{ "ticker": { "uuid": "786f512a-d882-4f3c-b10c-a30fa2153cf3", "symbol": "6548", "name": "Chang Wah Technology 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 25.078, "architecture_energy": 20.454, "architecture_maturity": 72.267, "architecture_confidence": 89.883, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 51.68, "rotation_up": 18.66, "upward_expansion": 51.65, "deceleration": 93.77, "rotation_down": 35.83, "downward_expansion": 19.98 }, "activity_lines": [ 70.473333, 74.73762, 72.934221, 67.750041 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 72.599998, "trend_reference": 61.613557, "distance_from_trend": 0.178312, "trend_direction": "Improving", "fair_value": 39.021498, "distance_from_fair_value": 0.860513, "fair_value_direction": "Improving", "relative_strength": 5.943072, "relative_strength_direction": "Improving", "price_momentum": 0.492717, "excess_performance": 0.051345, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.178312, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.246585, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.860513, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.489588, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.059431, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.221431, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.492717, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.102332, "read": "Demand-led" } ], "volume": { "latest": 11220445, "relative_activity": 0.239588, "balance": 1.102332, "dry_up": 0.473934, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.198065, "annualized_volatility": 0.691394, "from_high_reference": -0.301923, "from_low_reference": 1.482769 }, "levels": { "trend_reference": 61.613557, "fair_value_reference": 39.021498, "structural_low": 41.392461, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.028649, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": 0.001253, "regime_survival": 0.5, "best_return": 0.4775, "worst_return": -0.099265, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.003469, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.028196, "regime_survival": 0.333333, "best_return": 1.001103, "worst_return": -0.14322, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.044462, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.03647, "regime_survival": 0.0, "best_return": 1.323612, "worst_return": -0.185863, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 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"stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.993956, "energy": 23.737453, "activity_lines": [ 71.66, 77.434452, 71.642342, 66.171664 ] }, { "date": "2026-08-07", "close": 72.400002, "volume": 24874544, "typical_volume": 48166993.4, "trend": 60.726064, "fair_value": 38.756123, "relative_strength": 9.888187, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.436524, "energy": 23.796948, "activity_lines": [ 70.393334, 76.109072, 72.343454, 66.98398 ] }, { "date": "2026-08-14", "close": 72.599998, "volume": 11220445, "typical_volume": 46832235.7, "trend": 61.613557, "fair_value": 39.021498, "relative_strength": 5.943072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.07816, "energy": 20.453861, "activity_lines": [ 70.473333, 74.73762, 72.934221, 67.750041 ] } ], "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." } } }