{ "ticker": { "uuid": "f7b1932f-830f-4323-ab3b-25f162c78f87", "symbol": "CHE3", "name": "WisdomTree Short CHF Long EUR 3x Daily", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 93.956, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 98.393, "architecture_energy": 99.375, "architecture_maturity": 14.068, "architecture_confidence": 55.758, "architecture_tenure": "New", "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": 3.65, "rotation_up": 91.55, "upward_expansion": 100.0, "deceleration": 39.0, "rotation_down": 8.01, "downward_expansion": 22.0 }, "activity_lines": [ 11.383733, 11.223018, 11.039295, 10.914348 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 11.606, "trend_reference": 10.787733, "distance_from_trend": 0.075852, "trend_direction": "Improving", "fair_value": 10.787226, "distance_from_fair_value": 0.075902, "fair_value_direction": "Improving", "relative_strength": -8.611354, "relative_strength_direction": "Improving", "price_momentum": 0.097806, "excess_performance": -0.073086, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075852, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.003243, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.075902, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.083636, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.086114, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.050751, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.097806, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.755435, "read": "Demand-led" } ], "volume": { "latest": 310, "relative_activity": 0.298709, "balance": 1.755435, "dry_up": 0.233426, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.008828, "annualized_volatility": 0.100433, "from_high_reference": 0.0, "from_low_reference": 0.154826 }, "levels": { "trend_reference": 10.787733, "fair_value_reference": 10.787226, "structural_low": 10.05, "invalidation": "A 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"fair_value": 10.766123, "relative_strength": -10.475206, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.863421, "energy": 93.00183, "activity_lines": [ 11.0312, 10.948727, 10.860619, 10.783045 ] }, { "date": "2026-07-24", "close": 11.306, "volume": 139, "typical_volume": 1599.7, "trend": 10.7566, "fair_value": 10.772982, "relative_strength": -8.443206, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.9027, "energy": 96.791463, "activity_lines": [ 11.129733, 11.028618, 10.913362, 10.819075 ] }, { "date": "2026-07-31", "close": 11.396, "volume": 150, "typical_volume": 1034.8, "trend": 10.768667, "fair_value": 10.779341, "relative_strength": -7.985303, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.839331, "energy": 97.61093, "activity_lines": [ 11.2352, 11.113345, 10.969219, 10.860327 ] }, { "date": "2026-08-07", "close": 11.606, "volume": 310, "typical_volume": 1037.8, "trend": 10.787733, "fair_value": 10.787226, "relative_strength": -8.611354, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.392733, "energy": 99.375204, "activity_lines": [ 11.383733, 11.223018, 11.039295, 10.914348 ] } ], "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." } } }