{ "ticker": { "uuid": "b7a0c9bf-5a80-4892-b4a7-138e09118b9d", "symbol": "MOTU", "name": "VanEck Morningstar US Wide Moat UCITS ETF A Acc", "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": 70.508, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 92.031, "architecture_energy": 80.842, "architecture_maturity": 8.457, "architecture_confidence": 55.477, "architecture_tenure": "New", "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": 16.75, "rotation_up": 84.2, "upward_expansion": 90.47, "deceleration": 49.58, "rotation_down": 9.64, "downward_expansion": 14.8 }, "activity_lines": [ 22.768, 22.476, 21.931452, 21.707914 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 23.34, "trend_reference": 21.596833, "distance_from_trend": 0.080714, "trend_direction": "Improving", "fair_value": 20.460349, "distance_from_fair_value": 0.140743, "fair_value_direction": "Improving", "relative_strength": -6.130093, "relative_strength_direction": "Improving", "price_momentum": 0.077811, "excess_performance": -0.093081, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080714, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012035, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.140743, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.121488, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.061301, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.058808, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.077811, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 57.779762, "read": "Demand-led" } ], "volume": { "latest": 3908, "relative_activity": 3.3085, "balance": 57.779762, "dry_up": 2.575982, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.017847, "annualized_volatility": 0.13949, "from_high_reference": -0.009968, "from_low_reference": 0.18261 }, "levels": { "trend_reference": 21.596833, "fair_value_reference": 20.460349, "structural_low": 20.135, "invalidation": 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18, "typical_volume": 598.55, "trend": 21.5065, "fair_value": 20.407024, "relative_strength": -6.294712, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.06658, "energy": 86.781818, "activity_lines": [ 22.373333, 22.018909, 21.539833, 21.48185 ] }, { "date": "2026-07-24", "close": 22.1, "volume": 290, "typical_volume": 590.55, "trend": 21.526667, "fair_value": 20.420354, "relative_strength": -8.222709, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.071021, "energy": 78.40487, "activity_lines": [ 22.353, 22.088818, 21.614881, 21.52014 ] }, { "date": "2026-07-31", "close": 22.66, "volume": 7955, "typical_volume": 988.3, "trend": 21.562833, "fair_value": 20.437852, "relative_strength": -6.322976, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.380267, "energy": 89.004498, "activity_lines": [ 22.485, 22.235909, 21.7425, 21.593258 ] }, { "date": "2026-08-07", "close": 23.34, "volume": 3908, "typical_volume": 1181.2, "trend": 21.596833, "fair_value": 20.460349, "relative_strength": -6.130093, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.030909, "energy": 80.842097, "activity_lines": [ 22.768, 22.476, 21.931452, 21.707914 ] } ], "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." } } }