{ "ticker": { "uuid": "b467a257-1320-4612-8ceb-654ceec6138a", "symbol": "00939", "name": "UPAMC Taiwan High Dividend Momentum 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 76.289, "architecture_energy": 69.22, "architecture_maturity": 92.294, "architecture_confidence": 81.298, "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": 7.99, "rotation_up": 58.59, "upward_expansion": 85.33, "deceleration": 68.2, "rotation_down": 28.4, "downward_expansion": 12.0 }, "activity_lines": [ 21.898495, 21.60258, 20.507976, 19.373977 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 22.25, "trend_reference": 17.96677, "distance_from_trend": 0.238397, "trend_direction": "Improving", "fair_value": 14.415925, "distance_from_fair_value": 0.543432, "fair_value_direction": "Improving", "relative_strength": 3.441941, "relative_strength_direction": "Improving", "price_momentum": 0.452586, "excess_performance": 0.073275, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.238397, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.160441, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.543432, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.232825, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.034419, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.199738, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.452586, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.628487, "read": "Demand-led" } ], "volume": { "latest": 17544604, "relative_activity": 0.609611, "balance": 4.628487, "dry_up": 0.746279, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.037074, "annualized_volatility": 0.234841, "from_high_reference": -0.011989, "from_low_reference": 0.713652 }, "levels": { "trend_reference": 17.96677, "fair_value_reference": 14.415925, "structural_low": 14.717747, 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"typical_volume": 31829218.25, "trend": 17.196101, "fair_value": 14.226461, "relative_strength": 0.132173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.881322, "energy": 65.4508, "activity_lines": [ 21.149761, 20.922786, 19.510818, 18.481964 ] }, { "date": "2026-07-24", "close": 21.65284, "volume": 20227161, "typical_volume": 30316601.45, "trend": 17.442675, "fair_value": 14.287333, "relative_strength": 1.557594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.192707, "energy": 68.392106, "activity_lines": [ 21.285343, 21.142398, 19.834724, 18.769496 ] }, { "date": "2026-07-31", "close": 22.27, "volume": 28734044, "typical_volume": 29334776.95, "trend": 17.707866, "fair_value": 14.352233, "relative_strength": 5.956894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.185247, "energy": 69.856617, "activity_lines": [ 21.637856, 21.40745, 20.188422, 19.080936 ] }, { "date": "2026-08-07", "close": 22.25, "volume": 17544604, "typical_volume": 28779994.7, "trend": 17.96677, "fair_value": 14.415925, "relative_strength": 3.441941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.288621, "energy": 69.219645, "activity_lines": [ 21.898495, 21.60258, 20.507976, 19.373977 ] } ], "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." } } }