{ "ticker": { "uuid": "0d5d8718-8f5e-4c21-8a3a-efa53f9ee57c", "symbol": "XMWO", "name": "Xtrackers MSCI World Swap UCITS ETF 1C", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.338, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.358, "architecture_energy": 69.119, "architecture_maturity": 85.458, "architecture_confidence": 65.751, "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": 14.15, "rotation_up": 55.25, "upward_expansion": 83.0, "deceleration": 71.34, "rotation_down": 28.63, "downward_expansion": 12.0 }, "activity_lines": [ 135.217328, 134.60636, 132.574761, 129.826644 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 137.929993, "trend_reference": 126.616666, "distance_from_trend": 0.089351, "trend_direction": "Improving", "fair_value": 107.255, "distance_from_fair_value": 0.286001, "fair_value_direction": "Improving", "relative_strength": -3.252161, "relative_strength_direction": "Weakening", "price_momentum": 0.143224, "excess_performance": -0.027668, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089351, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041444, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.286001, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042234, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.032522, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002462, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.143224, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 8.816898, "read": "Demand-led" } ], "volume": { "latest": 7840, "relative_activity": 1.111017, "balance": 8.816898, "dry_up": 0.582008, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.016831, "annualized_volatility": 0.107054, "from_high_reference": -0.001231, "from_low_reference": 0.240266 }, "levels": { "trend_reference": 126.616666, "fair_value_reference": 107.255, "structural_low": 114.980003, 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7081.85, "trend": 125.148334, "fair_value": 106.265833, "relative_strength": -3.019148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.947381, "energy": 69.282347, "activity_lines": [ 134.287998, 133.550909, 130.503905, 127.988258 ] }, { "date": "2026-07-24", "close": 134.369995, "volume": 2138, "typical_volume": 7013.75, "trend": 125.645333, "fair_value": 106.583205, "relative_strength": -2.467565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.670836, "energy": 65.104678, "activity_lines": [ 134.378663, 133.828544, 131.184143, 128.583204 ] }, { "date": "2026-07-31", "close": 133.089996, "volume": 3918, "typical_volume": 6997.45, "trend": 126.101333, "fair_value": 106.901667, "relative_strength": -3.95514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.410469, "energy": 60.488251, "activity_lines": [ 134.007329, 133.789998, 131.680476, 129.063505 ] }, { "date": "2026-08-07", "close": 137.929993, "volume": 7840, "typical_volume": 7056.6, "trend": 126.616666, "fair_value": 107.255, "relative_strength": -3.252161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.358481, "energy": 69.119492, "activity_lines": [ 135.217328, 134.60636, 132.574761, 129.826644 ] } ], "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." } } }