{ "ticker": { "uuid": "8da846a0-1ec4-4585-b84b-9f1e48d96684", "symbol": "196030", "name": "KINDEX Japan 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 60.686, "architecture_energy": 38.003, "architecture_maturity": 71.265, "architecture_confidence": 57.672, "architecture_tenure": "Established", "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": 22.39, "rotation_up": 43.35, "upward_expansion": 71.36, "deceleration": 70.8, "rotation_down": 26.14, "downward_expansion": 9.36 }, "activity_lines": [ 87493.333333, 87299.454545, 84940.095238, 82533.580645 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 89000.0, "trend_reference": 79680.0, "distance_from_trend": 0.116968, "trend_direction": "Improving", "fair_value": 49718.403521, "distance_from_fair_value": 0.790082, "fair_value_direction": "Improving", "relative_strength": 3.772277, "relative_strength_direction": "Improving", "price_momentum": 0.18976, "excess_performance": -0.040069, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.116968, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.110399, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.790082, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.032766, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.037723, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.314141, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.18976, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.622892, "read": "Demand-led" } ], "volume": { "latest": 798, "relative_activity": 0.25878, "balance": 3.622892, "dry_up": 0.439894, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.062494, "annualized_volatility": 0.30363, "from_high_reference": -0.039914, "from_low_reference": 0.764467 }, "levels": { "trend_reference": 79680.0, "fair_value_reference": 49718.403521, "structural_low": 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"trend": 78230.833333, "fair_value": 48975.679162, "relative_strength": -5.94233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.356772, "energy": 47.26074, "activity_lines": [ 87497.0, 86783.0, 83649.785714, 81385.139785 ] }, { "date": "2026-07-31", "close": 86005.0, "volume": 1496, "typical_volume": 3277.7, "trend": 78973.333333, "fair_value": 49340.929487, "relative_strength": -5.009885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.227939, "energy": 38.04524, "activity_lines": [ 87014.333333, 86803.909091, 84188.761905, 81886.698925 ] }, { "date": "2026-08-07", "close": 89000.0, "volume": 798, "typical_volume": 3083.7, "trend": 79680.0, "fair_value": 49718.403521, "relative_strength": 3.772277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.685509, "energy": 38.003255, "activity_lines": [ 87493.333333, 87299.454545, 84940.095238, 82533.580645 ] } ], "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." } } }