{ "ticker": { "uuid": "5b403b9c-a83b-4799-aa2c-a4adc6b60539", "symbol": "2822", "name": "CSOP ETF Series - CSOP FTSE China A50 ETF", "exchange": "HKG", "country": "HK", "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": "^HSI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 49.456, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 15.608, "architecture_energy": 13.436, "architecture_maturity": 37.076, "architecture_confidence": 85.999, "architecture_tenure": "Developing", "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": 60.54, "rotation_up": 24.03, "upward_expansion": 42.3, "deceleration": 82.98, "rotation_down": 29.47, "downward_expansion": 29.3 }, "activity_lines": [ 15.652, 15.71, 15.81419, 15.680946 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 15.87, "trend_reference": 15.478333, "distance_from_trend": 0.025304, "trend_direction": "Improving", "fair_value": 12.907467, "distance_from_fair_value": 0.229521, "fair_value_direction": "Weakening", "relative_strength": 4.749443, "relative_strength_direction": "Weakening", "price_momentum": 0.069407, "excess_performance": 0.102988, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.025304, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.018615, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.229521, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.051558, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.047494, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.030973, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.069407, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.984367, "read": "Supply-led" } ], "volume": { "latest": 9514325, "relative_activity": 0.785899, "balance": 0.984367, "dry_up": 1.36906, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.03805, "annualized_volatility": 0.129769, "from_high_reference": -0.045126, "from_low_reference": 0.179859 }, "levels": { "trend_reference": 15.478333, "fair_value_reference": 12.907467, "structural_low": 14.32, "invalidation": "A sustained loss of 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42.169454, "energy": 27.514509, "activity_lines": [ 15.948, 16.017818, 15.833143, 15.627553 ] }, { "date": "2026-07-10", "close": 15.7, "volume": 11248332, "typical_volume": 12110275.35, "trend": 15.427333, "fair_value": 12.816793, "relative_strength": 11.15412, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.94428, "energy": 19.519995, "activity_lines": [ 15.843333, 15.956909, 15.844857, 15.646774 ] }, { "date": "2026-07-17", "close": 15.16, "volume": 22326103, "typical_volume": 12700906.05, "trend": 15.435333, "fair_value": 12.839228, "relative_strength": 5.371048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.362606, "energy": 17.603001, "activity_lines": [ 15.579333, 15.802, 15.801143, 15.629527 ] }, { "date": "2026-07-24", "close": 15.71, "volume": 18443842, "typical_volume": 12507403.1, "trend": 15.455, "fair_value": 12.860833, "relative_strength": 7.103406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.472383, "energy": 18.944319, "activity_lines": [ 15.566, 15.764182, 15.808762, 15.647247 ] }, { "date": "2026-07-31", "close": 15.57, "volume": 16012660, "typical_volume": 12502941.25, "trend": 15.462667, "fair_value": 12.881658, "relative_strength": 2.163152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.229065, "energy": 16.177183, "activity_lines": [ 15.548667, 15.707455, 15.798667, 15.654667 ] }, { "date": "2026-08-07", "close": 15.87, "volume": 9514325, "typical_volume": 12106290.7, "trend": 15.478333, "fair_value": 12.907467, "relative_strength": 4.749443, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.607745, "energy": 13.436055, "activity_lines": [ 15.652, 15.71, 15.81419, 15.680946 ] } ], "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." } } }