{ "ticker": { "uuid": "a4425c66-ede5-40fb-bc17-0718435f3664", "symbol": "6840", "name": "BTL Inc.", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 74.367, "architecture_energy": 57.423, "architecture_maturity": 22.0, "architecture_confidence": 71.102, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 46.5, "rotation_up": 63.66, "upward_expansion": 81.88, "deceleration": 49.18, "rotation_down": 18.76, "downward_expansion": 17.88 }, "activity_lines": [ 68.806667, 66.140151, 65.218832, 64.683185 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 81.0, "trend_reference": 64.652574, "distance_from_trend": 0.25285, "trend_direction": "Improving", "fair_value": 59.158259, "distance_from_fair_value": 0.369209, "fair_value_direction": "Improving", "relative_strength": -8.724922, "relative_strength_direction": "Improving", "price_momentum": 0.316233, "excess_performance": -0.125139, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.25285, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031393, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.369209, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.329164, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.087249, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.199001, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.316233, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.992715, "read": "Demand-led" } ], "volume": { "latest": 3773940, "relative_activity": 4.809513, "balance": 4.992715, "dry_up": 1.678296, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.085857, "annualized_volatility": 0.492313, "from_high_reference": -0.025271, "from_low_reference": 0.540535 }, "levels": { "trend_reference": 64.652574, "fair_value_reference": 59.158259, "structural_low": 54.154556, 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64.218899, 64.072011 ] }, { "date": "2026-07-17", "close": 60.900002, "volume": 343120, "typical_volume": 690313.2, "trend": 63.727807, "fair_value": 58.978003, "relative_strength": -28.366214, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.597897, "energy": 10.496091, "activity_lines": [ 63.106485, 63.705109, 63.950634, 63.889679 ] }, { "date": "2026-07-24", "close": 59.900002, "volume": 268103, "typical_volume": 642264.15, "trend": 63.738807, "fair_value": 58.972085, "relative_strength": -30.602048, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.954236, "energy": 36.422764, "activity_lines": [ 61.970525, 63.03503, 63.61268, 63.642724 ] }, { "date": "2026-07-31", "close": 60.0, "volume": 340174, "typical_volume": 615497.9, "trend": 63.756422, "fair_value": 58.969088, "relative_strength": -29.15221, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.847873, "energy": 41.392923, "activity_lines": [ 61.233185, 62.403986, 63.283147, 63.401511 ] }, { "date": "2026-08-07", "close": 66.599998, "volume": 885500, "typical_volume": 632135.65, "trend": 63.977626, "fair_value": 59.01524, "relative_strength": -22.84152, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.853722, "energy": 21.508544, "activity_lines": [ 62.7, 63.000928, 63.577324, 63.584967 ] }, { "date": "2026-08-14", "close": 81.0, "volume": 3773940, "typical_volume": 784682.4, "trend": 64.652574, "fair_value": 59.158259, "relative_strength": -8.724922, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.3672, "energy": 57.42283, "activity_lines": [ 68.806667, 66.140151, 65.218832, 64.683185 ] } ], "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." } } }