{ "ticker": { "uuid": "9c8026d2-24a9-40fe-b900-9105857a26f2", "symbol": "DATA-B", "name": "Evolve Cloud Computing Index Fund ETF Unhedged", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 47.572, "architecture_energy": 31.981, "architecture_maturity": 73.453, "architecture_confidence": 90.155, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 31.55, "rotation_up": 28.81, "upward_expansion": 61.36, "deceleration": 88.33, "rotation_down": 29.94, "downward_expansion": 22.7 }, "activity_lines": [ 37.913969, 38.405601, 37.663599, 35.847601 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 39.02, "trend_reference": 33.764167, "distance_from_trend": 0.155663, "trend_direction": "Improving", "fair_value": 28.967419, "distance_from_fair_value": 0.347031, "fair_value_direction": "Improving", "relative_strength": 2.385037, "relative_strength_direction": "Improving", "price_momentum": 0.368981, "excess_performance": 0.24856, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.155663, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.053501, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.347031, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054278, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.02385, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.053696, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.368981, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 15.371429, "read": "Demand-led" } ], "volume": { "latest": 100, "relative_activity": 0.019763, "balance": 15.371429, "dry_up": 0.083992, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.046454, "annualized_volatility": 0.316424, "from_high_reference": -0.057475, "from_low_reference": 0.456806 }, "levels": { "trend_reference": 33.764167, "fair_value_reference": 28.967419, "structural_low": 26.784628, "invalidation": "A 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"direction": 68.483266, "energy": 66.054163, "activity_lines": [ 39.660004, 39.37842, 36.590334, 34.784337 ] }, { "date": "2026-07-17", "close": 37.099892, "volume": 500, "typical_volume": 5825.0, "trend": 33.330477, "fair_value": 28.628182, "relative_strength": -0.270667, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.396654, "energy": 51.815116, "activity_lines": [ 38.79348, 39.090556, 36.879414, 35.03652 ] }, { "date": "2026-07-24", "close": 35.950203, "volume": 100, "typical_volume": 5505.0, "trend": 33.415606, "fair_value": 28.728508, "relative_strength": -3.319638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.662613, "energy": 35.48723, "activity_lines": [ 37.671069, 38.562784, 37.01597, 35.205535 ] }, { "date": "2026-07-31", "close": 37.93, "volume": 1000, "typical_volume": 5350.0, "trend": 33.582369, "fair_value": 28.843869, "relative_strength": 2.631754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.35743, "energy": 29.127692, "activity_lines": [ 37.571207, 38.396091, 37.309564, 35.496786 ] }, { "date": "2026-08-07", "close": 39.02, "volume": 100, "typical_volume": 5060.0, "trend": 33.764167, "fair_value": 28.967419, "relative_strength": 2.385037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.572248, "energy": 31.98078, "activity_lines": [ 37.913969, 38.405601, 37.663599, 35.847601 ] } ], "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." } } }