{ "ticker": { "uuid": "e7071e73-e231-4cc8-9c11-d6e6a514c6aa", "symbol": "EQQQ", "name": "Invesco EQQQ NASDAQ-100 UCITS ETF", "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": 91.226, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 47.377, "architecture_energy": 30.59, "architecture_maturity": 68.978, "architecture_confidence": 81.456, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 28.12, "rotation_up": 31.45, "upward_expansion": 62.19, "deceleration": 85.49, "rotation_down": 30.88, "downward_expansion": 21.19 }, "activity_lines": [ 614.203325, 620.342542, 615.221816, 595.874404 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 628.809998, "trend_reference": 571.78623, "distance_from_trend": 0.099729, "trend_direction": "Improving", "fair_value": 466.026955, "distance_from_fair_value": 0.3493, "fair_value_direction": "Weakening", "relative_strength": -1.459391, "relative_strength_direction": "Weakening", "price_momentum": 0.219202, "excess_performance": 0.048311, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099729, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05953, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.3493, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.01664, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.014594, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.053841, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.219202, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.206372, "read": "Demand-led" } ], "volume": { "latest": 29305, "relative_activity": 1.305171, "balance": 1.206372, "dry_up": 1.481617, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.034312, "annualized_volatility": 0.189013, "from_high_reference": -0.029195, "from_low_reference": 0.30889 }, "levels": { "trend_reference": 571.78623, "fair_value_reference": 466.026955, "structural_low": 491.940002, "invalidation": "A 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21023.65, "trend": 566.423578, "fair_value": 462.468177, "relative_strength": -1.209904, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.307788, "energy": 40.418819, "activity_lines": [ 619.346668, 625.343332, 610.710846, 590.072631 ] }, { "date": "2026-07-31", "close": 596.349976, "volume": 46743, "typical_volume": 22260.65, "trend": 568.808921, "fair_value": 464.117387, "relative_strength": -3.800627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.909304, "energy": 27.577327, "activity_lines": [ 610.308659, 619.642092, 611.596782, 592.003367 ] }, { "date": "2026-08-07", "close": 628.809998, "volume": 29305, "typical_volume": 22453.0, "trend": 571.78623, "fair_value": 466.026955, "relative_strength": -1.459391, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.377046, "energy": 30.589531, "activity_lines": [ 614.203325, 620.342542, 615.221816, 595.874404 ] } ], "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." } } }