{ "ticker": { "uuid": "77267ca2-9770-4ccc-b345-9a0c85ba5db8", "symbol": "ESGU", "name": "Invesco MSCI USA Universal Screened UCITS ETF", "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": 83.123, "architecture_energy": 65.934, "architecture_maturity": 91.054, "architecture_confidence": 65.99, "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": 22.49, "rotation_up": 51.72, "upward_expansion": 83.0, "deceleration": 71.49, "rotation_down": 29.7, "downward_expansion": 12.0 }, "activity_lines": [ 100.014666, 99.805272, 98.188285, 95.673117 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 102.050003, "trend_reference": 92.715666, "distance_from_trend": 0.100677, "trend_direction": "Improving", "fair_value": 79.551795, "distance_from_fair_value": 0.282812, "fair_value_direction": "Improving", "relative_strength": -2.441974, "relative_strength_direction": "Weakening", "price_momentum": 0.172989, "excess_performance": 0.002097, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.100677, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044852, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.282812, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.043287, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.02442, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.00099, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.172989, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.737883, "read": "Demand-led" } ], "volume": { "latest": 21115, "relative_activity": 1.870604, "balance": 2.737883, "dry_up": 1.324948, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.01852, "annualized_volatility": 0.119378, "from_high_reference": -0.004487, "from_low_reference": 0.248776 }, "levels": { "trend_reference": 92.715666, "fair_value_reference": 79.551795, "structural_low": 82.760002, 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"upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.400309, "energy": 78.711788, "activity_lines": [ 100.001332, 99.171453, 95.940332, 93.624752 ] }, { "date": "2026-07-17", "close": 99.089996, "volume": 9731, "typical_volume": 10145.5, "trend": 91.550333, "fair_value": 78.798397, "relative_strength": -2.200481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.414677, "energy": 66.392594, "activity_lines": [ 99.835331, 99.319089, 96.532808, 94.136451 ] }, { "date": "2026-07-24", "close": 99.290001, "volume": 19642, "typical_volume": 10890.65, "trend": 91.937666, "fair_value": 79.04141, "relative_strength": -1.767667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.931716, "energy": 65.298286, "activity_lines": [ 99.659999, 99.419817, 97.084856, 94.635784 ] }, { "date": "2026-07-31", "close": 98.269997, "volume": 9335, "typical_volume": 10377.7, "trend": 92.303666, "fair_value": 79.28282, "relative_strength": -3.334449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.175357, "energy": 56.272416, "activity_lines": [ 99.181331, 99.276362, 97.484951, 95.044322 ] }, { "date": "2026-08-07", "close": 102.050003, "volume": 21115, "typical_volume": 11287.8, "trend": 92.715666, "fair_value": 79.551795, "relative_strength": -2.441974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.122532, "energy": 65.933825, "activity_lines": [ 100.014666, 99.805272, 98.188285, 95.673117 ] } ], "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." } } }