{ "ticker": { "uuid": "2f0af9e6-7d0c-41b5-a503-b27449748a81", "symbol": "6761", "name": "Wendell Industrial 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -25.592, "architecture_energy": 37.134, "architecture_maturity": 10.352, "architecture_confidence": 61.815, "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": 36.79, "rotation_up": 21.91, "upward_expansion": 16.41, "deceleration": 45.95, "rotation_down": 58.22, "downward_expansion": 53.41 }, "activity_lines": [ 160.0, 166.190909, 180.361905, 180.394624 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 184.0, "trend_reference": 174.506614, "distance_from_trend": 0.054401, "trend_direction": "Improving", "fair_value": 106.585443, "distance_from_fair_value": 0.726315, "fair_value_direction": "Weakening", "relative_strength": -14.452255, "relative_strength_direction": "Weakening", "price_momentum": 0.382057, "excess_performance": -0.059315, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.054401, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.100232, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.726315, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.141607, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.144523, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.088183, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.382057, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.842748, "read": "Demand-led" } ], "volume": { "latest": 5922526, "relative_activity": 1.18709, "balance": 1.842748, "dry_up": 0.485654, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.155518, "annualized_volatility": 0.671025, "from_high_reference": -0.230126, "from_low_reference": 0.969252 }, "levels": { "trend_reference": 174.506614, "fair_value_reference": 106.585443, "structural_low": 124.5, "invalidation": "A 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153.0, "volume": 1674480, "typical_volume": 6696783.5, "trend": 171.149735, "fair_value": 104.338053, "relative_strength": -23.934266, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.224898, "energy": 20.176015, "activity_lines": [ 176.733333, 187.945455, 192.225548, 184.427906 ] }, { "date": "2026-07-24", "close": 150.5, "volume": 1035792, "typical_volume": 5955132.95, "trend": 171.954497, "fair_value": 104.880096, "relative_strength": -26.788227, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.38689, "energy": 40.803993, "activity_lines": [ 165.7, 180.154545, 188.589305, 183.095665 ] }, { "date": "2026-07-31", "close": 138.0, "volume": 1392344, "typical_volume": 5558718.2, "trend": 172.181217, "fair_value": 105.338613, "relative_strength": -31.894418, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.294704, "energy": 58.876664, "activity_lines": [ 154.066667, 170.645455, 183.822827, 180.905052 ] }, { "date": "2026-08-07", "close": 153.0, "volume": 1341266, "typical_volume": 5223245.4, "trend": 172.730423, "fair_value": 105.850005, "relative_strength": -26.28711, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.381938, "energy": 55.73613, "activity_lines": [ 150.366667, 165.018182, 180.602381, 179.667554 ] }, { "date": "2026-08-14", "close": 184.0, "volume": 5922526, "typical_volume": 4989114.3, "trend": 174.506614, "fair_value": 106.585443, "relative_strength": -14.452255, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.591965, "energy": 37.133636, "activity_lines": [ 160.0, 166.190909, 180.361905, 180.394624 ] } ], "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." } } }