{ "ticker": { "uuid": "d991749c-9a8c-48ef-ba81-b19944971f7c", "symbol": "3184", "name": "Global X Etf Series - Global X India Select Top 10 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 90.16, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -8.693, "architecture_energy": 12.16, "architecture_maturity": 98.943, "architecture_confidence": 46.082, "architecture_tenure": "Extended", "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": 57.88, "rotation_up": 26.29, "upward_expansion": 21.74, "deceleration": 49.8, "rotation_down": 27.22, "downward_expansion": 55.07 }, "activity_lines": [ 45.716, 45.636727, 45.492286, 45.910925 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 46.360001, "trend_reference": 47.023333, "distance_from_trend": -0.014106, "trend_direction": "Weakening", "fair_value": 52.820819, "distance_from_fair_value": -0.122316, "fair_value_direction": "Improving", "relative_strength": -6.928733, "relative_strength_direction": "Improving", "price_momentum": -0.110173, "excess_performance": -0.076591, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.014106, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.058454, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.122316, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.015858, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.069287, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.075802, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.110173, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.453805, "read": "Supply-led" } ], "volume": { "latest": 1000, "relative_activity": 0.262357, "balance": 0.453805, "dry_up": 0.272195, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.016958, "annualized_volatility": 0.176118, "from_high_reference": -0.162572, "from_low_reference": 0.07814 }, "levels": { "trend_reference": 47.023333, "fair_value_reference": 52.820819, 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"relative_strength": -0.292675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.244274, "energy": 27.798865, "activity_lines": [ 45.612, 45.286182, 45.565429, 46.632516 ] }, { "date": "2026-07-10", "close": 45.82, "volume": 300, "typical_volume": 6271.35, "trend": 48.140667, "fair_value": 53.067288, "relative_strength": -3.712644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.912991, "energy": 30.670862, "activity_lines": [ 45.806667, 45.390182, 45.528857, 46.46486 ] }, { "date": "2026-07-17", "close": 45.279999, "volume": 1000, "typical_volume": 6048.85, "trend": 47.846667, "fair_value": 53.001849, "relative_strength": -6.014431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.586388, "energy": 24.692434, "activity_lines": [ 45.7, 45.397091, 45.465048, 46.280301 ] }, { "date": "2026-07-24", "close": 44.68, "volume": 2000, "typical_volume": 5264.3, "trend": 47.534, "fair_value": 52.9325, "relative_strength": -8.425628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.896495, "energy": 38.768768, "activity_lines": [ 45.322666, 45.313454, 45.368952, 46.076 ] }, { "date": "2026-07-31", "close": 45.880001, "volume": 150, "typical_volume": 4154.3, "trend": 47.264667, "fair_value": 52.874215, "relative_strength": -8.938355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.006183, "energy": 24.974619, "activity_lines": [ 45.441333, 45.441091, 45.40581, 45.96929 ] }, { "date": "2026-08-07", "close": 46.360001, "volume": 1000, "typical_volume": 3811.6, "trend": 47.023333, "fair_value": 52.820819, "relative_strength": -6.928733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.693442, "energy": 12.160449, "activity_lines": [ 45.716, 45.636727, 45.492286, 45.910925 ] } ], "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." } } }