{ "ticker": { "uuid": "96d1fde1-0239-4351-9dd8-f2fc963d5ad2", "symbol": "HIND", "name": "Harvest Industrial Leaders Income ETF Class A", "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": 72.866, "architecture_energy": 50.148, "architecture_maturity": 81.157, "architecture_confidence": 59.189, "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": 15.08, "rotation_up": 50.65, "upward_expansion": 76.28, "deceleration": 68.62, "rotation_down": 27.29, "downward_expansion": 11.95 }, "activity_lines": [ 13.884049, 13.87347, 13.571247, 13.36176 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 14.1, "trend_reference": 13.128099, "distance_from_trend": 0.074032, "trend_direction": "Improving", "fair_value": 11.441268, "distance_from_fair_value": 0.232381, "fair_value_direction": "Improving", "relative_strength": 0.23257, "relative_strength_direction": "Improving", "price_momentum": 0.077739, "excess_performance": -0.042682, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074032, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.050973, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.232381, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.077608, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.002326, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.036535, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.077739, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.891247, "read": "Supply-led" } ], "volume": { "latest": 12900, "relative_activity": 0.807512, "balance": 0.891247, "dry_up": 1.486698, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.027126, "annualized_volatility": 0.152531, "from_high_reference": -0.016659, "from_low_reference": 0.267305 }, "levels": { "trend_reference": 13.128099, "fair_value_reference": 11.441268, "structural_low": 12.106179, 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.384772, "energy": 88.404551, "activity_lines": [ 13.960487, 13.638339, 13.298686, 13.138186 ] }, { "date": "2026-07-17", "close": 13.702916, "volume": 23200, "typical_volume": 25770.0, "trend": 12.950244, "fair_value": 11.378832, "relative_strength": 0.224999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.311822, "energy": 85.04003, "activity_lines": [ 13.916555, 13.69616, 13.358987, 13.190638 ] }, { "date": "2026-07-24", "close": 13.971211, "volume": 30900, "typical_volume": 25070.0, "trend": 13.017594, "fair_value": 11.400617, "relative_strength": 1.98739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.195152, "energy": 72.861067, "activity_lines": [ 13.936468, 13.788475, 13.442744, 13.256507 ] }, { "date": "2026-07-31", "close": 13.62, "volume": 28000, "typical_volume": 19425.0, "trend": 13.070975, "fair_value": 11.419112, "relative_strength": -0.070609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.610388, "energy": 47.876048, "activity_lines": [ 13.823668, 13.794355, 13.487019, 13.295372 ] }, { "date": "2026-08-07", "close": 14.1, "volume": 12900, "typical_volume": 15975.0, "trend": 13.128099, "fair_value": 11.441268, "relative_strength": 0.23257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.866129, "energy": 50.147733, "activity_lines": [ 13.884049, 13.87347, 13.571247, 13.36176 ] } ], "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." } } }