{ "ticker": { "uuid": "ae81eb13-f593-41da-ab30-033a8808a1f5", "symbol": "00913", "name": "Mega Taiwan Wafer Manufacture 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 31.858, "architecture_energy": 27.929, "architecture_maturity": 73.946, "architecture_confidence": 89.509, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 42.57, "rotation_up": 22.36, "upward_expansion": 56.94, "deceleration": 91.17, "rotation_down": 33.9, "downward_expansion": 20.6 }, "activity_lines": [ 46.566, 48.643818, 47.439286, 43.916006 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 46.349998, "trend_reference": 39.053772, "distance_from_trend": 0.186825, "trend_direction": "Improving", "fair_value": 21.787576, "distance_from_fair_value": 1.127359, "fair_value_direction": "Weakening", "relative_strength": 14.859959, "relative_strength_direction": "Weakening", "price_momentum": 0.614577, "excess_performance": 0.235265, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.186825, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.298908, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.127359, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.182292, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.1486, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.105876, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.614577, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.543999, "read": "Supply-led" } ], "volume": { "latest": 9641238, "relative_activity": 1.516151, "balance": 0.543999, "dry_up": 1.784286, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.099278, "annualized_volatility": 0.429858, "from_high_reference": -0.164112, "from_low_reference": 1.554683 }, "levels": { "trend_reference": 39.053772, "fair_value_reference": 21.787576, "structural_low": 27.0, "invalidation": "A 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"start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": -0.06, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": -0.009676, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-03-28", "tenure": "Established", "return": -0.068554, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-20", "tenure": "Developing", "return": 0.010604, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": 0.010644, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": 0.028684, "active": false }, { "regime": 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"activity_lines": [ 51.116667, 50.855273, 46.468857, 42.283368 ] }, { "date": "2026-07-24", "close": 47.360001, "volume": 8941731, "typical_volume": 5510893.4, "trend": 37.612238, "fair_value": 21.38499, "relative_strength": 20.155422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.542266, "energy": 45.129811, "activity_lines": [ 49.589334, 50.40291, 47.001667, 42.9652 ] }, { "date": "2026-07-31", "close": 44.310001, "volume": 14409055, "typical_volume": 6057156.15, "trend": 38.310265, "fair_value": 21.580235, "relative_strength": 13.250017, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.906971, "energy": 26.287562, "activity_lines": [ 47.481334, 49.329819, 47.158143, 43.397313 ] }, { "date": "2026-08-07", "close": 46.349998, "volume": 9641238, "typical_volume": 6359023.35, "trend": 39.053772, "fair_value": 21.787576, "relative_strength": 14.859959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.858312, "energy": 27.92931, "activity_lines": [ 46.566, 48.643818, 47.439286, 43.916006 ] } ], "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." } } }