{
  "ticker": {
    "symbol": "0153K0",
    "name": "Samsung Kodex Korea Shareholder Return High Dividend Etf",
    "exchange": "KSC"
  },
  "latest_week": "2026-08-07",
  "latest_close": 12500.0,
  "latest_open": 11835.0,
  "latest_high": 12500.0,
  "latest_low": 11670.0,
  "bar_count": 29,
  "analysis_bar_count": 29,
  "reversal_percent": 8.57630939862637,
  "model": {
    "version": "ewc-2.1.0",
    "as_of": "2026-08-07",
    "price_basis": "weekly OHLCV; Elliott pivots use weekly closes",
    "wave_method": "constraint-based Elliott candidate enumeration",
    "cycle_method": "adaptive Hurst-style phasing with nominal harmonic bands, trough spacing, FLD and cyclic trend-line confirmation",
    "repainting_policy": "only the final active pivot is provisional; confirmed pivots are retained"
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      "date": "2026-02-27",
      "price": 12557.68457,
      "kind": "high",
      "move_percent": null,
      "weeks": 0,
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      "date": "2026-04-03",
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      "kind": "low",
      "move_percent": -10.964059682540663,
      "weeks": 5,
      "confirmed": true
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    {
      "index": 19,
      "date": "2026-06-05",
      "price": 12341.288086,
      "kind": "high",
      "move_percent": 10.37877516899788,
      "weeks": 9,
      "confirmed": true
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    {
      "index": 22,
      "date": "2026-06-26",
      "price": 10860.736328,
      "kind": "low",
      "move_percent": -11.996736059338431,
      "weeks": 3,
      "confirmed": true
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    {
      "index": 28,
      "date": "2026-08-07",
      "price": 12500.0,
      "kind": "high",
      "move_percent": 15.093485584157154,
      "weeks": 6,
      "confirmed": false
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    "phase": "rising",
    "trend_bias": "bearish",
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    "slope": 4.014594066309069,
    "dominant_period_weeks": 13,
    "period_basis": "median confirmed trough-to-trough and crest-to-crest spacing",
    "weeks_since_turn": 6,
    "estimated_weeks_to_next_turn": 0,
    "series": [
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      {
        "date": "2026-02-13",
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      {
        "date": "2026-02-20",
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  "hurst": {
    "status": "mixed",
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    "alignment_score": 75,
    "risk_score": 25,
    "trough_alignment": 0,
    "crest_alignment": 0,
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    "nearest_crest_window": 18,
    "method": "adaptive Hurst-style phasing with nominal harmonic bands, trough spacing, FLD and cyclic trend-line confirmation",
    "explanation": "Nominal cycles are starting bands, not fixed clocks. Each period adapts to the strongest nearby repeat in detrended weekly prices; projected turns are future intervals and require price confirmation.",
    "cycles": [
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        "amplitude": 1.891,
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          "weeks_since_cross": 0,
          "displacement": 4,
          "explanation": "Median price displaced forward by half the estimated wavelength; a price cross confirms a cyclic turn after it begins."
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          "state": "price above",
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          "explanation": "A provisional line through the latest two phased troughs; it is supporting evidence, not a standalone signal."
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          "explanation": "Median price displaced forward by half the estimated wavelength; a price cross confirms a cyclic turn after it begins."
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    ]
  },
  "structure": {
    "primary": null,
    "alternates": [],
    "degrees": [
      {
        "key": "strategic",
        "label": "Strategic",
        "reversal_percent": 13.722095037802191,
        "primary": null,
        "candidate_count": 0,
        "explanation": "Strategic degree uses a 13.7% weekly closing-price reversal threshold."
      },
      {
        "key": "primary",
        "label": "Primary",
        "reversal_percent": 8.57630939862637,
        "primary": null,
        "candidate_count": 0,
        "explanation": "Primary degree uses a 8.6% weekly closing-price reversal threshold."
      },
      {
        "key": "tactical",
        "label": "Tactical",
        "reversal_percent": 6.003416579038459,
        "primary": null,
        "candidate_count": 0,
        "explanation": "Tactical degree uses a 6.0% weekly closing-price reversal threshold."
