{
  "ticker": {
    "uuid": "251fd2e0-c4dc-463f-950a-8c83422c6d23",
    "symbol": "302190",
    "name": "Mirae Asset Tiger KTB 3 - 10 ETF",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 55.841,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -34.873,
    "architecture_energy": 24.026,
    "architecture_maturity": 99.406,
    "architecture_confidence": 63.584,
    "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": 50.23,
        "rotation_up": 25.14,
        "upward_expansion": 11.26,
        "deceleration": 61.11,
        "rotation_down": 36.79,
        "downward_expansion": 65.59
      },
      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 50260.0,
    "trend_reference": 50418.166667,
    "distance_from_trend": -0.003137,
    "trend_direction": "Weakening",
    "fair_value": 50269.920072,
    "distance_from_fair_value": -0.000197,
    "fair_value_direction": "Weakening",
    "relative_strength": -23.064097,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.005934,
    "excess_performance": -0.235762,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.003137,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.007853,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.000197,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.008404,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.230641,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.259451,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.005934,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.221382,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 42588,
      "relative_activity": 0.592113,
      "balance": 1.221382,
      "dry_up": 0.530734,
      "accumulation_observations": 2,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.007415,
      "annualized_volatility": 0.043336,
      "from_high_reference": -0.044452,
      "from_low_reference": 0.014227
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    "levels": {
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      "fair_value_reference": 50269.920072,
      "structural_low": 49555.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
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        "worst_return": -0.028154,
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        "horizon": "Intermediate",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
        "close": 50260.0,
        "volume": 42588,
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        "trend": 50418.166667,
        "fair_value": 50269.920072,
        "relative_strength": -23.064097,
        "stage": 1,
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    ],
    "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."
    }
  }
}