{ "ticker": { "uuid": "75766bf4-df3b-4f0f-89c9-cda9c719a60a", "symbol": "00924", "name": "Fuh Hwa US S&P 500 Growth 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.812, "architecture_energy": 63.502, "architecture_maturity": 49.343, "architecture_confidence": 69.639, "architecture_tenure": "Established", "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": 19.11, "rotation_up": 63.74, "upward_expansion": 85.17, "deceleration": 58.59, "rotation_down": 24.29, "downward_expansion": 9.5 }, "activity_lines": [ 32.922667, 32.609637, 32.161619, 31.36314 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 33.93, "trend_reference": 30.456667, "distance_from_trend": 0.114042, "trend_direction": "Improving", "fair_value": 24.101987, "distance_from_fair_value": 0.407768, "fair_value_direction": "Improving", "relative_strength": -15.079083, "relative_strength_direction": "Improving", "price_momentum": 0.158021, "excess_performance": -0.221291, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.114042, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040827, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.407768, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.02287, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.150791, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.082285, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.158021, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.933462, "read": "Supply-led" } ], "volume": { "latest": 7693886, "relative_activity": 0.74152, "balance": 0.933462, "dry_up": 1.107154, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.026389, "annualized_volatility": 0.177625, "from_high_reference": -0.01021, "from_low_reference": 0.355032 }, "levels": { "trend_reference": 30.456667, "fair_value_reference": 24.101987, "structural_low": 26.139999, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.019701, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.019353, "regime_survival": 0.857143, "best_return": 0.047174, "worst_return": -0.121775, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.077485, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.014463, "regime_survival": 0.6, "best_return": 0.097515, "worst_return": -0.103922, "sufficient": true }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.021883, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.094427, "regime_survival": 0.0, "best_return": 0.072666, "worst_return": -0.028899, "sufficient": false }, { 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"activity_lines": [ 32.922667, 32.609637, 32.161619, 31.36314 ] } ], "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." } } }