{ "ticker": { "uuid": "e2bf69f3-2bc9-4c65-9d2c-c842baf426b6", "symbol": "XIU", "name": "iShares S&P/TSX 60 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": 89.284, "architecture_energy": 74.691, "architecture_maturity": 100.0, "architecture_confidence": 74.903, "architecture_tenure": "Extended", "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": 4.33, "rotation_up": 75.98, "upward_expansion": 90.52, "deceleration": 50.19, "rotation_down": 19.36, "downward_expansion": 12.52 }, "activity_lines": [ 53.220666, 52.770545, 51.847583, 50.961548 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 1.0 }, "latest_close": 54.139999, "trend_reference": 49.867593, "distance_from_trend": 0.085675, "trend_direction": "Improving", "fair_value": 38.13374, "distance_from_fair_value": 0.41974, "fair_value_direction": "Improving", "relative_strength": 1.434821, "relative_strength_direction": "Improving", "price_momentum": 0.148785, "excess_performance": 0.028363, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085675, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045415, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.41974, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.041489, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.014348, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.015852, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.148785, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.558169, "read": "Demand-led" } ], "volume": { "latest": 15574600, "relative_activity": 0.953317, "balance": 2.558169, "dry_up": 1.185859, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.016586, "annualized_volatility": 0.110515, "from_high_reference": -0.005145, "from_low_reference": 0.326445 }, "levels": { "trend_reference": 49.867593, "fair_value_reference": 38.13374, "structural_low": 45.772522, "invalidation": "A 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19501500, "typical_volume": 16931580.0, "trend": 49.451735, "fair_value": 37.81187, "relative_strength": 1.700372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.725587, "energy": 84.589486, "activity_lines": [ 52.640667, 52.217455, 51.264973, 50.458606 ] }, { "date": "2026-07-31", "close": 52.759998, "volume": 16007900, "typical_volume": 16687620.0, "trend": 49.652654, "fair_value": 37.969323, "relative_strength": 2.114422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.536236, "energy": 73.304343, "activity_lines": [ 52.727333, 52.386545, 51.503222, 50.672042 ] }, { "date": "2026-08-07", "close": 54.139999, "volume": 15574600, "typical_volume": 16337265.0, "trend": 49.867593, "fair_value": 38.13374, "relative_strength": 1.434821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.283829, "energy": 74.690911, "activity_lines": [ 53.220666, 52.770545, 51.847583, 50.961548 ] } ], "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." } } }