{ "ticker": { "uuid": "be1affff-5d9f-4371-bf93-5f7540441909", "symbol": "RTWO", "name": "L&G Russell 2000 US Small Cap Quality UCITS ETF USD Accumulate", "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": 73.787, "architecture_energy": 64.078, "architecture_maturity": 95.157, "architecture_confidence": 61.382, "architecture_tenure": "Established", "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": 12.77, "rotation_up": 50.7, "upward_expansion": 78.5, "deceleration": 71.45, "rotation_down": 29.62, "downward_expansion": 16.5 }, "activity_lines": [ 123.553998, 123.499453, 120.595571, 117.225849 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 124.849998, "trend_reference": 113.297333, "distance_from_trend": 0.101968, "trend_direction": "Improving", "fair_value": 96.377244, "distance_from_fair_value": 0.29543, "fair_value_direction": "Improving", "relative_strength": 0.011082, "relative_strength_direction": "Weakening", "price_momentum": 0.169226, "excess_performance": -0.001665, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.101968, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068621, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.29543, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.063805, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000111, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.010956, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.169226, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.68768, "read": "Demand-led" } ], "volume": { "latest": 6873, "relative_activity": 1.122837, "balance": 1.68768, "dry_up": 0.860793, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.02178, "annualized_volatility": 0.116656, "from_high_reference": -0.011715, "from_low_reference": 0.363289 }, "levels": { "trend_reference": 113.297333, "fair_value_reference": 96.377244, "structural_low": 99.940002, 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"upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.568751, "energy": 66.539594, "activity_lines": [ 124.086665, 123.059454, 119.140524, 115.84286 ] }, { "date": "2026-07-31", "close": 121.269997, "volume": 5147, "typical_volume": 6169.55, "trend": 112.685667, "fair_value": 96.104936, "relative_strength": 0.128511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.287935, "energy": 61.884343, "activity_lines": [ 123.103998, 123.000726, 119.740666, 116.441054 ] }, { "date": "2026-08-07", "close": 124.849998, "volume": 6873, "typical_volume": 6121.1, "trend": 113.297333, "fair_value": 96.377244, "relative_strength": 0.011082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.787481, "energy": 64.078313, "activity_lines": [ 123.553998, 123.499453, 120.595571, 117.225849 ] } ], "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." } } }