{ "ticker": { "uuid": "711a97af-360a-4e6e-a55c-da7772de7a15", "symbol": "00949", "name": "Fuh Hwa Japan Global Moat Leaders 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 76.967, "architecture_energy": 53.578, "architecture_maturity": 29.06, "architecture_confidence": 69.659, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 24.95, "rotation_up": 62.12, "upward_expansion": 81.19, "deceleration": 53.29, "rotation_down": 17.26, "downward_expansion": 7.85 }, "activity_lines": [ 21.091333, 20.854364, 20.552572, 20.313699 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 21.77, "trend_reference": 20.004667, "distance_from_trend": 0.088246, "trend_direction": "Improving", "fair_value": 17.145138, "distance_from_fair_value": 0.269748, "fair_value_direction": "Improving", "relative_strength": -16.069609, "relative_strength_direction": "Improving", "price_momentum": 0.145187, "excess_performance": -0.234125, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088246, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042018, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.269748, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.084496, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.160696, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.101493, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.145187, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.941254, "read": "Demand-led" } ], "volume": { "latest": 3089327, "relative_activity": 0.698543, "balance": 1.941254, "dry_up": 0.743637, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.034557, "annualized_volatility": 0.194499, "from_high_reference": -0.001376, "from_low_reference": 0.398202 }, "levels": { "trend_reference": 20.004667, "fair_value_reference": 17.145138, "structural_low": 18.440001, 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.098729, "energy": 26.011519, "activity_lines": [ 20.449333, 20.492909, 20.270476, 20.091613 ] }, { "date": "2026-07-31", "close": 21.35, "volume": 4438961, "typical_volume": 4490390.4, "trend": 19.888333, "fair_value": 17.102315, "relative_strength": -16.069885, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.757329, "energy": 38.496149, "activity_lines": [ 20.736, 20.645637, 20.396095, 20.192301 ] }, { "date": "2026-08-07", "close": 21.77, "volume": 3089327, "typical_volume": 4422527.2, "trend": 20.004667, "fair_value": 17.145138, "relative_strength": -16.069609, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.967369, "energy": 53.577855, "activity_lines": [ 21.091333, 20.854364, 20.552572, 20.313699 ] } ], "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." } } }