{ "ticker": { "uuid": "0bf1457d-5c61-4f55-9c7e-3fd0df857fb3", "symbol": "FUSV", "name": "Fidelity US Value Research Enhanced UCITS ETF USD Acc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 96.946, "architecture_energy": 78.701, "architecture_maturity": 35.39, "architecture_confidence": 69.863, "architecture_tenure": "New", "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": 12.71, "rotation_up": 74.9, "upward_expansion": 90.0, "deceleration": 61.8, "rotation_down": 24.19, "downward_expansion": 12.0 }, "activity_lines": [ 5.489133, 5.437018, 5.314595, 5.200551 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 5.593, "trend_reference": 5.058133, "distance_from_trend": 0.105744, "trend_direction": "Improving", "fair_value": 4.664112, "distance_from_fair_value": 0.199156, "fair_value_direction": "Improving", "relative_strength": -0.998397, "relative_strength_direction": "Improving", "price_momentum": 0.172045, "excess_performance": 0.001154, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.105744, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044709, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.199156, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.075502, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.009984, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.012826, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.172045, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.138324, "read": "Demand-led" } ], "volume": { "latest": 911, "relative_activity": 0.807016, "balance": 1.138324, "dry_up": 3.947823, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.010439, "annualized_volatility": 0.074446, "from_high_reference": -0.000536, "from_low_reference": 0.29964 }, "levels": { "trend_reference": 5.058133, "fair_value_reference": 4.664112, "structural_low": 4.772, "invalidation": "A 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"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": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2025-01-31", "close": 4.738, "volume": 7089, "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": "2025-02-07", "close": 4.738, "volume": 0, "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": "2025-02-14", "close": 4.738, "volume": 0, 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"stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-17", "close": 5.429, "volume": 973, "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": "2026-07-24", "close": 5.423, "volume": 9250, "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": "2026-07-31", "close": 5.455, "volume": 6692, "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": "2026-08-07", "close": 5.593, "volume": 911, "typical_volume": 1128.85, "trend": 5.058133, "fair_value": 4.664112, "relative_strength": -0.998397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.945593, "energy": 78.701471, "activity_lines": [ 5.489133, 5.437018, 5.314595, 5.200551 ] } ], "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." } } }