{ "ticker": { "uuid": "7432fbd6-343b-41ab-aa72-336339466459", "symbol": "MREL", "name": "Middlefield Real Estate Dividend 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": 57.167, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 62.196, "architecture_energy": 52.818, "architecture_maturity": 95.078, "architecture_confidence": 61.283, "architecture_tenure": "Extended", "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": 11.34, "rotation_up": 52.17, "upward_expansion": 81.88, "deceleration": 67.8, "rotation_down": 26.86, "downward_expansion": 8.55 }, "activity_lines": [ 13.890359, 13.878624, 13.66174, 13.444032 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 13.67, "trend_reference": 13.200704, "distance_from_trend": 0.035551, "trend_direction": "Improving", "fair_value": 11.283277, "distance_from_fair_value": 0.211528, "fair_value_direction": "Weakening", "relative_strength": -4.643497, "relative_strength_direction": "Weakening", "price_momentum": 0.064472, "excess_performance": -0.05595, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.035551, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042032, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.211528, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.007726, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.046435, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.013539, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.064472, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.629703, "read": "Supply-led" } ], "volume": { "latest": 24400, "relative_activity": 0.64042, "balance": 0.629703, "dry_up": 0.911417, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.020828, "annualized_volatility": 0.125755, "from_high_reference": -0.042923, "from_low_reference": 0.170529 }, "levels": { "trend_reference": 13.200704, "fair_value_reference": 11.283277, "structural_low": 12.089219, 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87.048743, "activity_lines": [ 14.020774, 13.862184, 13.572737, 13.36103 ] }, { "date": "2026-07-31", "close": 13.9, "volume": 20400, "typical_volume": 38525.0, "trend": 13.169669, "fair_value": 11.258075, "relative_strength": -0.100462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.016172, "energy": 62.069262, "activity_lines": [ 13.993585, 13.896739, 13.631543, 13.411753 ] }, { "date": "2026-08-07", "close": 13.67, "volume": 24400, "typical_volume": 38100.0, "trend": 13.200704, "fair_value": 11.283277, "relative_strength": -4.643497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.196041, "energy": 52.817662, "activity_lines": [ 13.890359, 13.878624, 13.66174, 13.444032 ] } ], "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." } } }