{ "ticker": { "uuid": "e3dbfc97-d895-4971-9134-ebe11a8efcf9", "symbol": "VEVE", "name": "Vanguard FTSE Developed World UCITS ETF USD Distributing", "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": 82.416, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.438, "architecture_energy": 63.359, "architecture_maturity": 91.211, "architecture_confidence": 58.424, "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": 23.7, "rotation_up": 51.14, "upward_expansion": 82.12, "deceleration": 71.46, "rotation_down": 29.42, "downward_expansion": 11.12 }, "activity_lines": [ 124.235332, 123.955012, 122.234198, 119.690105 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 126.629997, "trend_reference": 116.671059, "distance_from_trend": 0.085359, "trend_direction": "Improving", "fair_value": 97.797775, "distance_from_fair_value": 0.294815, "fair_value_direction": "Improving", "relative_strength": -3.186102, "relative_strength_direction": "Weakening", "price_momentum": 0.141929, "excess_performance": -0.028963, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085359, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04475, "read": "Rising" 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"Re-accelerating", "gate": "up", "direction": 67.724215, "energy": 79.372747, "activity_lines": [ 122.872588, 121.799831, 118.191027, 116.148888 ] }, { "date": "2026-07-03", "close": 124.620003, "volume": 1805, "typical_volume": 19142.05, "trend": 114.23649, "fair_value": 96.251707, "relative_strength": -3.490882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.729855, "energy": 80.157304, "activity_lines": [ 123.519712, 122.577236, 119.058073, 116.851508 ] }, { "date": "2026-07-10", "close": 124.82, "volume": 41056, "typical_volume": 20173.4, "trend": 114.792669, "fair_value": 96.572599, "relative_strength": -2.886131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.424817, "energy": 81.557253, "activity_lines": [ 124.090352, 123.213197, 119.87865, 117.534315 ] }, { "date": "2026-07-17", "close": 123.050003, "volume": 186113, "typical_volume": 29149.3, "trend": 115.272743, "fair_value": 96.874763, "relative_strength": -2.832895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.966089, "energy": 65.384109, "activity_lines": [ 123.882002, 123.353857, 120.470928, 118.067047 ] }, { "date": "2026-07-24", "close": 123.5, "volume": 23289, "typical_volume": 26422.85, "trend": 115.752194, "fair_value": 97.171631, "relative_strength": -2.262013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.025051, "energy": 63.632782, "activity_lines": [ 123.751335, 123.489128, 121.055857, 118.597837 ] }, { "date": "2026-07-31", "close": 122.239998, "volume": 40158, "typical_volume": 25834.2, "trend": 116.187652, "fair_value": 97.469033, "relative_strength": -3.833949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.603912, "energy": 51.816185, "activity_lines": [ 123.240667, 123.324524, 121.464259, 119.016405 ] }, { "date": "2026-08-07", "close": 126.629997, "volume": 25970, "typical_volume": 25483.25, "trend": 116.671059, "fair_value": 97.797775, "relative_strength": -3.186102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.437577, "energy": 63.359403, "activity_lines": [ 124.235332, 123.955012, 122.234198, 119.690105 ] } ], "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." } } }