{ "ticker": { "uuid": "cdcd288d-9bb7-486d-8861-19a909229c2e", "symbol": "5511", "name": "Te Chang Construction 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 90.439, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 66.302, "architecture_energy": 73.812, "architecture_maturity": 34.581, "architecture_confidence": 62.703, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 7.19, "rotation_up": 75.88, "upward_expansion": 88.92, "deceleration": 51.29, "rotation_down": 9.45, "downward_expansion": 15.59 }, "activity_lines": [ 70.426666, 68.24333, 64.199947, 61.979209 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 70.0, "trend_reference": 59.208745, "distance_from_trend": 0.182258, "trend_direction": "Improving", "fair_value": 49.65466, "distance_from_fair_value": 0.409737, "fair_value_direction": "Improving", "relative_strength": -8.18063, "relative_strength_direction": "Improving", "price_momentum": 0.334221, "excess_performance": -0.107151, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.182258, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.089754, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.409737, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.222863, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.081806, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.149767, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.334221, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.826628, "read": "Demand-led" } ], "volume": { "latest": 1179774, "relative_activity": 0.756988, "balance": 1.826628, "dry_up": 0.882709, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.051791, "annualized_volatility": 0.26878, "from_high_reference": -0.070385, "from_low_reference": 0.532396 }, "levels": { "trend_reference": 59.208745, "fair_value_reference": 49.65466, "structural_low": 50.334898, "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": 34, "median_return": 0.004187, "positive_rate": 0.588235, "directional_follow_through": 0.588235, "median_excess_return": 0.019629, "regime_survival": 0.735294, "best_return": 0.433287, "worst_return": -0.123003, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.033805, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.011094, "regime_survival": 0.5, "best_return": 1.2912, "worst_return": -0.10061, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.052358, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.033278, "regime_survival": 0.428571, "best_return": 1.27923, "worst_return": -0.164138, "sufficient": true 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49.209092, "relative_strength": -5.881359, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.421891, "energy": 94.233328, "activity_lines": [ 64.370463, 62.178303, 59.895499, 58.493449 ] }, { "date": "2026-07-24", "close": 75.0, "volume": 1491441, "typical_volume": 1753881.75, "trend": 57.38443, "fair_value": 49.374293, "relative_strength": 1.949734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.607477, "energy": 98.139079, "activity_lines": [ 68.289905, 64.818201, 61.463132, 59.680266 ] }, { "date": "2026-07-31", "close": 69.900002, "volume": 2045193, "typical_volume": 1660138.9, "trend": 57.986633, "fair_value": 49.475907, "relative_strength": -3.39452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.84123, "energy": 88.262646, "activity_lines": [ 69.548763, 66.205732, 62.43436, 60.487722 ] }, { "date": "2026-08-07", "close": 69.699997, "volume": 786441, "typical_volume": 1565843.75, "trend": 58.595319, "fair_value": 49.563439, "relative_strength": -5.711616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.066075, "energy": 86.346667, "activity_lines": [ 70.146666, 67.317361, 63.329439, 61.243423 ] }, { "date": "2026-08-14", "close": 70.0, "volume": 1179774, "typical_volume": 1558511.35, "trend": 59.208745, "fair_value": 49.65466, "relative_strength": -8.18063, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.30204, "energy": 73.811912, "activity_lines": [ 70.426666, 68.24333, 64.199947, 61.979209 ] } ], "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." } } }