{ "ticker": { "uuid": "779da5a4-4aa3-4b93-9376-b788a378cae1", "symbol": "CBL", "name": "Franklin Core ETF Portfolio Series 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": 61.025, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 63.988, "architecture_energy": 63.411, "architecture_maturity": 85.444, "architecture_confidence": 56.041, "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": 22.21, "rotation_up": 50.41, "upward_expansion": 83.0, "deceleration": 71.33, "rotation_down": 29.76, "downward_expansion": 12.0 }, "activity_lines": [ 24.957999, 24.94066, 24.697921, 24.445616 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 24.889999, "trend_reference": 24.15224, "distance_from_trend": 0.030546, "trend_direction": "Improving", "fair_value": 21.893677, "distance_from_fair_value": 0.136858, "fair_value_direction": "Improving", "relative_strength": -6.356194, "relative_strength_direction": "Weakening", "price_momentum": 0.058024, "excess_performance": -0.062397, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.030546, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021677, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.136858, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.01162, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.063562, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.007723, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.058024, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.560739, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.560739, "dry_up": 2.529869, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.007174, "annualized_volatility": 0.071854, "from_high_reference": -0.015038, "from_low_reference": 0.148172 }, "levels": { "trend_reference": 24.15224, "fair_value_reference": 21.893677, "structural_low": 23.227327, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.005042, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.005312, "regime_survival": 0.857143, "best_return": 0.018917, "worst_return": -0.011706, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.029677, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.021719, "regime_survival": 1.0, "best_return": 0.054302, "worst_return": 0.005051, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.059628, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.041554, "regime_survival": 1.0, "best_return": 0.059628, "worst_return": 0.059628, "sufficient": false }, { "horizon": "Full cycle", 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"2026-07-24", "close": 24.85, "volume": 2308, "typical_volume": 438.55, "trend": 24.057601, "fair_value": 21.839689, "relative_strength": -4.316181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.158819, "energy": 79.802656, "activity_lines": [ 25.058974, 24.915783, 24.581427, 24.341572 ] }, { "date": "2026-07-31", "close": 24.889999, "volume": 1207, "typical_volume": 352.45, "trend": 24.109716, "fair_value": 21.866924, "relative_strength": -3.531323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.290504, "energy": 66.524861, "activity_lines": [ 25.017333, 24.934345, 24.643089, 24.395275 ] }, { "date": "2026-08-07", "close": 24.889999, "volume": 0, "typical_volume": 347.35, "trend": 24.15224, "fair_value": 21.893677, "relative_strength": -6.356194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.987926, "energy": 63.410698, "activity_lines": [ 24.957999, 24.94066, 24.697921, 24.445616 ] } ], "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." } } }