{ "ticker": { "uuid": "8dfa3120-8e20-4e80-97e0-8f3d16db02f1", "symbol": "CCUSAS", "name": "UBS CMCI Composite SF UCITS ETF USD 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 67.513, "architecture_energy": 78.152, "architecture_maturity": 10.039, "architecture_confidence": 73.33, "architecture_tenure": "New", "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": 12.35, "rotation_up": 77.5, "upward_expansion": 93.41, "deceleration": 42.19, "rotation_down": 9.53, "downward_expansion": 17.74 }, "activity_lines": [ 122.684666, 120.749272, 119.80481, 117.962237 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 122.989998, "trend_reference": 114.357333, "distance_from_trend": 0.075489, "trend_direction": "Improving", "fair_value": 99.779423, "distance_from_fair_value": 0.232619, "fair_value_direction": "Improving", "relative_strength": -0.696441, "relative_strength_direction": "Weakening", "price_momentum": 0.208509, "excess_performance": 0.037618, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075489, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.069027, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.232619, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.004785, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.006964, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.057308, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.208509, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.706663, "read": "Demand-led" } ], "volume": { "latest": 7694, "relative_activity": 0.698001, "balance": 1.706663, "dry_up": 0.549447, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.024711, "annualized_volatility": 0.155981, "from_high_reference": -0.023114, "from_low_reference": 0.336702 }, "levels": { "trend_reference": 114.357333, "fair_value_reference": 99.779423, "structural_low": 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"volume": 3628, "typical_volume": 11129.05, "trend": 112.777, "fair_value": 99.406603, "relative_strength": 4.277097, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.14988, "energy": 66.971712, "activity_lines": [ 121.029333, 119.572, 118.982667, 116.75514 ] }, { "date": "2026-07-31", "close": 122.110001, "volume": 8257, "typical_volume": 11047.15, "trend": 113.613, "fair_value": 99.591282, "relative_strength": 1.559465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.047043, "energy": 72.362048, "activity_lines": [ 121.937333, 120.080546, 119.365096, 117.357269 ] }, { "date": "2026-08-07", "close": 122.989998, "volume": 7694, "typical_volume": 11022.9, "trend": 114.357333, "fair_value": 99.779423, "relative_strength": -0.696441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.512682, "energy": 78.15186, "activity_lines": [ 122.684666, 120.749272, 119.80481, 117.962237 ] } ], "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." } } }