{ "ticker": { "uuid": "b74297f4-ca71-4bfa-b6cd-963de3125a3f", "symbol": "7754", "name": "AnnJi", "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": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -34.303, "architecture_energy": 53.759, "architecture_maturity": 6.795, "architecture_confidence": 64.904, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 33.98, "rotation_up": 20.09, "upward_expansion": 22.05, "deceleration": 40.69, "rotation_down": 66.86, "downward_expansion": 61.38 }, "activity_lines": [ 55.453333, 57.347273, 58.59, 59.078065 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 54.900002, "trend_reference": 58.4, "distance_from_trend": -0.059931, "trend_direction": "Improving", "fair_value": 41.775909, "distance_from_fair_value": 0.314155, "fair_value_direction": "Weakening", "relative_strength": -25.342552, "relative_strength_direction": "Weakening", "price_momentum": 0.098, "excess_performance": -0.343372, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.059931, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.067447, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.314155, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.203506, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.253426, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.171915, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.098, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.254207, "read": "Demand-led" } ], "volume": { "latest": 699345, "relative_activity": 0.621744, "balance": 1.254207, "dry_up": 0.599039, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.076643, "annualized_volatility": 0.354584, "from_high_reference": -0.228933, "from_low_reference": 0.444737 }, "levels": { "trend_reference": 58.4, "fair_value_reference": 41.775909, "structural_low": 49.849998, "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": 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": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-01-30", "tenure": "New", "return": -0.019019, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.19, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-05-01", "tenure": "Developing", "return": 0.101243, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.09901, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-14", "end": "2026-08-14", 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59.974545, 60.507143, 59.684516 ] }, { "date": "2026-07-24", "close": 58.700001, "volume": 680217, "typical_volume": 1256457.15, "trend": 58.048334, "fair_value": 41.413551, "relative_strength": -16.962836, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.768514, "energy": 13.104781, "activity_lines": [ 59.873334, 59.78, 60.3, 59.741613 ] }, { "date": "2026-07-31", "close": 54.599998, "volume": 854901, "typical_volume": 1242324.7, "trend": 58.101667, "fair_value": 41.535648, "relative_strength": -21.706144, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.292711, "energy": 21.217709, "activity_lines": [ 58.0, 58.863636, 59.690952, 59.51914 ] }, { "date": "2026-08-07", "close": 54.599998, "volume": 460761, "typical_volume": 1130545.2, "trend": 58.235, "fair_value": 41.655505, "relative_strength": -23.551183, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.560517, "energy": 44.271188, "activity_lines": [ 56.426666, 58.045454, 59.108571, 59.293226 ] }, { "date": "2026-08-14", "close": 54.900002, "volume": 699345, "typical_volume": 1124812.0, "trend": 58.4, "fair_value": 41.775909, "relative_strength": -25.342552, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.30301, "energy": 53.758841, "activity_lines": [ 55.453333, 57.347273, 58.59, 59.078065 ] } ], "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." } } }