{ "ticker": { "uuid": "b54895c9-7794-4687-8c66-910028925f41", "symbol": "EXSI", "name": "iShares EURO STOXX UCITS ETF (DE)", "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": 93.805, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 81.094, "architecture_energy": 60.603, "architecture_maturity": 46.499, "architecture_confidence": 69.245, "architecture_tenure": "Developing", "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": 13.46, "rotation_up": 54.0, "upward_expansion": 80.58, "deceleration": 65.65, "rotation_down": 26.47, "downward_expansion": 9.58 }, "activity_lines": [ 68.106, 67.835336, 66.626913, 65.512596 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 69.550003, "trend_reference": 64.3996, "distance_from_trend": 0.079976, "trend_direction": "Improving", "fair_value": 53.267747, "distance_from_fair_value": 0.305668, "fair_value_direction": "Improving", "relative_strength": -3.83808, "relative_strength_direction": "Improving", "price_momentum": 0.095195, "excess_performance": -0.075697, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079976, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039192, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.305668, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.065182, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038381, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.019977, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.095195, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.399867, "read": "Demand-led" } ], "volume": { "latest": 11393, "relative_activity": 0.783557, "balance": 2.399867, "dry_up": 1.157747, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.021233, "annualized_volatility": 0.16678, "from_high_reference": -0.002438, "from_low_reference": 0.242462 }, "levels": { "trend_reference": 64.3996, "fair_value_reference": 53.267747, "structural_low": 57.25, "invalidation": "A 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"typical_volume": 16134.2, "trend": 63.984099, "fair_value": 52.937782, "relative_strength": -3.65208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.441374, "energy": 53.604492, "activity_lines": [ 67.369331, 67.221338, 65.846745, 64.92347 ] }, { "date": "2026-07-31", "close": 67.75, "volume": 9809, "typical_volume": 14726.0, "trend": 64.184457, "fair_value": 53.096503, "relative_strength": -3.648904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.193183, "energy": 47.787398, "activity_lines": [ 67.460665, 67.389409, 66.167896, 65.166431 ] }, { "date": "2026-08-07", "close": 69.550003, "volume": 11393, "typical_volume": 14540.1, "trend": 64.3996, "fair_value": 53.267747, "relative_strength": -3.83808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.094119, "energy": 60.603342, "activity_lines": [ 68.106, 67.835336, 66.626913, 65.512596 ] } ], "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." } } }