{ "ticker": { "uuid": "d260e986-5d3e-45ad-9365-bce806c7c970", "symbol": "KNGC", "name": "Brompton Canadian Cash Flow Kings 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 83.843, "architecture_energy": 71.552, "architecture_maturity": 19.474, "architecture_confidence": 68.186, "architecture_tenure": "Developing", "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": 32.95, "rotation_up": 72.63, "upward_expansion": 80.91, "deceleration": 53.73, "rotation_down": 13.98, "downward_expansion": 16.91 }, "activity_lines": [ 17.167333, 16.951793, 16.925896, 16.860507 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 17.809999, "trend_reference": 16.66932, "distance_from_trend": 0.06843, "trend_direction": "Improving", "fair_value": 12.874925, "distance_from_fair_value": 0.383309, "fair_value_direction": "Improving", "relative_strength": 3.07433, "relative_strength_direction": "Weakening", "price_momentum": 0.126581, "excess_performance": 0.006159, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.06843, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054217, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.383309, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.016463, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.030743, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.039676, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.126581, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.898551, "read": "Demand-led" } ], "volume": { "latest": 4600, "relative_activity": 0.209424, "balance": 4.898551, "dry_up": 0.23674, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.015157, "annualized_volatility": 0.11151, "from_high_reference": -0.003358, "from_low_reference": 0.458569 }, "levels": { "trend_reference": 16.66932, "fair_value_reference": 12.874925, "structural_low": 15.848769, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.00576, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.005363, "regime_survival": 1.0, "best_return": 0.00576, "worst_return": 0.00576, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-06-19", "tenure": "Extended", "return": 0.159913, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.073253, "active": true } ], "chart_path": [ { "date": "2024-06-07", "close": 10.156529, "volume": 1588, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 9.834266, "volume": 2521, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": 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"2026-07-17", "close": 16.65, "volume": 5700, "typical_volume": 37605.0, "trend": 16.40335, "fair_value": 12.757941, "relative_strength": -0.107977, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.074035, "energy": 23.475212, "activity_lines": [ 16.636843, 16.74735, 16.817838, 16.720932 ] }, { "date": "2026-07-24", "close": 16.690001, "volume": 6400, "typical_volume": 37355.0, "trend": 16.477843, "fair_value": 12.793049, "relative_strength": -0.290121, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.944552, "energy": 17.54298, "activity_lines": [ 16.651628, 16.716789, 16.805686, 16.739426 ] }, { "date": "2026-07-31", "close": 17.110001, "volume": 4100, "typical_volume": 22110.0, "trend": 16.565403, "fair_value": 12.831252, "relative_strength": 2.46737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.362474, "energy": 24.509287, "activity_lines": [ 16.810001, 16.768641, 16.833847, 16.78021 ] }, { "date": "2026-08-07", "close": 17.809999, "volume": 4600, "typical_volume": 21965.0, "trend": 16.66932, "fair_value": 12.874925, "relative_strength": 3.07433, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 83.843083, "energy": 71.551837, "activity_lines": [ 17.167333, 16.951793, 16.925896, 16.860507 ] } ], "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." } } }