{ "ticker": { "uuid": "30460885-779b-406c-ae34-dea8a7cf6662", "symbol": "XMEU", "name": "Xtrackers MSCI Europe 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": 92.111, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.178, "architecture_energy": 75.261, "architecture_maturity": 39.888, "architecture_confidence": 81.71, "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": 8.57, "rotation_up": 64.36, "upward_expansion": 88.43, "deceleration": 50.95, "rotation_down": 22.07, "downward_expansion": 15.1 }, "activity_lines": [ 120.358666, 119.549819, 117.406953, 115.58542 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 122.239998, "trend_reference": 113.688667, "distance_from_trend": 0.075217, "trend_direction": "Improving", "fair_value": 95.673013, "distance_from_fair_value": 0.277685, "fair_value_direction": "Improving", "relative_strength": -3.890874, "relative_strength_direction": "Improving", "price_momentum": 0.095537, "excess_performance": -0.075355, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075217, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040552, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.277685, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.062874, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038909, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.015178, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.095537, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.880505, "read": "Demand-led" } ], "volume": { "latest": 38607, "relative_activity": 1.04632, "balance": 1.880505, "dry_up": 0.732298, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.018891, "annualized_volatility": 0.144247, "from_high_reference": -0.003262, "from_low_reference": 0.245441 }, "levels": { "trend_reference": 113.688667, "fair_value_reference": 95.673013, "structural_low": 101.739998, 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"date": "2026-07-24", "close": 119.260002, "volume": 30183, "typical_volume": 44829.0, "trend": 112.878667, "fair_value": 95.124744, "relative_strength": -2.91755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.659359, "energy": 72.446889, "activity_lines": [ 119.040002, 118.301093, 116.035144, 114.539312 ] }, { "date": "2026-07-31", "close": 120.139999, "volume": 15111, "typical_volume": 41641.85, "trend": 113.286667, "fair_value": 95.392628, "relative_strength": -2.81787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.340729, "energy": 59.154285, "activity_lines": [ 119.433334, 118.778183, 116.648763, 115.007785 ] }, { "date": "2026-08-07", "close": 122.239998, "volume": 38607, "typical_volume": 36897.9, "trend": 113.688667, "fair_value": 95.673013, "relative_strength": -3.890874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.177712, "energy": 75.261187, "activity_lines": [ 120.358666, 119.549819, 117.406953, 115.58542 ] } ], "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." } } }