{ "ticker": { "uuid": "292ecc6d-c5e8-48da-8ffd-1cfbd1e5fbda", "symbol": "2926", "name": "Eslite Spectrum 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": -74.988, "architecture_energy": 84.075, "architecture_maturity": 100.0, "architecture_confidence": 89.622, "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": 1.04, "rotation_up": 12.41, "upward_expansion": 19.93, "deceleration": 37.72, "rotation_down": 78.94, "downward_expansion": 97.93 }, "activity_lines": [ 30.493333, 31.405344, 32.92855, 33.982313 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 30.0, "trend_reference": 35.308757, "distance_from_trend": -0.150352, "trend_direction": "Weakening", "fair_value": 49.641067, "distance_from_fair_value": -0.395662, "fair_value_direction": "Weakening", "relative_strength": -45.170552, "relative_strength_direction": "Weakening", "price_momentum": -0.209405, "excess_performance": -0.650777, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.150352, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.064066, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.395662, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.076832, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.451706, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.019421, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.209405, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.309457, "read": "Supply-led" } ], "volume": { "latest": 78000, "relative_activity": 0.805809, "balance": 0.309457, "dry_up": 0.813766, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.056698, "annualized_volatility": 0.178622, "from_high_reference": -0.346271, "from_low_reference": 0.005025 }, "levels": { "trend_reference": 35.308757, "fair_value_reference": 49.641067, "structural_low": 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50.244428, "relative_strength": -42.862183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.873997, "energy": 77.196322, "activity_lines": [ 32.029999, 32.968384, 34.232838, 35.059443 ] }, { "date": "2026-07-31", "close": 30.5, "volume": 101000, "typical_volume": 96845.0, "trend": 35.862995, "fair_value": 50.038711, "relative_strength": -42.956529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.103932, "energy": 81.927853, "activity_lines": [ 31.386666, 32.388417, 33.787224, 34.695308 ] }, { "date": "2026-08-07", "close": 30.4, "volume": 49060, "typical_volume": 95597.15, "trend": 35.588431, "fair_value": 49.840542, "relative_strength": -43.526308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.204445, "energy": 82.289592, "activity_lines": [ 30.91, 31.896044, 33.361905, 34.342856 ] }, { "date": "2026-08-14", "close": 30.0, "volume": 78000, "typical_volume": 96797.15, "trend": 35.308757, "fair_value": 49.641067, "relative_strength": -45.170552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.987508, "energy": 84.075314, "activity_lines": [ 30.493333, 31.405344, 32.92855, 33.982313 ] } ], "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." } } }