{ "ticker": { "uuid": "bbc052c1-8f55-430e-9d04-87ea3052567f", "symbol": "VNGD80", "name": "Vanguard Funds PLC - Vanguard Lifestrategy 80 Equity 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": 41.03, "architecture_energy": 53.842, "architecture_maturity": 47.738, "architecture_confidence": 83.23, "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." }, "scores": { "balance": 24.7, "rotation_up": 76.28, "upward_expansion": 48.2, "deceleration": 41.67, "rotation_down": 16.67, "downward_expansion": 23.2 }, "activity_lines": [ 38.16, 34.573088, 34.546661, 34.861416 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 39.57, "trend_reference": 35.276032, "distance_from_trend": 0.121725, "trend_direction": "Weakening", "fair_value": 31.856479, "distance_from_fair_value": 0.242134, "fair_value_direction": "Improving", "relative_strength": -3.548017, "relative_strength_direction": "Improving", "price_momentum": 0.099014, "excess_performance": -0.071878, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.121725, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.022485, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.242134, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034167, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.03548, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.009687, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.099014, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 11.588491, "read": "Demand-led" } ], "volume": { "latest": 4258, "relative_activity": 0.794566, "balance": 11.588491, "dry_up": 1.001605, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.056194, "annualized_volatility": 0.732121, "from_high_reference": -0.00101, "from_low_reference": 0.48274 }, "levels": { "trend_reference": 35.276032, "fair_value_reference": 31.856479, "structural_low": 26.687071, "invalidation": "A 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34.385087 ] }, { "date": "2026-07-10", "close": 27.045, "volume": 0, "typical_volume": 5908.15, "trend": 34.843532, "fair_value": 31.534296, "relative_strength": -33.177289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.995375, "energy": 88.091883, "activity_lines": [ 27.021138, 30.092091, 32.873727, 33.864704 ] }, { "date": "2026-07-17", "close": 38.705002, "volume": 10017, "typical_volume": 6105.3, "trend": 34.958366, "fair_value": 31.614119, "relative_strength": -2.845503, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -33.736244, "energy": 44.014575, "activity_lines": [ 30.931667, 31.20514, 33.29396, 34.113831 ] }, { "date": "2026-07-24", "close": 38.744999, "volume": 4276, "typical_volume": 5387.15, "trend": 35.067532, "fair_value": 31.69182, "relative_strength": -2.436361, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -1.882074, "energy": 20.051278, "activity_lines": [ 34.054334, 32.306533, 33.70767, 34.35813 ] }, { "date": "2026-07-31", "close": 38.465, "volume": 2919, "typical_volume": 5285.1, "trend": 35.166532, "fair_value": 31.770044, "relative_strength": -3.621823, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.594784, "energy": 44.854352, "activity_lines": [ 36.303667, 33.341594, 34.081022, 34.577321 ] }, { "date": "2026-08-07", "close": 39.57, "volume": 4258, "typical_volume": 5358.9, "trend": 35.276032, "fair_value": 31.856479, "relative_strength": -3.548017, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.029599, "energy": 53.842142, "activity_lines": [ 38.16, 34.573088, 34.546661, 34.861416 ] } ], "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." } } }