{ "ticker": { "uuid": "f9774e59-eb94-4983-82cb-cb98473c3963", "symbol": "KRBN", "name": "KRANESHARES TR GLOBAL CARBON STRATEGY 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 52.429, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 68.036, "architecture_energy": 51.621, "architecture_maturity": 12.65, "architecture_confidence": 75.269, "architecture_tenure": "New", "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": 19.01, "rotation_up": 60.54, "upward_expansion": 84.38, "deceleration": 49.24, "rotation_down": 18.93, "downward_expansion": 8.72 }, "activity_lines": [ 33.931267, 33.603345, 33.013039, 32.307764 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 34.52, "trend_reference": 31.870807, "distance_from_trend": 0.083123, "trend_direction": "Weakening", "fair_value": 30.505814, "distance_from_fair_value": 0.131588, "fair_value_direction": "Improving", "relative_strength": -4.903286, "relative_strength_direction": "Improving", "price_momentum": 0.076731, "excess_performance": -0.048894, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083123, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.009124, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.131588, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.106406, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.049033, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066037, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.076731, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.655022, "read": "Supply-led" } ], "volume": { "latest": 97450, "relative_activity": 1.048391, "balance": 0.655022, "dry_up": 1.794023, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.04515, "annualized_volatility": 0.189763, "from_high_reference": -0.054247, "from_low_reference": 0.278519 }, "levels": { "trend_reference": 31.870807, "fair_value_reference": 30.505814, "structural_low": 27.0, 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] }, { "date": "2026-07-10", "close": 33.369, "volume": 47569, "typical_volume": 86533.65, "trend": 32.073248, "fair_value": 30.511481, "relative_strength": -6.256988, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.193492, "energy": 31.448144, "activity_lines": [ 33.199, 32.992235, 32.153119, 31.833162 ] }, { "date": "2026-07-17", "close": 33.15, "volume": 88950, "typical_volume": 85720.45, "trend": 32.013473, "fair_value": 30.50042, "relative_strength": -5.302134, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.944543, "energy": 27.522027, "activity_lines": [ 33.2164, 33.070704, 32.335003, 31.902629 ] }, { "date": "2026-07-24", "close": 33.9, "volume": 70849, "typical_volume": 81173.6, "trend": 31.971807, "fair_value": 30.496032, "relative_strength": -2.521953, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.360141, "energy": 42.294981, "activity_lines": [ 33.440467, 33.251173, 32.570079, 32.024341 ] }, { "date": "2026-07-31", "close": 33.75, "volume": 409783, "typical_volume": 95586.6, "trend": 31.90514, "fair_value": 30.500462, "relative_strength": -3.894105, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.312833, "energy": 43.299965, "activity_lines": [ 33.579867, 33.3706, 32.767773, 32.139063 ] }, { "date": "2026-08-07", "close": 34.52, "volume": 97450, "typical_volume": 92952.0, "trend": 31.870807, "fair_value": 30.505814, "relative_strength": -4.903286, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.035594, "energy": 51.621168, "activity_lines": [ 33.931267, 33.603345, 33.013039, 32.307764 ] } ], "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." } } }