{ "ticker": { "uuid": "d1290a3e-8b17-4777-ad53-0a55903728cf", "symbol": "00938", "name": "KGI Taiwan Premium Selection 30 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": 68.068, "architecture_energy": 63.955, "architecture_maturity": 92.229, "architecture_confidence": 83.004, "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": 10.93, "rotation_up": 56.97, "upward_expansion": 87.67, "deceleration": 65.83, "rotation_down": 28.8, "downward_expansion": 12.0 }, "activity_lines": [ 24.684666, 24.498727, 23.366274, 22.252563 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 24.76, "trend_reference": 20.85648, "distance_from_trend": 0.187161, "trend_direction": "Improving", "fair_value": 16.530684, "distance_from_fair_value": 0.497821, "fair_value_direction": "Improving", "relative_strength": -0.584507, "relative_strength_direction": "Improving", "price_momentum": 0.373965, "excess_performance": -0.005347, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.187161, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.143908, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.497821, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.121798, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.005845, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.124138, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.373965, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.652316, "read": "Demand-led" } ], "volume": { "latest": 7290000, "relative_activity": 1.139496, "balance": 2.652316, "dry_up": 1.428769, "accumulation_observations": 6, "distribution_observations": 3 }, "risk": { "range_context": 0.039089, "annualized_volatility": 0.224761, "from_high_reference": -0.021344, "from_low_reference": 0.758508 }, "levels": { "trend_reference": 20.85648, "fair_value_reference": 16.530684, "structural_low": 17.47348, 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"relative_strength": -1.201943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.396571, "energy": 66.976481, "activity_lines": [ 24.242, 24.040727, 22.71933, 21.663591 ] }, { "date": "2026-07-31", "close": 25.299999, "volume": 12118306, "typical_volume": 6457729.65, "trend": 20.604745, "fair_value": 16.441235, "relative_strength": 4.022177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.557615, "energy": 70.021938, "activity_lines": [ 24.591999, 24.357999, 23.085266, 21.984482 ] }, { "date": "2026-08-07", "close": 24.76, "volume": 7290000, "typical_volume": 6397565.4, "trend": 20.85648, "fair_value": 16.530684, "relative_strength": -0.584507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.06811, "energy": 63.95512, "activity_lines": [ 24.684666, 24.498727, 23.366274, 22.252563 ] } ], "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." } } }