{"ticker": {"uuid": "20da97e8-f805-43ae-9e62-5e7e35647cf3", "symbol": "FNM", "name": "FNM S.p.A.", "exchange": "MIL", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "FNM closed the latest completed week at 0.48 EUR. The 4-week return is -1.2% and the 12-week return is 7.3%. Trend Signal is active, Market Dynamics is 0.13.", "description": "FNM S.p.A. engages in the railway mobility business in Italy. It operates through the Freeways, Railway infrastructure Energy, RO.S.CO., and Mobility and Services segments. The company is involved in the design, construction, and management of motorways and the ring roads, terminal management activity, the renewable energy business, the development of new plants, the rental of rolling stock of rolling stock with an owned fleet in the public transport and freight transport sector, the sale of tickets, subcontracting activities, and car-sharing business. It also provides technical and administrative support services for infrastructure investments; and the management, maintenance, design, and construction services of systems carried construction of facilities carried out on the railway infrastructure. The company was formerly known as Ferrovie Nord Milano. FNM S.p.A. was incorporated in 1877 and is headquartered in Milan, Italy. FNM S.p.A. is a subsidiary of Regione Lombardia.", "setup_signature": "Balanced read", "composite_score": "50", "kpis": [{"label": "Latest Close", "value": "0.48 EUR", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-0.8%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "-1.2%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "7.3%", "tone": "positive", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "76.9%", "hint": "40 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.6x", "hint": "vs 13-week average"}], "classification": {"exchange": "MIL", "country": "IT", "sector": "Industrials", "industry": "Railroads", "currency": "EUR", "market_cap": "219.6M"}, "price": {"trend_line": "0.48 EUR", "fair_value": "0.41 EUR", "vs_trend": "0.6%", "vs_fair_value": "16.0%", "high_52": "0.52 EUR", "low_52": "0.36 EUR", "drawdown": "-8.6%", "range_position": "71.8%"}, "momentum": {"returns": [{"label": "1W", "value": -0.8298755186721999, "value_label": "-0.8%", "tone": "negative", "width": 4}, {"label": "4W", "value": -1.2053770730336157, "value_label": "-1.2%", "tone": "negative", "width": 4}, {"label": "12W", "value": 7.274706284996123, "value_label": "7.3%", "tone": "positive", "width": 20.784875099988923}, {"label": "26W", "value": 4.5816842026959295, "value_label": "4.6%", "tone": "positive", "width": 13.090526293416941}, {"label": "52W", "value": 25.919369454806006, "value_label": "25.9%", "tone": "positive", "width": 74.05534129944573}], "trend_streak": 10, "active_weeks": 40, "active_breadth": "76.9%", "peer": {"scope": "IT Industrials", "count": 56, "rank": 39, "percentile": 30.909090909090907, "avg_weekly_return": 0.37109793945025077}}, "setup": {"scores": [{"label": "Trend", "value": 76.92307692307693, "value_label": "77", "width": 76.92307692307693, "tone": "positive", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 53.774868388519195, "value_label": "54", "width": 53.774868388519195, "tone": "neutral", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 63.39933867330302, "value_label": "63", "width": 63.39933867330302, "tone": "neutral", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 10.429594980871753, "value_label": "10", "width": 10.429594980871753, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 26.56268651050091, "value_label": "27", "width": 26.56268651050091, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 66.95161579563086, "value_label": "67", "width": 66.95161579563086, "tone": "neutral", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 