{ "ticker": { "uuid": "8e26d72e-6a0a-465e-929d-59a74877e290", "symbol": "MHCD", "name": "Middlefield Healthcare 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 58.404, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 70.627, "architecture_energy": 57.512, "architecture_maturity": 13.897, "architecture_confidence": 67.883, "architecture_tenure": "New", "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": 24.93, "rotation_up": 62.02, "upward_expansion": 80.01, "deceleration": 63.64, "rotation_down": 17.15, "downward_expansion": 9.01 }, "activity_lines": [ 12.179437, 12.085175, 11.723522, 11.58988 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 12.31, "trend_reference": 11.519355, "distance_from_trend": 0.068636, "trend_direction": "Improving", "fair_value": 10.709676, "distance_from_fair_value": 0.149428, "fair_value_direction": "Improving", "relative_strength": -3.751841, "relative_strength_direction": "Improving", "price_momentum": 0.049337, "excess_performance": -0.071084, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.068636, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.007939, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.149428, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.123941, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.037518, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.092341, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.049337, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.005291, "read": "Demand-led" } ], "volume": { "latest": 7774, "relative_activity": 0.272239, "balance": 1.005291, "dry_up": 0.54813, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.028986, "annualized_volatility": 0.170376, "from_high_reference": -0.013531, "from_low_reference": 0.224213 }, "levels": { "trend_reference": 11.519355, "fair_value_reference": 10.709676, "structural_low": 10.66866, 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"activity_lines": [ 11.865945, 11.547863, 11.335789, 11.369143 ] }, { "date": "2026-07-10", "close": 12.160164, "volume": 40598, "typical_volume": 37683.25, "trend": 11.460727, "fair_value": 10.640176, "relative_strength": -2.649535, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.222438, "energy": 76.282702, "activity_lines": [ 12.027329, 11.702418, 11.41748, 11.415696 ] }, { "date": "2026-07-17", "close": 12.090449, "volume": 27712, "typical_volume": 30892.5, "trend": 11.477295, "fair_value": 10.656995, "relative_strength": -2.948427, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.10928, "energy": 74.432918, "activity_lines": [ 12.108361, 11.819884, 11.49091, 11.456323 ] }, { "date": "2026-07-24", "close": 12.160164, "volume": 20831, "typical_volume": 31228.4, "trend": 11.493914, "fair_value": 10.674645, "relative_strength": -2.497284, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.547683, "energy": 82.8685, "activity_lines": [ 12.166139, 11.926157, 11.570346, 11.500379 ] }, { "date": "2026-07-31", "close": 12.08, "volume": 6292, "typical_volume": 30148.45, "trend": 11.508834, "fair_value": 10.69239, "relative_strength": -2.579397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.709176, "energy": 62.617587, "activity_lines": [ 12.134106, 11.9929, 11.638082, 11.538191 ] }, { "date": "2026-08-07", "close": 12.31, "volume": 7774, "typical_volume": 28555.75, "trend": 11.519355, "fair_value": 10.709676, "relative_strength": -3.751841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.626655, "energy": 57.512369, "activity_lines": [ 12.179437, 12.085175, 11.723522, 11.58988 ] } ], "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." } } }