{ "ticker": { "uuid": "df71b19d-9f8d-4e41-9e55-67df1c22b8ad", "symbol": "SYLD", "name": "Purpose Strategic Yield Fund 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": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 42.953, "architecture_energy": 32.892, "architecture_maturity": 49.524, "architecture_confidence": 79.052, "architecture_tenure": "New", "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": 38.34, "rotation_up": 30.34, "upward_expansion": 58.28, "deceleration": 89.91, "rotation_down": 27.66, "downward_expansion": 21.95 }, "activity_lines": [ 19.894563, 19.906727, 19.878588, 19.806317 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 19.91, "trend_reference": 19.720557, "distance_from_trend": 0.009606, "trend_direction": "Improving", "fair_value": 17.974101, "distance_from_fair_value": 0.107705, "fair_value_direction": "Weakening", "relative_strength": -9.422658, "relative_strength_direction": "Weakening", "price_momentum": 0.019196, "excess_performance": -0.101225, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.009606, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008274, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.107705, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.005182, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.094227, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.013936, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.019196, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.926282, "read": "Demand-led" } ], "volume": { "latest": 15800, "relative_activity": 0.566714, "balance": 3.926282, "dry_up": 0.44028, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.00396, "annualized_volatility": 0.023447, "from_high_reference": -0.005636, "from_low_reference": 0.076407 }, "levels": { "trend_reference": 19.720557, "fair_value_reference": 17.974101, "structural_low": 19.321398, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "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": "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": "2025-07-04", "end": "2026-07-17", "tenure": "Extended", "return": 0.094403, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.00085, "active": true } ], "chart_path": [ { "date": "2023-12-29", "close": 15.578417, "volume": 1800, "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": "2024-01-05", "close": 15.578417, "volume": 5900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": 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-7.591614, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.162963, "energy": 41.807236, "activity_lines": [ 19.909708, 19.921642, 19.842732, 19.767794 ] }, { "date": "2026-07-24", "close": 19.893097, "volume": 17000, "typical_volume": 31630.0, "trend": 19.69222, "fair_value": 17.945717, "relative_strength": -7.60093, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.090339, "energy": 39.969092, "activity_lines": [ 19.899068, 19.918047, 19.856689, 19.7817 ] }, { "date": "2026-07-31", "close": 19.870001, "volume": 7800, "typical_volume": 29925.0, "trend": 19.70621, "fair_value": 17.959866, "relative_strength": -6.991974, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.287866, "energy": 33.490225, "activity_lines": [ 19.889379, 19.908871, 19.866633, 19.79317 ] }, { "date": "2026-08-07", "close": 19.91, "volume": 15800, "typical_volume": 27880.0, "trend": 19.720557, "fair_value": 17.974101, "relative_strength": -9.422658, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.953058, "energy": 32.891885, "activity_lines": [ 19.894563, 19.906727, 19.878588, 19.806317 ] } ], "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." } } }