{ "ticker": { "uuid": "217f733a-7ca0-4b00-80cb-3b5ad40e92d6", "symbol": "00922", "name": "Cathay MSCI Taiwan Leaders 50 Select 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": 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": 43.03, "architecture_energy": 31.945, "architecture_maturity": 71.533, "architecture_confidence": 90.341, "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": 32.5, "rotation_up": 31.4, "upward_expansion": 61.13, "deceleration": 88.33, "rotation_down": 27.82, "downward_expansion": 22.47 }, "activity_lines": [ 39.144666, 39.54709, 38.501761, 36.395868 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 39.549999, "trend_reference": 33.469674, "distance_from_trend": 0.181667, "trend_direction": "Improving", "fair_value": 20.473756, "distance_from_fair_value": 0.931741, "fair_value_direction": "Weakening", "relative_strength": 4.837483, "relative_strength_direction": "Improving", "price_momentum": 0.484576, "excess_performance": 0.105264, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.181667, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.193707, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.931741, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.06798, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.048375, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.000869, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.484576, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.414485, "read": "Demand-led" } ], "volume": { "latest": 33241159, "relative_activity": 0.541684, "balance": 1.414485, "dry_up": 1.023502, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.058213, "annualized_volatility": 0.303023, "from_high_reference": -0.061016, "from_low_reference": 1.047784 }, "levels": { "trend_reference": 33.469674, "fair_value_reference": 20.473756, "structural_low": 25.99539, "invalidation": "A 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"volume": 33241159, "typical_volume": 61366372.7, "trend": 33.469674, "fair_value": 20.473756, "relative_strength": 4.837483, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.030301, "energy": 31.944975, "activity_lines": [ 39.144666, 39.54709, 38.501761, 36.395868 ] } ], "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." } } }