{ "ticker": { "uuid": "a7dc62ae-8d6c-460a-984e-c02676f7d822", "symbol": "HXT", "name": "Global X S&P/TSX 60 Corporate Class 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": "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": 89.879, "architecture_energy": 73.982, "architecture_maturity": 100.0, "architecture_confidence": 74.314, "architecture_tenure": "Extended", "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": 4.33, "rotation_up": 75.98, "upward_expansion": 90.0, "deceleration": 51.1, "rotation_down": 19.61, "downward_expansion": 12.0 }, "activity_lines": [ 95.083999, 94.291636, 92.654334, 91.076172 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 1.0 }, "latest_close": 96.739998, "trend_reference": 89.129334, "distance_from_trend": 0.085389, "trend_direction": "Improving", "fair_value": 68.205064, "distance_from_fair_value": 0.41837, "fair_value_direction": "Improving", "relative_strength": 1.377648, "relative_strength_direction": "Improving", "price_momentum": 0.148113, "excess_performance": 0.027692, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085389, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045142, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.41837, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.041055, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.013776, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.015746, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.148113, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.145704, "read": "Demand-led" } ], "volume": { "latest": 932100, "relative_activity": 1.068334, "balance": 3.145704, "dry_up": 1.199712, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.016094, "annualized_volatility": 0.109499, "from_high_reference": -0.004835, "from_low_reference": 0.324661 }, "levels": { "trend_reference": 89.129334, "fair_value_reference": 68.205064, "structural_low": 81.82, "invalidation": "A 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90.560474 ] }, { "date": "2026-08-07", "close": 96.739998, "volume": 932100, "typical_volume": 872480.0, "trend": 89.129334, "fair_value": 68.205064, "relative_strength": 1.377648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.87881, "energy": 73.982384, "activity_lines": [ 95.083999, 94.291636, 92.654334, 91.076172 ] } ], "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." } } }