{ "ticker": { "uuid": "a894254b-ebb6-4232-9a91-6239ce32e579", "symbol": "DAX3L", "name": "SG ETC DAX +3x Daily Leveraged Collateralized", "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": 95.876, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 79.882, "architecture_energy": 66.434, "architecture_maturity": 38.365, "architecture_confidence": 83.369, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 24.63, "rotation_up": 63.11, "upward_expansion": 84.42, "deceleration": 49.31, "rotation_down": 14.94, "downward_expansion": 13.42 }, "activity_lines": [ 183.964666, 179.585636, 173.821048, 169.835333 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 199.279999, "trend_reference": 168.944, "distance_from_trend": 0.179562, "trend_direction": "Improving", "fair_value": 127.893313, "distance_from_fair_value": 0.558174, "fair_value_direction": "Improving", "relative_strength": 0.927416, "relative_strength_direction": "Improving", "price_momentum": 0.113918, "excess_performance": -0.056973, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.179562, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015384, "read": "Rising" }, { "label": "Price vs 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"activity_lines": [ 173.421332, 172.985272, 168.354619, 166.867613 ] }, { "date": "2026-07-31", "close": 183.720001, "volume": 270, "typical_volume": 954.2, "trend": 168.617333, "fair_value": 127.047416, "relative_strength": -4.465021, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.117429, "energy": 24.288322, "activity_lines": [ 176.686666, 174.966909, 170.428095, 167.857097 ] }, { "date": "2026-08-07", "close": 199.279999, "volume": 265, "typical_volume": 945.55, "trend": 168.944, "fair_value": 127.893313, "relative_strength": 0.927416, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 79.881793, "energy": 66.43395, "activity_lines": [ 183.964666, 179.585636, 173.821048, 169.835333 ] } ], "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." } } }