{ "ticker": { "uuid": "6ea6dddd-9515-471d-a48c-e3ce6279a493", "symbol": "ZUCM", "name": "BMO USD Cash Management 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 72.666, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 44.858, "architecture_energy": 32.433, "architecture_maturity": 74.131, "architecture_confidence": 63.227, "architecture_tenure": "Developing", "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": 24.46, "rotation_up": 34.39, "upward_expansion": 68.13, "deceleration": 85.44, "rotation_down": 27.6, "downward_expansion": 18.13 }, "activity_lines": [ 31.087857, 31.159986, 30.946782, 30.762613 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 30.959999, "trend_reference": 30.528261, "distance_from_trend": 0.014142, "trend_direction": "Improving", "fair_value": 29.155617, "distance_from_fair_value": 0.061888, "fair_value_direction": "Improving", "relative_strength": -9.56744, "relative_strength_direction": "Improving", "price_momentum": 0.033173, "excess_performance": -0.087248, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.014142, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.009503, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.061888, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.020324, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.095674, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.013711, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.033173, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.678615, "read": "Supply-led" } ], "volume": { "latest": 25000, "relative_activity": 0.856751, "balance": 0.678615, "dry_up": 0.871316, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.009181, "annualized_volatility": 0.04608, "from_high_reference": -0.029645, "from_low_reference": 0.046589 }, "levels": { "trend_reference": 30.528261, "fair_value_reference": 29.155617, "structural_low": 29.689207, 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"date": "2026-07-24", "close": 31.237823, "volume": 8100, "typical_volume": 27235.0, "trend": 30.476386, "fair_value": 29.130115, "relative_strength": -6.964538, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.739392, "energy": 59.317813, "activity_lines": [ 31.23244, 31.17929, 30.885142, 30.693448 ] }, { "date": "2026-07-31", "close": 31.1, "volume": 58600, "typical_volume": 29055.0, "trend": 30.511554, "fair_value": 29.143425, "relative_strength": -6.590029, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.588612, "energy": 45.7742, "activity_lines": [ 31.1746, 31.18744, 30.924718, 30.733681 ] }, { "date": "2026-08-07", "close": 30.959999, "volume": 25000, "typical_volume": 29180.0, "trend": 30.528261, "fair_value": 29.155617, "relative_strength": -9.56744, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.857581, "energy": 32.433323, "activity_lines": [ 31.087857, 31.159986, 30.946782, 30.762613 ] } ], "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." } } }