{ "ticker": { "uuid": "e9c12890-4bea-4216-b146-87af3d10c956", "symbol": "DXUS", "name": "Ailis D-X MSCI USA Screened UCITS ETF X EUR 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": 88.975, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.056, "architecture_energy": 63.844, "architecture_maturity": 85.306, "architecture_confidence": 59.206, "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": 23.92, "rotation_up": 51.97, "upward_expansion": 82.0, "deceleration": 71.38, "rotation_down": 29.11, "downward_expansion": 11.0 }, "activity_lines": [ 6.564067, 6.540855, 6.446133, 6.290778 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 6.715, "trend_reference": 6.110433, "distance_from_trend": 0.09894, "trend_direction": "Improving", "fair_value": 5.655196, "distance_from_fair_value": 0.187404, "fair_value_direction": "Improving", "relative_strength": -3.029417, "relative_strength_direction": "Weakening", "price_momentum": 0.16398, "excess_performance": -0.006912, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09894, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039313, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.187404, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.056874, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030294, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.004801, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.16398, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.828142, "read": "Supply-led" } ], "volume": { "latest": 849801, "relative_activity": 1.543441, "balance": 0.828142, "dry_up": 2.001596, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.020173, "annualized_volatility": 0.128015, "from_high_reference": -0.00297, "from_low_reference": 0.236193 }, "levels": { "trend_reference": 6.110433, "fair_value_reference": 5.655196, "structural_low": 5.453, "invalidation": 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64.382891, "energy": 64.331273, "activity_lines": [ 6.537667, 6.507727, 6.343305, 6.196529 ] }, { "date": "2026-07-24", "close": 6.513, "volume": 1259342, "typical_volume": 537896.25, "trend": 6.065367, "fair_value": 5.635916, "relative_strength": -2.706481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.001452, "energy": 63.60684, "activity_lines": [ 6.532533, 6.513509, 6.377457, 6.226834 ] }, { "date": "2026-07-31", "close": 6.427, "volume": 1419311, "typical_volume": 547106.4, "trend": 6.0855, "fair_value": 5.644156, "relative_strength": -4.519661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.928948, "energy": 52.488093, "activity_lines": [ 6.499667, 6.500927, 6.399757, 6.250166 ] }, { "date": "2026-08-07", "close": 6.715, "volume": 849801, "typical_volume": 550588.6, "trend": 6.110433, "fair_value": 5.655196, "relative_strength": -3.029417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.056498, "energy": 63.84415, "activity_lines": [ 6.564067, 6.540855, 6.446133, 6.290778 ] } ], "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." } } }