{ "ticker": { "uuid": "62a160a6-98f5-4dea-bd9f-f09a1ff82d8d", "symbol": "00881", "name": "Cathay Taiwan Technology Leader 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": 91.28, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 37.294, "architecture_energy": 24.195, "architecture_maturity": 75.082, "architecture_confidence": 89.875, "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": 37.83, "rotation_up": 26.43, "upward_expansion": 59.22, "deceleration": 88.33, "rotation_down": 29.36, "downward_expansion": 20.56 }, "activity_lines": [ 51.297333, 52.167455, 51.486191, 48.625356 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 52.25, "trend_reference": 44.429101, "distance_from_trend": 0.176031, "trend_direction": "Improving", "fair_value": 24.866964, "distance_from_fair_value": 1.101181, "fair_value_direction": "Weakening", "relative_strength": 7.500659, "relative_strength_direction": "Weakening", "price_momentum": 0.53541, "excess_performance": 0.156098, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.176031, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.214913, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.101181, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.237569, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.075007, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.089073, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.53541, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.929133, "read": "Supply-led" } ], "volume": { "latest": 173836771, "relative_activity": 2.896352, "balance": 0.929133, "dry_up": 1.567619, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.066544, "annualized_volatility": 0.336235, "from_high_reference": -0.075221, "from_low_reference": 1.241651 }, "levels": { "trend_reference": 44.429101, "fair_value_reference": 24.866964, "structural_low": 33.0, "invalidation": "A 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"typical_volume": 54433498.7, "trend": 43.026506, "fair_value": 24.387687, "relative_strength": 7.288495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.601229, "energy": 38.756572, "activity_lines": [ 51.858, 52.763091, 50.831667, 47.586325 ] }, { "date": "2026-07-31", "close": 50.599998, "volume": 102478117, "typical_volume": 54529885.75, "trend": 43.718517, "fair_value": 24.62307, "relative_strength": 7.105587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.496389, "energy": 24.504979, "activity_lines": [ 51.232666, 52.310727, 51.113572, 48.074938 ] }, { "date": "2026-08-07", "close": 52.25, "volume": 173836771, "typical_volume": 60019211.8, "trend": 44.429101, "fair_value": 24.866964, "relative_strength": 7.500659, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.293814, "energy": 24.195365, "activity_lines": [ 51.297333, 52.167455, 51.486191, 48.625356 ] } ], "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." } } }