{ "ticker": { "uuid": "fb67def2-27ed-4749-ad32-a3a45f2d10d1", "symbol": "INDE", "name": "MATTHEWS INTERNATIONAL FUNDS INDIA ACTIVE 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 54.015, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 77.564, "architecture_energy": 64.046, "architecture_maturity": 7.903, "architecture_confidence": 75.183, "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": 18.47, "rotation_up": 63.78, "upward_expansion": 84.96, "deceleration": 51.91, "rotation_down": 18.68, "downward_expansion": 11.62 }, "activity_lines": [ 29.639987, 29.420898, 28.724352, 28.341081 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 30.2111, "trend_reference": 28.13523, "distance_from_trend": 0.073782, "trend_direction": "Weakening", "fair_value": 28.408353, "distance_from_fair_value": 0.063458, "fair_value_direction": "Improving", "relative_strength": -6.808173, "relative_strength_direction": "Improving", "price_momentum": 0.033211, "excess_performance": -0.092414, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.073782, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.011982, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.063458, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.072325, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.068082, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.069955, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.033211, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.814152, "read": "Demand-led" } ], "volume": { "latest": 2637, "relative_activity": 0.155165, "balance": 1.814152, "dry_up": 1.277994, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.027683, "annualized_volatility": 0.203745, "from_high_reference": -0.021908, "from_low_reference": 0.209174 }, "levels": { "trend_reference": 28.13523, "fair_value_reference": 28.408353, "structural_low": 24.9849, 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28.37734, 27.840547, 27.895028 ] }, { "date": "2026-07-10", "close": 29.61, "volume": 18143, "typical_volume": 17350.4, "trend": 28.20247, "fair_value": 28.377786, "relative_strength": -7.61815, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.7112, "energy": 69.739784, "activity_lines": [ 29.319507, 28.672138, 28.032053, 27.986034 ] }, { "date": "2026-07-17", "close": 29.4483, "volume": 70731, "typical_volume": 20440.35, "trend": 28.171507, "fair_value": 28.385019, "relative_strength": -6.361271, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.742775, "energy": 68.921311, "activity_lines": [ 29.448587, 28.893536, 28.206864, 28.06641 ] }, { "date": "2026-07-24", "close": 28.8319, "volume": 8231, "typical_volume": 20318.95, "trend": 28.132893, "fair_value": 28.388018, "relative_strength": -7.49029, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.699223, "energy": 60.171198, "activity_lines": [ 29.27734, 28.978984, 28.319667, 28.109016 ] }, { "date": "2026-07-31", "close": 29.6355, "volume": 5278, "typical_volume": 19039.05, "trend": 28.116703, "fair_value": 28.396335, "relative_strength": -5.634219, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.516959, "energy": 61.936661, "activity_lines": [ 29.37626, 29.172264, 28.502932, 28.205958 ] }, { "date": "2026-08-07", "close": 30.2111, "volume": 2637, "typical_volume": 16994.8, "trend": 28.13523, "fair_value": 28.408353, "relative_strength": -6.808173, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.564047, "energy": 64.046159, "activity_lines": [ 29.639987, 29.420898, 28.724352, 28.341081 ] } ], "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." } } }