{
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    "uuid": "852f849c-7da3-4cfd-a375-14a99044efeb",
    "symbol": "JGSE",
    "name": "JPM Global Research Enhanced Index Equity SRI Paris Aligned Active UCITS ETF - EUR Hedged (acc)",
    "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": 72.661,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 90.144,
    "architecture_energy": 70.005,
    "architecture_maturity": 64.629,
    "architecture_confidence": 60.948,
    "architecture_tenure": "Established",
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      "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."
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      "scores": {
        "balance": 32.01,
        "rotation_up": 58.05,
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        "deceleration": 70.57,
        "rotation_down": 27.11,
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      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
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        "label": "Price vs current Fair Value",
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        "label": "Fair Value direction",
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        "read": "Closing upward"
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        "label": "Relative Strength vs benchmark",
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        "read": "Lagging"
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        "label": "Relative strength direction",
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        "label": "Price momentum",
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        "label": "Volume balance",
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      "accumulation_observations": 0,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "date": "2026-03-20",
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      },
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        "date": "2026-05-22",
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      {
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      {
        "date": "2026-06-05",
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      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": -6.189764,
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      },
      {
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        "fair_value": 28.718854,
        "relative_strength": -6.979575,
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      },
      {
        "date": "2026-07-17",
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        "volume": 618,
        "typical_volume": 4564.2,
        "trend": 33.842334,
        "fair_value": 28.76831,
        "relative_strength": -3.962107,
        "stage": 2,
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        "modifier": "Established expansion",
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        "direction": 77.228238,
        "energy": 66.049534,
        "activity_lines": [
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          34.388226
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      },
      {
        "date": "2026-07-24",
        "close": 35.174999,
        "volume": 778,
        "typical_volume": 4603.1,
        "trend": 33.924167,
        "fair_value": 28.812192,
        "relative_strength": -5.630353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.509673,
        "energy": 60.317818,
        "activity_lines": [
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          34.978167,
          34.474205
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      },
      {
        "date": "2026-07-31",
        "close": 35.174999,
        "volume": 0,
        "typical_volume": 4603.1,
        "trend": 34.006,
        "fair_value": 28.855476,
        "relative_strength": -6.154761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.888312,
        "energy": 47.074671,
        "activity_lines": [
          35.372999,
          35.413273,
          35.064715,
          34.554903
        ]
      },
      {
        "date": "2026-08-07",
        "close": 36.779999,
        "volume": 618,
        "typical_volume": 4386.6,
        "trend": 34.141333,
        "fair_value": 28.90902,
        "relative_strength": -4.646277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.144475,
        "energy": 70.004908,
        "activity_lines": [
          35.812666,
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      }
    ],
    "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."
    }
  }
}