{ "ticker": { "uuid": "cd466ad9-13ea-48ed-aba0-3550d11d83eb", "symbol": "AIAA", "name": "iShares AI Adopters & Applications UCITS ETF USD (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. 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Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 10.63, "rotation_up": 81.32, "upward_expansion": 95.05, "deceleration": 42.06, "rotation_down": 10.2, "downward_expansion": 19.38 }, "activity_lines": [ 5.0397, 4.964673, 4.868943, 4.813088 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 5.223, "trend_reference": 4.78215, "distance_from_trend": 0.092187, "trend_direction": "Weakening", "fair_value": 4.738279, "distance_from_fair_value": 0.102299, "fair_value_direction": "Improving", "relative_strength": -6.894387, "relative_strength_direction": "Improving", "price_momentum": 0.089714, "excess_performance": -0.081178, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.092187, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.001958, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.102299, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.113453, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.068944, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.067328, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.089714, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.124876, "read": "Demand-led" } ], "volume": { "latest": 186646, "relative_activity": 5.714181, "balance": 4.124876, "dry_up": 2.114782, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.023918, "annualized_volatility": 0.153873, "from_high_reference": 0.0, "from_low_reference": 0.178342 }, "levels": { "trend_reference": 4.78215, "fair_value_reference": 4.738279, "structural_low": 4.4325, "invalidation": "A 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4.860991, 4.78115, 4.762608 ] }, { "date": "2026-07-24", "close": 4.9, "volume": 11798, "typical_volume": 31243.15, "trend": 4.775967, "fair_value": 4.729482, "relative_strength": -9.962651, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.082214, "energy": 63.394428, "activity_lines": [ 4.918733, 4.874655, 4.798198, 4.77044 ] }, { "date": "2026-07-31", "close": 4.9925, "volume": 52306, "typical_volume": 33743.3, "trend": 4.778483, "fair_value": 4.732576, "relative_strength": -8.604393, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.24303, "energy": 74.186823, "activity_lines": [ 4.9474, 4.900509, 4.823436, 4.78441 ] }, { "date": "2026-08-07", "close": 5.223, "volume": 186646, "typical_volume": 32663.65, "trend": 4.78215, "fair_value": 4.738279, "relative_strength": -6.894387, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.845024, "energy": 87.745611, "activity_lines": [ 5.0397, 4.964673, 4.868943, 4.813088 ] } ], "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." } } }