{ "ticker": { "uuid": "c13ebc4b-8625-4ff3-9e58-ce8728cb14c6", "symbol": "CW8", "name": "Amundi Index Solutions - Amundi MSCI World Swap UCITS ETF EUR 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 94.329, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.465, "architecture_energy": 68.384, "architecture_maturity": 82.216, "architecture_confidence": 65.675, "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": 13.46, "rotation_up": 54.78, "upward_expansion": 83.0, "deceleration": 71.22, "rotation_down": 28.55, "downward_expansion": 12.0 }, "activity_lines": [ 686.255998, 683.202181, 672.96781, 659.107892 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 699.72998, "trend_reference": 642.947998, "distance_from_trend": 0.088315, "trend_direction": "Improving", "fair_value": 546.137308, "distance_from_fair_value": 0.281235, "fair_value_direction": "Improving", "relative_strength": -3.404304, "relative_strength_direction": "Weakening", "price_momentum": 0.141261, "excess_performance": -0.029631, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088315, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040864, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.281235, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042002, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034043, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002405, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.141261, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.557122, "read": "Demand-led" } ], "volume": { "latest": 3191, "relative_activity": 0.704228, "balance": 4.557122, "dry_up": 0.652421, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.017304, "annualized_volatility": 0.105078, "from_high_reference": -0.001869, "from_low_reference": 0.23684 }, "levels": { "trend_reference": 642.947998, "fair_value_reference": 546.137308, "structural_low": 583.809998, 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"Re-accelerating", "gate": "up", "direction": 64.459423, "energy": 64.654911, "activity_lines": [ 681.988001, 679.274547, 665.934477, 652.834623 ] }, { "date": "2026-07-31", "close": 675.950012, "volume": 1338, "typical_volume": 4929.1, "trend": 640.371666, "fair_value": 544.361411, "relative_strength": -4.001829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.150212, "energy": 59.775148, "activity_lines": [ 680.237337, 679.143094, 668.477859, 655.278323 ] }, { "date": "2026-08-07", "close": 699.72998, "volume": 3191, "typical_volume": 4531.2, "trend": 642.947998, "fair_value": 546.137308, "relative_strength": -3.404304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.46528, "energy": 68.384302, "activity_lines": [ 686.255998, 683.202181, 672.96781, 659.107892 ] } ], "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." } } }