{ "ticker": { "uuid": "f7d853bb-f802-4ff8-bde3-eea1be1dc2c4", "symbol": "3165", "name": "ChinaAMC MSCI Europe Quality Hedged to", "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": 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 87.101, "architecture_energy": 81.455, "architecture_maturity": 26.144, "architecture_confidence": 86.386, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 10.35, "rotation_up": 66.57, "upward_expansion": 88.0, "deceleration": 52.21, "rotation_down": 19.11, "downward_expansion": 17.0 }, "activity_lines": [ 20.078667, 19.919636, 19.55343, 19.300378 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.5 }, "latest_close": 20.5, "trend_reference": 19.068617, "distance_from_trend": 0.075065, "trend_direction": "Improving", "fair_value": 17.459243, "distance_from_fair_value": 0.174163, "fair_value_direction": "Improving", "relative_strength": 10.554711, "relative_strength_direction": "Improving", "price_momentum": 0.092289, "excess_performance": 0.125871, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075065, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.030118, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.174163, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.0784, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.105547, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.097835, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.092289, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.767842, "read": "Supply-led" } ], "volume": { "latest": 254200, "relative_activity": 3.881675, "balance": 0.767842, "dry_up": 2.082086, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.016473, "annualized_volatility": 0.132474, "from_high_reference": 0.0, "from_low_reference": 0.215909 }, "levels": { "trend_reference": 19.068617, "fair_value_reference": 17.459243, "structural_low": 17.271274, "invalidation": "A 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91.366785, "activity_lines": [ 19.726667, 19.450727, 19.085335, 18.96471 ] }, { "date": "2026-07-10", "close": 19.76, "volume": 187600, "typical_volume": 55187.2, "trend": 18.847139, "fair_value": 17.347108, "relative_strength": 14.390428, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.075683, "energy": 84.492116, "activity_lines": [ 19.79, 19.551637, 19.167001, 19.027025 ] }, { "date": "2026-07-17", "close": 19.620001, "volume": 17000, "typical_volume": 50997.2, "trend": 18.89982, "fair_value": 17.373424, "relative_strength": 11.49726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.945091, "energy": 78.328651, "activity_lines": [ 19.760001, 19.601455, 19.233842, 19.076887 ] }, { "date": "2026-07-24", "close": 19.6, "volume": 252000, "typical_volume": 61427.2, "trend": 18.946514, "fair_value": 17.397669, "relative_strength": 9.309512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.492703, "energy": 61.586753, "activity_lines": [ 19.71, 19.632, 19.297998, 19.12206 ] }, { "date": "2026-07-31", "close": 20.219999, "volume": 22200, "typical_volume": 53287.2, "trend": 19.00955, "fair_value": 17.428379, "relative_strength": 8.47741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.53746, "energy": 62.307753, "activity_lines": [ 19.866667, 19.760546, 19.417002, 19.20422 ] }, { "date": "2026-08-07", "close": 20.5, "volume": 254200, "typical_volume": 65487.2, "trend": 19.068617, "fair_value": 17.459243, "relative_strength": 10.554711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.101194, "energy": 81.454506, "activity_lines": [ 20.078667, 19.919636, 19.55343, 19.300378 ] } ], "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." } } }