{ "ticker": { "uuid": "15f911ae-1cc3-4737-b142-b391aaf8a7be", "symbol": "JPSR", "name": "UBS MSCI Japan Socially Responsible UCITS ETF JPY dis", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 89.262, "architecture_energy": 70.644, "architecture_maturity": 80.276, "architecture_confidence": 78.337, "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": 7.71, "rotation_up": 59.72, "upward_expansion": 85.33, "deceleration": 68.47, "rotation_down": 27.9, "downward_expansion": 12.0 }, "activity_lines": [ 30.275666, 30.060636, 29.278809, 28.584964 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 31.254999, "trend_reference": 27.822632, "distance_from_trend": 0.123366, "trend_direction": "Improving", "fair_value": 23.236562, "distance_from_fair_value": 0.345078, "fair_value_direction": "Improving", "relative_strength": 1.070031, "relative_strength_direction": "Improving", "price_momentum": 0.171037, "excess_performance": 0.000145, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.123366, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.051566, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.345078, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.118636, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.0107, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.040525, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.171037, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 9.071011, "read": "Demand-led" } ], "volume": { "latest": 21697, "relative_activity": 3.308781, "balance": 9.071011, "dry_up": 1.291022, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.022076, "annualized_volatility": 0.186767, "from_high_reference": -0.002075, "from_low_reference": 0.334559 }, "levels": { "trend_reference": 27.822632, "fair_value_reference": 23.236562, "structural_low": 24.754999, 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"energy": 65.257575, "activity_lines": [ 29.826, 29.648818, 28.798786, 28.202287 ] }, { "date": "2026-07-31", "close": 29.895, "volume": 6511, "typical_volume": 6486.65, "trend": 27.678596, "fair_value": 23.159719, "relative_strength": -0.44962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.390966, "energy": 62.26323, "activity_lines": [ 29.835666, 29.746272, 28.983381, 28.354228 ] }, { "date": "2026-08-07", "close": 31.254999, "volume": 21697, "typical_volume": 6557.4, "trend": 27.822632, "fair_value": 23.236562, "relative_strength": 1.070031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.262265, "energy": 70.643623, "activity_lines": [ 30.275666, 30.060636, 29.278809, 28.584964 ] } ], "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." } } }