{ "ticker": { "uuid": "7e1ee896-f2d7-4818-99c4-409d6d355ec5", "symbol": "VNRA", "name": "Vanguard FTSE North America UCITS ETF USD Accumulation", "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": 94.817, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.841, "architecture_energy": 68.433, "architecture_maturity": 88.337, "architecture_confidence": 65.522, "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": 15.71, "rotation_up": 54.32, "upward_expansion": 83.0, "deceleration": 71.42, "rotation_down": 29.03, "downward_expansion": 12.0 }, "activity_lines": [ 165.799998, 165.104726, 162.651857, 158.972064 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 169.199997, "trend_reference": 154.628333, "distance_from_trend": 0.094237, "trend_direction": "Improving", "fair_value": 131.225577, "distance_from_fair_value": 0.289383, "fair_value_direction": "Improving", "relative_strength": -3.141679, "relative_strength_direction": "Weakening", "price_momentum": 0.158825, "excess_performance": -0.012067, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094237, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040652, "read": "Rising" 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162.720001, "volume": 14573, "typical_volume": 11792.95, "trend": 153.986666, "fair_value": 130.773846, "relative_strength": -4.169406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.438672, "energy": 60.531322, "activity_lines": [ 164.308665, 164.128363, 161.528571, 157.990559 ] }, { "date": "2026-08-07", "close": 169.199997, "volume": 9994, "typical_volume": 11567.95, "trend": 154.628333, "fair_value": 131.225577, "relative_strength": -3.141679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.840943, "energy": 68.432933, "activity_lines": [ 165.799998, 165.104726, 162.651857, 158.972064 ] } ], "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." } } }