{ "ticker": { "uuid": "8eceb711-a2bc-48f7-9c3e-8f6667cd1c5e", "symbol": "VRE", "name": "Vanguard FTSE Canadian Capped REIT 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 68.177, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 43.226, "architecture_energy": 29.021, "architecture_maturity": 44.52, "architecture_confidence": 69.118, "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": 41.41, "rotation_up": 38.41, "upward_expansion": 65.2, "deceleration": 84.58, "rotation_down": 24.81, "downward_expansion": 15.2 }, "activity_lines": [ 33.121802, 33.222802, 32.849934, 32.537912 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 32.68, "trend_reference": 32.342824, "distance_from_trend": 0.010425, "trend_direction": "Improving", "fair_value": 30.515526, "distance_from_fair_value": 0.07093, "fair_value_direction": "Improving", "relative_strength": -11.379089, "relative_strength_direction": "Improving", "price_momentum": -0.009443, "excess_performance": -0.129864, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.010425, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012062, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.07093, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003301, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.113791, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.01065, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.009443, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.27043, "read": "Demand-led" } ], "volume": { "latest": 23500, "relative_activity": 0.72108, "balance": 1.27043, "dry_up": 1.113071, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.024305, "annualized_volatility": 0.165212, "from_high_reference": -0.068225, "from_low_reference": 0.096177 }, "levels": { "trend_reference": 32.342824, "fair_value_reference": 30.515526, "structural_low": 29.812693, 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"activity_lines": [ 33.608737, 33.187644, 32.629878, 32.405313 ] }, { "date": "2026-07-24", "close": 33.07, "volume": 35900, "typical_volume": 32685.0, "trend": 32.307833, "fair_value": 30.447503, "relative_strength": -8.74863, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.271742, "energy": 70.800544, "activity_lines": [ 33.492742, 33.244656, 32.718725, 32.456916 ] }, { "date": "2026-07-31", "close": 33.240002, "volume": 34800, "typical_volume": 32795.0, "trend": 32.35674, "fair_value": 30.48322, "relative_strength": -7.4349, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.449501, "energy": 44.849365, "activity_lines": [ 33.402015, 33.296569, 32.816562, 32.517056 ] }, { "date": "2026-08-07", "close": 32.68, "volume": 23500, "typical_volume": 32590.0, "trend": 32.342824, "fair_value": 30.515526, "relative_strength": -11.379089, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.225689, "energy": 29.020802, "activity_lines": [ 33.121802, 33.222802, 32.849934, 32.537912 ] } ], "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." } } }