{ "ticker": { "uuid": "5ecfd50b-5c2d-4a4f-8d61-5425707db5ac", "symbol": "DRMD", "name": "Desjardins RI Developed ex-USA ex-Canada - Net-Zero Emissions Pathway 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": 85.453, "architecture_energy": 67.326, "architecture_maturity": 65.352, "architecture_confidence": 78.224, "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": 9.26, "rotation_up": 57.91, "upward_expansion": 84.88, "deceleration": 66.62, "rotation_down": 27.8, "downward_expansion": 11.55 }, "activity_lines": [ 36.585333, 36.437455, 35.855667, 35.280882 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 37.27, "trend_reference": 34.677333, "distance_from_trend": 0.074765, "trend_direction": "Improving", "fair_value": 27.867394, "distance_from_fair_value": 0.337405, "fair_value_direction": "Improving", "relative_strength": -0.623308, "relative_strength_direction": "Improving", "price_momentum": 0.091042, "excess_performance": -0.029379, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074765, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039925, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.337405, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.043195, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.006233, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.026184, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.091042, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.274725, "read": "Demand-led" } ], "volume": { "latest": 6900, "relative_activity": 1.26258, "balance": 5.274725, "dry_up": 1.193962, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.016532, "annualized_volatility": 0.163066, "from_high_reference": -0.004806, "from_low_reference": 0.246072 }, "levels": { "trend_reference": 34.677333, "fair_value_reference": 27.867394, "structural_low": 31.23, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": 0.014054, "positive_rate": 0.685714, "directional_follow_through": 0.685714, "median_excess_return": -0.004688, "regime_survival": 0.828571, "best_return": 0.056241, "worst_return": -0.110763, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.041667, "positive_rate": 0.818182, "directional_follow_through": 0.818182, "median_excess_return": -0.010799, "regime_survival": 0.636364, "best_return": 0.080643, "worst_return": -0.02264, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.087463, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.013984, "regime_survival": 0.857143, "best_return": 0.153581, "worst_return": 0.025862, "sufficient": true }, { "horizon": 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35.476, 34.748857, 34.397204 ] }, { "date": "2026-07-03", "close": 36.810001, "volume": 2000, "typical_volume": 6290.0, "trend": 34.025666, "fair_value": 27.393868, "relative_strength": 0.806607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.215703, "energy": 92.48412, "activity_lines": [ 36.278667, 35.788727, 34.985047, 34.587441 ] }, { "date": "2026-07-10", "close": 36.459999, "volume": 3600, "typical_volume": 6220.0, "trend": 34.174333, "fair_value": 27.492206, "relative_strength": -0.22046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.793393, "energy": 87.285721, "activity_lines": [ 36.431333, 35.987273, 35.178238, 34.744494 ] }, { "date": "2026-07-17", "close": 35.93, "volume": 4600, "typical_volume": 5640.0, "trend": 34.294666, "fair_value": 27.582379, "relative_strength": -1.45758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.908662, "energy": 81.79203, "activity_lines": [ 36.311333, 36.045818, 35.314571, 34.857763 ] }, { "date": "2026-07-24", "close": 36.130001, "volume": 9000, "typical_volume": 5500.0, "trend": 34.422, "fair_value": 27.673948, "relative_strength": -1.082402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.361336, "energy": 60.205106, "activity_lines": [ 36.244, 36.115273, 35.466667, 34.976172 ] }, { "date": "2026-07-31", "close": 36.43, "volume": 5600, "typical_volume": 5395.0, "trend": 34.555, "fair_value": 27.768972, "relative_strength": 0.219542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.19546, "energy": 56.697142, "activity_lines": [ 36.279334, 36.212909, 35.630905, 35.10572 ] }, { "date": "2026-08-07", "close": 37.27, "volume": 6900, "typical_volume": 5465.0, "trend": 34.677333, "fair_value": 27.867394, "relative_strength": -0.623308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.452618, "energy": 67.326308, "activity_lines": [ 36.585333, 36.437455, 35.855667, 35.280882 ] } ], "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." } } }