{ "ticker": { "uuid": "d81ae66f-594b-45d3-9a4d-2e186578e659", "symbol": "HMAX", "name": "Hamilton Canadian 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": 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": 68.276, "architecture_energy": 66.135, "architecture_maturity": 86.227, "architecture_confidence": 80.305, "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": 12.21, "rotation_up": 56.23, "upward_expansion": 85.33, "deceleration": 68.42, "rotation_down": 28.61, "downward_expansion": 12.0 }, "activity_lines": [ 18.115788, 18.025311, 17.570519, 17.078245 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 18.15, "trend_reference": 16.499449, "distance_from_trend": 0.100037, "trend_direction": "Improving", "fair_value": 12.548584, "distance_from_fair_value": 0.446378, "fair_value_direction": "Improving", "relative_strength": 3.531088, "relative_strength_direction": "Improving", "price_momentum": 0.164691, "excess_performance": 0.04427, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.100037, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060358, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.446378, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054699, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.035311, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.016305, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.164691, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.125553, "read": "Demand-led" } ], "volume": { "latest": 1243500, "relative_activity": 0.892588, "balance": 2.125553, "dry_up": 1.101397, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.019777, "annualized_volatility": 0.116619, "from_high_reference": -0.015102, "from_low_reference": 0.382745 }, "levels": { "trend_reference": 16.499449, "fair_value_reference": 12.548584, "structural_low": 14.654158, 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"gate": "up", "direction": 77.756441, "energy": 91.514587, "activity_lines": [ 17.762734, 17.445252, 16.842754, 16.467665 ] }, { "date": "2026-07-10", "close": 18.131075, "volume": 1549400, "typical_volume": 1633330.0, "trend": 16.144369, "fair_value": 12.335493, "relative_strength": 7.08209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.270269, "energy": 93.495428, "activity_lines": [ 17.922475, 17.621167, 17.013373, 16.602036 ] }, { "date": "2026-07-17", "close": 18.289598, "volume": 1229700, "typical_volume": 1530685.0, "trend": 16.242557, "fair_value": 12.389426, "relative_strength": 7.990905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.521148, "energy": 93.647577, "activity_lines": [ 18.069643, 17.79363, 17.188101, 16.740437 ] }, { "date": "2026-07-24", "close": 18.012184, "volume": 1737300, "typical_volume": 1471625.0, "trend": 16.328676, "fair_value": 12.441622, "relative_strength": 5.92287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.122002, "energy": 79.085811, "activity_lines": [ 18.076428, 17.883707, 17.323807, 16.854607 ] }, { "date": "2026-07-31", "close": 18.059999, "volume": 1927100, "typical_volume": 1433495.0, "trend": 16.414938, "fair_value": 12.494901, "relative_strength": 6.506357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.407592, "energy": 66.472078, "activity_lines": [ 18.091201, 17.95611, 17.450432, 16.966305 ] }, { "date": "2026-08-07", "close": 18.15, "volume": 1243500, "typical_volume": 1393140.0, "trend": 16.499449, "fair_value": 12.548584, "relative_strength": 3.531088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.276439, "energy": 66.135376, "activity_lines": [ 18.115788, 18.025311, 17.570519, 17.078245 ] } ], "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." } } }