{ "ticker": { "uuid": "5b87474d-bcc5-4ad0-8f0f-4f7879d98dee", "symbol": "GNOM", "name": "Global X Genomics & Biotechnology 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.15, "architecture_energy": 59.54, "architecture_maturity": 76.476, "architecture_confidence": 67.285, "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": 14.67, "rotation_up": 50.18, "upward_expansion": 77.08, "deceleration": 71.21, "rotation_down": 28.35, "downward_expansion": 15.08 }, "activity_lines": [ 8.6184, 8.596909, 8.122581, 7.812563 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 8.873, "trend_reference": 7.5122, "distance_from_trend": 0.181145, "trend_direction": "Improving", "fair_value": 6.725372, "distance_from_fair_value": 0.319332, "fair_value_direction": "Improving", "relative_strength": 8.690822, "relative_strength_direction": "Improving", "price_momentum": 0.276874, "excess_performance": 0.105983, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.181145, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.071804, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.319332, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.270613, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.086908, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.09882, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.276874, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.61052, "read": "Demand-led" } ], "volume": { "latest": 43357, "relative_activity": 1.724036, "balance": 1.61052, "dry_up": 1.440888, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.04684, "annualized_volatility": 0.279897, "from_high_reference": -0.048676, "from_low_reference": 0.674151 }, "levels": { "trend_reference": 7.5122, "fair_value_reference": 6.725372, "structural_low": 6.434, "invalidation": "A sustained loss 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}, { "date": "2026-07-17", "close": 8.516, "volume": 32856, "typical_volume": 21114.55, "trend": 7.3669, "fair_value": 6.704846, "relative_strength": 9.393921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.184034, "energy": 88.04207, "activity_lines": [ 8.725867, 8.363764, 7.814043, 7.584187 ] }, { "date": "2026-07-24", "close": 8.535, "volume": 31580, "typical_volume": 22042.15, "trend": 7.414567, "fair_value": 6.70941, "relative_strength": 9.354386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.265091, "energy": 82.466976, "activity_lines": [ 8.680067, 8.458818, 7.918186, 7.659548 ] }, { "date": "2026-07-31", "close": 8.375, "volume": 37152, "typical_volume": 23357.15, "trend": 7.4617, "fair_value": 6.714865, "relative_strength": 6.137823, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.381852, "energy": 58.653195, "activity_lines": [ 8.551467, 8.493564, 8.000562, 7.721512 ] }, { "date": "2026-08-07", "close": 8.873, "volume": 43357, "typical_volume": 25148.55, "trend": 7.5122, "fair_value": 6.725372, "relative_strength": 8.690822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.149569, "energy": 59.539535, "activity_lines": [ 8.6184, 8.596909, 8.122581, 7.812563 ] } ], "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." } } }