{ "ticker": { "uuid": "7ecbf9d4-fca8-4eba-a6ab-685e562a089c", "symbol": "00897", "name": "Fubon NYSE FactSet Global Genomics and Immuno Biopharma 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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "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": 70.156, "architecture_energy": 58.679, "architecture_maturity": 68.253, "architecture_confidence": 60.675, "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": 13.59, "rotation_up": 59.55, "upward_expansion": 83.17, "deceleration": 68.08, "rotation_down": 22.13, "downward_expansion": 9.84 }, "activity_lines": [ 11.202, 11.084182, 10.621429, 10.386 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 11.33, "trend_reference": 10.106667, "distance_from_trend": 0.121042, "trend_direction": "Improving", "fair_value": 8.105897, "distance_from_fair_value": 0.397748, "fair_value_direction": "Improving", "relative_strength": -8.545615, "relative_strength_direction": "Improving", "price_momentum": 0.183908, "excess_performance": -0.195404, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.121042, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.077508, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.397748, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.159854, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.085456, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.115383, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.183908, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.713035, "read": "Supply-led" } ], "volume": { "latest": 2472387, "relative_activity": 0.72746, "balance": 0.713035, "dry_up": 1.016116, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.039921, "annualized_volatility": 0.212171, "from_high_reference": -0.040644, "from_low_reference": 0.696108 }, "levels": { "trend_reference": 10.106667, "fair_value_reference": 8.105897, "structural_low": 9.32, "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": 18, "median_return": 0.014055, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.033241, "regime_survival": 0.888889, "best_return": 0.122905, "worst_return": -0.08701, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.066282, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.04907, "regime_survival": 0.666667, "best_return": 0.125714, "worst_return": -0.043062, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.050251, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.102598, "regime_survival": 0.333333, "best_return": 0.251588, "worst_return": -0.062201, 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"gate": "up", "direction": 66.540967, "energy": 87.52101, "activity_lines": [ 11.194, 10.731636, 10.331143, 10.14686 ] }, { "date": "2026-07-24", "close": 11.01, "volume": 2929375, "typical_volume": 3496594.75, "trend": 9.945667, "fair_value": 8.061859, "relative_strength": -10.388813, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.245969, "energy": 85.596286, "activity_lines": [ 11.191333, 10.843091, 10.417238, 10.220602 ] }, { "date": "2026-07-31", "close": 11.2, "volume": 3359750, "typical_volume": 3443859.7, "trend": 10.020667, "fair_value": 8.083205, "relative_strength": -7.469992, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.521721, "energy": 65.312153, "activity_lines": [ 11.191333, 10.964909, 10.516524, 10.301527 ] }, { "date": "2026-08-07", "close": 11.33, "volume": 2472387, "typical_volume": 3398658.6, "trend": 10.106667, "fair_value": 8.105897, "relative_strength": -8.545615, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.156013, "energy": 58.678955, "activity_lines": [ 11.202, 11.084182, 10.621429, 10.386 ] } ], "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." } } }