{ "ticker": { "uuid": "de908b92-fdd5-43b7-9219-ec0921b06425", "symbol": "HBNK", "name": "Global X Equal Weight Banks 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": 64.813, "architecture_energy": 65.375, "architecture_maturity": 92.509, "architecture_confidence": 77.801, "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": 18.48, "rotation_up": 53.14, "upward_expansion": 83.0, "deceleration": 71.4, "rotation_down": 28.57, "downward_expansion": 12.0 }, "activity_lines": [ 45.40969, 45.05901, 43.28403, 41.493016 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 45.400002, "trend_reference": 39.259284, "distance_from_trend": 0.156414, "trend_direction": "Improving", "fair_value": 26.10429, "distance_from_fair_value": 0.739178, "fair_value_direction": "Improving", "relative_strength": 13.183408, "relative_strength_direction": "Improving", "price_momentum": 0.28733, "excess_performance": 0.166909, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.156414, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.105696, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.739178, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.119168, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.131834, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.018791, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.28733, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.238802, "read": "Demand-led" } ], "volume": { "latest": 106700, "relative_activity": 0.887761, "balance": 2.238802, "dry_up": 1.151926, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.028452, "annualized_volatility": 0.155279, "from_high_reference": -0.026518, "from_low_reference": 0.666007 }, "levels": { "trend_reference": 39.259284, "fair_value_reference": 26.10429, "structural_low": 33.696345, 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"regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.350772, "energy": 81.648156, "activity_lines": [ 45.352613, 44.489933, 42.37383, 40.639406 ] }, { "date": "2026-07-31", "close": 45.27, "volume": 123800, "typical_volume": 123385.0, "trend": 38.900962, "fair_value": 25.928054, "relative_strength": 17.104507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.675086, "energy": 67.071528, "activity_lines": [ 45.390238, 44.800052, 42.848665, 41.073723 ] }, { "date": "2026-08-07", "close": 45.400002, "volume": 106700, "typical_volume": 120190.0, "trend": 39.259284, "fair_value": 26.10429, "relative_strength": 13.183408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.813114, "energy": 65.375305, "activity_lines": [ 45.40969, 45.05901, 43.28403, 41.493016 ] } ], "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." } } }