{ "ticker": { "uuid": "a375467c-d8ee-4b24-b9f3-ef21a4dae12a", "symbol": "00921", "name": "Mega Taiwan Market Leader Dividend Equal Weight 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": 68.769, "architecture_energy": 48.91, "architecture_maturity": 100.0, "architecture_confidence": 47.844, "architecture_tenure": "Extended", "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": 22.67, "rotation_up": 44.87, "upward_expansion": 74.4, "deceleration": 71.46, "rotation_down": 28.97, "downward_expansion": 12.4 }, "activity_lines": [ 22.997334, 22.989489, 22.369371, 21.551871 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 23.450001, "trend_reference": 20.451737, "distance_from_trend": 0.146602, "trend_direction": "Improving", "fair_value": 17.089748, "distance_from_fair_value": 0.372168, "fair_value_direction": "Improving", "relative_strength": -8.431442, "relative_strength_direction": "Improving", "price_momentum": 0.308463, "excess_performance": -0.070849, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.146602, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.106259, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.372168, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.084335, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.084314, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.114794, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.308463, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.718967, "read": "Demand-led" } ], "volume": { "latest": 853296, "relative_activity": 0.553364, "balance": 1.718967, "dry_up": 0.62934, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.042534, "annualized_volatility": 0.196386, "from_high_reference": -0.022509, "from_low_reference": 0.437236 }, "levels": { "trend_reference": 20.451737, "fair_value_reference": 17.089748, "structural_low": 17.547185, 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"modifier": "Established expansion", "gate": "up", "direction": 83.963976, "energy": 72.44633, "activity_lines": [ 23.044127, 22.531685, 21.390104, 20.559415 ] }, { "date": "2026-07-10", "close": 23.139999, "volume": 853046, "typical_volume": 2154273.7, "trend": 19.697276, "fair_value": 16.875974, "relative_strength": -14.003557, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.986134, "energy": 66.446884, "activity_lines": [ 23.11772, 22.737761, 21.643967, 20.794314 ] }, { "date": "2026-07-17", "close": 22.629999, "volume": 973146, "typical_volume": 1884739.75, "trend": 19.874257, "fair_value": 16.929639, "relative_strength": -10.077597, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.517126, "energy": 62.396238, "activity_lines": [ 22.997333, 22.795441, 21.826241, 20.983522 ] }, { "date": "2026-07-24", "close": 22.85, "volume": 659425, "typical_volume": 1667066.15, "trend": 20.062847, "fair_value": 16.983213, "relative_strength": -10.724279, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.239165, "energy": 57.461975, "activity_lines": [ 22.933999, 22.865372, 22.012633, 21.175505 ] }, { "date": "2026-07-31", "close": 22.690001, "volume": 1395941, "typical_volume": 1606971.5, "trend": 20.243475, "fair_value": 17.035117, "relative_strength": -9.698649, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.923422, "energy": 42.301926, "activity_lines": [ 22.848667, 22.869801, 22.164404, 21.344999 ] }, { "date": "2026-08-07", "close": 23.450001, "volume": 853296, "typical_volume": 1542016.15, "trend": 20.451737, "fair_value": 17.089748, "relative_strength": -8.431442, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.769235, "energy": 48.909915, "activity_lines": [ 22.997334, 22.989489, 22.369371, 21.551871 ] } ], "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." } } }