{ "ticker": { "uuid": "68573e29-870b-4024-9b19-d08aa4afd261", "symbol": "BANK", "name": "Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund", "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": 67.802, "architecture_energy": 67.068, "architecture_maturity": 83.7, "architecture_confidence": 91.382, "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": 9.39, "rotation_up": 61.54, "upward_expansion": 87.67, "deceleration": 65.56, "rotation_down": 26.74, "downward_expansion": 12.0 }, "activity_lines": [ 11.814996, 11.686282, 11.221355, 10.756673 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 11.79, "trend_reference": 10.192372, "distance_from_trend": 0.156747, "trend_direction": "Improving", "fair_value": 6.928656, "distance_from_fair_value": 0.701629, "fair_value_direction": "Improving", "relative_strength": 12.459971, "relative_strength_direction": "Improving", "price_momentum": 0.287585, "excess_performance": 0.167164, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.156747, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.096612, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.701629, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.102603, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.1246, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.02805, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.287585, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.444117, "read": "Demand-led" } ], "volume": { "latest": 1704900, "relative_activity": 0.799254, "balance": 1.444117, "dry_up": 1.307466, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.028489, "annualized_volatility": 0.150408, "from_high_reference": -0.016292, "from_low_reference": 0.644186 }, "levels": { "trend_reference": 10.192372, "fair_value_reference": 6.928656, "structural_low": 8.708857, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": 0.026331, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": 0.004653, "regime_survival": 0.884615, "best_return": 0.085056, "worst_return": -0.063806, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.085452, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.000603, "regime_survival": 0.75, "best_return": 0.176508, "worst_return": -0.030895, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.184207, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.073058, "regime_survival": 0.5, "best_return": 0.265169, "worst_return": 0.021516, "sufficient": false }, { "horizon": "Full cycle", 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"date": "2026-08-07", "close": 11.79, "volume": 1704900, "typical_volume": 2133115.0, "trend": 10.192372, "fair_value": 6.928656, "relative_strength": 12.459971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.802462, "energy": 67.068105, "activity_lines": [ 11.814996, 11.686282, 11.221355, 10.756673 ] } ], "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." } } }