{ "ticker": { "uuid": "23ddcb17-6451-474d-8085-d5a4b80ab4e1", "symbol": "4772", "name": "Taiwan Speciality Chemicals Corporation", "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": -62.998, "architecture_energy": 66.753, "architecture_maturity": 27.99, "architecture_confidence": 89.532, "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": 9.78, "rotation_up": 13.19, "upward_expansion": 14.03, "deceleration": 40.21, "rotation_down": 68.0, "downward_expansion": 87.36 }, "activity_lines": [ 237.666667, 246.253616, 264.04615, 275.110514 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 254.0, "trend_reference": 290.242702, "distance_from_trend": -0.12487, "trend_direction": "Weakening", "fair_value": 204.937974, "distance_from_fair_value": 0.239399, "fair_value_direction": "Weakening", "relative_strength": -39.851, "relative_strength_direction": "Weakening", "price_momentum": -0.155522, "excess_performance": -0.596894, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.12487, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.059969, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.239399, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.325443, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.39851, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.104239, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.155522, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.477004, "read": "Supply-led" } ], "volume": { "latest": 3503741, "relative_activity": 0.528527, "balance": 0.477004, "dry_up": 0.47648, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.102876, "annualized_volatility": 0.412207, "from_high_reference": -0.351714, "from_low_reference": 0.239024 }, "levels": { "trend_reference": 290.242702, "fair_value_reference": 204.937974, "structural_low": 205.0, 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"down", "direction": -59.902805, "energy": 57.035072, "activity_lines": [ 270.929924, 278.461618, 288.028106, 295.526014 ] }, { "date": "2026-07-17", "close": 245.5, "volume": 3588753, "typical_volume": 8279651.1, "trend": 302.476802, "fair_value": 200.914173, "relative_strength": -39.735654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.097608, "energy": 65.968374, "activity_lines": [ 262.470793, 271.03942, 283.20459, 291.722704 ] }, { "date": "2026-07-24", "close": 234.0, "volume": 2590195, "typical_volume": 7715089.0, "trend": 300.514729, "fair_value": 201.906419, "relative_strength": -43.341803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.721053, "energy": 73.557938, "activity_lines": [ 251.81873, 262.846165, 277.711607, 287.304846 ] }, { "date": "2026-07-31", "close": 216.5, "volume": 3925424, "typical_volume": 7232744.05, "trend": 297.837402, "fair_value": 202.792058, "relative_strength": -46.463417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.733875, "energy": 83.934028, "activity_lines": [ 238.268081, 252.604275, 270.990085, 281.884541 ] }, { "date": "2026-08-07", "close": 233.0, "volume": 2615452, "typical_volume": 6859555.35, "trend": 294.160017, "fair_value": 203.792755, "relative_strength": -43.335178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.605953, "energy": 78.168606, "activity_lines": [ 232.966667, 246.939675, 266.354387, 277.701483 ] }, { "date": "2026-08-14", "close": 254.0, "volume": 3503741, "typical_volume": 6629252.15, "trend": 290.242702, "fair_value": 204.937974, "relative_strength": -39.851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.998487, "energy": 66.752547, "activity_lines": [ 237.666667, 246.253616, 264.04615, 275.110514 ] } ], "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." } } }