{ "ticker": { "uuid": "ab99e141-830a-42af-9b9b-fd3b4253225e", "symbol": "2826", "name": "Global X ETF Series - Global X China Cloud Computing ETF", "exchange": "HKG", "country": "HK", "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": "^HSI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 70.735, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -26.845, "architecture_energy": 17.287, "architecture_maturity": 38.14, "architecture_confidence": 74.967, "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": 46.2, "rotation_up": 26.38, "upward_expansion": 15.83, "deceleration": 42.05, "rotation_down": 30.37, "downward_expansion": 61.17 }, "activity_lines": [ 57.553333, 56.892727, 58.150857, 58.7307 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 60.0, "trend_reference": 59.819853, "distance_from_trend": 0.003011, "trend_direction": "Weakening", "fair_value": 50.197447, "distance_from_fair_value": 0.19528, "fair_value_direction": "Weakening", "relative_strength": -0.814374, "relative_strength_direction": "Weakening", "price_momentum": -0.017049, "excess_performance": 0.016532, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.003011, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.0178, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.19528, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.14476, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.008144, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.09674, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.017049, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.328314, "read": "Supply-led" } ], "volume": { "latest": 15566, "relative_activity": 0.538096, "balance": 0.328314, "dry_up": 1.04259, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.055718, "annualized_volatility": 0.303408, "from_high_reference": -0.127872, "from_low_reference": 0.12782 }, "levels": { "trend_reference": 59.819853, "fair_value_reference": 50.197447, "structural_low": 53.200001, 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"2026-07-24", "close": 54.419998, "volume": 25608, "typical_volume": 29455.55, "trend": 60.076303, "fair_value": 50.120644, "relative_strength": -7.416934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.694001, "energy": 41.239406, "activity_lines": [ 55.715999, 56.208727, 58.196828, 58.89078 ] }, { "date": "2026-07-31", "close": 57.540001, "volume": 4600, "typical_volume": 29685.55, "trend": 59.94493, "fair_value": 50.144203, "relative_strength": -5.584142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.713014, "energy": 26.603528, "activity_lines": [ 56.364, 56.291273, 58.060191, 58.727147 ] }, { "date": "2026-08-07", "close": 60.0, "volume": 15566, "typical_volume": 28927.95, "trend": 59.819853, "fair_value": 50.197447, "relative_strength": -0.814374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.845448, "energy": 17.286936, "activity_lines": [ 57.553333, 56.892727, 58.150857, 58.7307 ] } ], "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." } } }