{ "ticker": { "uuid": "7ee56253-f3ac-4a94-9fee-eecd3b7a7cd1", "symbol": "4128", "name": "Microbio 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": 95.889, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -54.676, "architecture_energy": 55.384, "architecture_maturity": 12.71, "architecture_confidence": 83.629, "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": 29.63, "rotation_up": 14.02, "upward_expansion": 13.33, "deceleration": 36.65, "rotation_down": 64.94, "downward_expansion": 84.33 }, "activity_lines": [ 14.64, 15.164545, 15.291667, 15.726559 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 14.8, "trend_reference": 16.608333, "distance_from_trend": -0.108881, "trend_direction": "Weakening", "fair_value": 31.545055, "distance_from_fair_value": -0.53083, "fair_value_direction": "Improving", "relative_strength": -46.053891, "relative_strength_direction": "Improving", "price_momentum": -0.212766, "excess_performance": -0.654138, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.108881, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.083594, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.53083, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.047499, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.460539, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.085272, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.212766, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.67991, "read": "Demand-led" } ], "volume": { "latest": 6420478, "relative_activity": 0.627054, "balance": 1.67991, "dry_up": 0.663733, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.096674, "annualized_volatility": 0.364584, "from_high_reference": -0.451852, "from_low_reference": 0.088235 }, "levels": { "trend_reference": 16.608333, "fair_value_reference": 31.545055, "structural_low": 13.6, 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"relative_strength": -44.503238, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.2228, "energy": 18.214523, "activity_lines": [ 16.223333, 15.813636, 15.791429, 16.355484 ] }, { "date": "2026-07-24", "close": 14.9, "volume": 6112847, "typical_volume": 10114656.95, "trend": 17.076667, "fair_value": 32.245802, "relative_strength": -46.589353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.754012, "energy": 18.992276, "activity_lines": [ 15.836667, 15.700909, 15.675476, 16.206129 ] }, { "date": "2026-07-31", "close": 13.85, "volume": 7548687, "typical_volume": 10077873.8, "trend": 16.915, "fair_value": 32.001862, "relative_strength": -48.615604, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.981838, "energy": 37.335172, "activity_lines": [ 15.11, 15.391818, 15.473571, 15.997957 ] }, { "date": "2026-08-07", "close": 14.7, "volume": 7102149, "typical_volume": 10102637.65, "trend": 16.791667, "fair_value": 31.771917, "relative_strength": -45.680826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.293413, "energy": 52.48212, "activity_lines": [ 14.776667, 15.271818, 15.372857, 15.855054 ] }, { "date": "2026-08-14", "close": 14.8, "volume": 6420478, "typical_volume": 10239115.25, "trend": 16.608333, "fair_value": 31.545055, "relative_strength": -46.053891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.675708, "energy": 55.384384, "activity_lines": [ 14.64, 15.164545, 15.291667, 15.726559 ] } ], "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." } } }