{ "ticker": { "uuid": "3daa7dab-8737-4b0a-af78-53d546f71de6", "symbol": "XDGH", "name": "iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)", "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": 90.992, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 74.749, "architecture_energy": 78.696, "architecture_maturity": 32.335, "architecture_confidence": 73.069, "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": 2.42, "rotation_up": 79.0, "upward_expansion": 95.18, "deceleration": 41.6, "rotation_down": 12.26, "downward_expansion": 17.18 }, "activity_lines": [ 32.629268, 32.336635, 31.815835, 31.48814 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 32.799999, "trend_reference": 31.114182, "distance_from_trend": 0.054182, "trend_direction": "Improving", "fair_value": 26.476739, "distance_from_fair_value": 0.238823, "fair_value_direction": "Improving", "relative_strength": -2.298213, "relative_strength_direction": "Improving", "price_momentum": 0.053063, "excess_performance": -0.067358, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054182, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037219, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.238823, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.051446, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.022982, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.030161, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.053063, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.38, "read": "Demand-led" } ], "volume": { "latest": 15800, "relative_activity": 1.82448, "balance": 3.38, "dry_up": 1.795612, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.018183, "annualized_volatility": 0.104502, "from_high_reference": -0.014127, "from_low_reference": 0.218001 }, "levels": { "trend_reference": 31.114182, "fair_value_reference": 26.476739, "structural_low": 29.409552, "invalidation": "A 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"2026-07-10", "close": 31.902388, "volume": 13500, "typical_volume": 9665.0, "trend": 30.640747, "fair_value": 26.215076, "relative_strength": -2.580739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.106267, "energy": 65.292787, "activity_lines": [ 31.885146, 31.632966, 31.219083, 31.020317 ] }, { "date": "2026-07-17", "close": 32.431435, "volume": 7700, "typical_volume": 8360.0, "trend": 30.759716, "fair_value": 26.279132, "relative_strength": -0.72084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.508719, "energy": 79.675689, "activity_lines": [ 32.108927, 31.820241, 31.3591, 31.135845 ] }, { "date": "2026-07-24", "close": 32.531254, "volume": 25700, "typical_volume": 8225.0, "trend": 30.878077, "fair_value": 26.342752, "relative_strength": -0.574604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.032271, "energy": 81.820207, "activity_lines": [ 32.316308, 31.989767, 31.505448, 31.250138 ] }, { "date": "2026-07-31", "close": 32.77, "volume": 13000, "typical_volume": 8420.0, "trend": 31.002882, "fair_value": 26.409916, "relative_strength": 0.663512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.276175, "energy": 76.010538, "activity_lines": [ 32.510351, 32.172593, 31.665108, 31.372197 ] }, { "date": "2026-08-07", "close": 32.799999, "volume": 15800, "typical_volume": 8660.0, "trend": 31.114182, "fair_value": 26.476739, "relative_strength": -2.298213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.748875, "energy": 78.695672, "activity_lines": [ 32.629268, 32.336635, 31.815835, 31.48814 ] } ], "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." } } }