{ "ticker": { "uuid": "77435617-9ebc-4f9e-9dee-2a498c2736d4", "symbol": "HFG", "name": "Hamilton Global Financials 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 89.148, "architecture_energy": 95.373, "architecture_maturity": 19.16, "architecture_confidence": 67.312, "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": 7.3, "rotation_up": 88.24, "upward_expansion": 99.75, "deceleration": 39.09, "rotation_down": 8.89, "downward_expansion": 21.75 }, "activity_lines": [ 35.397762, 34.770329, 33.60184, 32.898373 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 35.98, "trend_reference": 32.283627, "distance_from_trend": 0.114497, "trend_direction": "Improving", "fair_value": 26.585684, "distance_from_fair_value": 0.35336, "fair_value_direction": "Improving", "relative_strength": 0.277351, "relative_strength_direction": "Improving", "price_momentum": 0.103092, "excess_performance": -0.01733, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.114497, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024165, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.35336, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.113087, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.002774, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.103776, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.103092, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.38806, "read": "Demand-led" } ], "volume": { "latest": 500, "relative_activity": 0.325733, "balance": 1.38806, "dry_up": 1.498371, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.017629, "annualized_volatility": 0.149367, "from_high_reference": -0.001942, "from_low_reference": 0.225014 }, "levels": { "trend_reference": 32.283627, "fair_value_reference": 26.585684, "structural_low": 29.371084, "invalidation": "A 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32.452151, 32.035805, 31.586409, 31.598183 ] }, { "date": "2026-06-26", "close": 33.224548, "volume": 600, "typical_volume": 1875.0, "trend": 31.734573, "fair_value": 25.938677, "relative_strength": -4.952864, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.548894, "energy": 75.138019, "activity_lines": [ 32.796101, 32.279031, 31.762062, 31.697783 ] }, { "date": "2026-07-03", "close": 34.491642, "volume": 0, "typical_volume": 1655.0, "trend": 31.832277, "fair_value": 26.048154, "relative_strength": -1.83733, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.476078, "energy": 96.98678, "activity_lines": [ 33.465686, 32.739403, 32.0555, 31.875658 ] }, { "date": "2026-07-10", "close": 34.651325, "volume": 2300, "typical_volume": 1710.0, "trend": 31.9205, "fair_value": 26.15597, "relative_strength": -1.316387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.110109, "energy": 96.126593, "activity_lines": [ 33.997979, 33.174614, 32.349888, 32.057532 ] }, { "date": "2026-07-17", "close": 34.94075, "volume": 4000, "typical_volume": 1675.0, "trend": 32.013107, "fair_value": 26.26173, "relative_strength": -0.17052, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.377833, "energy": 95.323289, "activity_lines": [ 34.436894, 33.607772, 32.658002, 32.252387 ] }, { "date": "2026-07-24", "close": 34.711205, "volume": 3900, "typical_volume": 1745.0, "trend": 32.082273, "fair_value": 26.365202, "relative_strength": -0.888088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.308247, "energy": 90.505302, "activity_lines": [ 34.632055, 33.933826, 32.927286, 32.426458 ] }, { "date": "2026-07-31", "close": 35.599998, "volume": 800, "typical_volume": 1665.0, "trend": 32.183045, "fair_value": 26.47402, "relative_strength": 2.248027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.544628, "energy": 95.55778, "activity_lines": [ 35.030757, 34.352317, 33.260282, 32.653408 ] }, { "date": "2026-08-07", "close": 35.98, "volume": 500, "typical_volume": 1535.0, "trend": 32.283627, "fair_value": 26.585684, "relative_strength": 0.277351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.148482, "energy": 95.373006, "activity_lines": [ 35.397762, 34.770329, 33.60184, 32.898373 ] } ], "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." } } }