{ "ticker": { "uuid": "6ea2bb59-fed6-4bdb-9f19-1060cb7d63bf", "symbol": "AIAI", "name": "L&G Artificial Intelligence 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 61.749, "architecture_energy": 41.626, "architecture_maturity": 75.265, "architecture_confidence": 91.841, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 21.44, "rotation_up": 39.65, "upward_expansion": 64.51, "deceleration": 85.49, "rotation_down": 27.83, "downward_expansion": 23.51 }, "activity_lines": [ 33.141, 33.340636, 32.301452, 30.442333 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 34.639999, "trend_reference": 28.201167, "distance_from_trend": 0.228318, "trend_direction": "Improving", "fair_value": 20.873853, "distance_from_fair_value": 0.659492, "fair_value_direction": "Improving", "relative_strength": 13.321844, "relative_strength_direction": "Improving", "price_momentum": 0.501843, "excess_performance": 0.330951, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.228318, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.120784, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.659492, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.137967, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.133218, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.019543, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.501843, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.373876, "read": "Demand-led" } ], "volume": { "latest": 388047, "relative_activity": 1.702983, "balance": 3.373876, "dry_up": 1.065178, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.053629, "annualized_volatility": 0.306646, "from_high_reference": -0.016049, "from_low_reference": 0.67343 }, "levels": { "trend_reference": 28.201167, "fair_value_reference": 20.873853, "structural_low": 21.764999, "invalidation": "A 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27.084333, "fair_value": 20.405853, "relative_strength": 17.438554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.678489, "energy": 68.436728, "activity_lines": [ 34.200666, 33.607363, 30.924786, 29.080204 ] }, { "date": "2026-07-17", "close": 32.029999, "volume": 231328, "typical_volume": 216530.15, "trend": 27.3465, "fair_value": 20.516737, "relative_strength": 9.736715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.106692, "energy": 61.187666, "activity_lines": [ 33.551666, 33.464818, 31.261238, 29.39928 ] }, { "date": "2026-07-24", "close": 32.23, "volume": 142663, "typical_volume": 213198.15, "trend": 27.610667, "fair_value": 20.628237, "relative_strength": 10.200854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.629523, "energy": 51.520609, "activity_lines": [ 33.041333, 33.310454, 31.575928, 29.714344 ] }, { "date": "2026-07-31", "close": 32.130001, "volume": 208821, "typical_volume": 216364.6, "trend": 27.8755, "fair_value": 20.741186, "relative_strength": 8.72187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.376552, "energy": 37.916087, "activity_lines": [ 32.639333, 33.096545, 31.840024, 30.005914 ] }, { "date": "2026-08-07", "close": 34.639999, "volume": 388047, "typical_volume": 227863.15, "trend": 28.201167, "fair_value": 20.873853, "relative_strength": 13.321844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.749307, "energy": 41.626086, "activity_lines": [ 33.141, 33.340636, 32.301452, 30.442333 ] } ], "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." } } }