{ "ticker": { "uuid": "7742b944-4fe6-490a-915d-dc5b06f8871d", "symbol": "2439", "name": "Merry Electronics 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": "2026-08-14", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.335, "architecture_energy": 74.797, "architecture_maturity": 13.696, "architecture_confidence": 75.972, "architecture_tenure": "New", "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": 9.8, "rotation_up": 8.64, "upward_expansion": 16.72, "deceleration": 37.12, "rotation_down": 79.66, "downward_expansion": 94.72 }, "activity_lines": [ 80.853331, 83.681817, 86.070476, 86.857634 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 80.699997, "trend_reference": 89.29, "distance_from_trend": -0.096203, "trend_direction": "Weakening", "fair_value": 101.153075, "distance_from_fair_value": -0.202199, "fair_value_direction": "Weakening", "relative_strength": -40.834366, "relative_strength_direction": "Improving", "price_momentum": -0.176531, "excess_performance": -0.617903, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.096203, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.056198, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.202199, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.035123, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.408344, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.042198, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.176531, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.284936, "read": "Demand-led" } ], "volume": { "latest": 7672629, "relative_activity": 0.775841, "balance": 4.284936, "dry_up": 0.70982, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.057668, "annualized_volatility": 0.285572, "from_high_reference": -0.307296, "from_low_reference": 0.04129 }, "levels": { "trend_reference": 89.29, "fair_value_reference": 101.153075, "structural_low": 77.5, 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"stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.517019, "energy": 32.161923, "activity_lines": [ 87.619999, 89.183636, 88.483333, 89.369032 ] }, { "date": "2026-07-24", "close": 82.900002, "volume": 4707421, "typical_volume": 10094505.0, "trend": 91.04, "fair_value": 101.124783, "relative_strength": -39.438153, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.282818, "energy": 48.400765, "activity_lines": [ 85.573333, 88.016364, 88.044762, 88.814194 ] }, { "date": "2026-07-31", "close": 80.199997, "volume": 7468447, "typical_volume": 9802038.3, "trend": 90.453333, "fair_value": 101.132591, "relative_strength": -39.694143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.535684, "energy": 70.856247, "activity_lines": [ 83.259999, 86.372727, 87.348095, 88.114839 ] }, { "date": "2026-08-07", "close": 80.199997, "volume": 8230389, "typical_volume": 9753030.4, "trend": 89.933333, "fair_value": 101.13763, "relative_strength": -40.184995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.960636, "energy": 76.723037, "activity_lines": [ 81.573332, 84.876363, 86.672857, 87.453333 ] }, { "date": "2026-08-14", "close": 80.699997, "volume": 7672629, "typical_volume": 9889439.5, "trend": 89.29, "fair_value": 101.153075, "relative_strength": -40.834366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.335203, "energy": 74.797056, "activity_lines": [ 80.853331, 83.681817, 86.070476, 86.857634 ] } ], "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." } } }