{ "ticker": { "uuid": "e35ea4c4-9586-47a9-b12c-aadf130e44c7", "symbol": "EDGF", "name": "Brompton European Dividend Growth 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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 80.255, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 9.321, "architecture_energy": 14.147, "architecture_maturity": 25.113, "architecture_confidence": 53.437, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 57.55, "rotation_up": 22.99, "upward_expansion": 22.64, "deceleration": 66.06, "rotation_down": 49.32, "downward_expansion": 33.98 }, "activity_lines": [ 11.542086, 11.612802, 11.580287, 11.539542 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 11.77, "trend_reference": 11.557269, "distance_from_trend": 0.018407, "trend_direction": "Improving", "fair_value": 10.082031, "distance_from_fair_value": 0.167424, "fair_value_direction": "Improving", "relative_strength": -8.34502, "relative_strength_direction": "Improving", "price_momentum": -0.003152, "excess_performance": -0.123574, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.018407, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.010849, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.167424, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003964, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.08345, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.013882, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.003152, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.524292, "read": "Supply-led" } ], "volume": { "latest": 4702, "relative_activity": 0.945382, "balance": 0.524292, "dry_up": 0.804439, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.022982, "annualized_volatility": 0.177807, "from_high_reference": -0.042229, "from_low_reference": 0.093297 }, "levels": { "trend_reference": 11.557269, "fair_value_reference": 10.082031, "structural_low": 10.792105, "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": 9, "median_return": 0.00769, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.023064, "regime_survival": 0.444444, "best_return": 0.04915, "worst_return": -0.117394, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.019302, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.020239, "regime_survival": 0.2, "best_return": 0.08227, "worst_return": -0.026728, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.099931, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.002813, "regime_survival": 0.0, "best_return": 0.102519, "worst_return": 0.017265, 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"typical_volume": 5541.7, "trend": 11.567234, "fair_value": 10.037553, "relative_strength": -8.75625, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.265986, "energy": 7.927872, "activity_lines": [ 11.571729, 11.648625, 11.560508, 11.541255 ] }, { "date": "2026-07-31", "close": 11.33, "volume": 3304, "typical_volume": 5333.8, "trend": 11.559318, "fair_value": 10.0586, "relative_strength": -9.212126, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.894926, "energy": 25.911546, "activity_lines": [ 11.471497, 11.588882, 11.549738, 11.52595 ] }, { "date": "2026-08-07", "close": 11.77, "volume": 4702, "typical_volume": 4973.65, "trend": 11.557269, "fair_value": 10.082031, "relative_strength": -8.34502, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.32094, "energy": 14.146531, "activity_lines": [ 11.542086, 11.612802, 11.580287, 11.539542 ] } ], "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." } } }