{ "ticker": { "uuid": "fd58da0b-bc46-495c-b285-f4e4a6b248d3", "symbol": "00731", "name": "Fuh Hwa FTSE Taiwan High Div Low Vol 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.707, "architecture_energy": 66.653, "architecture_maturity": 89.65, "architecture_confidence": 68.839, "architecture_tenure": "Established", "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": 8.22, "rotation_up": 57.09, "upward_expansion": 85.33, "deceleration": 68.66, "rotation_down": 27.99, "downward_expansion": 12.0 }, "activity_lines": [ 90.046667, 89.344547, 84.960438, 81.473785 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 91.0, "trend_reference": 77.341167, "distance_from_trend": 0.176605, "trend_direction": "Improving", "fair_value": 65.178837, "distance_from_fair_value": 0.396159, "fair_value_direction": "Improving", "relative_strength": -6.992147, "relative_strength_direction": "Improving", "price_momentum": 0.303169, "excess_performance": -0.076143, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.176605, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.10657, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.396159, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.193663, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.069921, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.195009, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.303169, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.980797, "read": "Demand-led" } ], "volume": { "latest": 3583798, "relative_activity": 1.250812, "balance": 1.980797, "dry_up": 1.208761, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.03506, "annualized_volatility": 0.189223, "from_high_reference": -0.013015, "from_low_reference": 0.426226 }, "levels": { "trend_reference": 77.341167, "fair_value_reference": 65.178837, "structural_low": 68.309543, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": 0.015806, "positive_rate": 0.725, "directional_follow_through": 0.725, "median_excess_return": -0.007956, "regime_survival": 0.875, "best_return": 0.141108, "worst_return": -0.060501, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.040118, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.010738, "regime_survival": 0.785714, "best_return": 0.267682, "worst_return": -0.089157, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.111006, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": -0.010173, "regime_survival": 0.714286, "best_return": 0.296606, "worst_return": -0.075041, "sufficient": true }, { 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"fair_value": 64.249553, "relative_strength": -13.573761, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.899147, "energy": 87.016972, "activity_lines": [ 88.756669, 85.905383, 80.604085, 77.799506 ] }, { "date": "2026-07-17", "close": 87.650002, "volume": 3206754, "typical_volume": 2799255.1, "trend": 75.097965, "fair_value": 64.492357, "relative_strength": -8.814102, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.835853, "energy": 67.401684, "activity_lines": [ 88.463336, 86.775474, 81.612974, 78.65512 ] }, { "date": "2026-07-24", "close": 89.099998, "volume": 3316752, "typical_volume": 2798334.4, "trend": 75.79911, "fair_value": 64.722102, "relative_strength": -8.812031, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.074088, "energy": 67.464255, "activity_lines": [ 88.510001, 87.675456, 82.696335, 79.558477 ] }, { "date": "2026-07-31", "close": 91.050003, "volume": 3745954, "typical_volume": 2825022.55, "trend": 76.563622, "fair_value": 64.95698, "relative_strength": -5.116205, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.813767, "energy": 68.771246, "activity_lines": [ 89.370001, 88.657274, 83.88008, 80.542405 ] }, { "date": "2026-08-07", "close": 91.0, "volume": 3583798, "typical_volume": 2865177.1, "trend": 77.341167, "fair_value": 65.178837, "relative_strength": -6.992147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.707398, "energy": 66.65317, "activity_lines": [ 90.046667, 89.344547, 84.960438, 81.473785 ] } ], "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." } } }