{ "ticker": { "uuid": "209a22a4-b28e-4b1b-ad69-08f4a1c932fb", "symbol": "MY28", "name": "AMUNDI FIX 28 EU GOV YIELD+ UCI", "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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 58.326, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -28.43, "architecture_energy": 26.986, "architecture_maturity": 9.068, "architecture_confidence": 74.849, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 48.33, "rotation_up": 20.9, "upward_expansion": 11.94, "deceleration": 55.36, "rotation_down": 42.74, "downward_expansion": 66.28 }, "activity_lines": [ 10.303333, 10.306727, 10.298938, 10.31524 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 10.322, "trend_reference": 10.349226, "distance_from_trend": -0.002631, "trend_direction": "Weakening", "fair_value": 10.231574, "distance_from_fair_value": 0.008838, "fair_value_direction": "Improving", "relative_strength": -14.92459, "relative_strength_direction": "Weakening", "price_momentum": -0.014324, "excess_performance": -0.185216, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.002631, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.003776, "read": 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after decline", "gate": "down", "direction": -21.040295, "energy": 18.5957, "activity_lines": [ 10.313867, 10.307805, 10.300701, 10.326566 ] }, { "date": "2026-07-24", "close": 10.278, "volume": 3337, "typical_volume": 5650.7, "trend": 10.357759, "fair_value": 10.230198, "relative_strength": -13.03343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.314132, "energy": 31.914043, "activity_lines": [ 10.3012, 10.304022, 10.297393, 10.321123 ] }, { "date": "2026-07-31", "close": 10.298, "volume": 5285, "typical_volume": 5458.6, "trend": 10.353426, "fair_value": 10.230788, "relative_strength": -13.030056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.011537, "energy": 37.288582, "activity_lines": [ 10.297333, 10.303375, 10.296779, 10.317268 ] }, { "date": "2026-08-07", "close": 10.322, "volume": 2523, "typical_volume": 5526.95, "trend": 10.349226, "fair_value": 10.231574, "relative_strength": -14.92459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.430392, "energy": 26.985903, "activity_lines": [ 10.303333, 10.306727, 10.298938, 10.31524 ] } ], "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." } } }