1.1904465471447527, "return_label": "1.2%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 9.92038789287294}, {"week": "6 Mar", "return": -4.902011044648187, "return_label": "-4.9%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 40.85009203873489}, {"week": "13 Mar", "return": -1.0309389501285127, "return_label": "-1.0%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 8.591157917737606}, {"week": "20 Mar", "return": -2.9165241376906184, "return_label": "-2.9%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 24.304367814088486}, {"week": "27 Mar", "return": -1.072971486921695, "return_label": "-1.1%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 8.941429057680793}, {"week": "3 Apr", "return": 6.073674467563826, "return_label": "6.1%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 50.61395389636522}, {"week": "10 Apr", "return": 8.793417982492707, "return_label": "8.8%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 73.27848318743922}, {"week": "17 Apr", "return": -0.5637978112535423, "return_label": "-0.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 4.698315093779519}, {"week": "24 Apr", "return": -3.5917560421094183, "return_label": "-3.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 29.931300350911823}, {"week": "1 May", "return": -0.5881182880590213, "return_label": "-0.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 4.900985733825178}, {"week": "8 May", "return": -0.3946046630595987, "return_label": "-0.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "15 May", "return": 0.1979804339002056, "return_label": "0.2%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "22 May", "return": 0.7905636667272986, "return_label": "0.8%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 6.588030556060821}, {"week": "29 May", "return": 2.94120662678891, "return_label": "2.9%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 24.510055223240915}, {"week": "5 Jun", "return": -3.984063745019924, "return_label": "-4.0%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 33.20053120849937}, {"week": "12 Jun", "return": -0.8298755186721999, "return_label": "-0.8%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 6.915629322268332}]}, "groups": {"sector": {"scope": "IT Industrials", "count": 56, "avg_weekly_return": 0.37109793945025077, "avg_four_week_return": 2.420125813608607, "avg_twelve_week_return": 11.99858534641702, "trend_breadth": 42.857142857142854, "positive_md_breadth": 64.28571428571429, "positive_rs_breadth": 26.785714285714285, "week_rank": 39, "four_week_rank": 34, "twelve_week_rank": 31, "top_peers": [{"id": 38954, "symbol": "FDA", "name": "Fidia S.p.A.", "exchange": "MIL", "url": "/terminal/f0e07e21-95e6-4bdc-aadc-db050f82c28d/report/", "weekly_return": 29.999999999999993, "weekly_return_label": "30.0%", "weekly_return_tone": "positive", "four_week_return": 44.44444444444443, "four_week_return_label": "44.4%", "four_week_return_tone": "positive", "twelve_week_return": -63.38028169014085, "twelve_week_return_label": "-63.4%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 38869, "symbol": "ESPE", "name": "Espe S.p.A.", "exchange": "MIL", "url": "/terminal/7215bdc9-54f4-4831-a681-96aee1debb26/report/", "weekly_return": -0.33670033670034444, "weekly_return_label": "-0.3%", "weekly_return_tone": "negative", "four_week_return": 33.93665158371041, "four_week_return_label": "33.9%", "four_week_return_tone": "positive", "twelve_week_return": 111.42857142857143, "twelve_week_return_label": "111.4%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 39966, "symbol": "OS", "name": "Officina Stellare