{ "ticker": { "uuid": "8a94abed-074a-4872-8aef-c8224b1ae593", "symbol": "ILP", "name": "ILPRA 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 76.51, "architecture_energy": 57.885, "architecture_maturity": 74.93, "architecture_confidence": 82.655, "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": 26.11, "rotation_up": 54.66, "upward_expansion": 82.39, "deceleration": 67.29, "rotation_down": 27.18, "downward_expansion": 9.06 }, "activity_lines": [ 7.513333, 7.456364, 7.152154, 6.771775 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 7.8, "trend_reference": 6.312364, "distance_from_trend": 0.23567, "trend_direction": "Improving", "fair_value": 5.124995, "distance_from_fair_value": 0.521953, "fair_value_direction": "Improving", "relative_strength": 12.563795, "relative_strength_direction": "Improving", "price_momentum": 0.431193, "excess_performance": 0.260301, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.23567, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.104807, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.521953, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.255688, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.125638, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.107749, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.431193, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.161538, "read": "Demand-led" } ], "volume": { "latest": 52200, "relative_activity": 2.230769, "balance": 2.161538, "dry_up": 0.923077, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.057262, "annualized_volatility": 0.31823, "from_high_reference": -0.037037, "from_low_reference": 0.59121 }, "levels": { "trend_reference": 6.312364, "fair_value_reference": 5.124995, "structural_low": 5.152727, "invalidation": "A 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{ "date": "2026-07-10", "close": 6.8, "volume": 54600, "typical_volume": 20550.0, "trend": 6.052258, "fair_value": 5.061684, "relative_strength": 0.692267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.675123, "energy": 62.354444, "activity_lines": [ 7.356667, 7.26314, 6.765184, 6.42377 ] }, { "date": "2026-07-17", "close": 7.05, "volume": 9000, "typical_volume": 20610.0, "trend": 6.100636, "fair_value": 5.074558, "relative_strength": 5.929842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.900669, "energy": 53.194805, "activity_lines": [ 7.243333, 7.255273, 6.834359, 6.488141 ] }, { "date": "2026-07-24", "close": 7.6, "volume": 12000, "typical_volume": 20910.0, "trend": 6.169, "fair_value": 5.091256, "relative_strength": 14.145907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.782108, "energy": 55.624027, "activity_lines": [ 7.336667, 7.332727, 6.947825, 6.584874 ] }, { "date": "2026-07-31", "close": 7.5, "volume": 13200, "typical_volume": 21540.0, "trend": 6.23403, "fair_value": 5.107313, "relative_strength": 11.737613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.646845, "energy": 43.29028, "activity_lines": [ 7.37, 7.372727, 7.04082, 6.670745 ] }, { "date": "2026-08-07", "close": 7.8, "volume": 52200, "typical_volume": 23400.0, "trend": 6.312364, "fair_value": 5.124995, "relative_strength": 12.563795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.509936, "energy": 57.884812, "activity_lines": [ 7.513333, 7.456364, 7.152154, 6.771775 ] } ], "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." } } }