{ "ticker": { "uuid": "72164858-941b-40fd-9220-e6b067c266da", "symbol": "PHW", "name": "Purpose International Tactical Hedged Equity Fd Ser 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": 75.253, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.711, "architecture_energy": 79.11, "architecture_maturity": 31.793, "architecture_confidence": 78.96, "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": 12.25, "rotation_up": 61.25, "upward_expansion": 87.17, "deceleration": 53.31, "rotation_down": 23.94, "downward_expansion": 16.17 }, "activity_lines": [ 22.405414, 22.286444, 21.947889, 21.658572 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 22.76, "trend_reference": 21.356315, "distance_from_trend": 0.065727, "trend_direction": "Improving", "fair_value": 18.626802, "distance_from_fair_value": 0.221895, "fair_value_direction": "Improving", "relative_strength": -3.270606, "relative_strength_direction": "Improving", "price_momentum": 0.08422, "excess_performance": -0.036201, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065727, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026201, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.221895, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.059434, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.032706, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.041058, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.08422, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.941176, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.941176, "dry_up": 0.0, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.013852, "annualized_volatility": 0.134194, "from_high_reference": -0.000439, "from_low_reference": 0.166879 }, "levels": { "trend_reference": 21.356315, "fair_value_reference": 18.626802, "structural_low": 19.505016, "invalidation": "A 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"trend": 21.055878, "fair_value": 18.425304, "relative_strength": -3.341491, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.847782, "energy": 89.3731, "activity_lines": [ 22.151516, 21.881271, 21.480997, 21.294392 ] }, { "date": "2026-07-10", "close": 22.15616, "volume": 100, "typical_volume": 1360.0, "trend": 21.106836, "fair_value": 18.465092, "relative_strength": -3.823769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.123932, "energy": 85.378709, "activity_lines": [ 22.181656, 21.977575, 21.571106, 21.365378 ] }, { "date": "2026-07-17", "close": 22.06674, "volume": 0, "typical_volume": 1325.0, "trend": 21.165372, "fair_value": 18.504138, "relative_strength": -3.890446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.486351, "energy": 77.472062, "activity_lines": [ 22.15406, 22.032308, 21.648778, 21.427307 ] }, { "date": "2026-07-24", "close": 21.997192, "volume": 0, "typical_volume": 1270.0, "trend": 21.21775, "fair_value": 18.541943, "relative_strength": -4.257105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.321296, "energy": 67.008111, "activity_lines": [ 22.093235, 22.056095, 21.71747, 21.480973 ] }, { "date": "2026-07-31", "close": 22.5, "volume": 0, "typical_volume": 1200.0, "trend": 21.289466, "fair_value": 18.584163, "relative_strength": -1.456033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.909414, "energy": 63.284918, "activity_lines": [ 22.219109, 22.157134, 21.825867, 21.563699 ] }, { "date": "2026-08-07", "close": 22.76, "volume": 0, "typical_volume": 1180.0, "trend": 21.356315, "fair_value": 18.626802, "relative_strength": -3.270606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.711256, "energy": 79.109829, "activity_lines": [ 22.405414, 22.286444, 21.947889, 21.658572 ] } ], "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." } } }