{ "ticker": { "uuid": "780a5826-7cb2-42db-a875-de5446478834", "symbol": "6677", "name": "Anxo Pharmaceutical Co., Ltd.", "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": -63.951, "architecture_energy": 77.251, "architecture_maturity": 64.101, "architecture_confidence": 96, "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": 10.65, "rotation_up": 15.55, "upward_expansion": 18.99, "deceleration": 37.28, "rotation_down": 66.54, "downward_expansion": 92.32 }, "activity_lines": [ 16.013333, 16.385455, 17.032619, 17.657957 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 16.1, "trend_reference": 18.426667, "distance_from_trend": -0.126266, "trend_direction": "Weakening", "fair_value": 30.433133, "distance_from_fair_value": -0.470971, "fair_value_direction": "Improving", "relative_strength": -44.370984, "relative_strength_direction": "Weakening", "price_momentum": -0.172237, "excess_performance": -0.613609, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.126266, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.078283, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.470971, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.001736, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.44371, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.025141, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.172237, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.360444, "read": "Supply-led" } ], "volume": { "latest": 194437, "relative_activity": 0.597565, "balance": 0.360444, "dry_up": 0.511585, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.058051, "annualized_volatility": 0.361272, "from_high_reference": -0.472131, "from_low_reference": 0.03871 }, "levels": { "trend_reference": 18.426667, "fair_value_reference": 30.433133, "structural_low": 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"Established contraction", "gate": "down", "direction": -56.252951, "energy": 37.871768, "activity_lines": [ 17.300001, 17.399091, 18.088572, 18.524946 ] }, { "date": "2026-07-17", "close": 16.35, "volume": 419762, "typical_volume": 336986.4, "trend": 18.861667, "fair_value": 31.433313, "relative_strength": -42.752154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.177937, "energy": 44.48678, "activity_lines": [ 17.023334, 17.17, 17.860238, 18.352043 ] }, { "date": "2026-07-24", "close": 16.200001, "volume": 229085, "typical_volume": 335236.75, "trend": 18.741667, "fair_value": 31.185423, "relative_strength": -43.940726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.745388, "energy": 53.140522, "activity_lines": [ 16.733334, 16.96, 17.642619, 18.180323 ] }, { "date": "2026-07-31", "close": 15.65, "volume": 175737, "typical_volume": 331240.35, "trend": 18.596667, "fair_value": 30.923232, "relative_strength": -44.371658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.144357, "energy": 76.978064, "activity_lines": [ 16.313334, 16.678182, 17.393572, 17.98086 ] }, { "date": "2026-08-07", "close": 16.0, "volume": 66584, "typical_volume": 327137.15, "trend": 18.508333, "fair_value": 30.667722, "relative_strength": -43.702316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.228246, "energy": 78.218703, "activity_lines": [ 16.09, 16.507273, 17.198572, 17.813334 ] }, { "date": "2026-08-14", "close": 16.1, "volume": 194437, "typical_volume": 325382.1, "trend": 18.426667, "fair_value": 30.433133, "relative_strength": -44.370984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.95139, "energy": 77.251054, "activity_lines": [ 16.013333, 16.385455, 17.032619, 17.657957 ] } ], "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." } } }