      }
    ],
    "stability": {
      "score": 0,
      "changes": null,
      "observations": 0,
      "label": "Unavailable"
    },
    "method": "constraint-based Elliott candidate enumeration",
    "explanation": "Counts must pass hard Elliott geometry rules. Fibonacci relationships, alternation and cycle evidence rank admissible interpretations; evidence weights compare scenarios and are not forecast probabilities."
  },
  "scenario": {
    "setup": "warming",
    "title": "Needs more weekly history",
    "direction": "neutral",
    "confidence": 20,
    "labels": [],
    "notes": [
      "At least 65 weekly bars gives the wave and cycle model enough context."
    ],
    "metrics": {}
  },
  "detail": {
    "summary": "The closing-price swing map is classified as needs more weekly history. 1 of 3 available confirmation measures are constructive.",
    "returns": [
      {
        "weeks": 4,
        "label": "4-week return",
        "value": 2.1179420735119137
      },
      {
        "weeks": 13,
        "label": "13-week return",
        "value": 2.5351823844556662
      },
      {
        "weeks": 26,
        "label": "26-week return",
        "value": 14.237306223285469
      },
      {
        "weeks": 52,
        "label": "52-week return",
        "value": null
      }
    ],
    "range": {
      "high_52": 13494.306929,
      "low_52": 10144.269974,
      "position_52": 70.3195235647781,
      "drawdown": -7.368343807737028
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    "risk": {
      "annualised_volatility": 34.69713272154649,
      "average_weekly_range": 5.622097514232775,
      "active_drawdown": -3.946688008206471
    },
    "levels": {
      "support": {
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        "date": "2026-06-26",
        "price": 10860.736328,
        "kind": "low",
        "move_percent": -11.996736059338431,
        "weeks": 3,
        "confirmed": true
      },
      "resistance": {
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        "date": "2026-02-27",
        "price": 12557.68457,
        "kind": "high",
        "move_percent": null,
        "weeks": 0,
        "confirmed": true
      },
      "decisive": {
        "index": 22,
        "date": "2026-06-26",
        "price": 10860.736328,
        "kind": "low",
        "move_percent": -11.996736059338431,
        "weeks": 3,
        "confirmed": true
      },
      "decisive_label": "Nearest confirmed structure level",
      "trend": null,
      "fair_value": 11846.518858,
      "trend_gap": null,
      "fair_value_gap": 5.51622928079587
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    "active_swing": {
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        "date": "2026-06-26",
        "price": 10860.736328,
        "kind": "low",
        "move_percent": -11.996736059338431,
        "weeks": 3,
        "confirmed": true
      },
      "to": {
        "index": 28,
        "date": "2026-08-07",
        "price": 12500.0,
        "kind": "high",
        "move_percent": 15.093485584157154,
        "weeks": 6,
        "confirmed": false
      },
      "move_percent": 15.093485584157154,
      "weeks": 6,
      "status": "Forming"
    },
    "confirmation": {
      "rows": [
        {
          "label": "Trend",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The 30-week trend line is not available."
        },
        {
          "label": "Cycle pressure",
          "status": "positive",
          "value": "Rising",
          "explanation": "The medium-term pressure curve is turning higher."
        },
        {
          "label": "Cycle alignment",
          "status": "neutral",
          "value": "Mixed",
          "explanation": "Cycle lengths are not moving in one clear direction."
        },
        {
          "label": "Relative strength",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        },
        {
          "label": "Market activity",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        },
        {
          "label": "Market dynamics",
          "status": "negative",
          "value": "-0.0",
          "explanation": "Price and volume behaviour is weak"
        },
        {
          "label": "30-week momentum",
          "status": "neutral",
          "value": "Unavailable",
          "explanation": "The reading is neutral or unavailable."
        }
      ],
      "positive": 1,
      "negative": 1,
      "neutral": 1,
      "observed": 3,
      "agreement": 33,
      "direction": "mixed",
      "scenario_direction": "neutral"
    },
    "evidence": {
      "score": 33,
      "history_score": 11,
      "indicator_coverage": 34,
      "structure_score": 67,
      "weekly_observations": 29,
      "confirmed_pivots": 4
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    "volume_ratio": 46.85956623052188,
    "historical": {
      "available": false,
      "matches": 0,
      "horizons": [],
      "note": "At least 90 weekly observations are required."
