{ "ticker": { "uuid": "c8eb45e7-1652-4c0b-b941-5b7f37cc4a49", "symbol": "01010T", "name": "King's Town Millerful No.1 Real Estate Investment Trust", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 83.229, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 54.237, "architecture_energy": 39.199, "architecture_maturity": 28.492, "architecture_confidence": 45.251, "architecture_tenure": "Developing", "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": 38.11, "rotation_up": 43.3, "upward_expansion": 67.34, "deceleration": 74.74, "rotation_down": 21.21, "downward_expansion": 10.0 }, "activity_lines": [ 10.0, 9.998573, 9.971548, 9.964465 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 10.0, "trend_reference": 9.9571, "distance_from_trend": 0.004308, "trend_direction": "Improving", "fair_value": 9.553276, "distance_from_fair_value": 0.046761, "fair_value_direction": "Weakening", "relative_strength": -26.825177, "relative_strength_direction": "Improving", "price_momentum": 0.00592, "excess_performance": -0.373392, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004308, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.003616, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.046761, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -5.6e-05, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.268252, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.073219, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.00592, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.054749, "read": "Supply-led" } ], "volume": { "latest": 171000, "relative_activity": 0.336172, "balance": 0.054749, "dry_up": 2.897939, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.003521, "annualized_volatility": 0.021897, "from_high_reference": -0.000999, "from_low_reference": 0.026707 }, "levels": { "trend_reference": 9.9571, "fair_value_reference": 9.553276, "structural_low": 9.87182, "invalidation": "A 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10.0, "volume": 596000, "typical_volume": 265112.65, "trend": 9.950224, "fair_value": 9.532699, "relative_strength": -26.743925, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.553411, "energy": 69.809808, "activity_lines": [ 10.0, 9.983005, 9.958849, 9.955296 ] }, { "date": "2026-07-24", "close": 10.0, "volume": 829350, "typical_volume": 292527.65, "trend": 9.952516, "fair_value": 9.539577, "relative_strength": -27.569109, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.73967, "energy": 53.993486, "activity_lines": [ 10.0, 9.989985, 9.963252, 9.958507 ] }, { "date": "2026-07-31", "close": 10.0, "volume": 4300000, "typical_volume": 505127.6, "trend": 9.955138, "fair_value": 9.546455, "relative_strength": -25.824771, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.80624, "energy": 42.846291, "activity_lines": [ 10.0, 9.995174, 9.967469, 9.961571 ] }, { "date": "2026-08-07", "close": 10.0, "volume": 171000, "typical_volume": 508667.5, "trend": 9.9571, "fair_value": 9.553276, "relative_strength": -26.825177, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.237257, "energy": 39.199147, "activity_lines": [ 10.0, 9.998573, 9.971548, 9.964465 ] } ], "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." } } }