{ "ticker": { "uuid": "3029e1c9-d925-41a0-a93e-24ee7919f5df", "symbol": "4728", "name": "Sunmax Biotechnology 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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.962, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 46.932, "architecture_energy": 29.547, "architecture_maturity": 28.855, "architecture_confidence": 60.339, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 47.18, "rotation_up": 57.87, "upward_expansion": 75.68, "deceleration": 55.32, "rotation_down": 16.52, "downward_expansion": 7.02 }, "activity_lines": [ 385.0, 382.5, 382.030952, 381.975373 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 385.5, "trend_reference": 381.422748, "distance_from_trend": 0.01069, "trend_direction": "Improving", "fair_value": 301.324215, "distance_from_fair_value": 0.279353, "fair_value_direction": "Weakening", "relative_strength": -28.95111, "relative_strength_direction": "Improving", "price_momentum": 0.014577, "excess_performance": -0.426795, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.01069, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 5.8e-05, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.279353, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.066507, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.289511, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.04102, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.014577, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.21933, "read": "Supply-led" } ], "volume": { "latest": 43019, "relative_activity": 0.971731, "balance": 0.21933, "dry_up": 0.621689, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.029033, "annualized_volatility": 0.089319, "from_high_reference": -0.078299, "from_low_reference": 0.101429 }, "levels": { "trend_reference": 381.422748, "fair_value_reference": 301.324215, "structural_low": 350.0, 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382.92572, 382.098092 ] }, { "date": "2026-05-15", "close": 384.5, "volume": 25024, "typical_volume": 58281.65, "trend": 381.491701, "fair_value": 285.691024, "relative_strength": -33.053075, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.105727, "energy": 20.167818, "activity_lines": [ 385.966667, 385.884032, 383.207123, 382.297768 ] }, { "date": "2026-05-22", "close": 383.0, "volume": 63057, "typical_volume": 60882.0, "trend": 381.528368, "fair_value": 286.796162, "relative_strength": -34.205475, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.389949, "energy": 14.154781, "activity_lines": [ 384.233333, 385.62824, 383.314826, 382.395077 ] }, { "date": "2026-05-29", "close": 380.0, "volume": 37050, "typical_volume": 54681.2, "trend": 381.368105, "fair_value": 287.901635, "relative_strength": -37.467366, "stage": 3, "regime": "balance", "modifier": "Upper balance after 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}, { "date": "2026-07-10", "close": 377.0, "volume": 12017, "typical_volume": 46430.6, "trend": 380.946582, "fair_value": 295.05255, "relative_strength": -33.962501, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.836354, "energy": 9.541219, "activity_lines": [ 378.5, 379.136364, 381.356686, 381.214621 ] }, { "date": "2026-07-17", "close": 376.5, "volume": 17000, "typical_volume": 45179.9, "trend": 380.863511, "fair_value": 296.166332, "relative_strength": -29.070271, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.684072, "energy": 11.870113, "activity_lines": [ 377.866667, 378.490909, 380.870136, 380.927744 ] }, { "date": "2026-07-24", "close": 383.0, "volume": 26002, "typical_volume": 44777.45, "trend": 381.029416, "fair_value": 297.369296, "relative_strength": -28.712737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.52557, "energy": 4.83209, "activity_lines": [ 379.433333, 379.127273, 381.002961, 381.065582 ] }, { "date": "2026-07-31", "close": 383.0, "volume": 21018, "typical_volume": 44625.85, "trend": 381.195321, "fair_value": 298.642264, "relative_strength": -26.921747, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.598821, "energy": 9.94793, "activity_lines": [ 380.533333, 379.790909, 381.109777, 381.192717 ] }, { "date": "2026-08-07", "close": 389.0, "volume": 20051, "typical_volume": 43674.15, "trend": 381.17351, "fair_value": 299.953693, "relative_strength": -26.699154, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.676242, "energy": 23.71109, "activity_lines": [ 383.733333, 381.545455, 381.757398, 381.696245 ] }, { "date": "2026-08-14", "close": 385.5, "volume": 43019, "typical_volume": 44270.5, "trend": 381.422748, "fair_value": 301.324215, "relative_strength": -28.95111, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.931984, "energy": 29.546562, "activity_lines": [ 385.0, 382.5, 382.030952, 381.975373 ] } ], "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." } } }