{ "ticker": { "uuid": "a386050f-c669-4c27-a35c-b6a8930f77b0", "symbol": "7814", "name": "HORIEN", "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": "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": -67.437, "architecture_energy": 78.184, "architecture_maturity": 23.657, "architecture_confidence": 85.752, "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": 10.04, "rotation_up": 8.95, "upward_expansion": 18.04, "deceleration": 37.11, "rotation_down": 77.59, "downward_expansion": 93.71 }, "activity_lines": [ 30.846667, 33.196364, 36.215476, 37.640968 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 30.5, "trend_reference": 39.138333, "distance_from_trend": -0.220713, "trend_direction": "Weakening", "fair_value": 36.423171, "distance_from_fair_value": -0.162621, "fair_value_direction": "Weakening", "relative_strength": -43.888099, "relative_strength_direction": "Weakening", "price_momentum": -0.27381, "excess_performance": -0.715182, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.220713, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.037069, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.162621, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.363731, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.438881, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.245089, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.27381, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.113295, "read": "Supply-led" } ], "volume": { "latest": 153100, "relative_activity": 0.35217, "balance": 0.113295, "dry_up": 1.348655, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.145523, "annualized_volatility": 0.42502, "from_high_reference": -0.336957, "from_low_reference": 0.089286 }, "levels": { "trend_reference": 39.138333, "fair_value_reference": 36.423171, "structural_low": 29.299999, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": 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"typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-24", "close": 30.9, "volume": 1751047, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-31", "close": 30.25, "volume": 279075, "typical_volume": 447608.25, "trend": 39.743333, "fair_value": 36.575625, "relative_strength": -41.913672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.362409, "energy": 70.814727, "activity_lines": [ 33.346667, 35.419091, 37.836191, 38.837204 ] }, { "date": "2026-08-07", "close": 30.15, "volume": 162000, "typical_volume": 449188.5, "trend": 39.448333, "fair_value": 36.496296, "relative_strength": -43.041932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.184346, "energy": 77.266728, "activity_lines": [ 31.77, 34.163636, 36.978334, 38.21828 ] }, { "date": "2026-08-14", "close": 30.5, "volume": 153100, "typical_volume": 434733.65, "trend": 39.138333, "fair_value": 36.423171, "relative_strength": -43.888099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.436653, "energy": 78.183858, "activity_lines": [ 30.846667, 33.196364, 36.215476, 37.640968 ] } ], "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." } } }