{ "ticker": { "uuid": "7ee0930f-fbfe-49e5-b472-5e926a254284", "symbol": "018670", "name": "SK Gas 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": "2026-09-18", "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": 64.976, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 10.363, "architecture_energy": 12.981, "architecture_maturity": 16.504, "architecture_confidence": 43.553, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 51.32, "rotation_up": 47.43, "upward_expansion": 42.11, "deceleration": 28.1, "rotation_down": 21.9, "downward_expansion": 17.11 }, "activity_lines": [ 239833.333333, 237661.752841, 232721.55744, 236320.297749 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 240500.0, "trend_reference": 238992.882292, "distance_from_trend": 0.006306, "trend_direction": "Improving", "fair_value": 200331.097456, "distance_from_fair_value": 0.200513, "fair_value_direction": "Improving", "relative_strength": -19.853415, "relative_strength_direction": "Improving", "price_momentum": -0.048021, "excess_performance": -0.240547, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006306, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.018772, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.200513, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.070256, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.198534, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.366889, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.048021, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.67753, "read": "Demand-led" } ], "volume": { "latest": 37271, "relative_activity": 0.754481, "balance": 1.67753, "dry_up": 1.117267, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.091792, "annualized_volatility": 0.489654, "from_high_reference": -0.203642, "from_low_reference": 0.221986 }, "levels": { "trend_reference": 238992.882292, "fair_value_reference": 200331.097456, "structural_low": 196810.811499, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.020833, "positive_rate": 0.526316, "directional_follow_through": 0.526316, "median_excess_return": 0.019282, "regime_survival": 0.473684, "best_return": 0.214706, "worst_return": -0.086274, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.079559, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.029942, "regime_survival": 0.111111, "best_return": 0.298116, "worst_return": -0.146979, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.001496, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.125538, "regime_survival": 0.166667, "best_return": 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] }, { "date": "2026-09-04", "close": 238500.0, "volume": 60277, "typical_volume": 56489.9, "trend": 238192.746875, "fair_value": 198849.522436, "relative_strength": -20.393897, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.19864, "energy": 10.377928, "activity_lines": [ 235266.666667, 233362.244318, 231623.466518, 235682.902856 ] }, { "date": "2026-09-11", "close": 246500.0, "volume": 63857, "typical_volume": 55151.1, "trend": 238927.632292, "fair_value": 199668.652845, "relative_strength": -19.226094, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.710191, "energy": 12.253861, "activity_lines": [ 239166.666667, 236329.89375, 232426.083408, 236218.854671 ] }, { "date": "2026-09-18", "close": 240500.0, "volume": 37271, "typical_volume": 49399.55, "trend": 238992.882292, "fair_value": 200331.097456, "relative_strength": -19.853415, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.362642, "energy": 12.981243, "activity_lines": [ 239833.333333, 237661.752841, 232721.55744, 236320.297749 ] } ], "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." } } }