{ "ticker": { "uuid": "6d9bddff-5b6c-46d7-9f14-adcf6e33488d", "symbol": "6895", "name": "Wave Power Technology Inc.", "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": -72.113, "architecture_energy": 84.904, "architecture_maturity": 78.0, "architecture_confidence": 86.462, "architecture_tenure": "Extended", "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": 1.56, "rotation_up": 9.89, "upward_expansion": 20.51, "deceleration": 37.24, "rotation_down": 81.29, "downward_expansion": 98.51 }, "activity_lines": [ 116.866667, 126.036364, 139.540875, 147.134085 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 114.5, "trend_reference": 156.942204, "distance_from_trend": -0.270432, "trend_direction": "Weakening", "fair_value": 160.609087, "distance_from_fair_value": -0.287089, "fair_value_direction": "Weakening", "relative_strength": -59.811426, "relative_strength_direction": "Weakening", "price_momentum": -0.331087, "excess_performance": -0.772459, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.270432, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.134092, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.287089, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.224566, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.598114, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.109102, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.331087, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.475682, "read": "Supply-led" } ], "volume": { "latest": 195136, "relative_activity": 0.353546, "balance": 0.475682, "dry_up": 0.45769, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.130333, "annualized_volatility": 0.383921, "from_high_reference": -0.664095, "from_low_reference": 0.040909 }, "levels": { "trend_reference": 156.942204, "fair_value_reference": 160.609087, 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"activity_lines": [ 157.7, 158.054545, 161.426045, 165.652178 ] }, { "date": "2026-07-03", "close": 148.0, "volume": 593096, "typical_volume": 590761.5, "trend": 171.597759, "fair_value": 161.952281, "relative_strength": -53.719715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.144737, "energy": 33.1182, "activity_lines": [ 154.4, 155.872727, 159.940475, 163.965665 ] }, { "date": "2026-07-10", "close": 138.0, "volume": 340002, "typical_volume": 587358.85, "trend": 168.836004, "fair_value": 161.842689, "relative_strength": -54.851234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.048108, "energy": 58.728213, "activity_lines": [ 147.6, 152.254545, 157.612872, 161.798068 ] }, { "date": "2026-07-17", "close": 124.5, "volume": 447002, "typical_volume": 586751.45, "trend": 166.460439, "fair_value": 161.634397, "relative_strength": -55.914986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.851657, "energy": 77.533589, "activity_lines": [ 138.4, 146.790909, 154.134099, 158.93768 ] }, { "date": "2026-07-24", "close": 121.0, "volume": 236231, "typical_volume": 564285.6, "trend": 164.181354, "fair_value": 161.382387, "relative_strength": -57.43744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.449001, "energy": 83.383871, "activity_lines": [ 130.666667, 141.427273, 150.551273, 156.004749 ] }, { "date": "2026-07-31", "close": 118.0, "volume": 318001, "typical_volume": 564929.25, "trend": 161.72029, "fair_value": 161.120267, "relative_strength": -57.386823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.374754, "energy": 86.466487, "activity_lines": [ 124.766667, 136.081818, 146.886517, 153.025307 ] }, { "date": "2026-08-07", "close": 115.0, "volume": 261102, "typical_volume": 558483.05, "trend": 159.093642, "fair_value": 160.854118, "relative_strength": -58.922544, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.746731, "energy": 86.592699, "activity_lines": [ 119.8, 130.827273, 143.12367, 150.011094 ] }, { "date": "2026-08-14", "close": 114.5, "volume": 195136, "typical_volume": 551939.6, "trend": 156.942204, "fair_value": 160.609087, "relative_strength": -59.811426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.112503, "energy": 84.904151, "activity_lines": [ 116.866667, 126.036364, 139.540875, 147.134085 ] } ], "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." } } }