{ "ticker": { "uuid": "fd8b9509-59c3-4fa8-b3f1-03810d673ea2", "symbol": "EZNC", "name": "WisdomTree Zinc - EUR Daily Hedged", "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": 88.774, "architecture_energy": 87.502, "architecture_maturity": 37.597, "architecture_confidence": 75.962, "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": 5.71, "rotation_up": 80.84, "upward_expansion": 97.46, "deceleration": 39.14, "rotation_down": 13.09, "downward_expansion": 19.46 }, "activity_lines": [ 14.013067, 13.823309, 13.635067, 13.407299 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 14.39, "trend_reference": 13.142, "distance_from_trend": 0.094963, "trend_direction": "Improving", "fair_value": 11.204775, "distance_from_fair_value": 0.284274, "fair_value_direction": "Improving", "relative_strength": -0.354825, "relative_strength_direction": "Weakening", "price_momentum": 0.126683, "excess_performance": -0.044208, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094963, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.049261, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.284274, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.068443, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.003548, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009549, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.126683, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.197665, "read": "Demand-led" } ], "volume": { "latest": 401, "relative_activity": 0.193397, "balance": 3.197665, "dry_up": 0.110444, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.023403, "annualized_volatility": 0.191552, "from_high_reference": 0.0, "from_low_reference": 0.387924 }, "levels": { "trend_reference": 13.142, "fair_value_reference": 11.204775, "structural_low": 11.714, "invalidation": "A 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13.105574 ] }, { "date": "2026-07-10", "close": 13.584, "volume": 397, "typical_volume": 3510.25, "trend": 12.883067, "fair_value": 11.096973, "relative_strength": -3.683659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.468623, "energy": 37.305968, "activity_lines": [ 13.554, 13.548909, 13.336819, 13.154 ] }, { "date": "2026-07-17", "close": 13.594, "volume": 178, "typical_volume": 3482.55, "trend": 12.941133, "fair_value": 11.123755, "relative_strength": -2.317581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.243431, "energy": 37.626771, "activity_lines": [ 13.5748, 13.561345, 13.384229, 13.199867 ] }, { "date": "2026-07-24", "close": 13.878, "volume": 334, "typical_volume": 3487.7, "trend": 13.0044, "fair_value": 11.14921, "relative_strength": -0.144051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.518701, "energy": 57.44498, "activity_lines": [ 13.678, 13.618327, 13.454886, 13.26031 ] }, { "date": "2026-07-31", "close": 13.96, "volume": 3, "typical_volume": 2418.4, "trend": 13.067267, "fair_value": 11.175614, "relative_strength": -0.337627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.815257, "energy": 70.022554, "activity_lines": [ 13.795733, 13.685418, 13.527705, 13.321961 ] }, { "date": "2026-08-07", "close": 14.39, "volume": 401, "typical_volume": 2073.45, "trend": 13.142, "fair_value": 11.204775, "relative_strength": -0.354825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.774071, "energy": 87.501511, "activity_lines": [ 14.013067, 13.823309, 13.635067, 13.407299 ] } ], "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." } } }