{ "ticker": { "uuid": "60d6bdf3-8c65-45b3-b476-8784867d3925", "symbol": "00912", "name": "CTBC TIP Customized Taiwan Smart Factor 50 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": 50.608, "architecture_energy": 33.775, "architecture_maturity": 73.778, "architecture_confidence": 90.153, "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": 29.87, "rotation_up": 33.71, "upward_expansion": 60.38, "deceleration": 88.33, "rotation_down": 27.67, "downward_expansion": 21.71 }, "activity_lines": [ 32.278766, 32.476764, 31.781274, 30.195981 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 33.080002, "trend_reference": 27.922052, "distance_from_trend": 0.184727, "trend_direction": "Improving", "fair_value": 18.238847, "distance_from_fair_value": 0.813711, "fair_value_direction": "Weakening", "relative_strength": 3.749235, "relative_strength_direction": "Improving", "price_momentum": 0.47651, "excess_performance": 0.097198, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.184727, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.179675, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.813711, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.027927, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.037492, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.028285, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.47651, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.730139, "read": "Demand-led" } ], "volume": { "latest": 2793885, "relative_activity": 0.733315, "balance": 1.730139, "dry_up": 0.935878, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.056026, "annualized_volatility": 0.277617, "from_high_reference": -0.037356, "from_low_reference": 0.913545 }, "levels": { "trend_reference": 27.922052, "fair_value_reference": 18.238847, "structural_low": 21.878857, "invalidation": "A 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"direction": 78.573273, "energy": 70.172348, "activity_lines": [ 33.10888, 32.506418, 30.307397, 28.422285 ] }, { "date": "2026-07-10", "close": 33.111465, "volume": 2448383, "typical_volume": 3754319.45, "trend": 26.345668, "fair_value": 17.74085, "relative_strength": 1.113063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.531557, "energy": 64.797942, "activity_lines": [ 33.163237, 32.748103, 30.762751, 28.887357 ] }, { "date": "2026-07-17", "close": 31.08, "volume": 3957395, "typical_volume": 3796548.15, "trend": 26.714784, "fair_value": 17.861158, "relative_strength": 0.953669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.032392, "energy": 52.932354, "activity_lines": [ 32.521675, 32.539132, 30.980314, 29.192798 ] }, { "date": "2026-07-24", "close": 31.73, "volume": 2590778, "typical_volume": 3681130.05, "trend": 27.115021, "fair_value": 17.983142, "relative_strength": 0.811716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.446614, "energy": 45.223199, "activity_lines": [ 32.160378, 32.438161, 31.231209, 29.51636 ] }, { "date": "2026-07-31", "close": 32.080002, "volume": 4920503, "typical_volume": 3787839.75, "trend": 27.510852, "fair_value": 18.108314, "relative_strength": 3.204775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.221581, "energy": 32.610374, "activity_lines": [ 32.048615, 32.377553, 31.478394, 29.836681 ] }, { "date": "2026-08-07", "close": 33.080002, "volume": 2793885, "typical_volume": 3809939.65, "trend": 27.922052, "fair_value": 18.238847, "relative_strength": 3.749235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.608255, "energy": 33.774772, "activity_lines": [ 32.278766, 32.476764, 31.781274, 30.195981 ] } ], "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." } } }