{ "ticker": { "uuid": "f843df2f-9958-469d-b177-4e4a4cad46bc", "symbol": "XAUS", "name": "Xtrackers S&P ASX 200 UCITS ETF 1D", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 85.129, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 91.647, "architecture_energy": 86.07, "architecture_maturity": 19.627, "architecture_confidence": 62.827, "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": 8.53, "rotation_up": 82.82, "upward_expansion": 93.62, "deceleration": 41.92, "rotation_down": 9.17, "downward_expansion": 17.95 }, "activity_lines": [ 45.432, 44.889636, 44.497095, 44.200458 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 46.855, "trend_reference": 43.776026, "distance_from_trend": 0.070335, "trend_direction": "Improving", "fair_value": 38.703849, "distance_from_fair_value": 0.210603, "fair_value_direction": "Improving", "relative_strength": -4.864295, "relative_strength_direction": "Weakening", "price_momentum": 0.108866, "excess_performance": -0.062026, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070335, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036783, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.210603, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039605, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.048643, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000785, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.108866, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.00929, "read": "Demand-led" } ], "volume": { "latest": 849, "relative_activity": 0.68656, "balance": 4.00929, "dry_up": 0.711629, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.017501, "annualized_volatility": 0.154288, "from_high_reference": 0.0, "from_low_reference": 0.225935 }, "levels": { "trend_reference": 43.776026, "fair_value_reference": 38.703849, "structural_low": 41.009998, "invalidation": "A 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49.473342, "energy": 30.127447, "activity_lines": [ 44.069999, 44.034363, 43.906119, 43.628628 ] }, { "date": "2026-07-10", "close": 44.244999, "volume": 31, "typical_volume": 1240.7, "trend": 43.137417, "fair_value": 38.402119, "relative_strength": -9.03614, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.928764, "energy": 29.324423, "activity_lines": [ 44.142999, 44.075091, 43.948071, 43.70968 ] }, { "date": "2026-07-17", "close": 44.529999, "volume": 779, "typical_volume": 1229.45, "trend": 43.29218, "fair_value": 38.471207, "relative_strength": -6.937504, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.632972, "energy": 30.8049, "activity_lines": [ 44.243999, 44.165454, 44.017881, 43.799524 ] }, { "date": "2026-07-24", "close": 44.700001, "volume": 347, "typical_volume": 1189.6, "trend": 43.424164, "fair_value": 38.539778, "relative_strength": -6.257832, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.029202, "energy": 42.462146, "activity_lines": [ 44.402666, 44.281545, 44.107524, 43.890351 ] }, { "date": "2026-07-31", "close": 44.950001, "volume": 1545, "typical_volume": 1223.5, "trend": 43.574182, "fair_value": 38.616263, "relative_strength": -6.187049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.453181, "energy": 57.799781, "activity_lines": [ 44.633334, 44.423909, 44.216143, 43.988792 ] }, { "date": "2026-08-07", "close": 46.855, "volume": 849, "typical_volume": 1236.6, "trend": 43.776026, "fair_value": 38.703849, "relative_strength": -4.864295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.647055, "energy": 86.06983, "activity_lines": [ 45.432, 44.889636, 44.497095, 44.200458 ] } ], "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." } } }