{ "ticker": { "uuid": "3cbae49c-e2ee-4bad-b3ae-4b0d66057a42", "symbol": "ZESG", "name": "BMO Balanced ESG 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 58.288, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.672, "architecture_energy": 55.431, "architecture_maturity": 74.3, "architecture_confidence": 52.815, "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": 24.74, "rotation_up": 48.27, "upward_expansion": 75.51, "deceleration": 70.89, "rotation_down": 28.88, "downward_expansion": 13.51 }, "activity_lines": [ 14.971333, 14.952938, 14.80407, 14.619724 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 15.19, "trend_reference": 14.427399, "distance_from_trend": 0.052858, "trend_direction": "Improving", "fair_value": 12.491052, "distance_from_fair_value": 0.216071, "fair_value_direction": "Improving", "relative_strength": -4.84909, "relative_strength_direction": "Improving", "price_momentum": 0.074871, "excess_performance": -0.04555, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.052858, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020112, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.216071, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.015695, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.048491, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.011968, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.074871, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.8157, "read": "Demand-led" } ], "volume": { "latest": 25300, "relative_activity": 1.375, "balance": 1.8157, "dry_up": 1.304348, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.014016, "annualized_volatility": 0.090338, "from_high_reference": -0.00589, "from_low_reference": 0.154551 }, "levels": { "trend_reference": 14.427399, "fair_value_reference": 12.491052, "structural_low": 13.15663, 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"2026-06-19", "close": 14.965753, "volume": 200, "typical_volume": 23645.0, "trend": 14.228881, "fair_value": 12.270934, "relative_strength": -4.149101, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.667511, "energy": 82.811919, "activity_lines": [ 14.812513, 14.681235, 14.424682, 14.328695 ] }, { "date": "2026-06-26", "close": 14.915999, "volume": 3900, "typical_volume": 22800.0, "trend": 14.254311, "fair_value": 12.302743, "relative_strength": -4.26024, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.404508, "energy": 82.384213, "activity_lines": [ 14.863593, 14.741975, 14.485961, 14.373025 ] }, { "date": "2026-07-03", "close": 15.05, "volume": 3700, "typical_volume": 20720.0, "trend": 14.288855, "fair_value": 12.335635, "relative_strength": -3.910734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.995621, "energy": 88.25343, "activity_lines": [ 14.939438, 14.81788, 14.556268, 14.42436 ] }, { "date": "2026-07-10", "close": 15.05, "volume": 28100, "typical_volume": 20340.0, "trend": 14.320411, "fair_value": 12.367184, "relative_strength": -3.840463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.247491, "energy": 87.736195, "activity_lines": [ 14.995736, 14.881057, 14.622393, 14.473466 ] }, { "date": "2026-07-17", "close": 14.85, "volume": 20700, "typical_volume": 20160.0, "trend": 14.346629, "fair_value": 12.397594, "relative_strength": -4.775277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.16773, "energy": 78.630832, "activity_lines": [ 14.95985, 14.894398, 14.665952, 14.507633 ] }, { "date": "2026-07-24", "close": 14.77, "volume": 21500, "typical_volume": 18660.0, "trend": 14.368188, "fair_value": 12.427003, "relative_strength": -5.329618, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.57404, "energy": 54.278391, "activity_lines": [ 14.8944, 14.886976, 14.699278, 14.534947 ] }, { "date": "2026-07-31", "close": 14.89, "volume": 28500, "typical_volume": 19355.0, "trend": 14.397769, "fair_value": 12.458218, "relative_strength": -3.919978, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.331262, "energy": 43.245815, "activity_lines": [ 14.882, 14.895162, 14.739999, 14.568612 ] }, { "date": "2026-08-07", "close": 15.19, "volume": 25300, "typical_volume": 18400.0, "trend": 14.427399, "fair_value": 12.491052, "relative_strength": -4.84909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.67164, "energy": 55.431098, "activity_lines": [ 14.971333, 14.952938, 14.80407, 14.619724 ] } ], "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." } } }