{ "ticker": { "uuid": "c4b83fa7-2715-4fb0-8c04-4635c08acaf1", "symbol": "ISF", "name": "iShares Core FTSE 100 UCITS ETF GBP (Dist)", "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": 76.854, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 78.799, "architecture_energy": 85.349, "architecture_maturity": 14.634, "architecture_confidence": 65.465, "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": 3.46, "rotation_up": 83.3, "upward_expansion": 97.54, "deceleration": 39.14, "rotation_down": 9.21, "downward_expansion": 19.54 }, "activity_lines": [ 12.318533, 12.165382, 11.964012, 11.866814 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 12.434, "trend_reference": 11.753234, "distance_from_trend": 0.057922, "trend_direction": "Improving", "fair_value": 9.670252, "distance_from_fair_value": 0.285799, "fair_value_direction": "Improving", "relative_strength": -5.120152, "relative_strength_direction": "Improving", "price_momentum": 0.074006, "excess_performance": -0.096886, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057922, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035805, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.285799, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054136, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.051202, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.00837, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.074006, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.420285, "read": "Demand-led" } ], "volume": { "latest": 517448, "relative_activity": 0.934511, "balance": 1.420285, "dry_up": 1.095986, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.020004, "annualized_volatility": 0.1445, "from_high_reference": -0.00528, "from_low_reference": 0.233523 }, "levels": { "trend_reference": 11.753234, "fair_value_reference": 9.670252, "structural_low": 10.934, "invalidation": "A 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-6.74908, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.616689, "energy": 63.664211, "activity_lines": [ 11.944103, 11.833112, 11.74425, 11.6982 ] }, { "date": "2026-07-17", "close": 12.14, "volume": 512063, "typical_volume": 593520.75, "trend": 11.62865, "fair_value": 9.58351, "relative_strength": -4.319093, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.136675, "energy": 72.834472, "activity_lines": [ 12.030933, 11.906325, 11.785987, 11.733783 ] }, { "date": "2026-07-24", "close": 12.258, "volume": 782223, "typical_volume": 596649.25, "trend": 11.671776, "fair_value": 9.611005, "relative_strength": -3.174306, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.946632, "energy": 79.277729, "activity_lines": [ 12.133467, 11.989125, 11.838832, 11.774386 ] }, { "date": "2026-07-31", "close": 12.386, "volume": 615701, "typical_volume": 587836.3, "trend": 11.715586, "fair_value": 9.64048, "relative_strength": -2.767057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.931158, "energy": 82.028705, "activity_lines": [ 12.235733, 12.078348, 11.901053, 11.820465 ] }, { "date": "2026-08-07", "close": 12.434, "volume": 517448, "typical_volume": 553710.1, "trend": 11.753234, "fair_value": 9.670252, "relative_strength": -5.120152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.799327, "energy": 85.349152, "activity_lines": [ 12.318533, 12.165382, 11.964012, 11.866814 ] } ], "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." } } }