{ "ticker": { "uuid": "628a5cbd-aabc-4323-b6bd-f5b1831681f3", "symbol": "EWT", "name": "ISHARES INC MSCI TAIWAN ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "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": 44.092, "architecture_energy": 24.347, "architecture_maturity": 74.434, "architecture_confidence": 94.722, "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": 31.81, "rotation_up": 31.0, "upward_expansion": 60.96, "deceleration": 85.48, "rotation_down": 28.1, "downward_expansion": 19.96 }, "activity_lines": [ 99.768667, 101.294727, 99.161333, 93.741742 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 103.09, "trend_reference": 86.417667, "distance_from_trend": 0.192927, "trend_direction": "Improving", "fair_value": 56.4427, "distance_from_fair_value": 0.826454, "fair_value_direction": "Weakening", "relative_strength": 22.543929, "relative_strength_direction": "Weakening", "price_momentum": 0.471663, "excess_performance": 0.346038, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.192927, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.180081, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.826454, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.043596, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.225439, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.115119, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.471663, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.3987, "read": "Demand-led" } ], "volume": { "latest": 23569096, "relative_activity": 0.767722, "balance": 1.3987, "dry_up": 1.041978, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.080531, "annualized_volatility": 0.350492, "from_high_reference": -0.085919, "from_low_reference": 0.873522 }, "levels": { "trend_reference": 86.417667, "fair_value_reference": 56.4427, "structural_low": 67.99, "invalidation": "A sustained 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33.114702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.737211, "energy": 64.025622, "activity_lines": [ 105.428, 103.354182, 96.06019, 89.808473 ] }, { "date": "2026-07-17", "close": 97.33, "volume": 38711558, "typical_volume": 32809430.15, "trend": 82.953, "fair_value": 55.306744, "relative_strength": 23.032999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.366018, "energy": 48.322999, "activity_lines": [ 102.773333, 102.658545, 96.877524, 90.812774 ] }, { "date": "2026-07-24", "close": 98.01, "volume": 30517612, "typical_volume": 31314767.8, "trend": 84.119333, "fair_value": 55.668501, "relative_strength": 23.674341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.299688, "energy": 36.321405, "activity_lines": [ 100.698, 102.064364, 97.656476, 91.784194 ] }, { "date": "2026-07-31", "close": 96.55, "volume": 35156837, "typical_volume": 30965000.75, "trend": 85.178667, "fair_value": 56.032044, "relative_strength": 19.685355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.324454, "energy": 24.723388, "activity_lines": [ 98.934667, 101.082364, 98.160714, 92.586172 ] }, { "date": "2026-08-07", "close": 103.09, "volume": 23569096, "typical_volume": 30700040.3, "trend": 86.417667, "fair_value": 56.4427, "relative_strength": 22.543929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.092495, "energy": 24.347056, "activity_lines": [ 99.768667, 101.294727, 99.161333, 93.741742 ] } ], "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." } } }