{ "ticker": { "uuid": "b8f077db-28d6-4d6e-a98f-a97a0fb7d69d", "symbol": "TPU", "name": "TD U.S. Equity Index 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": 76.603, "architecture_energy": 54.589, "architecture_maturity": 85.252, "architecture_confidence": 57.878, "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": 25.09, "rotation_up": 47.31, "upward_expansion": 75.62, "deceleration": 71.43, "rotation_down": 29.13, "downward_expansion": 13.62 }, "activity_lines": [ 60.394001, 60.259723, 59.318622, 57.87497 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 61.630001, "trend_reference": 56.231403, "distance_from_trend": 0.096007, "trend_direction": "Improving", "fair_value": 45.986561, "distance_from_fair_value": 0.340174, "fair_value_direction": "Improving", "relative_strength": 0.08835, "relative_strength_direction": "Improving", "price_momentum": 0.149012, "excess_performance": 0.028591, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096007, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038781, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.340174, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.024839, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000884, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.014398, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.149012, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.993669, "read": "Demand-led" } ], "volume": { "latest": 238500, "relative_activity": 0.978321, "balance": 1.993669, "dry_up": 1.18424, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.024447, "annualized_volatility": 0.135395, "from_high_reference": -0.011072, "from_low_reference": 0.24198 }, "levels": { "trend_reference": 56.231403, "fair_value_reference": 45.986561, "structural_low": 50.0, 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45.463645, "relative_strength": -0.620271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.793973, "energy": 62.915013, "activity_lines": [ 60.274835, 59.927948, 58.351561, 57.006022 ] }, { "date": "2026-07-24", "close": 59.490002, "volume": 281700, "typical_volume": 249575.0, "trend": 55.800138, "fair_value": 45.631191, "relative_strength": -0.850027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.210681, "energy": 57.85725, "activity_lines": [ 60.003001, 59.917437, 58.633702, 57.256304 ] }, { "date": "2026-07-31", "close": 59.77, "volume": 232700, "typical_volume": 246290.0, "trend": 56.010545, "fair_value": 45.80304, "relative_strength": 0.139609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.017923, "energy": 45.81582, "activity_lines": [ 59.902001, 59.929069, 58.906753, 57.512425 ] }, { "date": "2026-08-07", "close": 61.630001, "volume": 238500, "typical_volume": 243785.0, "trend": 56.231403, "fair_value": 45.986561, "relative_strength": 0.08835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.602566, "energy": 54.589153, "activity_lines": [ 60.394001, 60.259723, 59.318622, 57.87497 ] } ], "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." } } }