{ "ticker": { "uuid": "a99b8900-a2df-472c-87b2-d44b2b3b2967", "symbol": "AGIX", "name": "KRANESHARES ARTIFICIAL INTELLIGENCE AND TECHNOLOGY ETF", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "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": 41.146, "architecture_energy": 23.722, "architecture_maturity": 73.701, "architecture_confidence": 91.497, "architecture_tenure": "Developing", "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": 46.14, "rotation_up": 25.19, "upward_expansion": 54.68, "deceleration": 90.95, "rotation_down": 30.34, "downward_expansion": 18.35 }, "activity_lines": [ 43.444667, 43.968091, 43.7985, 41.955485 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 45.34, "trend_reference": 39.649333, "distance_from_trend": 0.143525, "trend_direction": "Improving", "fair_value": 32.424025, "distance_from_fair_value": 0.398346, "fair_value_direction": "Weakening", "relative_strength": 4.919295, "relative_strength_direction": "Weakening", "price_momentum": 0.333922, "excess_performance": 0.146468, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.143525, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.075874, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.398346, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.015234, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.049193, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.002422, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.333922, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.878933, "read": "Demand-led" } ], "volume": { "latest": 775956, "relative_activity": 0.479139, "balance": 1.878933, "dry_up": 0.460173, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.072308, "annualized_volatility": 0.300072, "from_high_reference": -0.087175, "from_low_reference": 0.468027 }, "levels": { "trend_reference": 39.649333, "fair_value_reference": 32.424025, "structural_low": 30.885, "invalidation": "A 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"directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-13", "tenure": "New", "return": -0.057033, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.015398, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.179541, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.074944, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-03", "tenure": 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"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." } } }