{ "ticker": { "uuid": "e69c0b85-9e91-464b-8fde-78c52ace2e37", "symbol": "WSRD", "name": "Wealthsimple Developed Markets ex North America Socially Responsible 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 61.468, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 76.688, "architecture_energy": 62.901, "architecture_maturity": 13.843, "architecture_confidence": 71.762, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 21.65, "rotation_up": 66.23, "upward_expansion": 85.11, "deceleration": 48.84, "rotation_down": 14.54, "downward_expansion": 11.78 }, "activity_lines": [ 35.014667, 34.771852, 34.2416, 34.042906 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 35.639999, "trend_reference": 34.006331, "distance_from_trend": 0.04804, "trend_direction": "Improving", "fair_value": 30.027058, "distance_from_fair_value": 0.186929, "fair_value_direction": "Improving", "relative_strength": -6.593345, "relative_strength_direction": "Improving", "price_momentum": 0.021584, "excess_performance": -0.098837, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.04804, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.004783, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.186929, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.052214, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.065933, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.051756, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.021584, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.683962, "read": "Demand-led" } ], "volume": { "latest": 18400, "relative_activity": 0.579163, "balance": 1.683962, "dry_up": 1.100881, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.023367, "annualized_volatility": 0.174372, "from_high_reference": -0.003356, "from_low_reference": 0.126387 }, "levels": { "trend_reference": 34.006331, "fair_value_reference": 30.027058, "structural_low": 31.641001, "invalidation": "A 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33.630454, "energy": 47.055396, "activity_lines": [ 34.398792, 33.930834, 33.64564, 33.751414 ] }, { "date": "2026-07-10", "close": 34.709999, "volume": 33400, "typical_volume": 30285.0, "trend": 33.937683, "fair_value": 29.775028, "relative_strength": -7.586722, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.072803, "energy": 52.242192, "activity_lines": [ 34.597001, 34.135496, 33.749859, 33.803045 ] }, { "date": "2026-07-17", "close": 34.48, "volume": 25000, "typical_volume": 30800.0, "trend": 33.946422, "fair_value": 29.83443, "relative_strength": -7.768106, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.601665, "energy": 46.47, "activity_lines": [ 34.600599, 34.263124, 33.835252, 33.838034 ] }, { "date": "2026-07-24", "close": 34.330002, "volume": 17500, "typical_volume": 29885.0, "trend": 33.954822, "fair_value": 29.892269, "relative_strength": -8.071566, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.094626, "energy": 44.956075, "activity_lines": [ 34.520667, 34.34016, 33.911341, 33.862781 ] }, { "date": "2026-07-31", "close": 35.09, "volume": 79000, "typical_volume": 32155.0, "trend": 33.983229, "fair_value": 29.957931, "relative_strength": -5.35009, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.613823, "energy": 39.752914, "activity_lines": [ 34.710667, 34.522045, 34.055615, 33.936018 ] }, { "date": "2026-08-07", "close": 35.639999, "volume": 18400, "typical_volume": 31770.0, "trend": 34.006331, "fair_value": 30.027058, "relative_strength": -6.593345, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.687983, "energy": 62.900679, "activity_lines": [ 35.014667, 34.771852, 34.2416, 34.042906 ] } ], "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." } } }