{ "ticker": { "uuid": "af93a5a6-d96b-4a9d-9395-1f3b945c9e12", "symbol": "8401", "name": "Bai Sha Technology Co., Ltd.", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -46.978, "architecture_energy": 38.184, "architecture_maturity": 85.566, "architecture_confidence": 68.632, "architecture_tenure": "Established", "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": 27.24, "rotation_up": 26.71, "upward_expansion": 12.41, "deceleration": 66.3, "rotation_down": 41.41, "downward_expansion": 71.41 }, "activity_lines": [ 22.826666, 22.826363, 23.057857, 23.658119 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 23.049999, "trend_reference": 24.689073, "distance_from_trend": -0.066389, "trend_direction": "Weakening", "fair_value": 22.735362, "distance_from_fair_value": 0.013839, "fair_value_direction": "Weakening", "relative_strength": -37.385171, "relative_strength_direction": "Improving", "price_momentum": -0.163294, "excess_performance": -0.604666, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.066389, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.057775, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.013839, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.068545, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.373852, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.010929, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.163294, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.548369, "read": "Supply-led" } ], "volume": { "latest": 207747, "relative_activity": 0.84656, "balance": 0.548369, "dry_up": 0.659892, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.030702, "annualized_volatility": 0.130249, "from_high_reference": -0.191324, "from_low_reference": 0.047727 }, "levels": { "trend_reference": 24.689073, "fair_value_reference": 22.735362, 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"date": "2026-07-24", "close": 22.799999, "volume": 117556, "typical_volume": 327754.4, "trend": 25.168697, "fair_value": 22.589454, "relative_strength": -37.360707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.112838, "energy": 49.804505, "activity_lines": [ 22.823333, 22.865454, 23.322404, 24.084973 ] }, { "date": "2026-07-31", "close": 22.6, "volume": 237447, "typical_volume": 264602.55, "trend": 25.00693, "fair_value": 22.636888, "relative_strength": -36.407011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.015588, "energy": 50.476494, "activity_lines": [ 22.75, 22.81, 23.200412, 23.919251 ] }, { "date": "2026-08-07", "close": 22.75, "volume": 85003, "typical_volume": 249933.05, "trend": 24.840614, "fair_value": 22.685043, "relative_strength": -36.736408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.468811, "energy": 47.187512, "activity_lines": [ 22.73, 22.787273, 23.107857, 23.773642 ] }, { "date": "2026-08-14", "close": 23.049999, "volume": 207747, "typical_volume": 245401.3, "trend": 24.689073, "fair_value": 22.735362, "relative_strength": -37.385171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.977737, "energy": 38.184374, "activity_lines": [ 22.826666, 22.826363, 23.057857, 23.658119 ] } ], "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." } } }