{ "ticker": { "uuid": "f42e5d40-9845-4322-b222-2e118d90933c", "symbol": "00908", "name": "Fubon Global Dividend REITs and Infrastructure 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 68.36, "architecture_energy": 85.583, "architecture_maturity": 30.395, "architecture_confidence": 64.445, "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": 4.2, "rotation_up": 79.38, "upward_expansion": 96.27, "deceleration": 42.66, "rotation_down": 9.92, "downward_expansion": 20.6 }, "activity_lines": [ 15.60931, 15.391694, 14.976268, 14.695582 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 15.56, "trend_reference": 14.408204, "distance_from_trend": 0.07994, "trend_direction": "Improving", "fair_value": 12.326533, "distance_from_fair_value": 0.262318, "fair_value_direction": "Improving", "relative_strength": -17.953877, "relative_strength_direction": "Improving", "price_momentum": 0.106764, "excess_performance": -0.272548, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07994, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043829, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.262318, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.066444, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.179539, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.10552, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.106764, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.217059, "read": "Demand-led" } ], "volume": { "latest": 1761209, "relative_activity": 2.230431, "balance": 1.217059, "dry_up": 1.242649, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.017657, "annualized_volatility": 0.118598, "from_high_reference": -0.021384, "from_low_reference": 0.281797 }, "levels": { "trend_reference": 14.408204, "fair_value_reference": 12.326533, "structural_low": 12.998131, 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407510, "typical_volume": 853071.65, "trend": 14.201464, "fair_value": 12.237901, "relative_strength": -16.790896, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.696542, "energy": 96.399929, "activity_lines": [ 15.228126, 14.99891, 14.616874, 14.42692 ] }, { "date": "2026-07-24", "close": 15.58, "volume": 786388, "typical_volume": 832713.45, "trend": 14.269568, "fair_value": 12.268058, "relative_strength": -17.980114, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.945285, "energy": 94.419109, "activity_lines": [ 15.388547, 15.141353, 14.737212, 14.515858 ] }, { "date": "2026-07-31", "close": 15.84, "volume": 969811, "typical_volume": 768936.8, "trend": 14.344699, "fair_value": 12.298221, "relative_strength": -14.979549, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.83487, "energy": 95.699843, "activity_lines": [ 15.575882, 15.305251, 14.875116, 14.617176 ] }, { "date": "2026-08-07", "close": 15.56, "volume": 1761209, "typical_volume": 789627.05, "trend": 14.408204, "fair_value": 12.326533, "relative_strength": -17.953877, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.360478, "energy": 85.583168, "activity_lines": [ 15.60931, 15.391694, 14.976268, 14.695582 ] } ], "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." } } }