{ "ticker": { "uuid": "400c0986-0551-45e3-b912-8110c9e26369", "symbol": "ESG", "name": "Invesco S&P 500 ESG 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": 85.148, "architecture_energy": 63.515, "architecture_maturity": 86.976, "architecture_confidence": 67.282, "architecture_tenure": "Developing", "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": 20.54, "rotation_up": 53.21, "upward_expansion": 80.28, "deceleration": 68.66, "rotation_down": 29.6, "downward_expansion": 15.95 }, "activity_lines": [ 55.896668, 55.779294, 54.869764, 53.55684 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 57.290001, "trend_reference": 52.09605, "distance_from_trend": 0.0997, "trend_direction": "Improving", "fair_value": 43.20513, "distance_from_fair_value": 0.326, "fair_value_direction": "Improving", "relative_strength": 0.123617, "relative_strength_direction": "Improving", "price_momentum": 0.13722, "excess_performance": 0.016799, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.0997, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034412, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.326, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.03777, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.001236, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.02054, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.13722, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.390397, "read": "Demand-led" } ], "volume": { "latest": 2500, "relative_activity": 0.206186, "balance": 1.390397, "dry_up": 0.404124, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.019463, "annualized_volatility": 0.133839, "from_high_reference": -0.012241, "from_low_reference": 0.240703 }, "levels": { "trend_reference": 52.09605, "fair_value_reference": 43.20513, "structural_low": 46.490002, "invalidation": "A 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"fair_value": 42.890356, "relative_strength": -1.75915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.24848, "energy": 58.363742, "activity_lines": [ 55.314801, 55.360096, 54.184073, 52.962848 ] }, { "date": "2026-07-31", "close": 55.490002, "volume": 9700, "typical_volume": 12480.0, "trend": 51.884252, "fair_value": 43.041333, "relative_strength": 0.051932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.827031, "energy": 51.150978, "activity_lines": [ 55.302668, 55.419558, 54.459199, 53.208082 ] }, { "date": "2026-08-07", "close": 57.290001, "volume": 2500, "typical_volume": 12125.0, "trend": 52.09605, "fair_value": 43.20513, "relative_strength": 0.123617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.147872, "energy": 63.515479, "activity_lines": [ 55.896668, 55.779294, 54.869764, 53.55684 ] } ], "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." } } }