{ "ticker": { "uuid": "3062b657-bca6-41ae-a674-7178a352ddb3", "symbol": "8432", "name": "TSH Biopharm Corporation Limited", "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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 52.255, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 6.096, "architecture_energy": 5.566, "architecture_maturity": 13.838, "architecture_confidence": 38.256, "architecture_tenure": "New", "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": 61.8, "rotation_up": 27.44, "upward_expansion": 27.64, "deceleration": 61.83, "rotation_down": 32.14, "downward_expansion": 25.3 }, "activity_lines": [ 50.45, 50.645454, 50.144828, 49.964665 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 50.5, "trend_reference": 50.241273, "distance_from_trend": 0.00515, "trend_direction": "Weakening", "fair_value": 50.319093, "distance_from_fair_value": 0.003595, "fair_value_direction": "Improving", "relative_strength": -29.282846, "relative_strength_direction": "Improving", "price_momentum": -0.053288, "excess_performance": -0.49466, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.00515, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.016136, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.003595, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.057202, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.292828, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.070575, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.053288, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.57135, "read": "Demand-led" } ], "volume": { "latest": 74289, "relative_activity": 0.368998, "balance": 1.57135, "dry_up": 0.720654, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.037353, "annualized_volatility": 0.168998, "from_high_reference": -0.104376, "from_low_reference": 0.157092 }, "levels": { "trend_reference": 50.241273, "fair_value_reference": 50.319093, "structural_low": 46.211183, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.004212, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.019297, "regime_survival": 0.428571, "best_return": 0.118159, "worst_return": -0.027869, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.100656, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.004222, "regime_survival": 0.285714, "best_return": 0.14012, "worst_return": -0.132787, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.108982, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.11291, "regime_survival": 0.0, "best_return": 0.161157, "worst_return": -0.175354, "sufficient": true 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50.879999, 50.563776, 49.739272, 49.985391 ] }, { "date": "2026-07-24", "close": 51.0, "volume": 124031, "typical_volume": 196065.15, "trend": 50.67064, "fair_value": 50.172369, "relative_strength": -27.155484, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.086904, "energy": 18.653439, "activity_lines": [ 50.873333, 50.755685, 49.89849, 49.997922 ] }, { "date": "2026-07-31", "close": 49.650002, "volume": 215015, "typical_volume": 200115.5, "trend": 50.477827, "fair_value": 50.211376, "relative_strength": -27.492258, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.065971, "energy": 6.251432, "activity_lines": [ 50.43, 50.626308, 49.922181, 49.932074 ] }, { "date": "2026-08-07", "close": 50.799999, "volume": 167011, "typical_volume": 201663.55, "trend": 50.317008, "fair_value": 50.266625, "relative_strength": -26.985261, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.427834, "energy": 7.604634, "activity_lines": [ 50.433333, 50.686718, 50.05215, 49.952859 ] }, { "date": "2026-08-14", "close": 50.5, "volume": 74289, "typical_volume": 201326.25, "trend": 50.241273, "fair_value": 50.319093, "relative_strength": -29.282846, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.095973, "energy": 5.565733, "activity_lines": [ 50.45, 50.645454, 50.144828, 49.964665 ] } ], "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." } } }