{ "ticker": { "uuid": "aaf68bd4-5578-4a88-9185-2ff5a924c30a", "symbol": "MIB3L", "name": "SG ETC FTSE MIB +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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 79.838, "architecture_energy": 59.354, "architecture_maturity": 93.123, "architecture_confidence": 82.072, "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": 10.3, "rotation_up": 54.32, "upward_expansion": 82.9, "deceleration": 68.33, "rotation_down": 27.88, "downward_expansion": 9.57 }, "activity_lines": [ 270.388668, 267.462182, 251.70138, 234.096946 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 287.630005, "trend_reference": 213.392, "distance_from_trend": 0.347895, "trend_direction": "Improving", "fair_value": 116.805603, "distance_from_fair_value": 1.462468, "fair_value_direction": "Improving", "relative_strength": 33.446245, "relative_strength_direction": "Improving", "price_momentum": 0.582384, "excess_performance": 0.411493, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.347895, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.19015, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.462468, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.272174, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.334462, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.088548, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.582384, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.719848, "read": "Demand-led" } ], "volume": { "latest": 1436, "relative_activity": 0.3115, "balance": 1.719848, "dry_up": 0.320611, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.071914, "annualized_volatility": 0.552626, "from_high_reference": -0.011581, "from_low_reference": 1.162469 }, "levels": { "trend_reference": 213.392, "fair_value_reference": 116.805603, "structural_low": 133.009995, 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"fair_value": 113.902045, "relative_strength": 26.616338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.280028, "energy": 57.261505, "activity_lines": [ 262.985336, 260.526727, 241.859, 225.458774 ] }, { "date": "2026-07-31", "close": 262.98999, "volume": 906, "typical_volume": 5532.0, "trend": 209.813999, "fair_value": 115.268006, "relative_strength": 26.862713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.053176, "energy": 50.583257, "activity_lines": [ 262.928666, 262.062544, 245.850856, 229.076558 ] }, { "date": "2026-08-07", "close": 287.630005, "volume": 1436, "typical_volume": 4609.95, "trend": 213.392, "fair_value": 116.805603, "relative_strength": 33.446245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.838115, "energy": 59.353774, "activity_lines": [ 270.388668, 267.462182, 251.70138, 234.096946 ] } ], "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." } } }