S.p.A.", "exchange": "MIL", "url": "/terminal/8216ceb5-5902-435d-ad3c-cdb3f8879b1c/report/", "weekly_return": -5.708247477975634, "weekly_return_label": "-5.7%", "weekly_return_tone": "negative", "four_week_return": 29.275356521739127, "four_week_return_label": "29.3%", "four_week_return_tone": "positive", "twelve_week_return": 95.6140348953524, "twelve_week_return_label": "95.6%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 38013, "symbol": "AVIO", "name": "Avio S.p.A.", "exchange": "MIL", "url": "/terminal/cea21281-5599-4d00-b38b-d09419ec8901/report/", "weekly_return": -2.4256651017214574, "weekly_return_label": "-2.4%", "weekly_return_tone": "negative", "four_week_return": 24.27935580704508, "four_week_return_label": "24.3%", "four_week_return_tone": "positive", "twelve_week_return": 7.41287211051907, "twelve_week_return_label": "7.4%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false}, {"id": 39734, "symbol": "MARE", "name": "Mare Group S.p.A.", "exchange": "MIL", "url": "/terminal/1594f3af-bb09-4645-b89a-1a63fe74fb76/report/", "weekly_return": 2.0833333333333353, "weekly_return_label": "2.1%", "weekly_return_tone": "positive", "four_week_return": 19.114143254812202, "four_week_return_label": "19.1%", "four_week_return_tone": "positive", "twelve_week_return": 15.970395598095122, "twelve_week_return_label": "16.0%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}]}, "industry": {"scope": "IT Railroads", "count": 1, "avg_weekly_return": -0.8298755186721999, "avg_four_week_return": -1.2053770730336157, "avg_twelve_week_return": 7.274706284996123, "trend_breadth": 100.0, "positive_md_breadth": 100.0, "positive_rs_breadth": 0.0, "week_rank": 1, "four_week_rank": 1, "twelve_week_rank": 1, "top_peers": [{"id": 38994, "symbol": "FNM", "name": "FNM S.p.A.", "exchange": "MIL", "url": "/terminal/20da97e8-f805-43ae-9e62-5e7e35647cf3/report/", "weekly_return": -0.8298755186721999, "weekly_return_label": "-0.8%", "weekly_return_tone": "negative", "four_week_return": -1.2053770730336157, "four_week_return_label": "-1.2%", "four_week_return_tone": "negative", "twelve_week_return": 7.274706284996123, "twelve_week_return_label": "7.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false}]}}, "dynamics": {"market_dynamics": "0.13", "market_dynamics_tone": "positive", "md_4_change": "139.2%", "relative_strength": "-9.59", "rs_4_change": "-134.9%", "expectation": "Negative", "expectation_probability": "40.19%"}, "volume": {"latest": "816.3K", "average_13": "1.3M", "average_52": "1.6M", "ratio_13": "0.6x", "ratio_52": "0.5x"}, "risk": {"volatility_13": "3.5%", "volatility_52": "3.7%", "downside_weeks": 26, "upside_weeks": 25, "downside_breadth": "50.0%", "average_gain": "2.8%", "average_loss": "-1.7%"}, "signals": [{"label": "Trend Signal", "value": "Active", "tone": "positive"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "0.6%", "tone": "positive"}, {"label": "Volume", "value": "0.6x", "tone": "neutral"}], "opportunities": ["Trend Signal is active with a 10-week active streak.", "Price is above the Trend Line, keeping the weekly tape constructive.", "Price is above Fair Value, showing premium demand versus the model.", "Market Dynamics is positive on the latest completed week."], "risks": ["No major top-level risk cluster is currently dominant."