{ "ticker": { "uuid": "c6a46952-1061-44dc-9ef2-26c3c0be43f3", "symbol": "2035", "name": "Tang Eng Iron Works 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": 64.774, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.873, "architecture_energy": 56.933, "architecture_maturity": 16.21, "architecture_confidence": 91.083, "architecture_tenure": "Developing", "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": 12.81, "rotation_up": 13.21, "upward_expansion": 11.89, "deceleration": 39.2, "rotation_down": 62.93, "downward_expansion": 85.22 }, "activity_lines": [ 26.903334, 27.127273, 27.458095, 27.655699 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 27.1, "trend_reference": 27.87, "distance_from_trend": -0.027628, "trend_direction": "Weakening", "fair_value": 30.874359, "distance_from_fair_value": -0.122249, "fair_value_direction": "Weakening", "relative_strength": -32.077303, "relative_strength_direction": "Improving", "price_momentum": -0.005505, "excess_performance": -0.446877, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.027628, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.014614, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.122249, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.008512, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.320773, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.045615, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.005505, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.90033, "read": "Supply-led" } ], "volume": { "latest": 36102, "relative_activity": 0.741701, "balance": 0.90033, "dry_up": 0.561448, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.031791, "annualized_volatility": 0.139267, "from_high_reference": -0.111475, "from_low_reference": 0.040307 }, "levels": { "trend_reference": 27.87, "fair_value_reference": 30.874359, "structural_low": 26.049999, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": -0.005272, "positive_rate": 0.4, "directional_follow_through": 0.52, "median_excess_return": 0.014971, "regime_survival": 0.72, "best_return": 0.092537, "worst_return": -0.060932, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.023292, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.002326, "regime_survival": 0.333333, "best_return": 0.102985, "worst_return": -0.071895, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.025724, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.035068, "regime_survival": 0.428571, "best_return": 0.208955, "worst_return": -0.066007, "sufficient": true }, { "horizon": "Full 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30.912821, "relative_strength": -32.150318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.746042, "energy": 68.888088, "activity_lines": [ 26.936667, 27.272727, 27.597619, 27.773118 ] }, { "date": "2026-08-07", "close": 27.0, "volume": 12204, "typical_volume": 48829.8, "trend": 27.901667, "fair_value": 30.892949, "relative_strength": -30.855249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.184715, "energy": 63.310899, "activity_lines": [ 26.873334, 27.181818, 27.52, 27.707419 ] }, { "date": "2026-08-14", "close": 27.1, "volume": 36102, "typical_volume": 48674.6, "trend": 27.87, "fair_value": 30.874359, "relative_strength": -32.077303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.873183, "energy": 56.933128, "activity_lines": [ 26.903334, 27.127273, 27.458095, 27.655699 ] } ], "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." } } }