{ "ticker": { "uuid": "1afc9f42-042f-4982-9664-e0a6e91ba88d", "symbol": "6733", "name": "BioGend Therapeutics 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": -45.736, "architecture_energy": 28.162, "architecture_maturity": 100.0, "architecture_confidence": 79.814, "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": 31.02, "rotation_up": 27.18, "upward_expansion": 19.94, "deceleration": 46.97, "rotation_down": 34.94, "downward_expansion": 60.94 }, "activity_lines": [ 25.956667, 25.682727, 26.169048, 27.746916 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 25.25, "trend_reference": 30.221096, "distance_from_trend": -0.164491, "trend_direction": "Weakening", "fair_value": 34.934506, "distance_from_fair_value": -0.277219, "fair_value_direction": "Weakening", "relative_strength": -50.227673, "relative_strength_direction": "Weakening", "price_momentum": -0.30727, "excess_performance": -0.748642, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.164491, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.12751, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.277219, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.029307, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.502277, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014063, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.30727, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.792485, "read": "Supply-led" } ], "volume": { "latest": 556261, "relative_activity": 0.525849, "balance": 0.792485, "dry_up": 0.879143, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.090327, "annualized_volatility": 0.332107, "from_high_reference": -0.486267, "from_low_reference": 0.076759 }, "levels": { "trend_reference": 30.221096, "fair_value_reference": 34.934506, "structural_low": 23.450001, "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": 26, "median_return": -0.01625, "positive_rate": 0.423077, "directional_follow_through": 0.576923, "median_excess_return": -0.013873, "regime_survival": 0.769231, "best_return": 0.132867, "worst_return": -0.153605, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.029243, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.004332, "regime_survival": 0.5, "best_return": 0.111111, "worst_return": -0.295794, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.043478, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.065507, "regime_survival": 0.0, "best_return": 0.088571, "worst_return": -0.062405, "sufficient": true }, { "horizon": "Full 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"date": "2026-07-24", "close": 24.049999, "volume": 469000, "typical_volume": 1045685.5, "trend": 31.412762, "fair_value": 35.210467, "relative_strength": -51.882474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.207571, "energy": 60.26522, "activity_lines": [ 24.793333, 25.092727, 26.578809, 28.603149 ] }, { "date": "2026-07-31", "close": 27.5, "volume": 1923453, "typical_volume": 1087075.35, "trend": 31.046096, "fair_value": 35.115275, "relative_strength": -43.714558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.277066, "energy": 38.782764, "activity_lines": [ 25.663333, 25.454545, 26.490714, 28.350713 ] }, { "date": "2026-08-07", "close": 27.1, "volume": 771235, "typical_volume": 1076531.9, "trend": 30.662763, "fair_value": 35.027134, "relative_strength": -45.321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.482274, "energy": 32.099179, "activity_lines": [ 26.146666, 25.747273, 26.400238, 28.096126 ] }, { "date": "2026-08-14", "close": 25.25, "volume": 556261, "typical_volume": 1057833.9, "trend": 30.221096, "fair_value": 34.934506, "relative_strength": -50.227673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.736422, "energy": 28.161919, "activity_lines": [ 25.956667, 25.682727, 26.169048, 27.746916 ] } ], "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." } } }