{ "ticker": { "uuid": "4dd63ca0-e6ab-4ef3-b4ac-4079aeb602ab", "symbol": "6929", "name": "We Can Medicines 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": 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": -50.234, "architecture_energy": 32.94, "architecture_maturity": 77.762, "architecture_confidence": 61.523, "architecture_tenure": "Established", "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": 31.74, "rotation_up": 25.63, "upward_expansion": 15.15, "deceleration": 66.02, "rotation_down": 40.52, "downward_expansion": 65.15 }, "activity_lines": [ 23.116667, 23.116364, 23.624524, 25.104731 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 22.450001, "trend_reference": 27.293333, "distance_from_trend": -0.177455, "trend_direction": "Weakening", "fair_value": 55.189461, "distance_from_fair_value": -0.593219, "fair_value_direction": "Improving", "relative_strength": -46.553273, "relative_strength_direction": "Improving", "price_momentum": -0.329851, "excess_performance": -0.771223, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.177455, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.100319, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.593219, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.035554, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.465533, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.039392, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.329851, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.709365, "read": "Supply-led" } ], "volume": { "latest": 57000, "relative_activity": 1.043693, "balance": 0.709365, "dry_up": 0.628921, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.103992, "annualized_volatility": 0.375266, "from_high_reference": -0.384931, "from_low_reference": 0.066508 }, "levels": { "trend_reference": 27.293333, "fair_value_reference": 55.189461, 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"Established contraction", "gate": "down", "direction": -57.645272, "energy": 42.286539, "activity_lines": [ 23.036666, 23.192727, 24.039762, 25.690107 ] }, { "date": "2026-08-07", "close": 23.950001, "volume": 22013, "typical_volume": 53707.95, "trend": 27.586667, "fair_value": 55.977593, "relative_strength": -41.946236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.541511, "energy": 30.875355, "activity_lines": [ 23.346667, 23.311818, 23.884524, 25.436129 ] }, { "date": "2026-08-14", "close": 22.450001, "volume": 57000, "typical_volume": 54613.75, "trend": 27.293333, "fair_value": 55.189461, "relative_strength": -46.553273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.233686, "energy": 32.939939, "activity_lines": [ 23.116667, 23.116364, 23.624524, 25.104731 ] } ], "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." } } }