{ "ticker": { "uuid": "5817c39b-3615-4e8c-bd3c-23c3d0c3ade5", "symbol": "FAMMAI", "name": "FINECO AM MSCI ACWI IMI Cyber Security UCITS ETF A EUR 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.617, "architecture_energy": 59.711, "architecture_maturity": 77.401, "architecture_confidence": 79.693, "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": 9.61, "rotation_up": 54.15, "upward_expansion": 83.08, "deceleration": 68.2, "rotation_down": 28.11, "downward_expansion": 9.74 }, "activity_lines": [ 177.882002, 176.426547, 169.716287, 161.539485 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 185.339996, "trend_reference": 152.258334, "distance_from_trend": 0.217273, "trend_direction": "Improving", "fair_value": 132.750884, "distance_from_fair_value": 0.396149, "fair_value_direction": "Improving", "relative_strength": 6.39171, "relative_strength_direction": "Improving", "price_momentum": 0.413083, "excess_performance": 0.242191, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.217273, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.074115, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.396149, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.205814, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.063917, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.138409, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.413083, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.026012, "read": "Demand-led" } ], "volume": { "latest": 3482, "relative_activity": 1.859496, "balance": 2.026012, "dry_up": 0.895837, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.04936, "annualized_volatility": 0.300944, "from_high_reference": -0.027954, "from_low_reference": 0.48581 }, "levels": { "trend_reference": 152.258334, "fair_value_reference": 132.750884, "structural_low": 124.739998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.009683, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": -0.02441, "regime_survival": 0.846154, "best_return": 0.108542, "worst_return": -0.100105, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.012476, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.061693, "regime_survival": 0.5, "best_return": 0.146308, "worst_return": -0.144126, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.023456, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.089568, "regime_survival": 0.0, "best_return": -0.018904, "worst_return": -0.028007, "sufficient": false }, { "horizon": "Full cycle", 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2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.558758, "energy": 72.66344, "activity_lines": [ 170.494001, 167.206001, 155.376477, 150.036022 ] }, { "date": "2026-07-03", "close": 179.949997, "volume": 321, "typical_volume": 1811.25, "trend": 146.368, "fair_value": 130.178577, "relative_strength": 4.543493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.338959, "energy": 68.809872, "activity_lines": [ 173.345333, 170.624364, 158.492715, 152.276388 ] }, { "date": "2026-07-10", "close": 178.949997, "volume": 3185, "typical_volume": 1913.0, "trend": 147.538334, "fair_value": 130.707102, "relative_strength": 4.453073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.945385, "energy": 66.833871, "activity_lines": [ 175.397332, 173.063636, 161.298858, 154.378452 ] }, { "date": "2026-07-17", "close": 177.820007, "volume": 973, "typical_volume": 1753.3, "trend": 148.763001, "fair_value": 131.219282, "relative_strength": 5.387221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.169547, "energy": 64.831517, "activity_lines": [ 176.803334, 174.546183, 163.78562, 156.332108 ] }, { "date": "2026-07-24", "close": 172.660004, "volume": 755, "typical_volume": 1710.4, "trend": 149.833334, "fair_value": 131.68909, "relative_strength": 2.645793, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.364467, "energy": 61.875506, "activity_lines": [ 175.998002, 174.591092, 165.541525, 157.87385 ] }, { "date": "2026-07-31", "close": 172.240005, "volume": 1500, "typical_volume": 1720.95, "trend": 150.929334, "fair_value": 132.174346, "relative_strength": 1.839279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.721339, "energy": 53.13153, "activity_lines": [ 174.87667, 174.339275, 167.086668, 159.319442 ] }, { "date": "2026-08-07", "close": 185.339996, "volume": 3482, "typical_volume": 1872.55, "trend": 152.258334, "fair_value": 132.750884, "relative_strength": 6.39171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.616715, "energy": 59.711021, "activity_lines": [ 177.882002, 176.426547, 169.716287, 161.539485 ] } ], "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." } } }