{ "ticker": { "uuid": "8d3aa473-4c02-4691-b498-01fe336c3223", "symbol": "KRW", "name": "Amundi MSCI Korea UCITS ETF", "exchange": "PAR", "country": "FR", "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": "^FCHI", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 2.73, "architecture_energy": 23.494, "architecture_maturity": 65.452, "architecture_confidence": 73.725, "architecture_tenure": "New", "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": 58.22, "rotation_up": 14.71, "upward_expansion": 42.34, "deceleration": 87.92, "rotation_down": 46.85, "downward_expansion": 36.34 }, "activity_lines": [ 160.050001, 170.657056, 173.271725, 164.682309 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 160.259995, "trend_reference": 151.811034, "distance_from_trend": 0.055654, "trend_direction": "Improving", "fair_value": 80.604232, "distance_from_fair_value": 0.988233, "fair_value_direction": "Weakening", "relative_strength": 23.523447, "relative_strength_direction": "Weakening", "price_momentum": 0.365263, "excess_performance": 0.311951, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.055654, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.243515, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.988233, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.552979, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.235234, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.6884, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.365263, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.703049, "read": "Supply-led" } ], "volume": { "latest": 104930, "relative_activity": 1.493647, "balance": 0.703049, "dry_up": 2.205596, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.117281, "annualized_volatility": 0.541736, "from_high_reference": -0.238417, "from_low_reference": 1.461524 }, "levels": { "trend_reference": 151.811034, "fair_value_reference": 80.604232, "structural_low": 110.509003, 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"direction": 34.828474, "energy": 24.808009, "activity_lines": [ 178.454002, 184.146438, 174.44293, 162.574952 ] }, { "date": "2026-07-24", "close": 162.490005, "volume": 138412, "typical_volume": 63711.8, "trend": 148.055534, "fair_value": 79.36818, "relative_strength": 33.658715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.873553, "energy": 26.016803, "activity_lines": [ 170.599337, 180.037311, 174.583226, 163.665001 ] }, { "date": "2026-07-31", "close": 153.520004, "volume": 203161, "typical_volume": 69194.1, "trend": 149.956201, "fair_value": 79.959482, "relative_strength": 22.718048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.707021, "energy": 21.32233, "activity_lines": [ 162.82267, 174.506657, 173.677864, 164.017548 ] }, { "date": "2026-08-07", "close": 160.259995, "volume": 104930, "typical_volume": 70250.85, "trend": 151.811034, "fair_value": 80.604232, "relative_strength": 23.523447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.729792, "energy": 23.493717, "activity_lines": [ 160.050001, 170.657056, 173.271725, 164.682309 ] } ], "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." } } }