{ "ticker": { "uuid": "75107a35-7c45-424d-9e3d-55b4a6f29a23", "symbol": "XWEQ", "name": "Xtrackers MSCI World Qual ESG U", "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": 89.09, "architecture_energy": 84.046, "architecture_maturity": 62.144, "architecture_confidence": 84.799, "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": 7.3, "rotation_up": 61.97, "upward_expansion": 89.63, "deceleration": 50.3, "rotation_down": 29.5, "downward_expansion": 16.3 }, "activity_lines": [ 49.169334, 48.912364, 47.845762, 46.818473 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 49.775002, "trend_reference": 45.6945, "distance_from_trend": 0.0893, "trend_direction": "Improving", "fair_value": 41.159737, "distance_from_fair_value": 0.209313, "fair_value_direction": "Improving", "relative_strength": -2.071226, "relative_strength_direction": "Improving", "price_momentum": 0.133053, "excess_performance": -0.037839, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.0893, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04927, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.209313, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.071941, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020712, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.000305, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.133053, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.525292, "read": "Demand-led" } ], "volume": { "latest": 1747, "relative_activity": 1.310627, "balance": 6.525292, "dry_up": 0.713268, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.010741, "annualized_volatility": 0.111036, "from_high_reference": 0.0, "from_low_reference": 0.292857 }, "levels": { "trend_reference": 45.6945, "fair_value_reference": 41.159737, "structural_low": 42.02, "invalidation": "A 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"2026-08-07", "close": 49.775002, "volume": 1747, "typical_volume": 1332.95, "trend": 45.6945, "fair_value": 41.159737, "relative_strength": -2.071226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.090253, "energy": 84.045979, "activity_lines": [ 49.169334, 48.912364, 47.845762, 46.818473 ] } ], "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." } } }