{ "ticker": { "uuid": "d6615951-7f19-44da-824b-492755b1b4a0", "symbol": "UQLTD", "name": "UBS Factor MSCI USA Quality Screened UCITS ETF USD dis", "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": 89.389, "architecture_energy": 73.332, "architecture_maturity": 80.106, "architecture_confidence": 83.122, "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": 4.72, "rotation_up": 63.79, "upward_expansion": 87.67, "deceleration": 65.41, "rotation_down": 28.63, "downward_expansion": 12.0 }, "activity_lines": [ 60.802, 60.401273, 59.075786, 57.493257 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 62.080002, "trend_reference": 55.720819, "distance_from_trend": 0.114126, "trend_direction": "Improving", "fair_value": 47.793122, "distance_from_fair_value": 0.298932, "fair_value_direction": "Improving", "relative_strength": -0.758024, "relative_strength_direction": "Improving", "price_momentum": 0.178691, "excess_performance": 0.007799, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.114126, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046745, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.298932, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.068942, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.00758, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.013352, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.178691, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.244061, "read": "Demand-led" } ], "volume": { "latest": 69887, "relative_activity": 2.541124, "balance": 2.244061, "dry_up": 1.770336, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.017979, "annualized_volatility": 0.120696, "from_high_reference": -0.007514, "from_low_reference": 0.298664 }, "levels": { "trend_reference": 55.720819, "fair_value_reference": 47.793122, "structural_low": 49.32, 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91.614538, "activity_lines": [ 59.562667, 58.919091, 56.826476, 55.655095 ] }, { "date": "2026-07-10", "close": 60.709999, "volume": 56366, "typical_volume": 24470.6, "trend": 54.719177, "fair_value": 47.177351, "relative_strength": -1.057071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.977564, "energy": 91.506725, "activity_lines": [ 60.03, 59.383636, 57.356024, 56.059451 ] }, { "date": "2026-07-17", "close": 60.34, "volume": 42683, "typical_volume": 26167.5, "trend": 54.975889, "fair_value": 47.329718, "relative_strength": -0.239273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.770576, "energy": 88.464202, "activity_lines": [ 60.257333, 59.671636, 57.812095, 56.422085 ] }, { "date": "2026-07-24", "close": 60.52, "volume": 24774, "typical_volume": 24647.55, "trend": 55.22862, "fair_value": 47.478555, "relative_strength": 0.234316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.017749, "energy": 85.188494, "activity_lines": [ 60.428, 59.92, 58.247833, 56.77977 ] }, { "date": "2026-07-31", "close": 59.669998, "volume": 57410, "typical_volume": 24644.2, "trend": 55.462333, "fair_value": 47.626973, "relative_strength": -1.790207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.396821, "energy": 66.102156, "activity_lines": [ 60.230666, 59.955091, 58.565667, 57.06631 ] }, { "date": "2026-08-07", "close": 62.080002, "volume": 69887, "typical_volume": 27502.4, "trend": 55.720819, "fair_value": 47.793122, "relative_strength": -0.758024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.388788, "energy": 73.332142, "activity_lines": [ 60.802, 60.401273, 59.075786, 57.493257 ] } ], "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." } } }