{ "ticker": { "uuid": "53e2fc0a-3286-481b-93c2-f4886102fb40", "symbol": "3305", "name": "Shenmao Technology Inc", "exchange": "TAI", "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": 81.436, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -20.145, "architecture_energy": 40.47, "architecture_maturity": 7.158, "architecture_confidence": 65.033, "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": 40.84, "rotation_up": 15.08, "upward_expansion": 21.91, "deceleration": 52.94, "rotation_down": 59.78, "downward_expansion": 46.91 }, "activity_lines": [ 109.38, 114.970209, 122.750751, 120.750109 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 113.5, "trend_reference": 118.164084, "distance_from_trend": -0.039471, "trend_direction": "Improving", "fair_value": 78.944679, "distance_from_fair_value": 0.437716, "fair_value_direction": "Weakening", "relative_strength": -27.604949, "relative_strength_direction": "Weakening", "price_momentum": 0.128887, "excess_performance": -0.312485, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039471, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.060875, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.437716, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.434854, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.276049, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.249298, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.128887, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.982965, "read": "Demand-led" } ], "volume": { "latest": 13903241, "relative_activity": 0.512745, "balance": 1.982965, "dry_up": 0.36945, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.149043, "annualized_volatility": 0.625232, "from_high_reference": -0.31734, "from_low_reference": 0.574298 }, "levels": { "trend_reference": 118.164084, "fair_value_reference": 78.944679, "structural_low": 89.900002, "invalidation": "A 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"relative_strength": -33.807477, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.488622, "energy": 37.735789, "activity_lines": [ 109.368607, 120.201294, 124.464001, 121.381398 ] }, { "date": "2026-08-07", "close": 112.5, "volume": 7961638, "typical_volume": 26955993.2, "trend": 117.993706, "fair_value": 78.597649, "relative_strength": -25.936503, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.996356, "energy": 35.766345, "activity_lines": [ 108.510923, 117.11311, 123.584726, 121.040026 ] }, { "date": "2026-08-14", "close": 113.5, "volume": 13903241, "typical_volume": 27115295.35, "trend": 118.164084, "fair_value": 78.944679, "relative_strength": -27.604949, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.144519, "energy": 40.470038, "activity_lines": [ 109.38, 114.970209, 122.750751, 120.750109 ] } ], "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." } } }