{ "ticker": { "uuid": "441a8f3b-3945-426a-84fa-5a358e93a996", "symbol": "8088", "name": "Panram International Corp.", "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": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.751, "architecture_energy": 61.112, "architecture_maturity": 12.247, "architecture_confidence": 78.427, "architecture_tenure": "New", "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": 40.0, "rotation_up": 8.77, "upward_expansion": 12.51, "deceleration": 38.42, "rotation_down": 67.02, "downward_expansion": 83.51 }, "activity_lines": [ 46.753333, 50.271035, 53.128273, 53.154227 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 48.25, "trend_reference": 53.795893, "distance_from_trend": -0.103091, "trend_direction": "Improving", "fair_value": 37.315126, "distance_from_fair_value": 0.293041, "fair_value_direction": "Weakening", "relative_strength": -26.110789, "relative_strength_direction": "Weakening", "price_momentum": -0.048263, "excess_performance": -0.489635, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.103091, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.072009, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.293041, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.204538, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.261108, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.129084, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.048263, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.545033, "read": "Demand-led" } ], "volume": { "latest": 5915115, "relative_activity": 0.328473, "balance": 2.545033, "dry_up": 0.345973, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.15743, "annualized_volatility": 0.548376, "from_high_reference": -0.324279, "from_low_reference": 0.688724 }, "levels": { "trend_reference": 53.795893, "fair_value_reference": 37.315126, "structural_low": 39.799999, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 5.1e-05, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.00772, "regime_survival": 0.8125, "best_return": 0.281796, "worst_return": -0.202194, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.030702, "positive_rate": 0.571429, "directional_follow_through": 0.285714, "median_excess_return": 0.040025, "regime_survival": 0.571429, "best_return": 0.654135, "worst_return": -0.274483, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.098552, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.104194, "regime_survival": 0.25, "best_return": 0.530766, "worst_return": -0.449655, "sufficient": false 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[ 59.940463, 59.848851, 56.702516, 55.46724 ] }, { "date": "2026-07-17", "close": 47.25, "volume": 5966551, "typical_volume": 22709264.05, "trend": 53.657307, "fair_value": 36.890383, "relative_strength": -23.205829, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.940588, "energy": 11.945331, "activity_lines": [ 55.369227, 57.777313, 56.003747, 55.06746 ] }, { "date": "2026-07-24", "close": 46.5, "volume": 3326246, "typical_volume": 22332610.7, "trend": 53.862557, "fair_value": 36.987625, "relative_strength": -25.927312, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -17.534826, "energy": 25.81008, "activity_lines": [ 51.396425, 55.669376, 55.255544, 54.605698 ] }, { "date": "2026-07-31", "close": 43.799999, "volume": 3141239, "typical_volume": 20868673.55, "trend": 53.868729, "fair_value": 37.081199, "relative_strength": -29.132527, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -33.108839, "energy": 37.82843, "activity_lines": [ 47.93, 53.18413, 54.249716, 53.956501 ] }, { "date": "2026-08-07", "close": 47.099998, "volume": 12538421, "typical_volume": 18455609.3, "trend": 53.916524, "fair_value": 37.193026, "relative_strength": -25.499247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.107979, "energy": 53.371753, "activity_lines": [ 46.726666, 51.513082, 53.610086, 53.519809 ] }, { "date": "2026-08-14", "close": 48.25, "volume": 5915115, "typical_volume": 18007945.4, "trend": 53.795893, "fair_value": 37.315126, "relative_strength": -26.110789, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.750701, "energy": 61.112255, "activity_lines": [ 46.753333, 50.271035, 53.128273, 53.154227 ] } ], "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." } } }