{ "ticker": { "uuid": "18250a29-0fdc-48c1-84d9-98f3896e4cd2", "symbol": "167860", "name": "KOSEF 10yr KTB Leverage", "exchange": "KSC", "country": "KR", "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": "^KS11", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 81.554, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -57.024, "architecture_energy": 43.336, "architecture_maturity": 100.0, "architecture_confidence": 84.454, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 20.29, "rotation_up": 24.65, "upward_expansion": 5.9, "deceleration": 55.92, "rotation_down": 47.87, "downward_expansion": 76.9 }, "activity_lines": [ 92229.666667, 92424.363636, 93217.47619, 94467.978495 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 93615.0, "trend_reference": 96113.333333, "distance_from_trend": -0.025994, "trend_direction": "Weakening", "fair_value": 102175.320513, "distance_from_fair_value": -0.083781, "fair_value_direction": "Weakening", "relative_strength": -28.29661, "relative_strength_direction": "Improving", "price_momentum": -0.041959, "excess_performance": -0.271787, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.025994, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.033655, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.083781, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.026107, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.282966, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.243261, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.041959, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.830805, "read": "Demand-led" } ], "volume": { "latest": 867, "relative_activity": 0.889733, "balance": 4.830805, "dry_up": 1.513931, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.0221, "annualized_volatility": 0.139031, "from_high_reference": -0.166938, "from_low_reference": 0.044927 }, "levels": { "trend_reference": 96113.333333, "fair_value_reference": 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-38.119343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.03389, "energy": 77.258828, "activity_lines": [ 91555.333333, 92236.454545, 93532.333333, 94911.387097 ] }, { "date": "2026-07-31", "close": 92615.0, "volume": 4588, "typical_volume": 963.9, "trend": 96393.833333, "fair_value": 102163.76883, "relative_strength": -33.887502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.754506, "energy": 59.929971, "activity_lines": [ 91677.0, 92234.181818, 93312.357143, 94647.258065 ] }, { "date": "2026-08-07", "close": 93615.0, "volume": 867, "typical_volume": 974.45, "trend": 96113.333333, "fair_value": 102175.320513, "relative_strength": -28.29661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.024116, "energy": 43.336384, "activity_lines": [ 92229.666667, 92424.363636, 93217.47619, 94467.978495 ] } ], "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." } } }