{ "ticker": { "uuid": "9f71d362-4a3c-4dd0-bc5e-167364a02adf", "symbol": "JHDV", "name": "JOHN HANCOCK EXCHANGE TRADED FD TR US HIGH DIVIDEND ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "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": 79.081, "architecture_energy": 64.824, "architecture_maturity": 79.457, "architecture_confidence": 65.153, "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": 20.26, "rotation_up": 49.75, "upward_expansion": 80.16, "deceleration": 73.42, "rotation_down": 28.95, "downward_expansion": 11.49 }, "activity_lines": [ 47.040747, 46.838394, 46.160939, 45.085905 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 47.836, "trend_reference": 43.770829, "distance_from_trend": 0.092874, "trend_direction": "Improving", "fair_value": 35.350386, "distance_from_fair_value": 0.353196, "fair_value_direction": "Improving", "relative_strength": 2.258779, "relative_strength_direction": "Improving", "price_momentum": 0.144348, "excess_performance": 0.018723, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.092874, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057601, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.353196, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.024183, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.022588, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.00755, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.144348, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 11.635777, "read": "Demand-led" } ], "volume": { "latest": 1442, "relative_activity": 0.596459, "balance": 11.635777, "dry_up": 0.564816, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.019393, "annualized_volatility": 0.121073, "from_high_reference": 0.0, "from_low_reference": 0.272906 }, "levels": { "trend_reference": 43.770829, "fair_value_reference": 35.350386, "structural_low": 39.1362, 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.297895, "energy": 64.276165, "activity_lines": [ 46.440697, 46.188782, 44.801287, 43.832501 ] }, { "date": "2026-07-10", "close": 47.2054, "volume": 2997, "typical_volume": 2193.25, "trend": 42.848521, "fair_value": 34.847904, "relative_strength": 3.663388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.208845, "energy": 68.095375, "activity_lines": [ 46.711715, 46.447283, 45.145316, 44.130008 ] }, { "date": "2026-07-17", "close": 46.5569, "volume": 2000, "typical_volume": 2257.3, "trend": 43.082373, "fair_value": 34.970572, "relative_strength": 3.769556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.469147, "energy": 62.279564, "activity_lines": [ 46.672499, 46.526273, 45.404418, 44.369258 ] }, { "date": "2026-07-24", "close": 46.6068, "volume": 1498, "typical_volume": 2326.9, "trend": 43.300732, "fair_value": 35.091426, "relative_strength": 4.393614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.485814, "energy": 60.610754, "activity_lines": [ 46.66076, 46.581868, 45.646717, 44.596641 ] }, { "date": "2026-07-31", "close": 46.5729, "volume": 522, "typical_volume": 2349.5, "trend": 43.524579, "fair_value": 35.216709, "relative_strength": 3.11772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.258782, "energy": 56.737935, "activity_lines": [ 46.651213, 46.602471, 45.858446, 44.807748 ] }, { "date": "2026-08-07", "close": 47.836, "volume": 1442, "typical_volume": 2417.6, "trend": 43.770829, "fair_value": 35.350386, "relative_strength": 2.258779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.080962, "energy": 64.823891, "activity_lines": [ 47.040747, 46.838394, 46.160939, 45.085905 ] } ], "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." } } }