45.5632, 44.402779 ] }, { "date": "2026-07-24", "close": 48.565895, "volume": 183900, "typical_volume": 130700.0, "trend": 43.181079, "fair_value": 32.398063, "relative_strength": 8.576547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.887853, "energy": 82.473788, "activity_lines": [ 48.150957, 47.481383, 45.978436, 44.768031 ] }, { "date": "2026-07-31", "close": 48.740002, "volume": 201700, "typical_volume": 127175.0, "trend": 43.499441, "fair_value": 32.549237, "relative_strength": 9.225725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.802578, "energy": 72.246936, "activity_lines": [ 48.447051, 47.825831, 46.376359, 45.126671 ] }, { "date": "2026-08-07", "close": 48.639999, "volume": 197600, "typical_volume": 128570.0, "trend": 43.803652, "fair_value": 32.700589, "relative_strength": 5.371189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.191269, "energy": 69.46822, "activity_lines": [ 48.595797, 48.087659, 46.727397, 45.45832 ] } ], "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." } } }