{ "ticker": { "uuid": "bb7d15d1-b512-4158-ae6c-0be8f1529a5a", "symbol": "2211", "name": "Evergreen Steel Corp.", "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": 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": -64.149, "architecture_energy": 66.451, "architecture_maturity": 45.261, "architecture_confidence": 82.391, "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": 14.82, "rotation_up": 11.87, "upward_expansion": 14.29, "deceleration": 38.64, "rotation_down": 70.97, "downward_expansion": 89.95 }, "activity_lines": [ 84.673334, 86.074475, 87.109211, 88.443413 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 84.400002, "trend_reference": 90.341144, "distance_from_trend": -0.065763, "trend_direction": "Weakening", "fair_value": 89.293629, "distance_from_fair_value": -0.054804, "fair_value_direction": "Weakening", "relative_strength": -34.422852, "relative_strength_direction": "Improving", "price_momentum": -0.097956, "excess_performance": -0.443688, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.065763, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.04872, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.054804, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.048396, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.344229, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.024132, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.097956, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.105695, "read": "Demand-led" } ], "volume": { "latest": 4108342, "relative_activity": 1.179869, "balance": 2.105695, "dry_up": 1.530547, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.036883, "annualized_volatility": 0.194273, "from_high_reference": -0.253865, "from_low_reference": 0.053683 }, "levels": { "trend_reference": 90.341144, "fair_value_reference": 89.293629, 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"Established contraction", "gate": "down", "direction": -43.928652, "energy": 26.689734, "activity_lines": [ 88.130558, 88.070266, 88.797016, 90.044155 ] }, { "date": "2026-07-31", "close": 87.0, "volume": 3586233, "typical_volume": 3107152.8, "trend": 91.307786, "fair_value": 88.698565, "relative_strength": -31.179113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.296833, "energy": 36.852687, "activity_lines": [ 87.735392, 87.934405, 88.50466, 89.747109 ] }, { "date": "2026-08-07", "close": 88.099998, "volume": 5582441, "typical_volume": 3204865.35, "trend": 91.190779, "fair_value": 88.93995, "relative_strength": -31.495821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.953882, "energy": 32.356606, "activity_lines": [ 87.716319, 87.97403, 88.359413, 89.540155 ] }, { "date": "2026-08-14", "close": 80.5, "volume": 8040647, "typical_volume": 3462488.1, "trend": 90.70872, "fair_value": 89.106427, "relative_strength": -38.941118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.090805, "energy": 69.885093, "activity_lines": [ 85.28, 86.607638, 87.516382, 88.850427 ] }, { "date": "2026-08-21", "close": 84.400002, "volume": 4108342, "typical_volume": 3482032.7, "trend": 90.341144, "fair_value": 89.293629, "relative_strength": -34.422852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.149188, "energy": 66.45073, "activity_lines": [ 84.673334, 86.074475, 87.109211, 88.443413 ] } ], "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." } } }