{ "ticker": { "uuid": "5bccb001-c303-40c1-9ff7-acc891c91b21", "symbol": "6744", "name": "Feng Chi Biotech 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": 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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -37.124, "architecture_energy": 15.776, "architecture_maturity": 33.197, "architecture_confidence": 75.45, "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": 42.49, "rotation_up": 22.8, "upward_expansion": 18.56, "deceleration": 35.97, "rotation_down": 37.36, "downward_expansion": 57.23 }, "activity_lines": [ 14.867681, 14.860427, 14.987652, 15.087462 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 14.7, "trend_reference": 15.307217, "distance_from_trend": -0.039669, "trend_direction": "Weakening", "fair_value": 18.111817, "distance_from_fair_value": -0.188375, "fair_value_direction": "Improving", "relative_strength": -37.71163, "relative_strength_direction": "Improving", "price_momentum": -0.113761, "excess_performance": -0.555133, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039669, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.053906, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.188375, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.02527, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.377116, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.05458, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.113761, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 5.14229, "read": "Demand-led" } ], "volume": { "latest": 2346, "relative_activity": 0.01526, "balance": 5.14229, "dry_up": 0.621833, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.068673, "annualized_volatility": 0.532653, "from_high_reference": -0.298227, "from_low_reference": 0.166103 }, "levels": { "trend_reference": 15.307217, "fair_value_reference": 18.111817, "structural_low": 12.606087, "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": 22, "median_return": -0.030656, "positive_rate": 0.272727, "directional_follow_through": 0.272727, "median_excess_return": -0.04196, "regime_survival": 0.545455, "best_return": 0.088889, "worst_return": -0.133903, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.061441, "positive_rate": 0.222222, "directional_follow_through": 0.222222, "median_excess_return": -0.084205, "regime_survival": 0.111111, "best_return": 0.286445, "worst_return": -0.153354, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.088736, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.18536, "regime_survival": 0.142857, "best_return": 0.378517, "worst_return": -0.209224, 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"typical_volume": 142155.8, "trend": 15.558565, "fair_value": 18.282463, "relative_strength": -35.197698, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.538245, "energy": 29.522994, "activity_lines": [ 14.789246, 14.853296, 15.038164, 15.217908 ] }, { "date": "2026-07-24", "close": 15.8, "volume": 222345, "typical_volume": 152920.45, "trend": 15.503899, "fair_value": 18.247278, "relative_strength": -33.050122, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.769178, "energy": 10.242883, "activity_lines": [ 15.16829, 15.002316, 15.106969, 15.233485 ] }, { "date": "2026-07-31", "close": 14.65, "volume": 157136, "typical_volume": 158846.7, "trend": 15.429855, "fair_value": 18.202003, "relative_strength": -36.099164, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.207658, "energy": 17.214726, "activity_lines": [ 15.07113, 14.922087, 15.063905, 15.178395 ] }, { "date": "2026-08-07", "close": 14.7, "volume": 554, "typical_volume": 155896.45, "trend": 15.379594, "fair_value": 18.159533, "relative_strength": -36.440415, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.599967, "energy": 16.69839, "activity_lines": [ 14.974435, 14.887028, 15.028056, 15.131307 ] }, { "date": "2026-08-14", "close": 14.7, "volume": 2346, "typical_volume": 153731.4, "trend": 15.307217, "fair_value": 18.111817, "relative_strength": -37.71163, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.12404, "energy": 15.775978, "activity_lines": [ 14.867681, 14.860427, 14.987652, 15.087462 ] } ], "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." } } }