{ "ticker": { "uuid": "a294d90f-9695-4a4b-aedc-bf9271e774dd", "symbol": "1423", "name": "Reward Wool Industry 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": 70.805, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.308, "architecture_energy": 42.327, "architecture_maturity": 6.98, "architecture_confidence": 73.649, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 35.88, "rotation_up": 16.08, "upward_expansion": 22.13, "deceleration": 52.36, "rotation_down": 67.61, "downward_expansion": 54.13 }, "activity_lines": [ 35.696666, 36.323344, 37.234581, 37.204446 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 35.5, "trend_reference": 36.873724, "distance_from_trend": -0.037255, "trend_direction": "Improving", "fair_value": 33.404142, "distance_from_fair_value": 0.062742, "fair_value_direction": "Weakening", "relative_strength": -29.961151, "relative_strength_direction": "Weakening", "price_momentum": 0.019668, "excess_performance": -0.421704, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.037255, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.016943, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.062742, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.101473, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.299612, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.020765, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.019668, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.832168, "read": "Demand-led" } ], "volume": { "latest": 80855, "relative_activity": 0.090752, "balance": 4.832168, "dry_up": 0.122155, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.058405, "annualized_volatility": 0.177231, "from_high_reference": -0.153631, "from_low_reference": 0.04592 }, "levels": { "trend_reference": 36.873724, "fair_value_reference": 33.404142, "structural_low": 34.450001, "invalidation": "A 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37.497536 ] }, { "date": "2026-07-17", "close": 37.0, "volume": 343772, "typical_volume": 969334.85, "trend": 36.805617, "fair_value": 33.179483, "relative_strength": -25.051126, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.05507, "energy": 21.809796, "activity_lines": [ 37.173334, 38.041866, 38.010712, 37.514479 ] }, { "date": "2026-07-24", "close": 35.599998, "volume": 174030, "typical_volume": 970567.5, "trend": 36.811846, "fair_value": 33.235035, "relative_strength": -28.735022, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -29.208595, "energy": 30.270613, "activity_lines": [ 36.523333, 37.549608, 37.812938, 37.436697 ] }, { "date": "2026-07-31", "close": 35.849998, "volume": 83208, "typical_volume": 915208.0, "trend": 36.83254, "fair_value": 33.292914, "relative_strength": -26.552823, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -25.349913, "energy": 31.936956, "activity_lines": [ 36.226666, 37.142889, 37.636113, 37.374642 ] }, { "date": "2026-08-07", "close": 35.549999, "volume": 97238, "typical_volume": 898996.85, "trend": 36.855498, "fair_value": 33.348145, "relative_strength": -28.176307, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.925084, "energy": 40.847871, "activity_lines": [ 35.923332, 36.71382, 37.434769, 37.291897 ] }, { "date": "2026-08-14", "close": 35.5, "volume": 80855, "typical_volume": 890940.4, "trend": 36.873724, "fair_value": 33.404142, "relative_strength": -29.961151, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.308361, "energy": 42.327112, "activity_lines": [ 35.696666, 36.323344, 37.234581, 37.204446 ] } ], "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." } } }