{ "ticker": { "uuid": "6309a1a1-403b-4068-a0d2-d430c842a0ed", "symbol": "8131", "name": "Formosa Advanced Technologies Co., Ltd.", "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": "2026-08-21", "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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -24.945, "architecture_energy": 26.428, "architecture_maturity": 12.437, "architecture_confidence": 63.598, "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": 52.33, "rotation_up": 18.02, "upward_expansion": 9.4, "deceleration": 53.31, "rotation_down": 57.96, "downward_expansion": 48.74 }, "activity_lines": [ 62.526667, 64.941384, 66.412477, 65.836591 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 62.400002, "trend_reference": 66.064148, "distance_from_trend": -0.055463, "trend_direction": "Improving", "fair_value": 39.475387, "distance_from_fair_value": 0.580732, "fair_value_direction": "Weakening", "relative_strength": -13.976816, "relative_strength_direction": "Weakening", "price_momentum": -0.087383, "excess_performance": -0.433115, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.055463, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.082647, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.580732, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.150108, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.139768, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.142409, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.087383, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.160573, "read": "Demand-led" } ], "volume": { "latest": 8238147, "relative_activity": 0.288584, "balance": 1.160573, "dry_up": 0.746488, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.147254, "annualized_volatility": 0.492842, "from_high_reference": -0.259433, "from_low_reference": 1.489936 }, "levels": { "trend_reference": 66.064148, "fair_value_reference": 39.475387, "structural_low": 50.799999, "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": 12, "median_return": -0.005896, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": -0.019838, "regime_survival": 0.333333, "best_return": 0.165756, "worst_return": -0.154723, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.01287, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.069518, "regime_survival": 0.142857, "best_return": 0.208778, "worst_return": -0.244475, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.048906, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.036431, "regime_survival": 0.0, "best_return": 1.519547, "worst_return": 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15.850829, "activity_lines": [ 64.678131, 67.765589, 66.98512, 66.38812 ] }, { "date": "2026-08-07", "close": 62.700001, "volume": 31777306, "typical_volume": 29702574.05, "trend": 66.23758, "fair_value": 39.124238, "relative_strength": -10.857857, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.560921, "energy": 23.600918, "activity_lines": [ 63.005688, 66.55499, 66.720137, 66.153202 ] }, { "date": "2026-08-14", "close": 65.199997, "volume": 18760967, "typical_volume": 28875043.5, "trend": 66.269885, "fair_value": 39.306151, "relative_strength": -10.922398, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.608866, "energy": 24.0114, "activity_lines": [ 62.906666, 65.977458, 66.706646, 66.086261 ] }, { "date": "2026-08-21", "close": 62.400002, "volume": 8238147, "typical_volume": 28546759.85, "trend": 66.064148, "fair_value": 39.475387, "relative_strength": -13.976816, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.945467, "energy": 26.428472, "activity_lines": [ 62.526667, 64.941384, 66.412477, 65.836591 ] } ], "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." } } }