{ "ticker": { "uuid": "de8e729e-a7f6-4a3b-9279-26b1a27ca504", "symbol": "FPE", "name": "Fope S.p.A.", "exchange": "MIL", "country": "IT", "assetType": "equity" }, "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": 50.755, "architecture_energy": 48.375, "architecture_maturity": 94.093, "architecture_confidence": 66.468, "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": 22.1, "rotation_up": 43.47, "upward_expansion": 70.8, "deceleration": 65.5, "rotation_down": 27.48, "downward_expansion": 20.8 }, "activity_lines": [ 61.0, 62.405455, 56.01115, 51.428694 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 56.5, "trend_reference": 46.553179, "distance_from_trend": 0.213666, "trend_direction": "Improving", "fair_value": 32.38246, "distance_from_fair_value": 0.744772, "fair_value_direction": "Improving", "relative_strength": 13.688973, "relative_strength_direction": "Improving", "price_momentum": 0.411161, "excess_performance": 0.240269, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.213666, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.207469, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.744772, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.4393, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.13689, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.232823, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.411161, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.206897, "read": "Demand-led" } ], "volume": { "latest": 2250, "relative_activity": 0.415704, "balance": 1.206897, "dry_up": 1.408776, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.102927, "annualized_volatility": 0.543892, "from_high_reference": -0.246667, "from_low_reference": 0.606073 }, "levels": { "trend_reference": 46.553179, "fair_value_reference": 32.38246, "structural_low": 35.178974, "invalidation": "A 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48.613333, 44.603179, 41.530798, 40.659938 ] }, { "date": "2026-06-19", "close": 64.5, "volume": 2500, "typical_volume": 4725.0, "trend": 40.420649, "fair_value": 30.903289, "relative_strength": 36.89915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 99.40971, "energy": 99.663913, "activity_lines": [ 54.726666, 48.735571, 43.838109, 42.272738 ] }, { "date": "2026-06-26", "close": 64.0, "volume": 0, "typical_volume": 4712.5, "trend": 41.355435, "fair_value": 31.125731, "relative_strength": 38.975476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.338325, "energy": 98.353382, "activity_lines": [ 59.173333, 52.254545, 45.985018, 43.793987 ] }, { "date": "2026-07-03", "close": 65.0, "volume": 0, "typical_volume": 4312.5, "trend": 42.310598, "fair_value": 31.351062, "relative_strength": 36.10987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.032712, "energy": 95.456049, "activity_lines": [ 62.486667, 55.445454, 48.113059, 45.319443 ] }, { "date": "2026-07-10", "close": 65.5, "volume": 6500, "typical_volume": 4600.0, "trend": 43.295384, "fair_value": 31.574902, "relative_strength": 36.778328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.279638, "energy": 92.023705, "activity_lines": [ 64.433333, 58.234545, 50.169853, 46.815533 ] }, { "date": "2026-07-17", "close": 74.5, "volume": 8750, "typical_volume": 5025.0, "trend": 44.508905, "fair_value": 31.85174, "relative_strength": 56.194715, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.373184, "energy": 97.494396, "activity_lines": [ 68.133333, 62.158182, 52.965318, 48.828734 ] }, { "date": "2026-07-24", "close": 60.0, "volume": 12500, "typical_volume": 5412.5, "trend": 45.239093, "fair_value": 32.036802, "relative_strength": 25.453885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.021852, "energy": 67.588065, "activity_lines": [ 65.9, 62.807273, 54.214801, 49.828159 ] }, { "date": "2026-07-31", "close": 59.5, "volume": 7000, "typical_volume": 5362.5, "trend": 45.952615, "fair_value": 32.219833, "relative_strength": 23.331611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.929613, "energy": 63.213722, "activity_lines": [ 63.8, 63.038182, 55.307724, 50.748218 ] }, { "date": "2026-08-07", "close": 56.5, "volume": 2250, "typical_volume": 5412.5, "trend": 46.553179, "fair_value": 32.38246, "relative_strength": 13.688973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.754682, "energy": 48.375125, "activity_lines": [ 61.0, 62.405455, 56.01115, 51.428694 ] } ], "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." } } }