{ "ticker": { "uuid": "9037090d-3a81-401e-995a-c51897ec1a03", "symbol": "00919", "name": "Capital Tip Customized Taiwan Select High Dividend 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 55.199, "architecture_energy": 51.488, "architecture_maturity": 94.35, "architecture_confidence": 63.259, "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": 13.78, "rotation_up": 47.58, "upward_expansion": 73.66, "deceleration": 62.66, "rotation_down": 27.64, "downward_expansion": 21.32 }, "activity_lines": [ 29.552, 29.603331, 28.360481, 27.051092 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 29.74, "trend_reference": 25.486894, "distance_from_trend": 0.166874, "trend_direction": "Improving", "fair_value": 20.330768, "distance_from_fair_value": 0.462808, "fair_value_direction": "Improving", "relative_strength": -4.797295, "relative_strength_direction": "Improving", "price_momentum": 0.311557, "excess_performance": -0.067754, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.166874, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.131413, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.462808, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.172912, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.047973, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.178601, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.311557, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.097766, "read": "Demand-led" } ], "volume": { "latest": 244131223, "relative_activity": 0.522686, "balance": 5.097766, "dry_up": 0.734396, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.04325, "annualized_volatility": 0.22473, "from_high_reference": -0.038785, "from_low_reference": 0.527679 }, "levels": { "trend_reference": 25.486894, "fair_value_reference": 20.330768, "structural_low": 21.824039, 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"typical_volume": 531223294.65, "trend": 24.957091, "fair_value": 20.145981, "relative_strength": -5.224638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.047634, "energy": 57.428255, "activity_lines": [ 29.446667, 29.472284, 27.720252, 26.461734 ] }, { "date": "2026-07-31", "close": 29.57, "volume": 439759750, "typical_volume": 497146658.15, "trend": 25.217869, "fair_value": 20.239431, "relative_strength": -3.347236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.462862, "energy": 53.067747, "activity_lines": [ 29.471333, 29.556089, 28.048203, 26.759341 ] }, { "date": "2026-08-07", "close": 29.74, "volume": 244131223, "typical_volume": 467070428.85, "trend": 25.486894, "fair_value": 20.330768, "relative_strength": -4.797295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.198772, "energy": 51.487559, "activity_lines": [ 29.552, 29.603331, 28.360481, 27.051092 ] } ], "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." } } }