{ "ticker": { "uuid": "1159b6b4-4a57-4367-af8b-504bb452c686", "symbol": "6758", "name": "A-SPINE Asia 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": "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": -58.84, "architecture_energy": 48.457, "architecture_maturity": 73.335, "architecture_confidence": 95.216, "architecture_tenure": "Established", "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": 16.23, "rotation_up": 29.52, "upward_expansion": 8.87, "deceleration": 57.15, "rotation_down": 43.06, "downward_expansion": 79.87 }, "activity_lines": [ 28.693333, 28.70028, 29.589284, 31.270227 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 29.1, "trend_reference": 33.34953, "distance_from_trend": -0.127424, "trend_direction": "Weakening", "fair_value": 36.432555, "distance_from_fair_value": -0.201264, "fair_value_direction": "Weakening", "relative_strength": -43.713636, "relative_strength_direction": "Weakening", "price_momentum": -0.215362, "excess_performance": -0.656734, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.127424, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.080629, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.201264, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.089301, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.437136, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.026805, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.215362, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.175102, "read": "Supply-led" } ], "volume": { "latest": 3602, "relative_activity": 0.204787, "balance": 0.175102, "dry_up": 0.388069, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.054455, "annualized_volatility": 0.279615, "from_high_reference": -0.318324, "from_low_reference": 0.09564 }, "levels": { "trend_reference": 33.34953, "fair_value_reference": 36.432555, "structural_low": 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62.842904, "activity_lines": [ 28.845585, 29.357173, 32.022186, 33.475355 ] }, { "date": "2026-07-10", "close": 28.97436, "volume": 5046, "typical_volume": 18056.7, "trend": 34.767622, "fair_value": 36.676043, "relative_strength": -47.42861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.688713, "energy": 58.18088, "activity_lines": [ 28.97436, 29.066551, 31.5402, 33.081968 ] }, { "date": "2026-07-17", "close": 28.25, "volume": 9732, "typical_volume": 18193.15, "trend": 34.439246, "fair_value": 36.632093, "relative_strength": -44.742363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.511488, "energy": 56.370068, "activity_lines": [ 28.732907, 28.775929, 31.02763, 32.661477 ] }, { "date": "2026-07-24", "close": 28.25, "volume": 2006, "typical_volume": 17632.05, "trend": 34.123747, "fair_value": 36.581236, "relative_strength": -45.217118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.128826, "energy": 57.415827, "activity_lines": [ 28.539744, 28.606473, 30.558521, 32.26217 ] }, { "date": "2026-07-31", "close": 28.25, "volume": 211, "typical_volume": 16892.05, "trend": 33.85171, "fair_value": 36.537573, "relative_strength": -43.735656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.64156, "energy": 57.191204, "activity_lines": [ 28.394872, 28.520428, 30.140922, 31.883219 ] }, { "date": "2026-08-07", "close": 28.85, "volume": 21484, "typical_volume": 17866.25, "trend": 33.599673, "fair_value": 36.48205, "relative_strength": -43.097775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.06645, "energy": 54.742518, "activity_lines": [ 28.498291, 28.600544, 29.829907, 31.560528 ] }, { "date": "2026-08-14", "close": 29.1, "volume": 3602, "typical_volume": 17589.0, "trend": 33.34953, "fair_value": 36.432555, "relative_strength": -43.713636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.840365, "energy": 48.457334, "activity_lines": [ 28.693333, 28.70028, 29.589284, 31.270227 ] } ], "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." } } }