{ "ticker": { "uuid": "7430e48b-c512-4ea6-bbc6-60170a1b70e5", "symbol": "EUNO", "name": "WisdomTree Long NOK Short EUR", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 47.042, "architecture_energy": 44.781, "architecture_maturity": 17.645, "architecture_confidence": 44.712, "architecture_tenure": "New", "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": 25.42, "rotation_up": 71.62, "upward_expansion": 72.15, "deceleration": 60.48, "rotation_down": 9.24, "downward_expansion": 13.15 }, "activity_lines": [ 39.871667, 39.559182, 39.639453, 39.478409 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 39.875, "trend_reference": 39.111, "distance_from_trend": 0.019534, "trend_direction": "Improving", "fair_value": 36.431474, "distance_from_fair_value": 0.094521, "fair_value_direction": "Weakening", "relative_strength": -10.140257, "relative_strength_direction": "Weakening", "price_momentum": 0.05364, "excess_performance": -0.117252, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.019534, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026073, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.094521, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017644, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.101403, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.047105, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.05364, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.735807, "read": "Demand-led" } ], "volume": { "latest": 229, "relative_activity": 0.315753, "balance": 2.735807, "dry_up": 1.846949, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.011179, "annualized_volatility": 0.063529, "from_high_reference": -0.022672, "from_low_reference": 0.117886 }, "levels": { "trend_reference": 39.111, "fair_value_reference": 36.431474, "structural_low": 37.68, 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39.068334, 39.318728, 39.483763, 39.257861 ] }, { "date": "2026-07-24", "close": 40.095001, "volume": 3367, "typical_volume": 907.7, "trend": 38.8855, "fair_value": 36.376923, "relative_strength": -6.840748, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.81464, "energy": 22.70907, "activity_lines": [ 39.440001, 39.407274, 39.54981, 39.344828 ] }, { "date": "2026-07-31", "close": 40.084999, "volume": 1412, "typical_volume": 904.95, "trend": 39.004, "fair_value": 36.402115, "relative_strength": -7.240235, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.619495, "energy": 43.559574, "activity_lines": [ 39.741667, 39.49891, 39.607596, 39.422215 ] }, { "date": "2026-08-07", "close": 39.875, "volume": 229, "typical_volume": 725.25, "trend": 39.111, "fair_value": 36.431474, "relative_strength": -10.140257, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.042422, "energy": 44.781471, "activity_lines": [ 39.871667, 39.559182, 39.639453, 39.478409 ] } ], "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." } } }