{ "ticker": { "uuid": "454cb97b-00ff-47c4-ae77-22700eede883", "symbol": "LVLC", "name": "Invesco Markets II plc - Invesco Global Active Defensive ESG Equity UCITS ETF Acc", "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": 87.335, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 96.756, "architecture_energy": 78.319, "architecture_maturity": 40.608, "architecture_confidence": 52.642, "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": 3.63, "rotation_up": 86.21, "upward_expansion": 90.0, "deceleration": 56.31, "rotation_down": 12.57, "downward_expansion": 12.0 }, "activity_lines": [ 7.4626, 7.385509, 7.247657, 7.138297 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 7.614, "trend_reference": 7.018233, "distance_from_trend": 0.084888, "trend_direction": "Improving", "fair_value": 6.232801, "distance_from_fair_value": 0.221602, "fair_value_direction": "Improving", "relative_strength": -5.141684, "relative_strength_direction": "Improving", "price_momentum": 0.115604, "excess_performance": -0.055287, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084888, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.028503, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.221602, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.064768, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.051417, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0309, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.115604, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 9.162578, "read": "Demand-led" } ], "volume": { "latest": 13839, "relative_activity": 2.505409, "balance": 9.162578, "dry_up": 3.556254, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.011204, "annualized_volatility": 0.096758, "from_high_reference": -0.001835, "from_low_reference": 0.16815 }, "levels": { "trend_reference": 7.018233, "fair_value_reference": 6.232801, "structural_low": 6.518, "invalidation": "A sustained 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"up", "direction": 85.374046, "energy": 94.644892, "activity_lines": [ 7.323467, 7.263436, 7.12441, 7.043288 ] }, { "date": "2026-07-24", "close": 7.371, "volume": 35170, "typical_volume": 3611.0, "trend": 6.973667, "fair_value": 6.199615, "relative_strength": -5.195863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.49896, "energy": 85.208739, "activity_lines": [ 7.3496, 7.294673, 7.158924, 7.07012 ] }, { "date": "2026-07-31", "close": 7.411, "volume": 26886, "typical_volume": 4927.05, "trend": 6.9946, "fair_value": 6.215558, "relative_strength": -5.121737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.356978, "energy": 72.586331, "activity_lines": [ 7.377267, 7.325727, 7.194995, 7.098335 ] }, { "date": "2026-08-07", "close": 7.614, "volume": 13839, "typical_volume": 5523.65, "trend": 7.018233, "fair_value": 6.232801, "relative_strength": -5.141684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.75584, "energy": 78.318833, "activity_lines": [ 7.4626, 7.385509, 7.247657, 7.138297 ] } ], "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." } } }