{ "ticker": { "uuid": "5d9f41d8-c058-4fb4-87d5-3edd79ac924c", "symbol": "ZUE", "name": "BMO S&P 500 Hedged to CAD 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": 81.706, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.977, "architecture_energy": 54.2, "architecture_maturity": 56.095, "architecture_confidence": 73.582, "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": 21.41, "rotation_up": 53.09, "upward_expansion": 81.13, "deceleration": 64.96, "rotation_down": 27.3, "downward_expansion": 7.79 }, "activity_lines": [ 101.197334, 100.743882, 99.824101, 97.98831 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 103.660004, "trend_reference": 95.981194, "distance_from_trend": 0.080003, "trend_direction": "Improving", "fair_value": 80.278782, "distance_from_fair_value": 0.29125, "fair_value_direction": "Improving", "relative_strength": -1.774082, "relative_strength_direction": "Improving", "price_momentum": 0.108309, "excess_performance": -0.012113, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080003, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.028406, "read": "Rising" 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98.575257, 96.911349 ] }, { "date": "2026-07-24", "close": 99.089996, "volume": 104600, "typical_volume": 145820.0, "trend": 95.413202, "fair_value": 79.75348, "relative_strength": -3.778733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.782684, "energy": 43.928687, "activity_lines": [ 100.062866, 100.078681, 98.852344, 97.159794 ] }, { "date": "2026-07-31", "close": 100.260002, "volume": 68200, "typical_volume": 135540.0, "trend": 95.664805, "fair_value": 80.004329, "relative_strength": -2.060697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.793928, "energy": 41.753865, "activity_lines": [ 100.118, 100.103192, 99.201984, 97.47249 ] }, { "date": "2026-08-07", "close": 103.660004, "volume": 63400, "typical_volume": 135010.0, "trend": 95.981194, "fair_value": 80.278782, "relative_strength": -1.774082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.976581, "energy": 54.200399, "activity_lines": [ 101.197334, 100.743882, 99.824101, 97.98831 ] } ], "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." } } }