{ "ticker": { "uuid": "9babf168-d28a-4323-9388-0880934730b3", "symbol": "6005", "name": "Capital Securities Corporation", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 82.928, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 16.668, "architecture_energy": 13.618, "architecture_maturity": 63.733, "architecture_confidence": 76.073, "architecture_tenure": "Developing", "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": 59.85, "rotation_up": 21.91, "upward_expansion": 47.31, "deceleration": 84.88, "rotation_down": 31.02, "downward_expansion": 25.31 }, "activity_lines": [ 30.107909, 30.775644, 30.898828, 29.694812 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 30.9, "trend_reference": 28.188819, "distance_from_trend": 0.096179, "trend_direction": "Improving", "fair_value": 19.680917, "distance_from_fair_value": 0.570049, "fair_value_direction": "Improving", "relative_strength": -10.099382, "relative_strength_direction": "Improving", "price_momentum": 0.271885, "excess_performance": -0.169487, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096179, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.132899, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.570049, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048908, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100994, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.047864, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.271885, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.251189, "read": "Demand-led" } ], "volume": { "latest": 53335706, "relative_activity": 0.659441, "balance": 1.251189, "dry_up": 0.667846, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.107469, "annualized_volatility": 0.513613, "from_high_reference": -0.222349, "from_low_reference": 0.678768 }, "levels": { "trend_reference": 28.188819, "fair_value_reference": 19.680917, "structural_low": 23.640385, "invalidation": "A 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28.883049 ] }, { "date": "2026-07-17", "close": 28.787184, "volume": 53618343, "typical_volume": 79838529.4, "trend": 27.062862, "fair_value": 19.209636, "relative_strength": -10.920615, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.325014, "energy": 22.354393, "activity_lines": [ 31.421648, 32.531105, 30.443383, 29.009678 ] }, { "date": "2026-07-24", "close": 30.357395, "volume": 55739326, "typical_volume": 80154542.55, "trend": 27.352187, "fair_value": 19.33196, "relative_strength": -7.998699, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.442996, "energy": 24.082456, "activity_lines": [ 30.781933, 32.171067, 30.610997, 29.222229 ] }, { "date": "2026-07-31", "close": 29.833992, "volume": 57988758, "typical_volume": 80217515.2, "trend": 27.647329, "fair_value": 19.449203, "relative_strength": -8.300146, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.564502, "energy": 23.545748, "activity_lines": [ 30.249806, 31.659559, 30.708823, 29.382345 ] }, { "date": "2026-08-07", "close": 29.528673, "volume": 48998229, "typical_volume": 79898192.55, "trend": 27.938108, "fair_value": 19.559801, "relative_strength": -11.231127, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.85557, "energy": 21.801397, "activity_lines": [ 29.825268, 31.056059, 30.750986, 29.503722 ] }, { "date": "2026-08-14", "close": 30.9, "volume": 53335706, "typical_volume": 80880158.55, "trend": 28.188819, "fair_value": 19.680917, "relative_strength": -10.099382, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.668434, "energy": 13.618157, "activity_lines": [ 30.107909, 30.775644, 30.898828, 29.694812 ] } ], "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." } } }