{ "ticker": { "uuid": "7a0b5b8e-073a-4afd-857a-c1b65ecfc857", "symbol": "XRS2", "name": "Xtrackers Russell 2000 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 61.396, "architecture_energy": 54.33, "architecture_maturity": 94.998, "architecture_confidence": 76.452, "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": 20.96, "rotation_up": 43.53, "upward_expansion": 69.43, "deceleration": 88.28, "rotation_down": 27.8, "downward_expansion": 21.76 }, "activity_lines": [ 383.325995, 384.10545, 376.11295, 365.484106 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 388.51001, "trend_reference": 353.197333, "distance_from_trend": 0.09998, "trend_direction": "Improving", "fair_value": 296.572051, "distance_from_fair_value": 0.310002, "fair_value_direction": "Improving", "relative_strength": -0.103474, "relative_strength_direction": "Weakening", "price_momentum": 0.172011, "excess_performance": 0.00112, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09998, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068065, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.310002, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054612, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.001035, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.023862, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.172011, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.157632, "read": "Demand-led" } ], "volume": { "latest": 3565, "relative_activity": 1.185902, "balance": 1.157632, "dry_up": 1.062156, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.023219, "annualized_volatility": 0.1304, "from_high_reference": -0.009232, "from_low_reference": 0.380633 }, "levels": { "trend_reference": 353.197333, "fair_value_reference": 296.572051, "structural_low": 308.420013, 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385.451992, 383.62054, 371.943379, 361.411741 ] }, { "date": "2026-07-31", "close": 375.329987, "volume": 2279, "typical_volume": 3150.3, "trend": 351.377333, "fair_value": 295.704999, "relative_strength": -0.502499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.553047, "energy": 52.942653, "activity_lines": [ 381.66199, 382.75672, 373.533283, 363.08845 ] }, { "date": "2026-08-07", "close": 388.51001, "volume": 3565, "typical_volume": 3006.15, "trend": 353.197333, "fair_value": 296.572051, "relative_strength": -0.103474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.395908, "energy": 54.329792, "activity_lines": [ 383.325995, 384.10545, 376.11295, 365.484106 ] } ], "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." } } }