{ "ticker": { "uuid": "a2f9ee0c-dadf-425e-897d-d5baa1fa3815", "symbol": "0008E0", "name": "Kim Ace Us Focus Manufacturing Mid-Small Cap 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 90.363, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -31.775, "architecture_energy": 49.9, "architecture_maturity": 7.66, "architecture_confidence": 78.579, "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": 32.73, "rotation_up": 14.02, "upward_expansion": 21.91, "deceleration": 56.95, "rotation_down": 74.03, "downward_expansion": 51.58 }, "activity_lines": [ 13449.0, 14104.0, 14456.880952, 14259.892473 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 13325.0, "trend_reference": 13963.833333, "distance_from_trend": -0.045749, "trend_direction": "Improving", "fair_value": 11399.717653, "distance_from_fair_value": 0.168889, "fair_value_direction": "Weakening", "relative_strength": -15.447973, "relative_strength_direction": "Improving", "price_momentum": 0.016012, "excess_performance": -0.213816, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.045749, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.078323, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.168889, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.19108, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.15448, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.150428, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.016012, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.519366, "read": "Demand-led" } ], "volume": { "latest": 3948, "relative_activity": 0.193656, "balance": 3.519366, "dry_up": 0.296603, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.056949, "annualized_volatility": 0.271495, "from_high_reference": -0.183017, "from_low_reference": 0.310902 }, "levels": { "trend_reference": 13963.833333, "fair_value_reference": 11399.717653, "structural_low": 12415.0, 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null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-17", "close": 14030.0, "volume": 5766, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-24", "close": 13930.0, "volume": 6092, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-31", "close": 12770.0, "volume": 8381, "typical_volume": 21166.0, "trend": 13927.833333, "fair_value": 11375.651624, "relative_strength": -23.734865, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.019773, "energy": 47.562655, "activity_lines": [ 13659.0, 14380.545455, 14553.404762, 14298.784946 ] }, { "date": "2026-08-07", "close": 13325.0, "volume": 3948, "typical_volume": 20386.65, "trend": 13963.833333, "fair_value": 11399.717653, "relative_strength": -15.447973, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.775068, "energy": 49.900039, "activity_lines": [ 13449.0, 14104.0, 14456.880952, 14259.892473 ] } ], "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." } } }