{ "ticker": { "uuid": "0593efbe-2e5e-4a53-9779-e0382d781078", "symbol": "00962", "name": "Taishin Taiwan AI High Dividend and Momentum ETF", "exchange": "TAI", "country": "TW", "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": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 53.77, "architecture_energy": 34.865, "architecture_maturity": 65.082, "architecture_confidence": 73.556, "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": 24.82, "rotation_up": 42.12, "upward_expansion": 63.97, "deceleration": 82.53, "rotation_down": 26.77, "downward_expansion": 20.64 }, "activity_lines": [ 14.570549, 14.595332, 14.24811, 13.565777 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 14.93, "trend_reference": 12.706972, "distance_from_trend": 0.174946, "trend_direction": "Improving", "fair_value": 10.693653, "distance_from_fair_value": 0.396155, "fair_value_direction": "Improving", "relative_strength": -5.342562, "relative_strength_direction": "Improving", "price_momentum": 0.346137, "excess_performance": -0.033175, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.174946, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.117672, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.396155, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.053302, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.053426, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.085214, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.346137, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.549764, "read": "Demand-led" } ], "volume": { "latest": 4754235, "relative_activity": 1.162107, "balance": 3.549764, "dry_up": 0.820125, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.066735, "annualized_volatility": 0.338431, "from_high_reference": -0.0852, "from_low_reference": 0.586827 }, "levels": { "trend_reference": 12.706972, "fair_value_reference": 10.693653, "structural_low": 10.201803, "invalidation": "A 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"2026-07-10", "close": 14.728233, "volume": 2501053, "typical_volume": 3905934.05, "trend": 12.179955, "fair_value": 10.511419, "relative_strength": -10.300718, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.718811, "energy": 57.053653, "activity_lines": [ 14.705028, 14.660145, 13.723247, 13.022146 ] }, { "date": "2026-07-17", "close": 13.93, "volume": 2854812, "typical_volume": 3909195.25, "trend": 12.2908, "fair_value": 10.552116, "relative_strength": -9.44219, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.789026, "energy": 42.15087, "activity_lines": [ 14.458177, 14.56719, 13.824328, 13.135052 ] }, { "date": "2026-07-24", "close": 14.84, "volume": 2102487, "typical_volume": 3905119.6, "trend": 12.439019, "fair_value": 10.602562, "relative_strength": -5.393252, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.705381, "energy": 44.151893, "activity_lines": [ 14.553289, 14.631065, 14.000906, 13.299517 ] }, { "date": "2026-07-31", "close": 14.2, "volume": 3709146, "typical_volume": 3970717.45, "trend": 12.563939, "fair_value": 10.644393, "relative_strength": -8.002972, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.37428, "energy": 31.746631, "activity_lines": [ 14.440214, 14.550342, 14.09769, 13.413128 ] }, { "date": "2026-08-07", "close": 14.93, "volume": 4754235, "typical_volume": 4091048.35, "trend": 12.706972, "fair_value": 10.693653, "relative_strength": -5.342562, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.770266, "energy": 34.864892, "activity_lines": [ 14.570549, 14.595332, 14.24811, 13.565777 ] } ], "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." } } }