{ "ticker": { "uuid": "74f39018-fae2-41c3-bf56-b2725c3f47ce", "symbol": "FAMMWF", "name": "Fineco AM MSCI World Financials Sustainable Selection P-Series UCITS ETF A EUR Acc", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.163, "architecture_energy": 93.172, "architecture_maturity": 37.904, "architecture_confidence": 73.929, "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": 0.0, "rotation_up": 85.48, "upward_expansion": 99.87, "deceleration": 39.04, "rotation_down": 9.97, "downward_expansion": 21.87 }, "activity_lines": [ 196.843336, 193.298183, 186.722095, 181.93615 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 198.830002, "trend_reference": 176.927332, "distance_from_trend": 0.123795, "trend_direction": "Improving", "fair_value": 141.291166, "distance_from_fair_value": 0.407236, "fair_value_direction": "Improving", "relative_strength": 0.372543, "relative_strength_direction": "Improving", "price_momentum": 0.151503, "excess_performance": -0.019389, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.123795, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047862, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.407236, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.114763, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.003725, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.056965, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.151503, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 11.633333, "read": "Demand-led" } ], "volume": { "latest": 563, "relative_activity": 2.02336, "balance": 11.633333, "dry_up": 2.445642, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.01905, "annualized_volatility": 0.129187, "from_high_reference": -0.009268, "from_low_reference": 0.33443 }, "levels": { "trend_reference": 176.927332, "fair_value_reference": 141.291166, "structural_low": 158.300003, 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"close": 192.419998, "volume": 223, "typical_volume": 196.5, "trend": 173.545332, "fair_value": 138.896487, "relative_strength": -0.804427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.646738, "energy": 95.089585, "activity_lines": [ 188.460666, 184.524544, 179.159379, 176.295374 ] }, { "date": "2026-07-17", "close": 194.690002, "volume": 362, "typical_volume": 202.95, "trend": 174.389332, "fair_value": 139.481166, "relative_strength": 1.775755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.093591, "energy": 95.240773, "activity_lines": [ 191.128667, 186.929818, 181.062046, 177.659547 ] }, { "date": "2026-07-24", "close": 196.020004, "volume": 472, "typical_volume": 217.65, "trend": 175.240332, "fair_value": 140.065525, "relative_strength": 2.611689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.976847, "energy": 94.402206, "activity_lines": [ 193.348002, 189.189637, 182.979285, 179.055074 ] }, { "date": "2026-07-31", "close": 197.160004, "volume": 1325, "typical_volume": 255.25, "trend": 176.092999, "fair_value": 140.671807, "relative_strength": 2.469681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.168146, "energy": 92.998391, "activity_lines": [ 195.224669, 191.259456, 184.853476, 180.469246 ] }, { "date": "2026-08-07", "close": 198.830002, "volume": 563, "typical_volume": 278.25, "trend": 176.927332, "fair_value": 141.291166, "relative_strength": 0.372543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.163201, "energy": 93.171868, "activity_lines": [ 196.843336, 193.298183, 186.722095, 181.93615 ] } ], "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." } } }