{ "ticker": { "uuid": "5cbec2e8-582a-4f60-8bd6-3a6808bf3e26", "symbol": "00943", "name": "Mega Taiwan IT Growth and High Dividend Equal Weight 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": 42.629, "architecture_energy": 31.386, "architecture_maturity": 72.172, "architecture_confidence": 83.437, "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": 26.9, "rotation_up": 30.26, "upward_expansion": 61.6, "deceleration": 88.33, "rotation_down": 27.89, "downward_expansion": 22.94 }, "activity_lines": [ 21.317333, 21.616981, 20.984245, 19.731569 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 21.51, "trend_reference": 18.080867, "distance_from_trend": 0.189655, "trend_direction": "Improving", "fair_value": 14.859329, "distance_from_fair_value": 0.447575, "fair_value_direction": "Improving", "relative_strength": -1.265071, "relative_strength_direction": "Improving", "price_momentum": 0.47096, "excess_performance": 0.091648, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.189655, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.164999, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.447575, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.115614, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.012651, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.120494, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.47096, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.393502, "read": "Demand-led" } ], "volume": { "latest": 1914208, "relative_activity": 1.304788, "balance": 1.393502, "dry_up": 1.22834, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.060241, "annualized_volatility": 0.300836, "from_high_reference": -0.076217, "from_low_reference": 0.635072 }, "levels": { "trend_reference": 18.080867, "fair_value_reference": 14.859329, "structural_low": 13.822245, "invalidation": "A 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"up", "direction": 52.506526, "energy": 53.874628, "activity_lines": [ 21.761194, 21.872724, 20.638861, 19.292248 ] }, { "date": "2026-07-31", "close": 20.74, "volume": 2431720, "typical_volume": 1537478.6, "trend": 17.833215, "fair_value": 14.801497, "relative_strength": -2.687418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.572519, "energy": 38.165923, "activity_lines": [ 21.385123, 21.673335, 20.789149, 19.494357 ] }, { "date": "2026-08-07", "close": 21.51, "volume": 1914208, "typical_volume": 1467064.2, "trend": 18.080867, "fair_value": 14.859329, "relative_strength": -1.265071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.629147, "energy": 31.385537, "activity_lines": [ 21.317333, 21.616981, 20.984245, 19.731569 ] } ], "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." } } }