{
  "ticker": {
    "uuid": "7be3dc56-351c-4223-b165-f62951d8d415",
    "symbol": "225050",
    "name": "Mirae Asset Tiger SYNTH-EURO STOXX 50 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.991,
    "architecture_energy": 59.498,
    "architecture_maturity": 31.447,
    "architecture_confidence": 74.99,
    "architecture_tenure": "Developing",
    "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": 8.05,
        "rotation_up": 62.33,
        "upward_expansion": 82.28,
        "deceleration": 55.64,
        "rotation_down": 20.59,
        "downward_expansion": 8.94
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 17015.0,
    "trend_reference": 14880.333333,
    "distance_from_trend": 0.143456,
    "trend_direction": "Improving",
    "fair_value": 12063.234413,
    "distance_from_fair_value": 0.410484,
    "fair_value_direction": "Improving",
    "relative_strength": -4.200234,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.154342,
    "excess_performance": -0.075487,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.143456,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.050606,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.410484,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.156059,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.042002,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.384186,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.154342,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.586956,
        "read": "Demand-led"
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    ],
    "volume": {
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      "balance": 1.586956,
      "dry_up": 1.071264,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
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      "annualized_volatility": 0.307772,
      "from_high_reference": -0.004389,
      "from_low_reference": 0.448853
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    "levels": {
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      "fair_value_reference": 12063.234413,
      "structural_low": 12005.0,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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    "outcomes": [
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        "sample_count": 28,
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        "sufficient": true
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        "fair_value": 11367.088717,
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      },
      {
        "date": "2026-04-03",
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      },
      {
        "date": "2026-04-10",
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      },
      {
        "date": "2026-04-17",
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "relative_strength": -40.756247,
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      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 11847.412648,
        "relative_strength": -32.295948,
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 11889.517954,
        "relative_strength": -27.113295,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.355407,
        "energy": 77.895446,
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      },
      {
        "date": "2026-07-17",
        "close": 15965.0,
        "volume": 34421,
        "typical_volume": 14604.35,
        "trend": 14668.5,
        "fair_value": 11931.771929,
        "relative_strength": -19.720216,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.104617,
        "energy": 70.264195,
        "activity_lines": [
          16042.666667,
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          15070.404762,
          14863.83871
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      },
      {
        "date": "2026-07-24",
        "close": 15495.0,
        "volume": 1739,
        "typical_volume": 14284.25,
        "trend": 14726.166667,
        "fair_value": 11969.027037,
        "relative_strength": -19.746551,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.967678,
        "energy": 51.987267,
        "activity_lines": [
          15861.0,
          15735.363636,
          15157.642857,
          14917.16129
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      },
      {
        "date": "2026-07-31",
        "close": 16315.0,
        "volume": 20542,
        "typical_volume": 14666.35,
        "trend": 14805.333333,
        "fair_value": 12014.438815,
        "relative_strength": -13.48404,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.488859,
        "energy": 48.68154,
        "activity_lines": [
          15991.666667,
          15883.545455,
          15316.214286,
          15019.666667
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      },
      {
        "date": "2026-08-07",
        "close": 17015.0,
        "volume": 5421,
        "typical_volume": 14497.6,
        "trend": 14880.333333,
        "fair_value": 12063.234413,
        "relative_strength": -4.200234,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.990848,
        "energy": 59.497562,
        "activity_lines": [
          16320.0,
          16125.090909,
          15529.166667,
          15162.225806
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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."
    }
  }
}