{ "ticker": { "uuid": "f1d04a9c-2881-4ddf-8bea-e8f193410b60", "symbol": "6875", "name": "Pharmosa Biopharm Inc.", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.876, "architecture_energy": 66.758, "architecture_maturity": 56.794, "architecture_confidence": 85.552, "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": 20.49, "rotation_up": 11.72, "upward_expansion": 14.4, "deceleration": 37.78, "rotation_down": 70.96, "downward_expansion": 90.06 }, "activity_lines": [ 33.36, 34.546364, 35.393572, 36.308279 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 33.049999, "trend_reference": 38.205, "distance_from_trend": -0.13493, "trend_direction": "Weakening", "fair_value": 60.492628, "distance_from_fair_value": -0.453652, "fair_value_direction": "Weakening", "relative_strength": -47.238957, "relative_strength_direction": "Weakening", "price_momentum": -0.211217, "excess_performance": -0.652589, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.13493, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.121758, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.453652, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.026075, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.47239, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.025806, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.211217, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.054297, "read": "Demand-led" } ], "volume": { "latest": 420000, "relative_activity": 0.7125, "balance": 1.054297, "dry_up": 0.641886, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.084836, "annualized_volatility": 0.226235, "from_high_reference": -0.491538, "from_low_reference": 0.066129 }, "levels": { "trend_reference": 38.205, "fair_value_reference": 60.492628, "structural_low": 31.0, 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"activity_lines": [ 36.446667, 36.361818, 36.664286, 37.929677 ] }, { "date": "2026-07-24", "close": 35.150002, "volume": 247000, "typical_volume": 609810.85, "trend": 40.088333, "fair_value": 61.696474, "relative_strength": -43.324398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.775192, "energy": 28.541175, "activity_lines": [ 35.953334, 36.117273, 36.460952, 37.567527 ] }, { "date": "2026-07-31", "close": 33.150002, "volume": 377300, "typical_volume": 599575.35, "trend": 39.446667, "fair_value": 61.255128, "relative_strength": -45.186044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.660371, "energy": 39.827393, "activity_lines": [ 34.883335, 35.551819, 36.092619, 37.119893 ] }, { "date": "2026-08-07", "close": 32.599998, "volume": 469200, "typical_volume": 582124.75, "trend": 38.783333, "fair_value": 60.859615, "relative_strength": -46.784381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.316868, "energy": 60.135138, "activity_lines": [ 33.886667, 34.974546, 35.706191, 36.678172 ] }, { "date": "2026-08-14", "close": 33.049999, "volume": 420000, "typical_volume": 589473.45, "trend": 38.205, "fair_value": 60.492628, "relative_strength": -47.238957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.876318, "energy": 66.758018, "activity_lines": [ 33.36, 34.546364, 35.393572, 36.308279 ] } ], "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." } } }