{ "ticker": { "uuid": "8ad12e9b-96dc-4169-8f66-9f2f6ea0901f", "symbol": "217780", "name": "Mirae Asset Tiger China CSI300 Inverse 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": "2026-08-21", "benchmark": "^KS11", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 34.731, "architecture_energy": 53.016, "architecture_maturity": 8.421, "architecture_confidence": 66.608, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 29.49, "rotation_up": 73.27, "upward_expansion": 56.76, "deceleration": 13.57, "rotation_down": 14.67, "downward_expansion": 24.76 }, "activity_lines": [ 5290.666667, 5160.272727, 5024.5, 5047.236559 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 5395.0, "trend_reference": 5112.5, "distance_from_trend": 0.055257, "trend_direction": "Weakening", "fair_value": 7188.914144, "distance_from_fair_value": -0.249539, "fair_value_direction": "Improving", "relative_strength": -28.138251, "relative_strength_direction": "Improving", "price_momentum": -0.00185, "excess_performance": -0.191988, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.055257, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.032937, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.249539, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.09944, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.281383, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.305288, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.00185, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.051297, "read": "Demand-led" } ], "volume": { "latest": 707, "relative_activity": 0.175759, "balance": 4.051297, "dry_up": 0.924662, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.053753, "annualized_volatility": 0.16115, "from_high_reference": -0.179898, "from_low_reference": 0.196231 }, "levels": { "trend_reference": 5112.5, "fair_value_reference": 7188.914144, "structural_low": 4510.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.024902, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.036493, "regime_survival": 0.285714, "best_return": 0.088876, "worst_return": -0.008884, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.014286, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.022923, "regime_survival": 0.0, "best_return": 0.121232, "worst_return": -0.204104, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.034462, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.159878, "regime_survival": 0.0, "best_return": 0.096572, "worst_return": -0.236964, "sufficient": true }, { "horizon": "Full 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5007.655914 ] }, { "date": "2026-07-24", "close": 5060.0, "volume": 3307, "typical_volume": 4721.0, "trend": 5129.166667, "fair_value": 7267.034612, "relative_strength": -36.406572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.659863, "energy": 17.087481, "activity_lines": [ 4963.666667, 4876.272727, 4910.619048, 5001.989247 ] }, { "date": "2026-07-31", "close": 5285.0, "volume": 6268, "typical_volume": 4164.8, "trend": 5119.333333, "fair_value": 7249.682555, "relative_strength": -31.019912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.89028, "energy": 20.549083, "activity_lines": [ 5090.0, 4958.181818, 4938.309524, 5012.043011 ] }, { "date": "2026-08-07", "close": 5225.0, "volume": 5181, "typical_volume": 4147.7, "trend": 5113.666667, "fair_value": 7230.425418, "relative_strength": -26.534512, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.440832, "energy": 29.131041, "activity_lines": [ 5163.0, 5021.545455, 4959.880952, 5018.860215 ] }, { "date": "2026-08-14", "close": 5270.0, "volume": 2722, "typical_volume": 4082.25, "trend": 5111.5, "fair_value": 7209.96731, "relative_strength": -31.988, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.639272, "energy": 38.108557, "activity_lines": [ 5218.333333, 5084.727273, 4986.02381, 5028.946237 ] }, { "date": "2026-08-21", "close": 5395.0, "volume": 707, "typical_volume": 4022.55, "trend": 5112.5, "fair_value": 7188.914144, "relative_strength": -28.138251, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.730588, "energy": 53.016333, "activity_lines": [ 5290.666667, 5160.272727, 5024.5, 5047.236559 ] } ], "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." } } }