{ "ticker": { "uuid": "e349bdfa-1b98-42b3-b962-13c246cf49c7", "symbol": "WLDH", "name": "Amundi MSCI World Swap II UCITS ETF EUR Hedged Dist", "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": 66.423, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.677, "architecture_energy": 65.724, "architecture_maturity": 61.252, "architecture_confidence": 59.514, "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": 15.37, "rotation_up": 55.5, "upward_expansion": 81.65, "deceleration": 69.02, "rotation_down": 27.42, "downward_expansion": 10.65 }, "activity_lines": [ 264.249996, 262.924361, 260.160332, 255.629957 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 270.649994, "trend_reference": 250.619333, "distance_from_trend": 0.079925, "trend_direction": "Improving", "fair_value": 208.53028, "distance_from_fair_value": 0.297893, "fair_value_direction": "Improving", "relative_strength": -4.587673, "relative_strength_direction": "Weakening", "price_momentum": 0.113511, "excess_performance": -0.057381, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079925, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033315, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.297893, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019414, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.045877, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015764, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.113511, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.672948, "read": "Supply-led" } ], "volume": { "latest": 2130, "relative_activity": 0.654006, "balance": 0.672948, "dry_up": 1.448869, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.016314, "annualized_volatility": 0.122437, "from_high_reference": -0.000554, "from_low_reference": 0.213737 }, "levels": { "trend_reference": 250.619333, "fair_value_reference": 208.53028, "structural_low": 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250.776668 ] }, { "date": "2026-07-10", "close": 263.649994, "volume": 2516, "typical_volume": 3528.3, "trend": 247.645001, "fair_value": 205.979217, "relative_strength": -5.660818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.43025, "energy": 67.864011, "activity_lines": [ 261.876666, 261.096545, 255.717429, 251.863893 ] }, { "date": "2026-07-17", "close": 261.149994, "volume": 6642, "typical_volume": 3802.8, "trend": 248.383334, "fair_value": 206.599081, "relative_strength": -5.093608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.856038, "energy": 60.924171, "activity_lines": [ 261.826664, 261.276908, 256.761429, 252.735183 ] }, { "date": "2026-07-24", "close": 261.049988, "volume": 5115, "typical_volume": 3749.5, "trend": 249.058667, "fair_value": 207.208837, "relative_strength": -4.836436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.595945, "energy": 59.690327, "activity_lines": [ 261.659994, 261.342178, 257.719284, 253.552387 ] }, { "date": "2026-07-31", "close": 260.350006, "volume": 4988, "typical_volume": 3794.25, "trend": 249.739, "fair_value": 207.830521, "relative_strength": -5.610923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.704648, "energy": 51.052591, "activity_lines": [ 261.31333, 261.200543, 258.510047, 254.28086 ] }, { "date": "2026-08-07", "close": 270.649994, "volume": 2130, "typical_volume": 3256.85, "trend": 250.619333, "fair_value": 208.53028, "relative_strength": -4.587673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.67654, "energy": 65.724256, "activity_lines": [ 264.249996, 262.924361, 260.160332, 255.629957 ] } ], "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." } } }