{
  "ticker": {
    "uuid": "33a53751-b63a-43da-b2f8-3d7ffc34ab51",
    "symbol": "CMOC",
    "name": "Invesco Bloomberg Commodity Carbon Tilted UCITS ETF USD",
    "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": 90.898,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Re-acceleration watch",
    "architecture_gate": "up",
    "architecture_direction": 54.361,
    "architecture_energy": 50.578,
    "architecture_maturity": 37.154,
    "architecture_confidence": 48.989,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The prior uptrend is attempting to re-accelerate.",
        "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set."
      },
      "scores": {
        "balance": 30.21,
        "rotation_up": 75.01,
        "upward_expansion": 73.08,
        "deceleration": 61.49,
        "rotation_down": 8.94,
        "downward_expansion": 14.08
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      "activity_lines": [
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      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
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    "trend_direction": "Improving",
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    "distance_from_fair_value": 0.292313,
    "fair_value_direction": "Improving",
    "relative_strength": 1.528907,
    "relative_strength_direction": "Weakening",
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
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        "value": 0.292313,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
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        "value": 0.001702,
        "read": "Closing upward"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.015289,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
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        "value": -0.077335,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
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        "value": 0.189213,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.074005,
        "read": "Supply-led"
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    "volume": {
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      "relative_activity": 0.0,
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      "accumulation_observations": 0,
      "distribution_observations": 3
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      "fair_value_reference": 5.169801,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "horizon": "Extended",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "stage": 2,
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      },
      {
        "date": "2026-08-07",
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        "trend": 6.289383,
        "fair_value": 5.169801,
        "relative_strength": 1.528907,
        "stage": 2,
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      }
    ],
    "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."
    }
  }
}