{
  "ticker": {
    "uuid": "d49236b2-234d-4785-a6f5-0ccf1abcd459",
    "symbol": "00920",
    "name": "Fubon ESG Green Energy 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": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 0.685,
    "architecture_energy": 22.375,
    "architecture_maturity": 64.844,
    "architecture_confidence": 78.675,
    "architecture_tenure": "Developing",
    "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": 57.37,
        "rotation_up": 14.29,
        "upward_expansion": 43.1,
        "deceleration": 87.55,
        "rotation_down": 45.45,
        "downward_expansion": 37.1
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
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    "trend_direction": "Improving",
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    "fair_value_direction": "Weakening",
    "relative_strength": -10.395896,
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        "label": "Price vs current Fair Value",
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        "read": "Moving away"
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        "label": "Relative Strength vs benchmark",
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        "value": -0.103959,
        "read": "Lagging"
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      {
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        "read": "Weakening"
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      {
        "label": "Price momentum",
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      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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          23.709054
        ]
      },
      {
        "date": "2026-06-26",
        "close": 25.58,
        "volume": 508149,
        "typical_volume": 2697751.8,
        "trend": 22.232333,
        "fair_value": 15.673044,
        "relative_strength": -7.766413,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.412117,
        "energy": 48.413372,
        "activity_lines": [
          26.128667,
          26.302182,
          25.192619,
          23.942602
        ]
      },
      {
        "date": "2026-07-03",
        "close": 26.129999,
        "volume": 111243,
        "typical_volume": 2382705.35,
        "trend": 22.497666,
        "fair_value": 15.7337,
        "relative_strength": -10.265416,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.121492,
        "energy": 40.100206,
        "activity_lines": [
          26.023333,
          26.273091,
          25.398809,
          24.194064
        ]
      },
      {
        "date": "2026-07-10",
        "close": 25.02,
        "volume": 2826587,
        "typical_volume": 2376449.2,
        "trend": 22.717333,
        "fair_value": 15.790196,
        "relative_strength": -11.328222,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.305472,
        "energy": 31.751396,
        "activity_lines": [
          25.650666,
          26.037818,
          25.470809,
          24.356795
        ]
      },
      {
        "date": "2026-07-17",
        "close": 23.780001,
        "volume": 1748649,
        "typical_volume": 2157391.25,
        "trend": 22.892,
        "fair_value": 15.838869,
        "relative_strength": -10.394987,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.555873,
        "energy": 22.235108,
        "activity_lines": [
          24.99,
          25.596364,
          25.405381,
          24.425355
        ]
      },
      {
        "date": "2026-07-24",
        "close": 24.42,
        "volume": 1576280,
        "typical_volume": 1960773.0,
        "trend": 23.107,
        "fair_value": 15.886929,
        "relative_strength": -10.044742,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.121513,
        "energy": 21.408161,
        "activity_lines": [
          24.674667,
          25.309818,
          25.393095,
          24.523935
        ]
      },
      {
        "date": "2026-07-31",
        "close": 23.889999,
        "volume": 1536522,
        "typical_volume": 1879612.35,
        "trend": 23.292333,
        "fair_value": 15.931779,
        "relative_strength": -10.800515,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.684935,
        "energy": 25.466434,
        "activity_lines": [
          24.309333,
          24.959454,
          25.312667,
          24.574451
        ]
      },
      {
        "date": "2026-08-07",
        "close": 24.58,
        "volume": 759823,
        "typical_volume": 1799653.8,
        "trend": 23.506,
        "fair_value": 15.983254,
        "relative_strength": -10.395896,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.685369,
        "energy": 22.375073,
        "activity_lines": [
          24.286667,
          24.783636,
          25.284,
          24.657527
        ]
      }
    ],
    "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."
    }
  }
}