{
  "ticker": {
    "uuid": "4ac2a4db-906f-428a-a3f1-f17c4188a1a4",
    "symbol": "236350",
    "name": "Mirae Asset Tiger Synth-India Leverage 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -61.224,
    "architecture_energy": 68.14,
    "architecture_maturity": 13.075,
    "architecture_confidence": 83.148,
    "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": 18.12,
        "rotation_up": 11.48,
        "upward_expansion": 16.77,
        "deceleration": 34.87,
        "rotation_down": 75.0,
        "downward_expansion": 90.11
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 30850.0,
    "trend_reference": 34797.333333,
    "distance_from_trend": -0.113438,
    "trend_direction": "Weakening",
    "fair_value": 37641.321527,
    "distance_from_fair_value": -0.180422,
    "fair_value_direction": "Weakening",
    "relative_strength": -37.187642,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.245352,
    "excess_performance": -0.475181,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.113438,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.093917,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.180422,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.076045,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.371876,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.190679,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.245352,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.527767,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8507,
      "relative_activity": 0.692586,
      "balance": 0.527767,
      "dry_up": 1.627887,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.077609,
      "annualized_volatility": 0.311209,
      "from_high_reference": -0.324276,
      "from_low_reference": 0.045231
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    "levels": {
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      "fair_value_reference": 37641.321527,
      "structural_low": 29515.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 15,
        "median_return": 0.056273,
        "positive_rate": 0.533333,
        "directional_follow_through": 0.466667,
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        "regime_survival": 0.666667,
        "best_return": 0.192541,
        "worst_return": -0.114698,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
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        "regime_survival": 0.4,
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        "worst_return": -0.051458,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
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        "directional_follow_through": 0.333333,
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      {
        "horizon": "Full cycle",
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        "date": "2026-03-27",
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        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "volume": 31142,
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        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "energy": 16.861156,
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          34434.903226
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      },
      {
        "date": "2026-07-24",
        "close": 29515.0,
        "volume": 23861,
        "typical_volume": 13421.55,
        "trend": 35596.333333,
        "fair_value": 37603.281688,
        "relative_strength": -45.689837,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "direction": -71.72059,
        "energy": 49.940442,
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      },
      {
        "date": "2026-07-31",
        "close": 30705.0,
        "volume": 16471,
        "typical_volume": 13620.35,
        "trend": 35184.166667,
        "fair_value": 37624.150866,
        "relative_strength": -41.62541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.33705,
        "energy": 63.312666,
        "activity_lines": [
          31453.0,
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          33037.309524,
          33698.763441
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      },
      {
        "date": "2026-08-07",
        "close": 30850.0,
        "volume": 8507,
        "typical_volume": 12282.95,
        "trend": 34797.333333,
        "fair_value": 37641.321527,
        "relative_strength": -37.187642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.224363,
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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."
    }
  }
}