{ "ticker": { "uuid": "3eca5132-a449-41ed-9126-1d04d8c72659", "symbol": "IDIV-B", "name": "Manulife Smart International Dividend 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": 89.742, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.764, "architecture_energy": 66.322, "architecture_maturity": 38.096, "architecture_confidence": 74.425, "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": 12.9, "rotation_up": 66.68, "upward_expansion": 85.81, "deceleration": 51.19, "rotation_down": 16.52, "downward_expansion": 12.48 }, "activity_lines": [ 21.072666, 20.87172, 20.462373, 20.146768 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 21.299999, "trend_reference": 19.791857, "distance_from_trend": 0.0762, "trend_direction": "Improving", "fair_value": 15.337601, "distance_from_fair_value": 0.388744, "fair_value_direction": "Improving", "relative_strength": -0.510621, "relative_strength_direction": "Improving", "price_momentum": 0.085869, "excess_performance": -0.034552, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.0762, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038241, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.388744, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042814, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.005106, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.024917, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.085869, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.83465, "read": "Supply-led" } ], "volume": { "latest": 586000, "relative_activity": 1.252886, "balance": 0.83465, "dry_up": 1.464498, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.026867, "annualized_volatility": 0.174567, "from_high_reference": -0.006066, "from_low_reference": 0.257958 }, "levels": { "trend_reference": 19.791857, "fair_value_reference": 15.337601, "structural_low": 18.049964, 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"fair_value": 15.213725, "relative_strength": 1.990513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.430195, "energy": 67.517773, "activity_lines": [ 20.794238, 20.60587, 20.21742, 19.949385 ] }, { "date": "2026-07-31", "close": 21.08, "volume": 731200, "typical_volume": 495085.0, "trend": 19.706126, "fair_value": 15.274773, "relative_strength": 1.609062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.176354, "energy": 56.4342, "activity_lines": [ 20.921333, 20.730238, 20.33559, 20.043938 ] }, { "date": "2026-08-07", "close": 21.299999, "volume": 586000, "typical_volume": 467720.0, "trend": 19.791857, "fair_value": 15.337601, "relative_strength": -0.510621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.763775, "energy": 66.322343, "activity_lines": [ 21.072666, 20.87172, 20.462373, 20.146768 ] } ], "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." } } }