{ "ticker": { "uuid": "b01350be-b4b2-4175-a7d2-09b32cdd0bc2", "symbol": "FMAX", "name": "Hamilton U.S. Financials YIELD MAXIMIZER 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": 50.829, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 76.175, "architecture_energy": 78.014, "architecture_maturity": 7.452, "architecture_confidence": 72.036, "architecture_tenure": "New", "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": 10.83, "rotation_up": 76.76, "upward_expansion": 95.33, "deceleration": 41.87, "rotation_down": 13.76, "downward_expansion": 17.33 }, "activity_lines": [ 17.792822, 17.618279, 17.191264, 16.947503 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 17.950001, "trend_reference": 16.804721, "distance_from_trend": 0.068152, "trend_direction": "Weakening", "fair_value": 15.924973, "distance_from_fair_value": 0.127161, "fair_value_direction": "Improving", "relative_strength": -6.64676, "relative_strength_direction": "Improving", "price_momentum": 0.038512, "excess_performance": -0.081909, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.068152, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.003079, "read": "Falling" }, { 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43.771262, "energy": 72.790786, "activity_lines": [ 17.523582, 17.238709, 16.861247, 16.754824 ] }, { "date": "2026-07-24", "close": 17.675079, "volume": 51200, "typical_volume": 48890.0, "trend": 16.81673, "fair_value": 15.894585, "relative_strength": -6.215289, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.529595, "energy": 75.496285, "activity_lines": [ 17.604767, 17.365365, 16.966919, 16.80964 ] }, { "date": "2026-07-31", "close": 17.82, "volume": 54400, "typical_volume": 47565.0, "trend": 16.816404, "fair_value": 15.909395, "relative_strength": -4.675279, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.58378, "energy": 83.06547, "activity_lines": [ 17.702921, 17.492008, 17.07809, 16.874367 ] }, { "date": "2026-08-07", "close": 17.950001, "volume": 29300, "typical_volume": 46390.0, "trend": 16.804721, "fair_value": 15.924973, "relative_strength": -6.64676, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.17502, "energy": 78.014428, "activity_lines": [ 17.792822, 17.618279, 17.191264, 16.947503 ] } ], "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." } } }