{ "ticker": { "uuid": "59f3b8e6-30d6-46a6-8b4c-1a7213f3df99", "symbol": "RCD", "name": "RBC Quant Canadian Dividend Leaders 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": 66.983, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.736, "architecture_energy": 78.289, "architecture_maturity": 36.965, "architecture_confidence": 75.133, "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": 10.26, "rotation_up": 73.11, "upward_expansion": 91.57, "deceleration": 45.94, "rotation_down": 16.85, "downward_expansion": 15.9 }, "activity_lines": [ 42.069621, 41.767233, 41.315421, 40.804025 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 42.619999, "trend_reference": 40.129433, "distance_from_trend": 0.062063, "trend_direction": "Improving", "fair_value": 33.075396, "distance_from_fair_value": 0.288571, "fair_value_direction": "Improving", "relative_strength": -3.532396, "relative_strength_direction": "Improving", "price_momentum": 0.113859, "excess_performance": -0.006562, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.062063, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021585, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.288571, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012516, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.035324, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003721, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.113859, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.237333, "read": "Demand-led" } ], "volume": { "latest": 8600, "relative_activity": 0.385737, "balance": 4.237333, "dry_up": 0.672797, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.015522, "annualized_volatility": 0.105194, "from_high_reference": -0.008145, "from_low_reference": 0.223307 }, "levels": { "trend_reference": 40.129433, "fair_value_reference": 33.075396, "structural_low": 37.455972, 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"energy": 54.130213, "activity_lines": [ 41.403409, 41.311846, 40.820936, 40.364084 ] }, { "date": "2026-07-24", "close": 41.759998, "volume": 19500, "typical_volume": 29390.0, "trend": 39.818198, "fair_value": 32.862085, "relative_strength": -3.033015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.996601, "energy": 56.669441, "activity_lines": [ 41.534699, 41.42415, 40.963177, 40.492229 ] }, { "date": "2026-07-31", "close": 42.009998, "volume": 17400, "typical_volume": 24300.0, "trend": 39.978963, "fair_value": 32.967743, "relative_strength": -1.930312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.043357, "energy": 58.806545, "activity_lines": [ 41.728638, 41.549908, 41.118329, 40.633635 ] }, { "date": "2026-08-07", "close": 42.619999, "volume": 8600, "typical_volume": 22295.0, "trend": 40.129433, "fair_value": 33.075396, "relative_strength": -3.532396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.735524, "energy": 78.288632, "activity_lines": [ 42.069621, 41.767233, 41.315421, 40.804025 ] } ], "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." } } }