{ "ticker": { "uuid": "7a8555b4-fd7a-4387-88c4-0fbbdc9b5705", "symbol": "BO", "name": "Borgosesia S.p.A.", "exchange": "MIL", "country": "IT", "assetType": "equity" }, "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": 68.468, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 38.271, "architecture_energy": 26.18, "architecture_maturity": 60.244, "architecture_confidence": 74.582, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 37.44, "rotation_up": 27.54, "upward_expansion": 56.46, "deceleration": 91.17, "rotation_down": 27.71, "downward_expansion": 20.13 }, "activity_lines": [ 0.712, 0.714291, 0.7118, 0.70446 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 0.71, "trend_reference": 0.682333, "distance_from_trend": 0.040547, "trend_direction": "Improving", "fair_value": 0.609908, "distance_from_fair_value": 0.164111, "fair_value_direction": "Improving", "relative_strength": -3.900375, "relative_strength_direction": "Weakening", "price_momentum": 0.276978, "excess_performance": 0.106087, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.040547, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0793, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.164111, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.001621, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.039004, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.070021, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.276978, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.208512, "read": "Supply-led" } ], "volume": { "latest": 679527, "relative_activity": 1.915187, "balance": 0.208512, "dry_up": 2.654505, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.014735, "annualized_volatility": 0.286337, "from_high_reference": -0.035326, "from_low_reference": 0.319703 }, "levels": { "trend_reference": 0.682333, "fair_value_reference": 0.609908, "structural_low": 0.544, "invalidation": "A sustained loss of 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"2026-07-17", "close": 0.718, "volume": 1152403, "typical_volume": 312549.65, "trend": 0.667867, "fair_value": 0.608765, "relative_strength": 0.177522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.492456, "energy": 64.883978, "activity_lines": [ 0.7184, 0.716218, 0.710848, 0.697105 ] }, { "date": "2026-07-24", "close": 0.712, "volume": 1649994, "typical_volume": 356078.75, "trend": 0.672533, "fair_value": 0.609123, "relative_strength": -0.375998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.515594, "energy": 53.546303, "activity_lines": [ 0.716267, 0.715927, 0.711362, 0.699953 ] }, { "date": "2026-07-31", "close": 0.71, "volume": 285452, "typical_volume": 331392.65, "trend": 0.6776, "fair_value": 0.609551, "relative_strength": -1.195278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.961289, "energy": 37.082312, "activity_lines": [ 0.713733, 0.715127, 0.71161, 0.70237 ] }, { "date": "2026-08-07", "close": 0.71, "volume": 679527, "typical_volume": 354809.7, "trend": 0.682333, "fair_value": 0.609908, "relative_strength": -3.900375, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.27068, "energy": 26.179701, "activity_lines": [ 0.712, 0.714291, 0.7118, 0.70446 ] } ], "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." } } }