{ "ticker": { "uuid": "0d55f5b4-23a4-4fd6-8af1-24a6b40b635b", "symbol": "6997", "name": "Nextlink Technology Co., Limited", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -41.755, "architecture_energy": 26.249, "architecture_maturity": 100.0, "architecture_confidence": 58.622, "architecture_tenure": "Extended", "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": 38.89, "rotation_up": 24.0, "upward_expansion": 13.79, "deceleration": 65.07, "rotation_down": 41.6, "downward_expansion": 66.13 }, "activity_lines": [ 68.312672, 68.158904, 68.967168, 70.859504 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 69.300003, "trend_reference": 74.007015, "distance_from_trend": -0.063602, "trend_direction": "Weakening", "fair_value": 104.290597, "distance_from_fair_value": -0.335511, "fair_value_direction": "Improving", "relative_strength": -41.393734, "relative_strength_direction": "Improving", "price_momentum": -0.185331, "excess_performance": -0.626704, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.063602, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.078473, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.335511, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.038557, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.413937, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.081565, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.185331, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.240632, "read": "Demand-led" } ], "volume": { "latest": 4010, "relative_activity": 0.118947, "balance": 1.240632, "dry_up": 0.556871, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.064517, "annualized_volatility": 0.272221, "from_high_reference": -0.326689, "from_low_reference": 0.110354 }, "levels": { "trend_reference": 74.007015, "fair_value_reference": 104.290597, 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"activity_lines": [ 67.481983, 68.457251, 69.832749, 72.180308 ] }, { "date": "2026-07-31", "close": 64.386421, "volume": 3030, "typical_volume": 33010.3, "trend": 74.942036, "fair_value": 104.808636, "relative_strength": -44.198394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.868164, "energy": 48.06801, "activity_lines": [ 66.410442, 67.659149, 69.130921, 71.45483 ] }, { "date": "2026-08-07", "close": 70.900002, "volume": 45034, "typical_volume": 34062.0, "trend": 74.485526, "fair_value": 104.553684, "relative_strength": -38.98278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.831427, "energy": 34.864069, "activity_lines": [ 67.735683, 68.08806, 69.112097, 71.194053 ] }, { "date": "2026-08-14", "close": 69.300003, "volume": 4010, "typical_volume": 33712.5, "trend": 74.007015, "fair_value": 104.290597, "relative_strength": -41.393734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.754795, "energy": 26.248641, "activity_lines": [ 68.312672, 68.158904, 68.967168, 70.859504 ] } ], "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." } } }