{ "ticker": { "uuid": "ef29a68c-d80d-424e-ac33-161d9e348bfe", "symbol": "00861", "name": "Yuanta Global NextGen Communications 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": 32.384, "architecture_energy": 27.397, "architecture_maturity": 72.218, "architecture_confidence": 87.785, "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": 45.22, "rotation_up": 19.82, "upward_expansion": 55.25, "deceleration": 94.0, "rotation_down": 32.47, "downward_expansion": 21.25 }, "activity_lines": [ 86.353333, 88.456364, 87.151191, 82.656775 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 86.949997, "trend_reference": 76.256667, "distance_from_trend": 0.140228, "trend_direction": "Improving", "fair_value": 48.003077, "distance_from_fair_value": 0.811342, "fair_value_direction": "Weakening", "relative_strength": 1.373573, "relative_strength_direction": "Weakening", "price_momentum": 0.417278, "excess_performance": 0.037966, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.140228, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.186997, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.811342, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.073131, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.013736, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.011386, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.417278, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.871694, "read": "Demand-led" } ], "volume": { "latest": 1008195, "relative_activity": 1.479922, "balance": 1.871694, "dry_up": 1.091318, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.058168, "annualized_volatility": 0.273971, "from_high_reference": -0.10222, "from_low_reference": 1.024447 }, "levels": { "trend_reference": 76.256667, "fair_value_reference": 48.003077, "structural_low": 60.0, "invalidation": "A 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"close": 86.849998, "volume": 349188, "typical_volume": 681514.4, "trend": 74.245, "fair_value": 47.308526, "relative_strength": 2.772014, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.739511, "energy": 35.299191, "activity_lines": [ 87.986666, 90.015455, 86.265239, 81.187635 ] }, { "date": "2026-07-31", "close": 85.300003, "volume": 705404, "typical_volume": 687856.45, "trend": 75.233334, "fair_value": 47.652885, "relative_strength": 2.095385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.346053, "energy": 29.614753, "activity_lines": [ 86.586667, 89.081819, 86.680239, 81.900861 ] }, { "date": "2026-08-07", "close": 86.949997, "volume": 1008195, "typical_volume": 681248.55, "trend": 76.256667, "fair_value": 48.003077, "relative_strength": 1.373573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.384427, "energy": 27.396571, "activity_lines": [ 86.353333, 88.456364, 87.151191, 82.656775 ] } ], "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." } } }