{ "ticker": { "uuid": "8877c2f7-b354-4799-afa0-49abe6fe6093", "symbol": "2457", "name": "Phihong Technology 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -58.276, "architecture_energy": 61.661, "architecture_maturity": 13.631, "architecture_confidence": 85.822, "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": 29.25, "rotation_up": 9.02, "upward_expansion": 12.8, "deceleration": 38.03, "rotation_down": 69.35, "downward_expansion": 86.13 }, "activity_lines": [ 23.036667, 24.590909, 25.557381, 25.861183 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 23.549999, "trend_reference": 26.773333, "distance_from_trend": -0.120393, "trend_direction": "Weakening", "fair_value": 38.352573, "distance_from_fair_value": -0.38596, "fair_value_direction": "Improving", "relative_strength": -38.045449, "relative_strength_direction": "Weakening", "price_momentum": -0.151351, "excess_performance": -0.592723, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.120393, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.037046, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.38596, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.050382, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.380454, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.004121, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.151351, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.474535, "read": "Supply-led" } ], "volume": { "latest": 5207500, "relative_activity": 0.272198, "balance": 0.474535, "dry_up": 0.467358, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.147313, "annualized_volatility": 0.483009, "from_high_reference": -0.419951, "from_low_reference": 0.183417 }, "levels": { "trend_reference": 26.773333, "fair_value_reference": 38.352573, 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27.978182, 26.847143, 27.181828 ] }, { "date": "2026-07-10", "close": 27.85, "volume": 0, "typical_volume": 20875096.5, "trend": 27.751667, "fair_value": 39.861796, "relative_strength": -29.336838, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.262172, "energy": 14.280659, "activity_lines": [ 28.396667, 28.136364, 26.951429, 27.186559 ] }, { "date": "2026-07-17", "close": 24.549999, "volume": 12999204, "typical_volume": 20321936.05, "trend": 27.563333, "fair_value": 39.528084, "relative_strength": -33.321883, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.995954, "energy": 13.641727, "activity_lines": [ 27.03, 27.623636, 26.742857, 26.98 ] }, { "date": "2026-07-24", "close": 24.0, "volume": 7893428, "typical_volume": 19639131.9, "trend": 27.39, "fair_value": 39.226595, "relative_strength": -35.705536, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.662079, "energy": 27.545894, "activity_lines": [ 25.85, 27.005454, 26.512619, 26.750107 ] }, { "date": "2026-07-31", "close": 21.15, "volume": 16276589, "typical_volume": 19803129.6, "trend": 27.116667, "fair_value": 38.900566, "relative_strength": -42.04382, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.613795, "energy": 47.692512, "activity_lines": [ 24.04, 25.866363, 26.033809, 26.347527 ] }, { "date": "2026-08-07", "close": 22.950001, "volume": 6387061, "typical_volume": 19369802.6, "trend": 26.921667, "fair_value": 38.611789, "relative_strength": -38.072484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.592192, "energy": 58.485745, "activity_lines": [ 23.22, 25.146364, 25.75619, 26.07871 ] }, { "date": "2026-08-14", "close": 23.549999, "volume": 5207500, "typical_volume": 19131265.2, "trend": 26.773333, "fair_value": 38.352573, "relative_strength": -38.045449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.275971, "energy": 61.660608, "activity_lines": [ 23.036667, 24.590909, 25.557381, 25.861183 ] } ], "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." } } }