{ "ticker": { "uuid": "7c5fe1f7-8fc6-41ea-ba1f-8a5d1839f703", "symbol": "VDY", "name": "Vanguard FTSE Canadian High Dividend Yield Index 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.631, "architecture_energy": 66.811, "architecture_maturity": 100.0, "architecture_confidence": 88.182, "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": 12.68, "rotation_up": 63.33, "upward_expansion": 87.67, "deceleration": 65.04, "rotation_down": 24.75, "downward_expansion": 12.0 }, "activity_lines": [ 78.003097, 77.328303, 75.327464, 73.204062 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 77.07, "trend_reference": 70.312737, "distance_from_trend": 0.096103, "trend_direction": "Improving", "fair_value": 50.767408, "distance_from_fair_value": 0.5181, "fair_value_direction": "Improving", "relative_strength": 5.718217, "relative_strength_direction": "Weakening", "price_momentum": 0.202148, "excess_performance": 0.081727, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096103, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.082592, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.5181, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037859, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.057182, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.007819, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.202148, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.189117, "read": "Demand-led" } ], "volume": { "latest": 1216600, "relative_activity": 1.336226, "balance": 1.189117, "dry_up": 1.284714, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.022299, "annualized_volatility": 0.099738, "from_high_reference": -0.027998, "from_low_reference": 0.479969 }, "levels": { "trend_reference": 70.312737, "fair_value_reference": 50.767408, "structural_low": 64.050931, 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"date": "2026-07-17", "close": 78.790001, "volume": 1343300, "typical_volume": 938985.0, "trend": 68.671365, "fair_value": 49.987436, "relative_strength": 12.453735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.997439, "energy": 84.660686, "activity_lines": [ 77.126465, 75.996319, 73.578291, 71.495386 ] }, { "date": "2026-07-24", "close": 78.660004, "volume": 998200, "typical_volume": 913895.0, "trend": 69.235759, "fair_value": 50.250632, "relative_strength": 11.582928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.089063, "energy": 73.871948, "activity_lines": [ 77.827969, 76.658496, 74.280931, 72.139814 ] }, { "date": "2026-07-31", "close": 78.459999, "volume": 1120700, "typical_volume": 895715.0, "trend": 69.798401, "fair_value": 50.514312, "relative_strength": 11.413588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.842581, "energy": 69.680986, "activity_lines": [ 78.242192, 77.159735, 74.901354, 72.734927 ] }, { "date": "2026-08-07", "close": 77.07, "volume": 1216600, "typical_volume": 910475.0, "trend": 70.312737, "fair_value": 50.767408, "relative_strength": 5.718217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.631215, "energy": 66.810611, "activity_lines": [ 78.003097, 77.328303, 75.327464, 73.204062 ] } ], "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." } } }