{
  "ticker": {
    "uuid": "fc13dbb4-6632-4b9e-a409-4c6dc6ca2409",
    "symbol": "00757",
    "name": "UPAMC NYSE FANG+ 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": 85.11,
    "architecture_energy": 64.996,
    "architecture_maturity": 18.769,
    "architecture_confidence": 66.124,
    "architecture_tenure": "New",
    "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": 17.9,
        "rotation_up": 69.19,
        "upward_expansion": 85.93,
        "deceleration": 51.01,
        "rotation_down": 18.55,
        "downward_expansion": 10.27
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": 0.833333
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    "latest_close": 139.649994,
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    "distance_from_trend": 0.159611,
    "trend_direction": "Improving",
    "fair_value": 95.447115,
    "distance_from_fair_value": 0.463114,
    "fair_value_direction": "Improving",
    "relative_strength": -14.339884,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.223926,
    "excess_performance": -0.155385,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.159611,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.026101,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.463114,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.062879,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.143399,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.121064,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.223926,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.72028,
        "read": "Demand-led"
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    ],
    "volume": {
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      "balance": 1.72028,
      "dry_up": 1.221175,
      "accumulation_observations": 4,
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    "risk": {
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      "annualized_volatility": 0.260019,
      "from_high_reference": -0.016549,
      "from_low_reference": 0.389552
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    "levels": {
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      "structural_low": 100.5,
      "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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    "outcomes": [
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        "horizon": "Near term",
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        "horizon": "Intermediate",
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        "date": "2026-04-17",
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      },
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 93.573077,
        "relative_strength": -24.091503,
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        "modifier": "Recompressing",
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        "energy": 42.071629,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 9301142.6,
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        "relative_strength": -19.014874,
        "stage": 3,
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        "modifier": "Recompressing",
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        "direction": 63.854496,
        "energy": 45.334196,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 128.600006,
        "volume": 6019283,
        "typical_volume": 8786773.2,
        "trend": 119.313334,
        "fair_value": 94.469872,
        "relative_strength": -21.284992,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 58.506227,
        "energy": 46.44954,
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      },
      {
        "date": "2026-07-31",
        "close": 131.550003,
        "volume": 11381404,
        "typical_volume": 8691455.65,
        "trend": 119.713334,
        "fair_value": 94.933974,
        "relative_strength": -17.858292,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.085053,
        "energy": 49.813377,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 139.649994,
        "volume": 12824208,
        "typical_volume": 9064050.1,
        "trend": 120.428334,
        "fair_value": 95.447115,
        "relative_strength": -14.339884,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.109581,
        "energy": 64.996452,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}