{ "ticker": { "uuid": "1e64bd55-2a09-4fda-9e34-14ae286dd447", "symbol": "6235", "name": "Optorun Co.,Ltd.", "exchange": "JPX", "country": "JP", "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": "2026-08-21", "benchmark": "^N225", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 79.036, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -41.484, "architecture_energy": 56.81, "architecture_maturity": 19.209, "architecture_confidence": 82.418, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 24.77, "rotation_up": 15.26, "upward_expansion": 25.83, "deceleration": 50.43, "rotation_down": 68.65, "downward_expansion": 53.16 }, "activity_lines": [ 2997.0, 3178.111017, 3461.637902, 3451.638589 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 2674.0, "trend_reference": 3301.696615, "distance_from_trend": -0.190113, "trend_direction": "Improving", "fair_value": 2011.094223, "distance_from_fair_value": 0.329624, "fair_value_direction": "Weakening", "relative_strength": -12.405883, "relative_strength_direction": "Weakening", "price_momentum": -0.051773, "excess_performance": -0.213507, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.190113, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.174049, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.329624, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.694605, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.124059, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.531949, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.051773, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.60335, "read": "Supply-led" } ], "volume": { "latest": 3621800, "relative_activity": 1.66175, "balance": 0.60335, "dry_up": 1.127054, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.159951, "annualized_volatility": 0.682531, "from_high_reference": -0.451519, "from_low_reference": 0.758472 }, "levels": { "trend_reference": 3301.696615, "fair_value_reference": 2011.094223, "structural_low": 2538.0, 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"direction": -21.565422, "energy": 44.063636, "activity_lines": [ 3161.0, 3384.975284, 3590.436935, 3493.117722 ] }, { "date": "2026-08-14", "close": 3210.0, "volume": 2527900, "typical_volume": 2091025.0, "trend": 3282.729948, "fair_value": 2004.759739, "relative_strength": 1.161713, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.593701, "energy": 48.22789, "activity_lines": [ 3154.666667, 3324.970517, 3552.542181, 3490.911489 ] }, { "date": "2026-08-21", "close": 2674.0, "volume": 3621800, "typical_volume": 2179510.0, "trend": 3301.696615, "fair_value": 2011.094223, "relative_strength": -12.405883, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.483964, "energy": 56.810312, "activity_lines": [ 2997.0, 3178.111017, 3461.637902, 3451.638589 ] } ], "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." } } }