{ "ticker": { "uuid": "62c55381-e60e-48e6-a914-e2b25ad6a065", "symbol": "ENWD", "name": "iShares MSCI World CTB Enhanced ESG UCITS ETF USD 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": 94.649, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.153, "architecture_energy": 69.022, "architecture_maturity": 80.791, "architecture_confidence": 65.739, "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": 14.15, "rotation_up": 55.42, "upward_expansion": 83.0, "deceleration": 71.19, "rotation_down": 28.39, "downward_expansion": 12.0 }, "activity_lines": [ 10.6352, 10.583491, 10.423086, 10.207518 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 10.85, "trend_reference": 9.958967, "distance_from_trend": 0.08947, "trend_direction": "Improving", "fair_value": 8.528763, "distance_from_fair_value": 0.272166, "fair_value_direction": "Improving", "relative_strength": -3.462456, "relative_strength_direction": "Improving", "price_momentum": 0.141865, "excess_performance": -0.029027, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.08947, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039699, "read": "Rising" }, { "label": "Price 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"2026-07-10", "close": 10.642, "volume": 213526, "typical_volume": 228639.7, "trend": 9.811067, "fair_value": 8.430205, "relative_strength": -3.765192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.085929, "energy": 83.315164, "activity_lines": [ 10.547733, 10.474218, 10.203557, 10.017335 ] }, { "date": "2026-07-17", "close": 10.528, "volume": 217872, "typical_volume": 225563.75, "trend": 9.8483, "fair_value": 8.454372, "relative_strength": -3.34255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.836172, "energy": 72.523875, "activity_lines": [ 10.555467, 10.497782, 10.258305, 10.063589 ] }, { "date": "2026-07-24", "close": 10.556, "volume": 103130, "typical_volume": 226848.0, "trend": 9.885033, "fair_value": 8.478051, "relative_strength": -2.835497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.581673, "energy": 66.097881, "activity_lines": [ 10.561333, 10.518145, 10.311243, 10.109247 ] }, { "date": "2026-07-31", "close": 10.478, "volume": 93721, "typical_volume": 215846.05, "trend": 9.919767, "fair_value": 8.502071, "relative_strength": -4.099451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.402485, "energy": 60.519109, "activity_lines": [ 10.538133, 10.518073, 10.351976, 10.147503 ] }, { "date": "2026-08-07", "close": 10.85, "volume": 188427, "typical_volume": 215948.4, "trend": 9.958967, "fair_value": 8.528763, "relative_strength": -3.462456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.153331, "energy": 69.021958, "activity_lines": [ 10.6352, 10.583491, 10.423086, 10.207518 ] } ], "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." } } }