{ "ticker": { "uuid": "3a6648c5-c504-49e9-9d1c-bc77619c5980", "symbol": "102960", "name": "Kodex Shipbuilding", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 89.849, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.155, "architecture_energy": 65.026, "architecture_maturity": 16.053, "architecture_confidence": 86.313, "architecture_tenure": "New", "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": 21.38, "rotation_up": 11.24, "upward_expansion": 13.34, "deceleration": 40.87, "rotation_down": 72.25, "downward_expansion": 89.01 }, "activity_lines": [ 13209.333333, 13945.909091, 15659.025958, 16157.248301 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 13590.0, "trend_reference": 16485.928385, "distance_from_trend": -0.175661, "trend_direction": "Improving", "fair_value": 9854.895361, "distance_from_fair_value": 0.37901, "fair_value_direction": "Weakening", "relative_strength": -26.521933, "relative_strength_direction": "Weakening", "price_momentum": -0.115465, "excess_performance": -0.345293, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.175661, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.016294, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.37901, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.97173, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.265219, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.140668, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.115465, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.338279, "read": "Supply-led" } ], "volume": { "latest": 31626, "relative_activity": 0.277475, "balance": 0.338279, "dry_up": 0.514209, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.153931, "annualized_volatility": 0.526475, "from_high_reference": -0.382273, "from_low_reference": 0.305358 }, "levels": { "trend_reference": 16485.928385, "fair_value_reference": 9854.895361, 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16613.48314 ] }, { "date": "2026-07-31", "close": 12400.0, "volume": 72367, "typical_volume": 115859.4, "trend": 16514.906901, "fair_value": 9817.22979, "relative_strength": -36.962494, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.255353, "energy": 77.687868, "activity_lines": [ 13221.666667, 14237.909091, 15957.787974, 16345.951972 ] }, { "date": "2026-08-07", "close": 13590.0, "volume": 31626, "typical_volume": 113977.9, "trend": 16485.928385, "fair_value": 9854.895361, "relative_strength": -26.521933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.155138, "energy": 65.026296, "activity_lines": [ 13209.333333, 13945.909091, 15659.025958, 16157.248301 ] } ], "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." } } }