{ "ticker": { "uuid": "530bdeec-2e16-4a73-95d6-41b64d3f80a6", "symbol": "00735", "name": "Cathay Korea/Taiwan IT Premier 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": 25.316, "architecture_energy": 26.564, "architecture_maturity": 71.399, "architecture_confidence": 90.852, "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": 51.32, "rotation_up": 18.13, "upward_expansion": 53.22, "deceleration": 93.99, "rotation_down": 36.48, "downward_expansion": 19.22 }, "activity_lines": [ 96.767324, 100.897586, 100.355868, 93.923575 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 95.550003, "trend_reference": 84.558402, "distance_from_trend": 0.129988, "trend_direction": "Improving", "fair_value": 42.684935, "distance_from_fair_value": 1.238495, "fair_value_direction": "Weakening", "relative_strength": 10.888001, "relative_strength_direction": "Weakening", "price_momentum": 0.508287, "excess_performance": 0.128976, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.129988, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.279069, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.238495, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.403923, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.10888, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.219327, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.508287, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.864891, "read": "Supply-led" } ], "volume": { "latest": 17851832, "relative_activity": 1.38437, "balance": 0.864891, "dry_up": 1.663202, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.094286, "annualized_volatility": 0.476495, "from_high_reference": -0.209677, "from_low_reference": 1.717039 }, "levels": { "trend_reference": 84.558402, "fair_value_reference": 42.684935, "structural_low": 59.25, "invalidation": "A 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98.54842, 89.997733 ] }, { "date": "2026-07-17", "close": 93.050003, "volume": 23569952, "typical_volume": 13193673.05, "trend": 79.937775, "fair_value": 41.320872, "relative_strength": 14.370817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.165213, "energy": 37.851085, "activity_lines": [ 102.998278, 105.784667, 98.893437, 90.938999 ] }, { "date": "2026-07-24", "close": 97.5, "volume": 13408397, "typical_volume": 12015961.55, "trend": 81.589723, "fair_value": 41.7778, "relative_strength": 16.266664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.586915, "energy": 27.849993, "activity_lines": [ 100.036419, 104.23564, 99.575358, 92.072045 ] }, { "date": "2026-07-31", "close": 97.900002, "volume": 30959610, "typical_volume": 12639304.55, "trend": 83.161581, "fair_value": 42.240359, "relative_strength": 17.28151, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.195676, "energy": 27.213249, "activity_lines": [ 98.379712, 102.750249, 100.151328, 93.124322 ] }, { "date": "2026-08-07", "close": 95.550003, "volume": 17851832, "typical_volume": 12895275.5, "trend": 84.558402, "fair_value": 42.684935, "relative_strength": 10.888001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.315895, "energy": 26.564382, "activity_lines": [ 96.767324, 100.897586, 100.355868, 93.923575 ] } ], "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." } } }