{ "ticker": { "uuid": "92ae85f6-6330-427d-a23f-7088a2869d33", "symbol": "261250", "name": "KODEX USD Futures", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 54.724, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -44.73, "architecture_energy": 67.048, "architecture_maturity": 8.756, "architecture_confidence": 90.835, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 23.5, "rotation_up": 14.04, "upward_expansion": 27.85, "deceleration": 49.84, "rotation_down": 75.05, "downward_expansion": 55.18 }, "activity_lines": [ 17357.0, 18087.454545, 18438.047619, 18408.172043 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 16715.0, "trend_reference": 18256.833333, "distance_from_trend": -0.084452, "trend_direction": "Improving", "fair_value": 16320.857195, "distance_from_fair_value": 0.02415, "fair_value_direction": "Weakening", "relative_strength": -24.039501, "relative_strength_direction": "Improving", "price_momentum": -0.05884, "excess_performance": -0.288669, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.084452, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.021461, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.02415, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.094765, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.240395, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.18751, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.05884, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.308419, "read": "Supply-led" } ], "volume": { "latest": 545794, "relative_activity": 2.121081, "balance": 0.308419, "dry_up": 1.570138, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.048575, "annualized_volatility": 0.181321, "from_high_reference": -0.162994, "from_low_reference": 0.099636 }, "levels": { "trend_reference": 18256.833333, "fair_value_reference": 16320.857195, "structural_low": 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"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." } } }