{ "ticker": { "uuid": "9e2ee5f8-71bd-453c-a84d-c392928717ba", "symbol": "USAEUY", "name": "UBS Core MSCI USA UCITS ETF USD dis", "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": 95.904, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.38, "architecture_energy": 68.841, "architecture_maturity": 82.75, "architecture_confidence": 66.333, "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": 16.75, "rotation_up": 54.25, "upward_expansion": 83.0, "deceleration": 70.98, "rotation_down": 29.37, "downward_expansion": 12.0 }, "activity_lines": [ 160.214664, 159.59618, 157.264856, 153.653374 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 163.789993, "trend_reference": 149.420287, "distance_from_trend": 0.09617, "trend_direction": "Improving", "fair_value": 127.186361, "distance_from_fair_value": 0.287795, "fair_value_direction": "Improving", "relative_strength": -3.055383, "relative_strength_direction": "Weakening", "price_momentum": 0.169166, "excess_performance": -0.001726, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09617, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0405, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.287795, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039288, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030554, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.003702, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.169166, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.914274, "read": "Demand-led" } ], "volume": { "latest": 18277, "relative_activity": 4.334895, "balance": 3.914274, "dry_up": 1.730092, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.016809, "annualized_volatility": 0.134607, "from_high_reference": -0.00274, "from_low_reference": 0.232927 }, "levels": { "trend_reference": 149.420287, "fair_value_reference": 127.186361, "structural_low": 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150.619827 ] }, { "date": "2026-07-17", "close": 159.369995, "volume": 2012, "typical_volume": 3200.15, "trend": 147.723414, "fair_value": 126.000115, "relative_strength": -2.65223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.032727, "energy": 65.802821, "activity_lines": [ 159.553332, 158.785818, 154.820286, 151.414049 ] }, { "date": "2026-07-24", "close": 158.289993, "volume": 6350, "typical_volume": 3511.05, "trend": 148.263691, "fair_value": 126.386941, "relative_strength": -3.07433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.631187, "energy": 64.929515, "activity_lines": [ 159.22733, 158.816907, 155.56338, 152.095764 ] }, { "date": "2026-07-31", "close": 157.380005, "volume": 2539, "typical_volume": 3630.3, "trend": 148.763352, "fair_value": 126.767935, "relative_strength": -4.164928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.367224, "energy": 60.274558, "activity_lines": [ 158.653332, 158.62709, 156.147714, 152.683913 ] }, { "date": "2026-08-07", "close": 163.789993, "volume": 18277, "typical_volume": 4216.25, "trend": 149.420287, "fair_value": 127.186361, "relative_strength": -3.055383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.380302, "energy": 68.841445, "activity_lines": [ 160.214664, 159.59618, 157.264856, 153.653374 ] } ], "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." } } }