{ "ticker": { "uuid": "3d9713a3-f4b1-412e-8b1c-e784383d8c88", "symbol": "EUDV", "name": "State Street SPDR S&P Euro Dividend Aristocrats 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 90.95, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.843, "architecture_energy": 95.917, "architecture_maturity": 38.272, "architecture_confidence": 63.338, "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": 0.17, "rotation_up": 88.8, "upward_expansion": 99.93, "deceleration": 39.02, "rotation_down": 8.42, "downward_expansion": 21.93 }, "activity_lines": [ 30.674666, 30.233363, 29.717143, 29.36387 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 31.17, "trend_reference": 28.903798, "distance_from_trend": 0.078405, "trend_direction": "Improving", "fair_value": 24.544006, "distance_from_fair_value": 0.269964, "fair_value_direction": "Improving", "relative_strength": -4.35575, "relative_strength_direction": "Improving", "price_momentum": 0.099443, "excess_performance": -0.071448, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078405, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03566, "read": "Rising" }, { "label": "Price 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29.257727, 29.000445, 28.76255 ] }, { "date": "2026-07-10", "close": 29.67, "volume": 89551, "typical_volume": 54114.55, "trend": 28.455878, "fair_value": 24.268342, "relative_strength": -7.788336, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.455481, "energy": 76.652451, "activity_lines": [ 29.576, 29.359182, 29.082972, 28.847342 ] }, { "date": "2026-07-17", "close": 30.15, "volume": 108446, "typical_volume": 53390.25, "trend": 28.559608, "fair_value": 24.333789, "relative_strength": -4.765295, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.62, "energy": 85.196297, "activity_lines": [ 29.793666, 29.535545, 29.208198, 28.956641 ] }, { "date": "2026-07-24", "close": 30.299999, "volume": 74439, "typical_volume": 53242.7, "trend": 28.666018, "fair_value": 24.398679, "relative_strength": -3.930108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.842032, "energy": 87.343744, "activity_lines": [ 30.006, 29.713, 29.344658, 29.068924 ] }, { "date": "2026-07-31", "close": 30.85, "volume": 75261, "typical_volume": 53125.45, "trend": 28.782309, "fair_value": 24.470303, "relative_strength": -2.709923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.995501, "energy": 93.963211, "activity_lines": [ 30.335666, 29.959545, 29.522726, 29.209826 ] }, { "date": "2026-08-07", "close": 31.17, "volume": 104407, "typical_volume": 54927.65, "trend": 28.903798, "fair_value": 24.544006, "relative_strength": -4.35575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.842934, "energy": 95.917121, "activity_lines": [ 30.674666, 30.233363, 29.717143, 29.36387 ] } ], "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." } } }