{ "ticker": { "uuid": "f2079f38-02e1-46df-99cf-2e62e7fc7aec", "symbol": "EMUEUA", "name": "UBS Core MSCI EMU UCITS ETF EUR dis", "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": 80.885, "architecture_energy": 61.63, "architecture_maturity": 59.223, "architecture_confidence": 67.364, "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": 13.46, "rotation_up": 53.8, "upward_expansion": 80.99, "deceleration": 67.57, "rotation_down": 26.95, "downward_expansion": 9.99 }, "activity_lines": [ 218.676666, 217.769091, 213.649857, 209.682156 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 223.300003, "trend_reference": 205.547374, "distance_from_trend": 0.086368, "trend_direction": "Improving", "fair_value": 169.314197, "distance_from_fair_value": 0.31885, "fair_value_direction": "Improving", "relative_strength": -3.012925, "relative_strength_direction": "Improving", "price_momentum": 0.110895, "excess_performance": -0.059997, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.086368, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043199, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.31885, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.06829, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030129, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.02008, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.110895, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.87977, "read": "Demand-led" } ], "volume": { "latest": 4344, "relative_activity": 0.618676, "balance": 1.87977, "dry_up": 1.537895, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.021995, "annualized_volatility": 0.162961, "from_high_reference": -0.002902, "from_low_reference": 0.256421 }, "levels": { "trend_reference": 205.547374, "fair_value_reference": 169.314197, "structural_low": 182.259995, 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91.244971, "activity_lines": [ 217.226666, 213.598183, 207.78381, 205.073027 ] }, { "date": "2026-07-10", "close": 216.350006, "volume": 18667, "typical_volume": 7138.45, "trend": 202.541108, "fair_value": 167.270332, "relative_strength": -4.424814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.856516, "energy": 83.426328, "activity_lines": [ 217.443335, 214.692729, 208.969477, 206.018892 ] }, { "date": "2026-07-17", "close": 214.399994, "volume": 5327, "typical_volume": 7066.7, "trend": 203.260517, "fair_value": 167.758526, "relative_strength": -3.823562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.126315, "energy": 65.749634, "activity_lines": [ 216.586666, 215.154546, 209.919429, 206.783981 ] }, { "date": "2026-07-24", "close": 216.300003, "volume": 11833, "typical_volume": 6281.45, "trend": 204.043259, "fair_value": 168.245472, "relative_strength": -2.722801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.044321, "energy": 55.871821, "activity_lines": [ 216.37, 215.765455, 211.011286, 207.625239 ] }, { "date": "2026-07-31", "close": 217.399994, "volume": 21689, "typical_volume": 7079.45, "trend": 204.774524, "fair_value": 168.764559, "relative_strength": -2.843019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.155043, "energy": 49.946127, "activity_lines": [ 216.616665, 216.310908, 212.107619, 208.486963 ] }, { "date": "2026-08-07", "close": 223.300003, "volume": 4344, "typical_volume": 7021.45, "trend": 205.547374, "fair_value": 169.314197, "relative_strength": -3.012925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.88545, "energy": 61.629754, "activity_lines": [ 218.676666, 217.769091, 213.649857, 209.682156 ] } ], "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." } } }