{ "ticker": { "uuid": "ddcea986-68ba-43c9-8798-9fb74e91a3ee", "symbol": "FLKR", "name": "FRANKLIN TEMPLETON ETF TR FTSE SOUTH KOREA ETF", "exchange": "NYSEARCA", "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": "SPY", "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": 6.419, "architecture_energy": 18.122, "architecture_maturity": 61.749, "architecture_confidence": 77.125, "architecture_tenure": "New", "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": 58.08, "rotation_up": 15.9, "upward_expansion": 41.01, "deceleration": 87.53, "rotation_down": 43.0, "downward_expansion": 35.01 }, "activity_lines": [ 53.872667, 56.795555, 57.564033, 54.807737 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 55.04, "trend_reference": 50.777269, "distance_from_trend": 0.08395, "trend_direction": "Improving", "fair_value": 26.856385, "distance_from_fair_value": 1.04942, "fair_value_direction": "Weakening", "relative_strength": 20.476058, "relative_strength_direction": "Weakening", "price_momentum": 0.352334, "excess_performance": 0.226709, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.08395, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.224251, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.04942, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.546118, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.204761, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.511885, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.352334, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.053844, "read": "Demand-led" } ], "volume": { "latest": 5272295, "relative_activity": 1.38571, "balance": 1.053844, "dry_up": 1.321264, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.146035, "annualized_volatility": 0.641402, "from_high_reference": -0.237209, "from_low_reference": 1.369973 }, "levels": { "trend_reference": 50.777269, "fair_value_reference": 26.856385, "structural_low": 37.32, "invalidation": "A 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.65558, "energy": 43.800187, "activity_lines": [ 62.379809, 62.22087, 57.763997, 53.729355 ] }, { "date": "2026-07-17", "close": 53.09, "volume": 6324724, "typical_volume": 3655406.4, "trend": 48.791769, "fair_value": 26.214035, "relative_strength": 24.915397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.074879, "energy": 19.781242, "activity_lines": [ 58.869986, 60.646109, 57.751958, 54.056123 ] }, { "date": "2026-07-24", "close": 53.57, "volume": 3070233, "typical_volume": 3544044.05, "trend": 49.527769, "fair_value": 26.42507, "relative_strength": 25.336289, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.211486, "energy": 21.776651, "activity_lines": [ 56.194, 59.305837, 57.766491, 54.364396 ] }, { "date": "2026-07-31", "close": 51.49, "volume": 5441119, "typical_volume": 3662281.6, "trend": 50.130436, "fair_value": 26.627658, "relative_strength": 17.931375, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.988058, "energy": 18.190216, "activity_lines": [ 54.010667, 57.664157, 57.522976, 54.490991 ] }, { "date": "2026-08-07", "close": 55.04, "volume": 5272295, "typical_volume": 3804761.1, "trend": 50.777269, "fair_value": 26.856385, "relative_strength": 20.476058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.418711, "energy": 18.122019, "activity_lines": [ 53.872667, 56.795555, 57.564033, 54.807737 ] } ], "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." } } }