{
  "ticker": {
    "uuid": "5b012808-8cf4-479e-921f-f88ed722f8c8",
    "symbol": "025890",
    "name": "Hankook Steel Co., Ltd.",
    "exchange": "KSC",
    "country": "KR",
    "assetType": "equity"
  },
  "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": "2026-10-09",
    "benchmark": "^KS11",
    "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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 63.989,
    "architecture_energy": 59.221,
    "architecture_maturity": 82.637,
    "architecture_confidence": 82.513,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 8.4,
        "rotation_up": 56.44,
        "upward_expansion": 83.82,
        "deceleration": 68.66,
        "rotation_down": 25.07,
        "downward_expansion": 10.48
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 2630.0,
    "trend_reference": 2232.333333,
    "distance_from_trend": 0.178139,
    "trend_direction": "Improving",
    "fair_value": 2114.929487,
    "distance_from_fair_value": 0.24354,
    "fair_value_direction": "Improving",
    "relative_strength": 12.870551,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.311721,
    "excess_performance": 0.180798,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.178139,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.141333,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.24354,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.209417,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.128706,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.395134,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.311721,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.924775,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 64274,
      "relative_activity": 1.027233,
      "balance": 1.924775,
      "dry_up": 2.105474,
      "accumulation_observations": 6,
      "distribution_observations": 2
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    "risk": {
      "range_context": 0.051185,
      "annualized_volatility": 0.279003,
      "from_high_reference": -0.057348,
      "from_low_reference": 0.760375
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    "levels": {
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      "fair_value_reference": 2114.929487,
      "structural_low": 1854.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 14,
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        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
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        "worst_return": -0.308399,
        "sufficient": true
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        "worst_return": -0.149254,
        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-09-18",
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      },
      {
        "date": "2026-09-25",
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        "volume": 164122,
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        "fair_value": 2115.762821,
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      },
      {
        "date": "2026-10-02",
        "close": 2625.0,
        "volume": 117219,
        "typical_volume": 70577.05,
        "trend": 2200.0,
        "fair_value": 2114.833333,
        "relative_strength": 5.819389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.543802,
        "energy": 64.334627,
        "activity_lines": [
          2631.333333,
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          2452.042857,
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      },
      {
        "date": "2026-10-09",
        "close": 2630.0,
        "volume": 64274,
        "typical_volume": 62570.0,
        "trend": 2232.333333,
        "fair_value": 2114.929487,
        "relative_strength": 12.870551,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
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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."
    }
  }
}