{ "ticker": { "uuid": "b081b6e2-d920-441a-913f-d8fe7159dd9a", "symbol": "6876", "name": "LAUNXP Biomedical 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": -82.656, "architecture_energy": 87.363, "architecture_maturity": 52.0, "architecture_confidence": 84.323, "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": 1.04, "rotation_up": 10.71, "upward_expansion": 20.06, "deceleration": 37.3, "rotation_down": 82.63, "downward_expansion": 98.06 }, "activity_lines": [ 12.703333, 14.044545, 15.919762, 17.386129 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 11.15, "trend_reference": 19.101667, "distance_from_trend": -0.416281, "trend_direction": "Weakening", "fair_value": 21.219549, "distance_from_fair_value": -0.474541, "fair_value_direction": "Weakening", "relative_strength": -63.712794, "relative_strength_direction": "Weakening", "price_momentum": -0.489703, "excess_performance": -0.931075, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.416281, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.125248, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.474541, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.366828, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.637128, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.220838, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.489703, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.366493, "read": "Supply-led" } ], "volume": { "latest": 5773752, "relative_activity": 3.859203, "balance": 0.366493, "dry_up": 1.624498, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.213936, "annualized_volatility": 0.490741, "from_high_reference": -0.587037, "from_low_reference": 0.226623 }, "levels": { "trend_reference": 19.101667, "fair_value_reference": 21.219549, "structural_low": 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"regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.312023, "energy": 55.874142, "activity_lines": [ 15.68, 16.285454, 17.744286, 18.852473 ] }, { "date": "2026-07-31", "close": 13.05, "volume": 2008199, "typical_volume": 1410470.7, "trend": 19.83, "fair_value": 21.362595, "relative_strength": -56.604677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.122481, "energy": 72.503306, "activity_lines": [ 14.733333, 15.572727, 17.164286, 18.392688 ] }, { "date": "2026-08-07", "close": 12.55, "volume": 1005489, "typical_volume": 1273657.2, "trend": 19.471667, "fair_value": 21.295833, "relative_strength": -58.587514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.302891, "energy": 80.643503, "activity_lines": [ 13.81, 14.89, 16.582381, 17.923011 ] }, { "date": "2026-08-14", "close": 11.15, "volume": 5773752, "typical_volume": 1496099.75, "trend": 19.101667, "fair_value": 21.219549, "relative_strength": -63.712794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.655806, "energy": 87.363196, "activity_lines": [ 12.703333, 14.044545, 15.919762, 17.386129 ] } ], "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." } } }