{ "ticker": { "uuid": "43859f91-27f9-4c2a-9e05-be1798b0a0e6", "symbol": "DMEI", "name": "Desjardins International Equity 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": 81.506, "architecture_energy": 61.013, "architecture_maturity": 50.048, "architecture_confidence": 81.651, "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": 13.12, "rotation_up": 58.88, "upward_expansion": 82.8, "deceleration": 60.7, "rotation_down": 24.71, "downward_expansion": 9.46 }, "activity_lines": [ 28.550001, 28.397218, 27.905289, 27.490577 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 29.1, "trend_reference": 27.071704, "distance_from_trend": 0.074923, "trend_direction": "Improving", "fair_value": 23.069776, "distance_from_fair_value": 0.261391, "fair_value_direction": "Improving", "relative_strength": -0.63537, "relative_strength_direction": "Improving", "price_momentum": 0.086788, "excess_performance": -0.033633, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074923, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039182, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.261391, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.061546, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.006354, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.025133, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.086788, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.452585, "read": "Demand-led" } ], "volume": { "latest": 26900, "relative_activity": 0.40659, "balance": 1.452585, "dry_up": 0.992669, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.020982, "annualized_volatility": 0.168786, "from_high_reference": -0.0024, "from_low_reference": 0.250893 }, "levels": { "trend_reference": 27.071704, "fair_value_reference": 23.069776, "structural_low": 24.626884, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.024939, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.014835, "regime_survival": 0.888889, "best_return": 0.067392, "worst_return": -0.068789, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.051707, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.019503, "regime_survival": 1.0, "best_return": 0.067052, "worst_return": 0.0034, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.055283, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.061707, "regime_survival": 1.0, "best_return": 0.055283, "worst_return": 0.055283, "sufficient": false }, { "horizon": "Full cycle", 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"typical_volume": 79960.0, "trend": 26.778255, "fair_value": 22.929601, "relative_strength": -1.852317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.724999, "energy": 68.919749, "activity_lines": [ 28.25095, 28.018956, 27.46832, 27.160298 ] }, { "date": "2026-07-24", "close": 28.120001, "volume": 72700, "typical_volume": 75720.0, "trend": 26.875084, "fair_value": 22.973218, "relative_strength": -1.391757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.739822, "energy": 57.943514, "activity_lines": [ 28.2, 28.08701, 27.582743, 27.246862 ] }, { "date": "2026-07-31", "close": 28.530001, "volume": 92700, "typical_volume": 71085.0, "trend": 26.977327, "fair_value": 23.019525, "relative_strength": 0.517629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.859509, "energy": 52.519132, "activity_lines": [ 28.296001, 28.202524, 27.724508, 27.353631 ] }, { "date": "2026-08-07", "close": 29.1, "volume": 26900, "typical_volume": 66160.0, "trend": 27.071704, "fair_value": 23.069776, "relative_strength": -0.63537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.506216, "energy": 61.013105, "activity_lines": [ 28.550001, 28.397218, 27.905289, 27.490577 ] } ], "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." } } }