{
  "ticker": {
    "uuid": "b1f4629a-7b39-421f-9eab-1d3d7cab1804",
    "symbol": "IBE7",
    "name": "iShares V PLC - iShares iBonds Dec 2027 Term \u20ac Corp UCITS ETF",
    "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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 46.825,
    "architecture_energy": 54.835,
    "architecture_maturity": 8.239,
    "architecture_confidence": 51.662,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
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        "balance": 26.97,
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        "upward_expansion": 60.48,
        "deceleration": 22.78,
        "rotation_down": 20.02,
        "downward_expansion": 18.82
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
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    "fair_value_direction": "Improving",
    "relative_strength": -14.066967,
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        "read": "Above"
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        "label": "Trend direction",
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        "read": "Rising"
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        "label": "Price vs current Fair Value",
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        "read": "Premium"
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        "read": "Closing upward"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.14067,
        "read": "Lagging"
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      {
        "label": "Relative strength direction",
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        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.000274,
        "read": "Positive"
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        "label": "Volume balance",
        "positive": true,
        "value": 3.827806,
        "read": "Demand-led"
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      "accumulation_observations": 4,
      "distribution_observations": 1
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      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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        "end": "2026-03-20",
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        "active": false
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      {
        "date": "2026-03-27",
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        "date": "2026-04-03",
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        "date": "2026-04-10",
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      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
      {
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      },
      {
        "date": "2026-06-05",
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        "relative_strength": -11.829145,
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      },
      {
        "date": "2026-06-12",
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      },
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      },
      {
        "date": "2026-06-26",
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": -14.796519,
        "stage": 3,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 43851.4,
        "trend": 5.124845,
        "fair_value": 4.979088,
        "relative_strength": -14.05782,
        "stage": 3,
        "regime": "balance",
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        "gate": "mixed",
        "direction": 21.413421,
        "energy": 32.591737,
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          5.129193,
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          5.123077
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      },
      {
        "date": "2026-07-17",
        "close": 5.13,
        "volume": 32180,
        "typical_volume": 45059.2,
        "trend": 5.125385,
        "fair_value": 4.980174,
        "relative_strength": -12.459177,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.126629,
        "energy": 34.187493,
        "activity_lines": [
          5.13,
          5.126526,
          5.121844,
          5.12341
        ]
      },
      {
        "date": "2026-07-24",
        "close": 5.132,
        "volume": 46285,
        "typical_volume": 44756.05,
        "trend": 5.125827,
        "fair_value": 4.981258,
        "relative_strength": -11.903297,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.523078,
        "energy": 43.332053,
        "activity_lines": [
          5.131,
          5.128222,
          5.122924,
          5.123836
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5.136,
        "volume": 135801,
        "typical_volume": 51117.45,
        "trend": 5.126236,
        "fair_value": 4.982356,
        "relative_strength": -12.028022,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.284921,
        "energy": 42.963136,
        "activity_lines": [
          5.1328,
          5.130172,
          5.124388,
          5.124493
        ]
      },
      {
        "date": "2026-08-07",
        "close": 5.142,
        "volume": 91047,
        "typical_volume": 52650.9,
        "trend": 5.12668,
        "fair_value": 4.98348,
        "relative_strength": -14.066967,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.82472,
        "energy": 54.834737,
        "activity_lines": [
          5.136067,
          5.132795,
          5.12637,
          5.12551
        ]
      }
    ],
    "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."
    }
  }
}