{ "ticker": { "uuid": "3ad67110-c4d0-4eda-87b1-a25a69f1f49f", "symbol": "ACWE", "name": "State Street SPDR MSCI All Country World UCITS ETF", "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": 92.534, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.246, "architecture_energy": 60.268, "architecture_maturity": 89.905, "architecture_confidence": 62.897, "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": 24.22, "rotation_up": 49.93, "upward_expansion": 81.32, "deceleration": 71.43, "rotation_down": 29.31, "downward_expansion": 10.32 }, "activity_lines": [ 281.344, 280.747998, 276.87676, 271.08415 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 286.540009, "trend_reference": 264.217333, "distance_from_trend": 0.084486, "trend_direction": "Improving", "fair_value": 220.737051, "distance_from_fair_value": 0.298106, "fair_value_direction": "Improving", "relative_strength": -3.155542, "relative_strength_direction": "Weakening", "price_momentum": 0.140231, "excess_performance": -0.030661, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084486, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045525, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.298106, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.028568, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.031555, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.016694, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.140231, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.764582, "read": "Demand-led" } ], "volume": { "latest": 30966, "relative_activity": 1.254809, "balance": 2.764582, "dry_up": 1.048653, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.018923, "annualized_volatility": 0.112706, "from_high_reference": -0.003374, "from_low_reference": 0.255928 }, "levels": { "trend_reference": 264.217333, "fair_value_reference": 220.737051, "structural_low": 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65.503621, "energy": 64.37584, "activity_lines": [ 280.510661, 279.314177, 272.866951, 267.388279 ] }, { "date": "2026-07-24", "close": 279.609985, "volume": 21553, "typical_volume": 23695.95, "trend": 262.103999, "fair_value": 219.323333, "relative_strength": -2.153243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.415959, "energy": 62.375234, "activity_lines": [ 280.161991, 279.627266, 274.186997, 268.58931 ] }, { "date": "2026-07-31", "close": 277.350006, "volume": 30974, "typical_volume": 24110.1, "trend": 263.115999, "fair_value": 219.995833, "relative_strength": -3.534879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.927708, "energy": 49.143326, "activity_lines": [ 279.189329, 279.373632, 275.160807, 269.572923 ] }, { "date": "2026-08-07", "close": 286.540009, "volume": 30966, "typical_volume": 24677.85, "trend": 264.217333, "fair_value": 220.737051, "relative_strength": -3.155542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.246311, "energy": 60.267893, "activity_lines": [ 281.344, 280.747998, 276.87676, 271.08415 ] } ], "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." } } }