{ "ticker": { "uuid": "cc0f815b-fb90-4477-a6fa-0419ce58c94c", "symbol": "MEU", "name": "Amundi MSCI Europe UCITS ETF 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": 86.894, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.624, "architecture_energy": 75.671, "architecture_maturity": 40.536, "architecture_confidence": 78.481, "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": 8.57, "rotation_up": 64.69, "upward_expansion": 88.21, "deceleration": 52.31, "rotation_down": 22.57, "downward_expansion": 14.87 }, "activity_lines": [ 248.403336, 246.786364, 242.289048, 238.560215 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 252.300003, "trend_reference": 234.713333, "distance_from_trend": 0.074928, "trend_direction": "Improving", "fair_value": 197.704872, "distance_from_fair_value": 0.276145, "fair_value_direction": "Improving", "relative_strength": -3.938579, "relative_strength_direction": "Improving", "price_momentum": 0.093865, "excess_performance": -0.077027, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074928, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040104, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.276145, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.064816, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.039386, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016251, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.093865, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.093765, "read": "Demand-led" } ], "volume": { "latest": 904, "relative_activity": 0.41911, "balance": 1.093765, "dry_up": 0.440437, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.017562, "annualized_volatility": 0.145973, "from_high_reference": -0.002767, "from_low_reference": 0.246849 }, "levels": { "trend_reference": 234.713333, "fair_value_reference": 197.704872, "structural_low": 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"typical_volume": 3345.2, "trend": 231.405, "fair_value": 195.56282, "relative_strength": -5.102685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.849866, "energy": 83.998645, "activity_lines": [ 245.223333, 242.298181, 237.179285, 234.660214 ] }, { "date": "2026-07-17", "close": 244.75, "volume": 858, "typical_volume": 3212.65, "trend": 232.236666, "fair_value": 196.076474, "relative_strength": -3.762516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.269147, "energy": 80.973949, "activity_lines": [ 245.389999, 243.246363, 238.268809, 235.521182 ] }, { "date": "2026-07-24", "close": 246.199997, "volume": 770, "typical_volume": 2660.9, "trend": 233.101666, "fair_value": 196.585192, "relative_strength": -2.943374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.151418, "energy": 76.48001, "activity_lines": [ 245.813332, 244.216363, 239.463571, 236.422042 ] }, { "date": "2026-07-31", "close": 247.850006, "volume": 1268, "typical_volume": 2587.25, "trend": 233.906667, "fair_value": 197.13141, "relative_strength": -2.909911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.606826, "energy": 61.155147, "activity_lines": [ 246.536668, 245.19, 240.721428, 237.373548 ] }, { "date": "2026-08-07", "close": 252.300003, "volume": 904, "typical_volume": 2156.95, "trend": 234.713333, "fair_value": 197.704872, "relative_strength": -3.938579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.62421, "energy": 75.670743, "activity_lines": [ 248.403336, 246.786364, 242.289048, 238.560215 ] } ], "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." } } }