{ "ticker": { "uuid": "adcfb1f2-6b8a-448f-a448-9208dee85a6e", "symbol": "XMIB", "name": "Xtrackers FTSE MIB UCITS ETF 1D", "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": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.176, "architecture_energy": 67.244, "architecture_maturity": 100.0, "architecture_confidence": 76.45, "architecture_tenure": "Extended", "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": 9.44, "rotation_up": 56.6, "upward_expansion": 85.33, "deceleration": 68.22, "rotation_down": 28.57, "downward_expansion": 12.0 }, "activity_lines": [ 52.632667, 52.364273, 51.087809, 49.585283 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 53.82, "trend_reference": 47.769134, "distance_from_trend": 0.126669, "trend_direction": "Improving", "fair_value": 35.841387, "distance_from_fair_value": 0.501616, "fair_value_direction": "Improving", "relative_strength": 2.517306, "relative_strength_direction": "Improving", "price_momentum": 0.202772, "excess_performance": 0.03188, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.126669, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.069457, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.501616, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.060456, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.025173, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.009648, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.202772, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.045442, "read": "Demand-led" } ], "volume": { "latest": 42277, "relative_activity": 1.415774, "balance": 1.045442, "dry_up": 1.335411, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.025741, "annualized_volatility": 0.174392, "from_high_reference": -0.004624, "from_low_reference": 0.352521 }, "levels": { "trend_reference": 47.769134, "fair_value_reference": 35.841387, "structural_low": 40.700001, 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52.197333, 51.656181, 49.921762, 48.53678 ] }, { "date": "2026-07-24", "close": 51.810001, "volume": 32719, "typical_volume": 30790.85, "trend": 47.189962, "fair_value": 35.480869, "relative_strength": 2.494405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.727079, "energy": 63.173686, "activity_lines": [ 52.054667, 51.807909, 50.275143, 48.852903 ] }, { "date": "2026-07-31", "close": 52.18, "volume": 31319, "typical_volume": 29848.1, "trend": 47.458136, "fair_value": 35.65482, "relative_strength": 2.415826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.458334, "energy": 58.857612, "activity_lines": [ 52.101333, 51.962182, 50.624619, 49.174841 ] }, { "date": "2026-08-07", "close": 53.82, "volume": 42277, "typical_volume": 29861.4, "trend": 47.769134, "fair_value": 35.841387, "relative_strength": 2.517306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.175701, "energy": 67.243716, "activity_lines": [ 52.632667, 52.364273, 51.087809, 49.585283 ] } ], "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." } } }