{ "ticker": { "uuid": "9c0545e2-4ae6-4d9e-8aba-5295f9e46e6c", "symbol": "00713", "name": "Yuanta Taiwan High Dividend Low Volatility 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": 71.195, "architecture_energy": 66.189, "architecture_maturity": 80.131, "architecture_confidence": 75.509, "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": 4.72, "rotation_up": 59.83, "upward_expansion": 87.67, "deceleration": 65.41, "rotation_down": 27.61, "downward_expansion": 12.0 }, "activity_lines": [ 61.023333, 60.661724, 58.706093, 57.032173 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 61.299999, "trend_reference": 54.955894, "distance_from_trend": 0.11544, "trend_direction": "Improving", "fair_value": 48.312842, "distance_from_fair_value": 0.268814, "fair_value_direction": "Improving", "relative_strength": -14.370756, "relative_strength_direction": "Improving", "price_momentum": 0.212953, "excess_performance": -0.166359, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.11544, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.070281, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.268814, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.106857, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143708, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.148546, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.212953, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 8.46476, "read": "Demand-led" } ], "volume": { "latest": 15508302, "relative_activity": 0.365658, "balance": 8.46476, "dry_up": 0.64902, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.025015, "annualized_volatility": 0.13342, "from_high_reference": -0.007287, "from_low_reference": 0.274981 }, "levels": { "trend_reference": 54.955894, "fair_value_reference": 48.312842, "structural_low": 49.946744, "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": 43, "median_return": 0.01688, "positive_rate": 0.72093, "directional_follow_through": 0.72093, "median_excess_return": 0.003361, "regime_survival": 0.860465, "best_return": 0.10772, "worst_return": -0.04104, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.040317, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.012921, "regime_survival": 0.642857, "best_return": 0.160055, "worst_return": -0.100742, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.065963, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.020737, "regime_survival": 0.428571, "best_return": 0.255049, "worst_return": -0.078571, 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"energy": 67.337235, "activity_lines": [ 60.33, 59.510616, 57.175768, 55.685411 ] }, { "date": "2026-07-24", "close": 61.0, "volume": 21279084, "typical_volume": 43618424.0, "trend": 54.207269, "fair_value": 48.00856, "relative_strength": -15.041564, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.028971, "energy": 69.343519, "activity_lines": [ 60.553333, 59.981583, 57.714902, 56.147104 ] }, { "date": "2026-07-31", "close": 61.200001, "volume": 34404022, "typical_volume": 43393823.5, "trend": 54.574168, "fair_value": 48.162566, "relative_strength": -13.023374, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.630366, "energy": 67.020922, "activity_lines": [ 60.823334, 60.370769, 58.229362, 56.598248 ] }, { "date": "2026-08-07", "close": 61.299999, "volume": 15508302, "typical_volume": 42412031.85, "trend": 54.955894, "fair_value": 48.312842, "relative_strength": -14.370756, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.195096, "energy": 66.188515, "activity_lines": [ 61.023333, 60.661724, 58.706093, 57.032173 ] } ], "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." } } }