{ "ticker": { "uuid": "64159420-9676-4cf6-8731-e33b4c32e5e6", "symbol": "DJE", "name": "Amundi Dow Jones Industrial Average UCITS ETF Dist", "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": 92.22, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.995, "architecture_energy": 67.547, "architecture_maturity": 78.578, "architecture_confidence": 60.243, "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": 12.6, "rotation_up": 54.88, "upward_expansion": 83.0, "deceleration": 71.46, "rotation_down": 27.96, "downward_expansion": 12.0 }, "activity_lines": [ 466.326668, 464.422546, 454.107096, 444.588324 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 473.450012, "trend_reference": 434.491334, "distance_from_trend": 0.089665, "trend_direction": "Improving", "fair_value": 383.625367, "distance_from_fair_value": 0.234147, "fair_value_direction": "Improving", "relative_strength": -3.591974, "relative_strength_direction": "Improving", "price_momentum": 0.114551, "excess_performance": -0.056341, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089665, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038134, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.234147, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.085556, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.03592, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.031071, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.114551, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.872128, "read": "Supply-led" } ], "volume": { "latest": 3093, "relative_activity": 1.532098, "balance": 0.872128, "dry_up": 1.672652, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.019671, "annualized_volatility": 0.097199, "from_high_reference": -0.01457, "from_low_reference": 0.24561 }, "levels": { "trend_reference": 434.491334, "fair_value_reference": 383.625367, "structural_low": 396.980011, 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452.557274, 439.177002, 433.00484 ] }, { "date": "2026-07-10", "close": 466.549988, "volume": 1821, "typical_volume": 2096.65, "trend": 428.177666, "fair_value": 379.713755, "relative_strength": -3.388645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.828821, "energy": 91.963318, "activity_lines": [ 463.501996, 456.378363, 442.673858, 435.588323 ] }, { "date": "2026-07-17", "close": 464.700012, "volume": 3848, "typical_volume": 2110.1, "trend": 429.824334, "fair_value": 380.705011, "relative_strength": -2.309944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.370764, "energy": 88.032587, "activity_lines": [ 464.953335, 459.139637, 445.786382, 437.944603 ] }, { "date": "2026-07-24", "close": 463.5, "volume": 1235, "typical_volume": 1888.25, "trend": 431.452667, "fair_value": 381.65983, "relative_strength": -2.320687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.772671, "energy": 80.728013, "activity_lines": [ 464.963334, 460.984546, 448.564335, 440.117227 ] }, { "date": "2026-07-31", "close": 460.299988, "volume": 5331, "typical_volume": 2021.4, "trend": 432.995334, "fair_value": 382.602349, "relative_strength": -3.555793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.98963, "energy": 63.525157, "activity_lines": [ 463.379997, 461.672907, 450.823381, 441.978344 ] }, { "date": "2026-08-07", "close": 473.450012, "volume": 3093, "typical_volume": 2018.8, "trend": 434.491334, "fair_value": 383.625367, "relative_strength": -3.591974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.9953, "energy": 67.546822, "activity_lines": [ 466.326668, 464.422546, 454.107096, 444.588324 ] } ], "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." } } }