{ "ticker": { "uuid": "902b097a-523b-4b0e-94cf-07b85eb9e734", "symbol": "226380", "name": "KINDEX Korean Culture 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -46.791, "architecture_energy": 36.331, "architecture_maturity": 60.649, "architecture_confidence": 59.204, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.17, "rotation_up": 25.17, "upward_expansion": 16.58, "deceleration": 66.48, "rotation_down": 41.92, "downward_expansion": 66.58 }, "activity_lines": [ 5711.0, 5677.909091, 5898.445617, 6097.954422 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5995.0, "trend_reference": 6346.367871, "distance_from_trend": -0.055365, "trend_direction": "Weakening", "fair_value": 6062.042455, "distance_from_fair_value": -0.011059, "fair_value_direction": "Weakening", "relative_strength": -29.072055, "relative_strength_direction": "Improving", "price_momentum": -0.121695, "excess_performance": -0.351524, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.055365, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.041211, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.011059, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.101536, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.290721, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.201387, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.121695, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.88642, "read": "Supply-led" } ], "volume": { "latest": 13335, "relative_activity": 2.457657, "balance": 0.88642, "dry_up": 0.951409, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.062899, "annualized_volatility": 0.3002, "from_high_reference": -0.182268, "from_low_reference": 0.153994 }, "levels": { "trend_reference": 6346.367871, "fair_value_reference": 6062.042455, 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6038.908271, 6231.89993 ] }, { "date": "2026-07-24", "close": 5545.0, "volume": 3766, "typical_volume": 5082.8, "trend": 6395.754378, "fair_value": 6064.373951, "relative_strength": -40.880539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.878562, "energy": 53.694273, "activity_lines": [ 5585.666667, 5666.272727, 5972.256789, 6175.132591 ] }, { "date": "2026-07-31", "close": 5565.0, "volume": 2796, "typical_volume": 5171.25, "trend": 6360.507243, "fair_value": 6062.983367, "relative_strength": -38.658504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.444162, "energy": 49.381271, "activity_lines": [ 5588.333333, 5626.181818, 5912.262944, 6121.535534 ] }, { "date": "2026-08-07", "close": 5995.0, "volume": 13335, "typical_volume": 5425.9, "trend": 6346.367871, "fair_value": 6062.042455, "relative_strength": -29.072055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.790784, "energy": 36.330916, "activity_lines": [ 5711.0, 5677.909091, 5898.445617, 6097.954422 ] } ], "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." } } }