{ "ticker": { "uuid": "334bce5a-01e4-4871-b4cd-814a0aadf75c", "symbol": "VGG", "name": "Vanguard U.S. Dividend Appreciation 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": 77.636, "architecture_energy": 64.102, "architecture_maturity": 77.32, "architecture_confidence": 72.991, "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": 11.17, "rotation_up": 55.81, "upward_expansion": 84.75, "deceleration": 68.52, "rotation_down": 27.81, "downward_expansion": 11.42 }, "activity_lines": [ 115.0, 114.553955, 112.211954, 110.033654 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 116.459999, "trend_reference": 107.744076, "distance_from_trend": 0.080895, "trend_direction": "Improving", "fair_value": 91.935815, "distance_from_fair_value": 0.266753, "fair_value_direction": "Improving", "relative_strength": -1.670761, "relative_strength_direction": "Improving", "price_momentum": 0.094517, "excess_performance": -0.025904, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080895, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032847, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.266753, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.069815, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.016708, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.050005, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.094517, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.923875, "read": "Demand-led" } ], "volume": { "latest": 56800, "relative_activity": 1.158474, "balance": 1.923875, "dry_up": 1.070773, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.020373, "annualized_volatility": 0.100714, "from_high_reference": -0.010871, "from_low_reference": 0.211651 }, "levels": { "trend_reference": 107.744076, "fair_value_reference": 91.935815, "structural_low": 98.784369, 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91.383238, "activity_lines": [ 112.358789, 110.664746, 107.895118, 106.746474 ] }, { "date": "2026-07-03", "close": 115.879997, "volume": 9100, "typical_volume": 58925.0, "trend": 105.908232, "fair_value": 90.558403, "relative_strength": 0.186614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.71024, "energy": 94.605144, "activity_lines": [ 113.749503, 111.888453, 108.824975, 107.41606 ] }, { "date": "2026-07-10", "close": 115.220001, "volume": 57300, "typical_volume": 59040.0, "trend": 106.301011, "fair_value": 90.843657, "relative_strength": -0.395954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.388475, "energy": 90.788729, "activity_lines": [ 114.51383, 112.800288, 109.640294, 108.016819 ] }, { "date": "2026-07-17", "close": 113.349998, "volume": 74600, "typical_volume": 59790.0, "trend": 106.64538, "fair_value": 91.108323, "relative_strength": -1.735391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.731487, "energy": 81.717865, "activity_lines": [ 114.339633, 113.193881, 110.231876, 108.471593 ] }, { "date": "2026-07-24", "close": 114.480003, "volume": 37100, "typical_volume": 55705.0, "trend": 107.017139, "fair_value": 91.378933, "relative_strength": -0.88673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.756614, "energy": 66.195133, "activity_lines": [ 114.437333, 113.65594, 110.893486, 108.977052 ] }, { "date": "2026-07-31", "close": 114.334999, "volume": 41500, "typical_volume": 50260.0, "trend": 107.400536, "fair_value": 91.65177, "relative_strength": -0.452169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.150906, "energy": 61.207718, "activity_lines": [ 114.397667, 113.95767, 111.482501, 109.449172 ] }, { "date": "2026-08-07", "close": 116.459999, "volume": 56800, "typical_volume": 49030.0, "trend": 107.744076, "fair_value": 91.935815, "relative_strength": -1.670761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.635765, "energy": 64.101713, "activity_lines": [ 115.0, 114.553955, 112.211954, 110.033654 ] } ], "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." } } }