{ "ticker": { "uuid": "4afc6518-c5f0-4435-82e1-1fb313f1e5c8", "symbol": "00964", "name": "CTBC INVESTMENTS CO LTD ASIA PA", "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": 21.434, "architecture_energy": 10.939, "architecture_maturity": 47.926, "architecture_confidence": 75.414, "architecture_tenure": "Developing", "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": 53.52, "rotation_up": 27.57, "upward_expansion": 49.23, "deceleration": 81.76, "rotation_down": 28.92, "downward_expansion": 27.23 }, "activity_lines": [ 13.937367, 13.964871, 13.994741, 13.857474 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 14.05, "trend_reference": 13.540398, "distance_from_trend": 0.037636, "trend_direction": "Improving", "fair_value": 11.008346, "distance_from_fair_value": 0.276304, "fair_value_direction": "Weakening", "relative_strength": -14.881556, "relative_strength_direction": "Weakening", "price_momentum": 0.107426, "excess_performance": -0.271886, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.037636, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.081423, "read": "Rising" }, { "label": "Price vs 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"regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.674469, "energy": 23.635994, "activity_lines": [ 14.01238, 14.111563, 13.978116, 13.704065 ] }, { "date": "2026-07-17", "close": 13.71, "volume": 10631260, "typical_volume": 11255052.85, "trend": 13.256, "fair_value": 10.905149, "relative_strength": -15.242259, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.480865, "energy": 21.935281, "activity_lines": [ 13.891941, 14.031401, 13.966255, 13.739374 ] }, { "date": "2026-07-24", "close": 14.04, "volume": 8594833, "typical_volume": 10551576.3, "trend": 13.361724, "fair_value": 10.941181, "relative_strength": -14.741465, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.342633, "energy": 15.454799, "activity_lines": [ 13.9211, 14.019166, 13.985162, 13.789955 ] }, { "date": "2026-07-31", "close": 13.81, "volume": 9689090, "typical_volume": 10349965.75, "trend": 13.45173, "fair_value": 10.973782, "relative_strength": -14.624152, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.29984, "energy": 9.996778, "activity_lines": [ 13.898079, 13.967401, 13.979232, 13.818876 ] }, { "date": "2026-08-07", "close": 14.05, "volume": 11521574, "typical_volume": 10328613.15, "trend": 13.540398, "fair_value": 11.008346, "relative_strength": -14.881556, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.433862, "energy": 10.939281, "activity_lines": [ 13.937367, 13.964871, 13.994741, 13.857474 ] } ], "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." } } }