{ "ticker": { "uuid": "3265b967-de49-4bd2-a55d-5a1f7c098be1", "symbol": "MINV", "name": "MATTHEWS ASIAN FUNDS ASIA INNOVATORS ACTIVE ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 6.184, "architecture_energy": 20.677, "architecture_maturity": 66.282, "architecture_confidence": 79.377, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 56.1, "rotation_up": 15.6, "upward_expansion": 45.96, "deceleration": 87.79, "rotation_down": 44.75, "downward_expansion": 30.96 }, "activity_lines": [ 48.73676, 50.680056, 51.083531, 48.936396 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 49.45, "trend_reference": 45.87323, "distance_from_trend": 0.077971, "trend_direction": "Improving", "fair_value": 31.177687, "distance_from_fair_value": 0.58607, "fair_value_direction": "Weakening", "relative_strength": 7.168059, "relative_strength_direction": "Weakening", "price_momentum": 0.309472, "excess_performance": 0.183848, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.077971, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.13633, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.58607, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.205061, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.071681, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.206938, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.309472, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.715115, "read": "Supply-led" } ], "volume": { "latest": 88790, "relative_activity": 1.340317, "balance": 0.715115, "dry_up": 0.771551, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.087444, "annualized_volatility": 0.391693, "from_high_reference": -0.189743, "from_low_reference": 0.531261 }, "levels": { "trend_reference": 45.87323, "fair_value_reference": 31.177687, "structural_low": 36.28, "invalidation": "A sustained loss 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10.01037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.047226, "energy": 26.155409, "activity_lines": [ 52.29098, 53.231453, 51.103879, 48.30497 ] }, { "date": "2026-07-24", "close": 48.16, "volume": 29636, "typical_volume": 63260.15, "trend": 45.10668, "fair_value": 30.854584, "relative_strength": 10.106445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.921031, "energy": 22.613818, "activity_lines": [ 50.398467, 52.290765, 51.124732, 48.529593 ] }, { "date": "2026-07-31", "close": 47.4346, "volume": 59931, "typical_volume": 64071.0, "trend": 45.472473, "fair_value": 31.007291, "relative_strength": 6.842829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.349345, "energy": 20.952598, "activity_lines": [ 48.9652, 51.254369, 51.029118, 48.679781 ] }, { "date": "2026-08-07", "close": 49.45, "volume": 88790, "typical_volume": 66245.5, "trend": 45.87323, "fair_value": 31.177687, "relative_strength": 7.168059, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.184306, "energy": 20.67675, "activity_lines": [ 48.73676, 50.680056, 51.083531, 48.936396 ] } ], "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." } } }