{ "ticker": { "uuid": "ee1155f9-ad67-4951-bf49-e5ec94cf8b85", "symbol": "00830", "name": "Cathay PHLX Semiconductor 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": 34.035, "architecture_energy": 27.89, "architecture_maturity": 76.314, "architecture_confidence": 92.786, "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": 42.29, "rotation_up": 20.2, "upward_expansion": 55.95, "deceleration": 94.0, "rotation_down": 31.48, "downward_expansion": 21.95 }, "activity_lines": [ 85.873333, 88.419091, 86.51619, 80.470111 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 86.349998, "trend_reference": 72.476543, "distance_from_trend": 0.19142, "trend_direction": "Improving", "fair_value": 42.268872, "distance_from_fair_value": 1.042874, "fair_value_direction": "Weakening", "relative_strength": 9.41809, "relative_strength_direction": "Weakening", "price_momentum": 0.500434, "excess_performance": 0.121123, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.19142, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.235465, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.042874, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.092556, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.094181, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.039427, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.500434, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.315347, "read": "Demand-led" } ], "volume": { "latest": 32930251, "relative_activity": 0.738805, "balance": 1.315347, "dry_up": 1.091255, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.072246, "annualized_volatility": 0.374853, "from_high_reference": -0.123795, "from_low_reference": 1.352793 }, "levels": { "trend_reference": 72.476543, "fair_value_reference": 42.268872, "structural_low": 51.299999, "invalidation": "A 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45.765368, "energy": 41.185833, "activity_lines": [ 88.263334, 90.445455, 85.266905, 78.604731 ] }, { "date": "2026-07-31", "close": 84.0, "volume": 71244948, "typical_volume": 44464456.55, "trend": 71.273487, "fair_value": 41.883997, "relative_strength": 9.595038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.203971, "energy": 29.783936, "activity_lines": [ 86.286667, 89.216364, 85.849762, 79.497433 ] }, { "date": "2026-08-07", "close": 86.349998, "volume": 32930251, "typical_volume": 44572332.05, "trend": 72.476543, "fair_value": 42.268872, "relative_strength": 9.41809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.034867, "energy": 27.889779, "activity_lines": [ 85.873333, 88.419091, 86.51619, 80.470111 ] } ], "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." } } }