{ "ticker": { "uuid": "55ffe871-0455-4d66-8ce7-0a7cf690e03e", "symbol": "EQLTD", "name": "UBS Factor MSCI EMU Quality Screened UCITS ETF EUR dis", "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": 84.274, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 93.942, "architecture_energy": 83.71, "architecture_maturity": 26.901, "architecture_confidence": 68.36, "architecture_tenure": "Developing", "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": 0.35, "rotation_up": 78.77, "upward_expansion": 94.08, "deceleration": 44.94, "rotation_down": 17.92, "downward_expansion": 16.08 }, "activity_lines": [ 28.177333, 27.933181, 27.364547, 26.939527 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 28.844999, "trend_reference": 26.5545, "distance_from_trend": 0.086257, "trend_direction": "Improving", "fair_value": 25.492599, "distance_from_fair_value": 0.131505, "fair_value_direction": "Improving", "relative_strength": -5.965107, "relative_strength_direction": "Improving", "price_momentum": 0.091167, "excess_performance": -0.079725, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.086257, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.022907, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.131505, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.080062, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.059651, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.049198, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.091167, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.451696, "read": "Demand-led" } ], "volume": { "latest": 3994, "relative_activity": 3.145006, "balance": 3.451696, "dry_up": 1.527816, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.015801, "annualized_volatility": 0.134943, "from_high_reference": 0.0, "from_low_reference": 0.214015 }, "levels": { "trend_reference": 26.5545, "fair_value_reference": 25.492599, "structural_low": 23.76, "invalidation": "A 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"fair_value": 25.381683, "relative_strength": -8.545703, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.429078, "energy": 91.524474, "activity_lines": [ 27.672, 27.316, 26.72531, 26.496742 ] }, { "date": "2026-07-17", "close": 27.885, "volume": 1495, "typical_volume": 1212.05, "trend": 26.349, "fair_value": 25.409067, "relative_strength": -6.866295, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.809336, "energy": 89.314348, "activity_lines": [ 27.781667, 27.475454, 26.87581, 26.600344 ] }, { "date": "2026-07-24", "close": 27.805, "volume": 1840, "typical_volume": 1205.8, "trend": 26.413, "fair_value": 25.431082, "relative_strength": -6.667172, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.812869, "energy": 85.304225, "activity_lines": [ 27.804333, 27.594727, 27.014167, 26.69428 ] }, { "date": "2026-07-31", "close": 27.844999, "volume": 432, "typical_volume": 1117.75, "trend": 26.475667, "fair_value": 25.457208, "relative_strength": -6.792396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.814691, "energy": 70.969215, "activity_lines": [ 27.831333, 27.684091, 27.14769, 26.786667 ] }, { "date": "2026-08-07", "close": 28.844999, "volume": 3994, "typical_volume": 1269.95, "trend": 26.5545, "fair_value": 25.492599, "relative_strength": -5.965107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.941778, "energy": 83.710198, "activity_lines": [ 28.177333, 27.933181, 27.364547, 26.939527 ] } ], "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." } } }