{ "ticker": { "uuid": "e82240a6-abe8-47aa-8297-412329434601", "symbol": "6467", "name": "TAHO Pharma", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 92.134, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -25.865, "architecture_energy": 16.181, "architecture_maturity": 22.792, "architecture_confidence": 61.119, "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": 51.41, "rotation_up": 23.78, "upward_expansion": 15.07, "deceleration": 58.07, "rotation_down": 30.48, "downward_expansion": 58.07 }, "activity_lines": [ 115.333333, 113.809091, 117.654762, 120.113978 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 125.0, "trend_reference": 123.633333, "distance_from_trend": 0.011054, "trend_direction": "Weakening", "fair_value": 108.661438, "distance_from_fair_value": 0.150362, "fair_value_direction": "Weakening", "relative_strength": -37.667506, "relative_strength_direction": "Weakening", "price_momentum": -0.023438, "excess_performance": -0.46481, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.011054, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.083745, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.150362, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.181403, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.376675, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.165474, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.023438, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.576423, "read": "Supply-led" } ], "volume": { "latest": 1531214, "relative_activity": 1.219782, "balance": 0.576423, "dry_up": 0.973265, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.122769, "annualized_volatility": 0.511204, "from_high_reference": -0.40048, "from_low_reference": 0.372119 }, "levels": { "trend_reference": 123.633333, "fair_value_reference": 108.661438, "structural_low": 100.5, "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": 1, "median_return": 0.101322, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.027742, "regime_survival": 1.0, "best_return": 0.101322, "worst_return": 0.101322, "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, 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"trend": 123.633333, "fair_value": 108.377294, "relative_strength": -46.581862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.630324, "energy": 54.884827, "activity_lines": [ 108.866667, 113.609091, 119.007143, 121.480645 ] }, { "date": "2026-07-31", "close": 110.5, "volume": 1367425, "typical_volume": 1313798.75, "trend": 123.383333, "fair_value": 108.403181, "relative_strength": -41.912564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.468016, "energy": 36.25978, "activity_lines": [ 109.366667, 112.218182, 117.9, 120.633333 ] }, { "date": "2026-08-07", "close": 113.5, "volume": 680438, "typical_volume": 1234175.5, "trend": 123.166667, "fair_value": 108.464588, "relative_strength": -41.661164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.491552, "energy": 32.457624, "activity_lines": [ 110.7, 111.845455, 117.185714, 119.995699 ] }, { "date": "2026-08-14", "close": 125.0, "volume": 1531214, "typical_volume": 1255317.55, "trend": 123.633333, "fair_value": 108.661438, "relative_strength": -37.667506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.864777, "energy": 16.181208, "activity_lines": [ 115.333333, 113.809091, 117.654762, 120.113978 ] } ], "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." } } }