{ "ticker": { "uuid": "95729b7a-2f78-4d94-bfd5-a98e570dbb08", "symbol": "XEPA", "name": "Xtrackers Europe Net Zero Pathway Paris Aligned UCITS ETF EUR 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 70.974, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 88.519, "architecture_energy": 94.074, "architecture_maturity": 34.73, "architecture_confidence": 74.08, "architecture_tenure": "Developing", "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": 4.37, "rotation_up": 68.16, "upward_expansion": 97.32, "deceleration": 41.97, "rotation_down": 25.44, "downward_expansion": 21.65 }, "activity_lines": [ 45.370668, 45.087728, 44.155762, 43.45585 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 45.91, "trend_reference": 42.87, "distance_from_trend": 0.070912, "trend_direction": "Improving", "fair_value": 38.027051, "distance_from_fair_value": 0.207298, "fair_value_direction": "Improving", "relative_strength": -5.490082, "relative_strength_direction": "Improving", "price_momentum": 0.069665, "excess_performance": -0.101227, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070912, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032154, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.207298, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.067441, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.054901, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.023539, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.069665, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.495726, "read": "Supply-led" } ], "volume": { "latest": 32, "relative_activity": 0.704846, "balance": 0.495726, "dry_up": 0.440529, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.011754, "annualized_volatility": 0.169508, "from_high_reference": -0.002824, "from_low_reference": 0.201675 }, "levels": { "trend_reference": 42.87, "fair_value_reference": 38.027051, "structural_low": 38.205002, "invalidation": 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"Early expansion", "gate": "up", "direction": 79.426674, "energy": 91.262546, "activity_lines": [ 44.144001, 43.526728, 42.556905, 42.366484 ] }, { "date": "2026-07-03", "close": 45.084999, "volume": 0, "typical_volume": 48.65, "trend": 42.224333, "fair_value": 37.627692, "relative_strength": -6.4769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.806953, "energy": 92.859562, "activity_lines": [ 44.486, 43.895455, 42.83181, 42.560355 ] }, { "date": "2026-07-10", "close": 45.16, "volume": 23, "typical_volume": 49.05, "trend": 42.374166, "fair_value": 37.710513, "relative_strength": -5.738767, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.962244, "energy": 91.165369, "activity_lines": [ 44.801667, 44.225727, 43.105048, 42.749753 ] }, { "date": "2026-07-17", "close": 45.150002, "volume": 26, "typical_volume": 45.85, "trend": 42.519, "fair_value": 37.793269, "relative_strength": -4.254758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.68554, "energy": 90.765043, "activity_lines": [ 45.013334, 44.494637, 43.367286, 42.928839 ] }, { "date": "2026-07-24", "close": 45.150002, "volume": 0, "typical_volume": 45.65, "trend": 42.645667, "fair_value": 37.86984, "relative_strength": -3.929778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.895476, "energy": 89.511491, "activity_lines": [ 45.103334, 44.711364, 43.622929, 43.098581 ] }, { "date": "2026-07-31", "close": 45.025002, "volume": 22, "typical_volume": 45.05, "trend": 42.751667, "fair_value": 37.945609, "relative_strength": -4.715485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.18489, "energy": 87.529151, "activity_lines": [ 45.105335, 44.847092, 43.856477, 43.252086 ] }, { "date": "2026-08-07", "close": 45.91, "volume": 32, "typical_volume": 45.4, "trend": 42.87, "fair_value": 38.027051, "relative_strength": -5.490082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.519413, "energy": 94.073694, "activity_lines": [ 45.370668, 45.087728, 44.155762, 43.45585 ] } ], "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." } } }