{ "ticker": { "uuid": "6124a536-0943-4569-a03a-065822fd6be4", "symbol": "SR2000", "name": "Invesco Russell 2000 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": 62.231, "architecture_energy": 56.036, "architecture_maturity": 95.086, "architecture_confidence": 77.062, "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": 20.44, "rotation_up": 44.19, "upward_expansion": 69.91, "deceleration": 88.28, "rotation_down": 27.83, "downward_expansion": 22.24 }, "activity_lines": [ 132.541332, 132.800362, 129.997381, 126.294645 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 134.339996, "trend_reference": 122.007667, "distance_from_trend": 0.101078, "trend_direction": "Improving", "fair_value": 102.189936, "distance_from_fair_value": 0.314611, "fair_value_direction": "Improving", "relative_strength": 0.06551, "relative_strength_direction": "Weakening", "price_momentum": 0.174095, "excess_performance": 0.003204, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.101078, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068724, "read": "Rising" 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8872.5, "trend": 120.660667, "fair_value": 101.627244, "relative_strength": 2.951236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.459046, "energy": 64.526092, "activity_lines": [ 133.267997, 132.62309, 128.538952, 124.870301 ] }, { "date": "2026-07-31", "close": 129.770004, "volume": 7053, "typical_volume": 7788.95, "trend": 121.372, "fair_value": 101.889167, "relative_strength": -0.337984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.969617, "energy": 53.770004, "activity_lines": [ 131.963999, 132.328909, 129.09681, 125.458 ] }, { "date": "2026-08-07", "close": 134.339996, "volume": 8718, "typical_volume": 6296.2, "trend": 122.007667, "fair_value": 102.189936, "relative_strength": 0.06551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.230635, "energy": 56.035822, "activity_lines": [ 132.541332, 132.800362, 129.997381, 126.294645 ] } ], "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." } } }