{ "ticker": { "uuid": "563f0c92-55cc-4512-9079-31c0a50187a0", "symbol": "143860", "name": "Mirae Asset TIGER Health Care 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.588, "architecture_energy": 54.18, "architecture_maturity": 60.819, "architecture_confidence": 93.756, "architecture_tenure": "Developing", "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": 9.26, "rotation_up": 24.61, "upward_expansion": 8.86, "deceleration": 60.22, "rotation_down": 55.08, "downward_expansion": 82.19 }, "activity_lines": [ 36627.666667, 37102.727273, 39665.835026, 42256.74349 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 39500.0, "trend_reference": 45446.908464, "distance_from_trend": -0.130854, "trend_direction": "Weakening", "fair_value": 37911.784205, "distance_from_fair_value": 0.041892, "fair_value_direction": "Weakening", "relative_strength": -31.611777, "relative_strength_direction": "Improving", "price_momentum": -0.201881, "excess_performance": -0.43171, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.130854, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.071529, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.041892, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.193724, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.316118, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.14241, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.201881, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.364378, "read": "Supply-led" } ], "volume": { "latest": 134224, "relative_activity": 0.576205, "balance": 0.364378, "dry_up": 0.662529, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.087731, "annualized_volatility": 0.352583, "from_high_reference": -0.293594, "from_low_reference": 0.223668 }, "levels": { "trend_reference": 45446.908464, "fair_value_reference": 37911.784205, 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"direction": -72.544268, "energy": 67.155863, "activity_lines": [ 35553.333333, 36862.545455, 39986.222452, 42666.583056 ] }, { "date": "2026-08-07", "close": 39500.0, "volume": 134224, "typical_volume": 232944.75, "trend": 45446.908464, "fair_value": 37911.784205, "relative_strength": -31.611777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.588297, "energy": 54.179823, "activity_lines": [ 36627.666667, 37102.727273, 39665.835026, 42256.74349 ] } ], "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." } } }