{ "ticker": { "uuid": "f30370c5-d0cf-45a4-80c0-43db18e3ed9a", "symbol": "VERE", "name": "Vanguard FTSE Developed Europe ex UK UCITS ETF Accuimulation", "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": 82.771, "architecture_energy": 68.549, "architecture_maturity": 42.895, "architecture_confidence": 76.413, "architecture_tenure": "Developing", "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": 12.94, "rotation_up": 57.51, "upward_expansion": 82.99, "deceleration": 63.52, "rotation_down": 26.02, "downward_expansion": 11.99 }, "activity_lines": [ 61.155334, 60.829273, 59.662667, 58.638409 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 62.240002, "trend_reference": 57.614334, "distance_from_trend": 0.080287, "trend_direction": "Improving", "fair_value": 48.656026, "distance_from_fair_value": 0.279184, "fair_value_direction": "Improving", "relative_strength": -3.512281, "relative_strength_direction": "Improving", "price_momentum": 0.096933, "excess_performance": -0.073958, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080287, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041235, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.279184, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.068349, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.035123, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.019864, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.096933, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.024384, "read": "Demand-led" } ], "volume": { "latest": 39582, "relative_activity": 2.929168, "balance": 3.024384, "dry_up": 1.484435, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.01839, "annualized_volatility": 0.155292, "from_high_reference": -0.003043, "from_low_reference": 0.24642 }, "levels": { "trend_reference": 57.614334, "fair_value_reference": 48.656026, "structural_low": 51.009998, 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expansion", "gate": "up", "direction": 67.371167, "energy": 86.040646, "activity_lines": [ 60.608666, 59.834, 58.33919, 57.641441 ] }, { "date": "2026-07-17", "close": 60.25, "volume": 12663, "typical_volume": 13050.5, "trend": 57.004667, "fair_value": 48.255449, "relative_strength": -3.558504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.579857, "energy": 82.558598, "activity_lines": [ 60.57, 60.043636, 58.628571, 57.863871 ] }, { "date": "2026-07-24", "close": 60.52, "volume": 2860, "typical_volume": 12722.3, "trend": 57.215, "fair_value": 48.380449, "relative_strength": -2.863197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.824053, "energy": 71.750822, "activity_lines": [ 60.570666, 60.241818, 58.934095, 58.090667 ] }, { "date": "2026-07-31", "close": 60.880001, "volume": 25132, "typical_volume": 12998.65, "trend": 57.415, "fair_value": 48.513718, "relative_strength": -2.900116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.233944, "energy": 58.292179, "activity_lines": [ 60.666667, 60.434182, 59.249095, 58.327118 ] }, { "date": "2026-08-07", "close": 62.240002, "volume": 39582, "typical_volume": 13513.05, "trend": 57.614334, "fair_value": 48.656026, "relative_strength": -3.512281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.771344, "energy": 68.548954, "activity_lines": [ 61.155334, 60.829273, 59.662667, 58.638409 ] } ], "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." } } }