{ "ticker": { "uuid": "70466fbb-c6f2-4246-818b-ee82b5a829f0", "symbol": "XZW0", "name": "Xtrackers MSCI World ESG UCITS ETF 1C", "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": 88.787, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 88.862, "architecture_energy": 67.243, "architecture_maturity": 61.655, "architecture_confidence": 73.987, "architecture_tenure": "Developing", "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": 10.3, "rotation_up": 58.18, "upward_expansion": 84.54, "deceleration": 66.79, "rotation_down": 27.78, "downward_expansion": 11.21 }, "activity_lines": [ 48.436333, 48.159273, 47.48831, 46.510086 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 49.895, "trend_reference": 45.469333, "distance_from_trend": 0.097333, "trend_direction": "Improving", "fair_value": 39.487628, "distance_from_fair_value": 0.26356, "fair_value_direction": "Improving", "relative_strength": -3.650786, "relative_strength_direction": "Improving", "price_momentum": 0.142546, "excess_performance": -0.028345, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097333, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031164, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.26356, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.043908, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.036508, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.004428, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.142546, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.052203, "read": "Demand-led" } ], "volume": { "latest": 22425, "relative_activity": 0.271657, "balance": 4.052203, "dry_up": 0.726398, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.018786, "annualized_volatility": 0.132711, "from_high_reference": -0.001001, "from_low_reference": 0.22985 }, "levels": { "trend_reference": 45.469333, "fair_value_reference": 39.487628, "structural_low": 40.57, 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47.526364, 46.210595, 45.492194 ] }, { "date": "2026-07-10", "close": 48.355, "volume": 75172, "typical_volume": 82351.75, "trend": 44.957, "fair_value": 39.036955, "relative_strength": -5.30332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.258097, "energy": 79.081661, "activity_lines": [ 48.018334, 47.742455, 46.519667, 45.721817 ] }, { "date": "2026-07-17", "close": 47.650002, "volume": 96533, "typical_volume": 85122.65, "trend": 45.080167, "fair_value": 39.146314, "relative_strength": -5.198628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.784632, "energy": 72.617962, "activity_lines": [ 47.957334, 47.773, 46.740167, 45.895559 ] }, { "date": "2026-07-24", "close": 47.424999, "volume": 77744, "typical_volume": 87482.0, "trend": 45.186167, "fair_value": 39.251122, "relative_strength": -5.331679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.310434, "energy": 58.680136, "activity_lines": [ 47.790334, 47.739455, 46.919953, 46.046839 ] }, { "date": "2026-07-31", "close": 47.785, "volume": 43152, "typical_volume": 85218.4, "trend": 45.3135, "fair_value": 39.361923, "relative_strength": -5.105143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.450437, "energy": 51.997041, "activity_lines": [ 47.771667, 47.761091, 47.11531, 46.214505 ] }, { "date": "2026-08-07", "close": 49.895, "volume": 22425, "typical_volume": 82549.1, "trend": 45.469333, "fair_value": 39.487628, "relative_strength": -3.650786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.861843, "energy": 67.243174, "activity_lines": [ 48.436333, 48.159273, 47.48831, 46.510086 ] } ], "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." } } }