{ "ticker": { "uuid": "a5cebe53-4331-44b0-8b82-497c54136b77", "symbol": "6789", "name": "VisEra Technologies Company 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": "2026-08-21", "benchmark": "^TWII", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 91.804, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "mixed", "architecture_direction": -22.456, "architecture_energy": 42.059, "architecture_maturity": 43.432, "architecture_confidence": 71.78, "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": 38.48, "rotation_up": 14.86, "upward_expansion": 27.24, "deceleration": 52.39, "rotation_down": 59.96, "downward_expansion": 43.24 }, "activity_lines": [ 430.533333, 452.335754, 482.081555, 468.363406 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 424.0, "trend_reference": 433.680735, "distance_from_trend": -0.022322, "trend_direction": "Improving", "fair_value": 295.83449, "distance_from_fair_value": 0.433234, "fair_value_direction": "Weakening", "relative_strength": -9.856601, "relative_strength_direction": "Weakening", "price_momentum": 0.43563, "excess_performance": 0.089897, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.022322, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.193098, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.433234, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.573988, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.098566, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.385149, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.43563, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.244776, "read": "Supply-led" } ], "volume": { "latest": 3211414, "relative_activity": 0.150801, "balance": 0.244776, "dry_up": 0.301435, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.141716, "annualized_volatility": 0.672222, "from_high_reference": -0.335854, "from_low_reference": 0.895031 }, "levels": { "trend_reference": 433.680735, "fair_value_reference": 295.83449, "structural_low": 278.435768, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.039691, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.041918, "regime_survival": 0.5, "best_return": 0.172566, "worst_return": -0.141649, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.113043, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.036131, "regime_survival": 0.2, "best_return": 0.27783, "worst_return": -0.107822, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.157584, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.022691, "regime_survival": 0.25, "best_return": 1.355828, "worst_return": -0.325217, "sufficient": false }, { "horizon": "Full 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"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." } } }