{ "ticker": { "uuid": "6c504eb7-9c88-4789-8d88-eef415ba38b0", "symbol": "CGR", "name": "iShares Global Real Estate Index ETF Common Class", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 57.69, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 56.28, "architecture_energy": 40.344, "architecture_maturity": 57.193, "architecture_confidence": 55.761, "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": 18.79, "rotation_up": 45.16, "upward_expansion": 76.41, "deceleration": 69.16, "rotation_down": 25.65, "downward_expansion": 5.41 }, "activity_lines": [ 33.796, 33.79435, 33.411611, 33.061831 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 33.5, "trend_reference": 32.637285, "distance_from_trend": 0.026433, "trend_direction": "Improving", "fair_value": 29.23222, "distance_from_fair_value": 0.145996, "fair_value_direction": "Weakening", "relative_strength": -6.335629, "relative_strength_direction": "Weakening", "price_momentum": 0.060451, "excess_performance": -0.05997, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.026433, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0341, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.145996, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008431, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.063356, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.005968, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.060451, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.031797, "read": "Demand-led" } ], "volume": { "latest": 9000, "relative_activity": 0.58651, "balance": 2.031797, "dry_up": 1.979472, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.022085, "annualized_volatility": 0.1688, "from_high_reference": -0.033468, "from_low_reference": 0.126153 }, "levels": { "trend_reference": 32.637285, "fair_value_reference": 29.23222, "structural_low": 30.290001, "invalidation": 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"volume": 12700, "typical_volume": 17105.0, "trend": 32.160385, "fair_value": 29.001239, "relative_strength": -4.17204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.175903, "energy": 69.644086, "activity_lines": [ 33.79095, 33.436209, 32.970648, 32.673602 ] }, { "date": "2026-07-17", "close": 33.860001, "volume": 88900, "typical_volume": 18255.0, "trend": 32.290335, "fair_value": 29.057006, "relative_strength": -3.145638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.124278, "energy": 69.751669, "activity_lines": [ 33.847107, 33.56345, 33.089665, 32.783254 ] }, { "date": "2026-07-24", "close": 34.27, "volume": 15000, "typical_volume": 16370.0, "trend": 32.42999, "fair_value": 29.116301, "relative_strength": -2.00807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.774036, "energy": 70.692956, "activity_lines": [ 34.02, 33.747539, 33.24602, 32.910975 ] }, { "date": "2026-07-31", "close": 33.82, "volume": 8600, "typical_volume": 15420.0, "trend": 32.551739, "fair_value": 29.176065, "relative_strength": -2.638998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.992856, "energy": 46.601546, "activity_lines": [ 33.951334, 33.809512, 33.349267, 33.000653 ] }, { "date": "2026-08-07", "close": 33.5, "volume": 9000, "typical_volume": 15345.0, "trend": 32.637285, "fair_value": 29.23222, "relative_strength": -6.335629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.279734, "energy": 40.343581, "activity_lines": [ 33.796, 33.79435, 33.411611, 33.061831 ] } ], "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." } } }