{ "ticker": { "uuid": "09f56594-e8a1-4402-830f-0dcfe5b14beb", "symbol": "6549", "name": "TaiwanJ Pharmaceuticals Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "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": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -51.811, "architecture_energy": 29.097, "architecture_maturity": 28.006, "architecture_confidence": 83.609, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 20.65, "rotation_up": 22.16, "upward_expansion": 7.68, "deceleration": 55.02, "rotation_down": 45.47, "downward_expansion": 72.01 }, "activity_lines": [ 7.124, 7.147273, 7.375571, 7.500194 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 7.14, "trend_reference": 7.642, "distance_from_trend": -0.06569, "trend_direction": "Weakening", "fair_value": 10.164958, "distance_from_fair_value": -0.297587, "fair_value_direction": "Improving", "relative_strength": -35.146093, "relative_strength_direction": "Weakening", "price_momentum": -0.095057, "excess_performance": -0.536429, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.06569, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.02691, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.297587, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.021558, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.351461, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.016192, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.095057, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.87643, "read": "Supply-led" } ], "volume": { "latest": 299951, "relative_activity": 0.324514, "balance": 0.87643, "dry_up": 0.685484, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.09039, "annualized_volatility": 0.294769, "from_high_reference": -0.326415, "from_low_reference": 0.149758 }, "levels": { "trend_reference": 7.642, "fair_value_reference": 10.164958, "structural_low": 6.21, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": -0.023546, "positive_rate": 0.342857, "directional_follow_through": 0.657143, "median_excess_return": -0.037811, "regime_survival": 0.857143, "best_return": 0.242308, "worst_return": -0.134636, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.00188, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.056842, "regime_survival": 0.583333, "best_return": 0.257282, "worst_return": -0.192308, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.016215, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.15441, "regime_survival": 0.166667, "best_return": 0.135965, "worst_return": -0.283217, "sufficient": true }, { "horizon": "Full cycle", 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"label": "Upward Expansion", "color": "green", "start": "2023-02-10", "end": "2023-04-14", "tenure": "Developing", "return": 0.879154, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-04-21", "end": "2023-07-14", "tenure": "Established", "return": -0.25487, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-07-21", "end": "2023-08-11", "tenure": "New", "return": -0.135417, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-08-18", "end": "2023-12-08", "tenure": "Established", "return": 0.0625, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-15", "end": "2024-03-08", "tenure": "Established", "return": -0.117264, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-15", "end": "2025-02-21", "tenure": "Extended", "return": -0.371329, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-04-18", "tenure": "Developing", "return": -0.105909, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-09-05", "tenure": "Established", "return": 0.021277, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-12", "end": "2026-07-03", "tenure": "Extended", "return": -0.154211, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-08-14", "tenure": "Developing", "return": -0.01108, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 16.6, "volume": 2238852, "typical_volume": 3366371.85, "trend": 25.706667, "fair_value": 14.489412, "relative_strength": -19.625455, "stage": 4, "regime": "rotation_down", "modifier": 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.48386, "energy": 50.714623, "activity_lines": [ 7.132667, 7.221273, 7.473048, 7.573914 ] }, { "date": "2026-08-07", "close": 7.05, "volume": 918518, "typical_volume": 933319.2, "trend": 7.655, "fair_value": 10.235856, "relative_strength": -34.587168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.065009, "energy": 41.276445, "activity_lines": [ 7.110667, 7.170909, 7.418905, 7.533419 ] }, { "date": "2026-08-14", "close": 7.14, "volume": 299951, "typical_volume": 924308.05, "trend": 7.642, "fair_value": 10.164958, "relative_strength": -35.146093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.810734, "energy": 29.096524, "activity_lines": [ 7.124, 7.147273, 7.375571, 7.500194 ] } ], "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." } } }