{ "ticker": { "uuid": "6f8ec6f0-5947-4511-8e93-087fdecdf850", "symbol": "BAMI", "name": "Banco BPM S.p.A.", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "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": "^ATX", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 91.979, "architecture_energy": 75.267, "architecture_maturity": 47.991, "architecture_confidence": 80.481, "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": 6.97, "rotation_up": 73.6, "upward_expansion": 87.67, "deceleration": 54.25, "rotation_down": 20.27, "downward_expansion": 12.0 }, "activity_lines": [ 16.138333, 15.748454, 14.795947, 14.031734 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 17.084999, "trend_reference": 13.186268, "distance_from_trend": 0.295666, "trend_direction": "Improving", "fair_value": 8.033415, "distance_from_fair_value": 1.126742, "fair_value_direction": "Improving", "relative_strength": 11.822867, "relative_strength_direction": "Improving", "price_momentum": 0.400799, "excess_performance": 0.226552, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.295666, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.091323, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.126742, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.303332, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.118229, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.142004, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.400799, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.776102, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 1.776102, "dry_up": 0.0, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.040904, "annualized_volatility": 0.356268, "from_high_reference": -0.018949, "from_low_reference": 0.606966 }, "levels": { "trend_reference": 13.186268, "fair_value_reference": 8.033415, "structural_low": 10.631836, "invalidation": "A sustained 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12.294159 ] }, { "date": "2026-06-12", "close": 14.465, "volume": 0, "typical_volume": 370.75, "trend": 12.218645, "fair_value": 7.39386, "relative_strength": 2.588401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.768212, "energy": 85.997106, "activity_lines": [ 13.703667, 13.307247, 12.664453, 12.444355 ] }, { "date": "2026-06-19", "close": 15.685, "volume": 0, "typical_volume": 370.75, "trend": 12.357325, "fair_value": 7.474928, "relative_strength": 6.39496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.254546, "energy": 95.128277, "activity_lines": [ 14.419667, 13.792727, 12.98791, 12.667991 ] }, { "date": "2026-06-26", "close": 15.065, "volume": 862, "typical_volume": 413.85, "trend": 12.461897, "fair_value": 7.551145, "relative_strength": 3.875721, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.300054, "energy": 90.306014, "activity_lines": [ 14.757667, 14.103364, 13.235159, 12.842679 ] }, { "date": "2026-07-03", "close": 15.36, "volume": 0, "typical_volume": 413.85, "trend": 12.586703, "fair_value": 7.629679, "relative_strength": 3.126201, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.273905, "energy": 91.239762, "activity_lines": [ 15.082667, 14.429273, 13.496845, 13.029654 ] }, { "date": "2026-07-10", "close": 15.64, "volume": 669, "typical_volume": 447.3, "trend": 12.705323, "fair_value": 7.708436, "relative_strength": 6.011507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.231153, "energy": 91.308231, "activity_lines": [ 15.378, 14.746455, 13.765974, 13.226641 ] }, { "date": "2026-07-17", "close": 15.34, "volume": 0, "typical_volume": 447.3, "trend": 12.804183, "fair_value": 7.785361, "relative_strength": 5.688069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.928136, "energy": 86.130113, "activity_lines": [ 15.410333, 14.948364, 13.991025, 13.39662 ] }, { "date": "2026-07-24", "close": 15.69, "volume": 0, "typical_volume": 369.7, "trend": 12.918069, "fair_value": 7.86438, "relative_strength": 6.262551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.162022, "energy": 86.453773, "activity_lines": [ 15.501, 15.168818, 14.234213, 13.582801 ] }, { "date": "2026-07-31", "close": 15.815, "volume": 0, "typical_volume": 369.7, "trend": 13.023482, "fair_value": 7.944796, "relative_strength": 6.919433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.568053, "energy": 75.198965, "activity_lines": [ 15.633, 15.365182, 14.466362, 13.7697 ] }, { "date": "2026-08-07", "close": 17.084999, "volume": 0, "typical_volume": 369.7, "trend": 13.186268, "fair_value": 8.033415, "relative_strength": 11.822867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.979361, "energy": 75.266722, "activity_lines": [ 16.138333, 15.748454, 14.795947, 14.031734 ] } ], "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." } } }