    },
    "lifecycle": {
      "state": "observing",
      "label": "Observing",
      "now": "No rule-valid primary Elliott count is dominant.",
      "next": "Wait for a valid swing structure or a confirmed cycle turn.",
      "wrong": "No active thesis to invalidate.",
      "risk": "Forcing a wave count where the geometry does not support one."
    },
    "peer_evidence": {
      "available": true,
      "peers": 24,
      "constructive_count": 10,
      "constructive_percent": 42,
      "rising_cycle_count": 1,
      "rising_cycle_percent": 4,
      "horizons": [
        {
          "weeks": 4,
          "observations": 0,
          "positive_rate": null,
          "median_return": null,
          "average_return": null,
          "median_excess_return": null,
          "excess_observations": 0,
          "p10": null,
          "p90": null
        },
        {
          "weeks": 13,
          "observations": 0,
          "positive_rate": null,
          "median_return": null,
          "average_return": null,
          "median_excess_return": null,
          "excess_observations": 0,
          "p10": null,
          "p90": null
        },
        {
          "weeks": 26,
          "observations": 0,
          "positive_rate": null,
          "median_return": null,
          "average_return": null,
          "median_excess_return": null,
          "excess_observations": 0,
          "p10": null,
          "p90": null
        }
      ],
      "benchmark": "^KS11",
      "explanation": "Breadth shows whether peers share the structure. Cohort outcomes use non-overlapping, point-in-time trend and momentum states from the same sector and report benchmark excess return when matching benchmark bars exist; they are context, not a backtest of the Elliott count."
    },
    "event_positioning": {
      "earnings_date": null,
      "earnings_weeks": null,
      "options_available": false,
      "options_direction": null,
      "options_conviction": null,
      "expected_move": null,
      "invalidation_distance": null,
      "collision": false,
      "flags": [],
      "explanation": "Event and positioning context tests whether a scheduled catalyst or the options-implied move could overwhelm the technical structure."
    },
    "downside_vulnerability": {
      "score": 14,
      "label": "Contained",
      "tone": "contained",
      "components": [
        {
          "key": "wave",
          "label": "Wave maturity",
          "score": 0,
          "maximum": 25,
          "bar_width": 0,
          "explanation": "The primary count is not presently a mature Wave 5."
        },
        {
          "key": "extension",
          "label": "Trend extension",
          "score": 0,
          "maximum": 20,
          "bar_width": 0,
          "explanation": "Price is 0.0% above the 30-week trend; large positive gaps increase snap-back vulnerability."
        },
        {
          "key": "range",
          "label": "Range position",
          "score": 0,
          "maximum": 15,
          "bar_width": 0,
          "explanation": "Price is 70% of the way through its 52-week low-to-high range."
        },
        {
          "key": "cycle",
          "label": "Cycle rollover",
          "score": 0,
          "maximum": 15,
          "bar_width": 0,
          "explanation": "Medium-term cycle pressure is rising."
        },
        {
          "key": "hurst",
          "label": "Multi-cycle risk",
          "score": 4,
          "maximum": 15,
          "bar_width": 25,
          "explanation": "Hurst risk alignment is 25/100."
        },
        {
          "key": "stability",
          "label": "Count instability",
          "score": 10,
          "maximum": 10,
          "bar_width": 100,
          "explanation": "The primary interpretation has unavailable recent stability."
        },
        {
          "key": "event",
          "label": "Event proximity",
          "score": 0,
          "maximum": 10,
          "bar_width": 0,
          "explanation": "No upcoming stored earnings date is available."
        }
      ],
      "warnings": [
        "The primary interpretation has unavailable recent stability."
      ],
      "explanation": "This is a pre-emptive vulnerability checklist, not a probability of decline. It rises when mature wave structure, overextension, cycle rollover, count instability and event risk cluster before price breaks down."
    }
  },
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