{ "ticker": { "uuid": "dee08de7-1394-484f-839f-9ca00288d44a", "symbol": "WINA", "name": "iShares World Equity High Income Active 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": "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": 85.364, "architecture_energy": 71.859, "architecture_maturity": 62.75, "architecture_confidence": 79.549, "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": 6.43, "rotation_up": 66.07, "upward_expansion": 87.67, "deceleration": 64.48, "rotation_down": 25.33, "downward_expansion": 12.0 }, "activity_lines": [ 6.409667, 6.366073, 6.259348, 6.141667 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 6.497, "trend_reference": 5.9984, "distance_from_trend": 0.083122, "trend_direction": "Improving", "fair_value": 5.338285, "distance_from_fair_value": 0.217057, "fair_value_direction": "Improving", "relative_strength": -3.765713, "relative_strength_direction": "Weakening", "price_momentum": 0.132276, "excess_performance": -0.038616, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083122, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04242, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.217057, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.064177, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.037657, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000622, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.132276, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 14.240845, "read": "Demand-led" } ], "volume": { "latest": 30726, "relative_activity": 0.557464, "balance": 14.240845, "dry_up": 0.447988, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.015735, "annualized_volatility": 0.080216, "from_high_reference": -0.004444, "from_low_reference": 0.25183 }, "levels": { "trend_reference": 5.9984, "fair_value_reference": 5.338285, "structural_low": 5.505, "invalidation": 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-3.017352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.210511, "energy": 82.915967, "activity_lines": [ 6.3316, 6.287818, 6.156257, 6.050996 ] }, { "date": "2026-07-24", "close": 6.401, "volume": 20818, "typical_volume": 55554.7, "trend": 5.948833, "fair_value": 5.320182, "relative_strength": -1.87098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.912045, "energy": 81.377224, "activity_lines": [ 6.359867, 6.315691, 6.192057, 6.08186 ] }, { "date": "2026-07-31", "close": 6.352, "volume": 20734, "typical_volume": 54712.55, "trend": 5.973167, "fair_value": 5.328709, "relative_strength": -3.205812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.158923, "energy": 65.732643, "activity_lines": [ 6.364267, 6.329236, 6.22021, 6.107871 ] }, { "date": "2026-08-07", "close": 6.497, "volume": 30726, "typical_volume": 55117.5, "trend": 5.9984, "fair_value": 5.338285, "relative_strength": -3.765713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.363974, "energy": 71.858524, "activity_lines": [ 6.409667, 6.366073, 6.259348, 6.141667 ] } ], "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." } } }