{ "ticker": { "uuid": "da8f9d4b-7f96-4397-a2fe-f543571915d9", "symbol": "PEX", "name": "UBS MSCI Pacific ex Japan IMI Socially Responsible 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. 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": 70.696, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 96.263, "architecture_energy": 98.315, "architecture_maturity": 16.791, "architecture_confidence": 58.824, "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": 8.84, "rotation_up": 90.77, "upward_expansion": 99.97, "deceleration": 39.0, "rotation_down": 8.07, "downward_expansion": 21.97 }, "activity_lines": [ 18.190133, 17.967309, 17.7286, 17.609811 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 18.49, "trend_reference": 17.445333, "distance_from_trend": 0.059882, "trend_direction": "Improving", "fair_value": 15.449915, "distance_from_fair_value": 0.19677, "fair_value_direction": "Improving", "relative_strength": -7.479909, "relative_strength_direction": "Improving", "price_momentum": 0.071263, "excess_performance": -0.099629, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059882, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023395, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.19677, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044453, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.074799, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0099, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.071263, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 30.772, "read": "Demand-led" } ], "volume": { "latest": 2183, "relative_activity": 1.816215, "balance": 30.772, "dry_up": 2.342028, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.009735, "annualized_volatility": 0.122346, "from_high_reference": -0.052218, "from_low_reference": 0.133799 }, "levels": { "trend_reference": 17.445333, "fair_value_reference": 15.449915, "structural_low": 16.403999, "invalidation": "A 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62.665434, "energy": 34.491133, "activity_lines": [ 17.4552, 17.4204, 17.392019, 17.314989 ] }, { "date": "2026-07-03", "close": 17.618, "volume": 140, "typical_volume": 803.2, "trend": 17.178, "fair_value": 15.31153, "relative_strength": -11.565701, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.286177, "energy": 60.655359, "activity_lines": [ 17.530667, 17.457236, 17.414647, 17.34603 ] }, { "date": "2026-07-10", "close": 17.85, "volume": 4126, "typical_volume": 1009.5, "trend": 17.225067, "fair_value": 15.337633, "relative_strength": -9.782003, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.775794, "energy": 88.754616, "activity_lines": [ 17.6664, 17.533309, 17.458533, 17.389385 ] }, { "date": "2026-07-17", "close": 18.0, "volume": 3627, "typical_volume": 1000.1, "trend": 17.277133, "fair_value": 15.364697, "relative_strength": -7.50984, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.212336, "energy": 95.245079, "activity_lines": [ 17.810667, 17.629491, 17.514762, 17.439381 ] }, { "date": "2026-07-24", "close": 18.0, "volume": 0, "typical_volume": 874.8, "trend": 17.328267, "fair_value": 15.391761, "relative_strength": -7.156789, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.134389, "energy": 95.178831, "activity_lines": [ 17.8936, 17.715273, 17.570028, 17.486017 ] }, { "date": "2026-07-31", "close": 18.138, "volume": 5450, "typical_volume": 1092.8, "trend": 17.380933, "fair_value": 15.41971, "relative_strength": -6.801924, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.785851, "energy": 95.279857, "activity_lines": [ 18.000533, 17.815745, 17.634324, 17.538258 ] }, { "date": "2026-08-07", "close": 18.49, "volume": 2183, "typical_volume": 1201.95, "trend": 17.445333, "fair_value": 15.449915, "relative_strength": -7.479909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.262803, "energy": 98.314564, "activity_lines": [ 18.190133, 17.967309, 17.7286, 17.609811 ] } ], "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." } } }