{ "ticker": { "uuid": "39b86e49-acc2-4806-848f-f5df3765727c", "symbol": "WMTS", "name": "iShares MSCI World Materials Sector Advanced UCITS ETF USD Inc", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 59.095, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 47.756, "architecture_energy": 19.217, "architecture_maturity": 14.469, "architecture_confidence": 74.03, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 52.67, "rotation_up": 34.1, "upward_expansion": 47.12, "deceleration": 83.81, "rotation_down": 32.31, "downward_expansion": 29.12 }, "activity_lines": [ 4.802333, 4.796324, 4.803382, 4.799513 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 5.015, "trend_reference": 4.795939, "distance_from_trend": 0.045676, "trend_direction": "Improving", "fair_value": 4.131499, "distance_from_fair_value": 0.213845, "fair_value_direction": "Improving", "relative_strength": -4.752174, "relative_strength_direction": "Weakening", "price_momentum": 0.051804, "excess_performance": -0.119088, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045676, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04178, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.213845, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.021652, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.047522, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.032833, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.051804, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.327132, "read": "Supply-led" } ], "volume": { "latest": 2157, "relative_activity": 0.218301, "balance": 0.327132, "dry_up": 1.512623, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.026586, "annualized_volatility": 0.227565, "from_high_reference": -0.037613, "from_low_reference": 0.264366 }, "levels": { "trend_reference": 4.795939, "fair_value_reference": 4.131499, "structural_low": 4.454, "invalidation": "A 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"relative_strength": -8.345004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.662736, "energy": 40.851444, "activity_lines": [ 4.7073, 4.755873, 4.779709, 4.784211 ] }, { "date": "2026-08-07", "close": 5.015, "volume": 2157, "typical_volume": 9880.85, "trend": 4.795939, "fair_value": 4.131499, "relative_strength": -4.752174, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 47.756232, "energy": 19.217301, "activity_lines": [ 4.802333, 4.796324, 4.803382, 4.799513 ] } ], "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." } } }