{ "ticker": { "uuid": "ff7f43ae-5620-4e87-b442-439c208e87e2", "symbol": "BNC", "name": "Purpose Canadian Financial Income Fund Series 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": 72.02, "architecture_energy": 69.527, "architecture_maturity": 95.112, "architecture_confidence": 92.317, "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": 7.66, "rotation_up": 61.0, "upward_expansion": 87.67, "deceleration": 65.82, "rotation_down": 29.07, "downward_expansion": 12.0 }, "activity_lines": [ 43.453032, 43.088829, 41.448921, 39.840576 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 43.580002, "trend_reference": 37.8867, "distance_from_trend": 0.150272, "trend_direction": "Improving", "fair_value": 27.279556, "distance_from_fair_value": 0.597533, "fair_value_direction": "Improving", "relative_strength": 10.592546, "relative_strength_direction": "Improving", "price_momentum": 0.259628, "excess_performance": 0.139207, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.150272, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.089855, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.597533, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.114832, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.105925, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.044463, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.259628, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.827586, "read": "Demand-led" } ], "volume": { "latest": 900, "relative_activity": 0.769231, "balance": 2.827586, "dry_up": 0.555556, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.019655, "annualized_volatility": 0.136742, "from_high_reference": -0.012687, "from_low_reference": 0.544771 }, "levels": { "trend_reference": 37.8867, "fair_value_reference": 27.279556, "structural_low": 33.006977, 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26.690477, "relative_strength": 14.670129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.412518, "energy": 94.857706, "activity_lines": [ 42.681562, 41.526731, 39.554019, 38.197582 ] }, { "date": "2026-07-17", "close": 43.8661, "volume": 900, "typical_volume": 1500.0, "trend": 36.973475, "fair_value": 26.839642, "relative_strength": 16.025753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.566627, "energy": 95.953349, "activity_lines": [ 43.189824, 42.135887, 40.129262, 38.663506 ] }, { "date": "2026-07-24", "close": 43.028465, "volume": 400, "typical_volume": 1410.0, "trend": 37.268555, "fair_value": 26.982944, "relative_strength": 13.091483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.598598, "energy": 86.718113, "activity_lines": [ 43.222584, 42.482134, 40.582543, 39.054151 ] }, { "date": "2026-07-31", "close": 43.459999, "volume": 400, "typical_volume": 1315.0, "trend": 37.581853, "fair_value": 27.130548, "relative_strength": 14.276377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.565751, "energy": 69.705418, "activity_lines": [ 43.354462, 42.813084, 41.033539, 39.453599 ] }, { "date": "2026-08-07", "close": 43.580002, "volume": 900, "typical_volume": 1170.0, "trend": 37.8867, "fair_value": 27.279556, "relative_strength": 10.592546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.019629, "energy": 69.527052, "activity_lines": [ 43.453032, 43.088829, 41.448921, 39.840576 ] } ], "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." } } }