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "0.48 EUR", "weekly_return": -0.8298755186721999, "weekly_return_label": "-0.8%", "weekly_return_tone": "negative", "trend_line": "0.48 EUR", "fair_value": "0.41 EUR", "market_dynamics": "0.13", "relative_strength": "-9.59", "volume": "816.3K", "trend_signal": "On"}, {"week": "2026-06-05", "close": "0.48 EUR", "weekly_return": -3.984063745019924, "weekly_return_label": "-4.0%", "weekly_return_tone": "negative", "trend_line": "0.47 EUR", "fair_value": "0.41 EUR", "market_dynamics": "0.07", "relative_strength": "-5.97", "volume": "1.5M", "trend_signal": "On"}, {"week": "2026-05-29", "close": "0.50 EUR", "weekly_return": 2.94120662678891, "weekly_return_label": "2.9%", "weekly_return_tone": "positive", "trend_line": "0.47 EUR", "fair_value": "0.41 EUR", "market_dynamics": "0.00", "relative_strength": "-2.35", "volume": "3.2M", "trend_signal": "On"}, {"week": "2026-05-22", "close": "0.49 EUR", "weekly_return": 0.7905636667272986, "weekly_return_label": "0.8%", "weekly_return_tone": "positive", "trend_line": "0.47 EUR", "fair_value": "0.41 EUR", "market_dynamics": "-0.31", "relative_strength": "-4.14", "volume": "678.8K", "trend_signal": "On"}, {"week": "2026-05-15", "close": "0.48 EUR", "weekly_return": 0.1979804339002056, "weekly_return_label": "0.2%", "weekly_return_tone": "positive", "trend_line": "0.47 EUR", "fair_value": "0.41 EUR", "market_dynamics": "-0.32", "relative_strength": "-4.08", "volume": "551.1K", "trend_signal": "On"}, {"week": "2026-05-08", "close": "0.48 EUR", "weekly_return": -0.3946046630595987, "weekly_return_label": "-0.4%", "weekly_return_tone": "negative", "trend_line": "0.47 EUR", "fair_value": "0.41 EUR", "market_dynamics": "-0.13", "relative_strength": "-4.46", "volume": "467.6K", "trend_signal": "On"}, {"week": "2026-05-01", "close": "0.48 EUR", "weekly_return": -0.5881182880590213, "weekly_return_label": "-0.6%", "weekly_return_tone": "negative", "trend_line": "0.47 EUR", "fair_value": "0.41 EUR", "market_dynamics": "0.09", "relative_strength": "-1.90", "volume": "381.7K", "trend_signal": "On"}, {"week": "2026-04-24", "close": "0.49 EUR", "weekly_return": -3.5917560421094183, "weekly_return_label": "-3.6%", "weekly_return_tone": "negative", "trend_line": "0.47 EUR", "fair_value": "0.41 EUR", "market_dynamics": "0.01", "relative_strength": "-0.01", "volume": "1.1M", "trend_signal": "On"}, {"week": "2026-04-17", "close": "0.51 EUR", "weekly_return": -0.5637978112535423, "weekly_return_label": "-0.6%", "weekly_return_tone": "negative", "trend_line": "0.46 EUR", "fair_value": "0.41 EUR", "market_dynamics": "-0.23", "relative_strength": "1.26", "volume": "2.5M", "trend_signal": "On"}, {"week": "2026-04-10", "close": "0.51 EUR", "weekly_return": 8.793417982492707, "weekly_return_label": "8.8%", "weekly_return_tone": "positive", "trend_line": "0.46 EUR", "fair_value": "0.41 EUR", "market_dynamics": "-0.64", "relative_strength": "4.61", "volume": "3.1M", "trend_signal": "On"}, {"week": "2026-04-03", "close": "0.47 EUR", "weekly_return": 6.073674467563826, "weekly_return_label": "6.1%", "weekly_return_tone": "positive", "trend_line": "0.46 EUR", "fair_value": "0.40 EUR", "market_dynamics": "-0.95", "relative_strength": "0.39", "volume": "1.1M", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "0.44 EUR", "weekly_return": -1.072971486921695, "weekly_return_label": "-1.1%", "weekly_return_tone": "negative", "trend_line": "0.46 EUR", "fair_value": "0.40 EUR", "market_dynamics": "-0.99", "relative_strength": "-0.50", "volume": "600.0K", "trend_signal": "Off"}, {"week": "2026-03-20", "close": "0.45 EUR", "weekly_return": -2.9165241376906184, "weekly_return_label": "-2.9%", "weekly_return_tone": "negative", "trend_line": "0.46 EUR", "fair_value": "0.40 EUR", "market_dynamics": "-0.52", "relative_strength": "1.90", "volume": "704.2K", "trend_signal": "Off"}, {"week": "2026-03-13", "close": "0.46 EUR", "weekly_return": -1.0309389501285127, "weekly_return_label": "-1.0%", "weekly_return_tone": "negative", "trend_line": "0.46 EUR", "fair_value": "0.40 EUR", "market_dynamics": "-0.10", "relative_strength": "1.50", "volume": "1.6M", "trend_signal": "On"}], "chart_url": "/terminal/20da97e8-f805-43ae-9e62-5e7e35647cf3/", "api_path": "/terminal/20da97e8-f805-43ae-9e62-5e7e35647cf3/report/api/"}