{ "ticker": { "uuid": "f2bef18c-7826-47a0-945d-7193222843ac", "symbol": "3581", "name": "Zen Voce Corporation", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 51.836, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -21.025, "architecture_energy": 39.039, "architecture_maturity": 7.005, "architecture_confidence": 63.845, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 41.12, "rotation_up": 16.38, "upward_expansion": 22.38, "deceleration": 52.64, "rotation_down": 59.27, "downward_expansion": 49.72 }, "activity_lines": [ 111.513334, 120.091222, 144.372211, 138.031279 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 119.0, "trend_reference": 123.64389, "distance_from_trend": -0.037559, "trend_direction": "Improving", "fair_value": 56.690395, "distance_from_fair_value": 1.099121, "fair_value_direction": "Weakening", "relative_strength": -1.729813, "relative_strength_direction": "Weakening", "price_momentum": 0.789449, "excess_performance": 0.348077, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.037559, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.211432, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.099121, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -2.42651, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017298, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -1.358046, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.789449, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.393902, "read": "Supply-led" } ], "volume": { "latest": 3425686, "relative_activity": 0.890437, "balance": 0.393902, "dry_up": 0.742701, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.331949, "annualized_volatility": 1.266144, "from_high_reference": -0.600884, "from_low_reference": 2.595045 }, "levels": { "trend_reference": 123.64389, "fair_value_reference": 56.690395, "structural_low": 61.324175, "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": 4, "median_return": -0.019837, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.015506, "regime_survival": 0.25, "best_return": 0.015905, "worst_return": -0.103718, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.17126, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.008108, "regime_survival": 0.0, "best_return": 0.094595, "worst_return": -0.367793, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.135061, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.123578, "regime_survival": 0.0, "best_return": 0.117761, "worst_return": -0.286407, "sufficient": false }, { 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4642114.35, "trend": 120.546746, "fair_value": 55.602275, "relative_strength": -12.218387, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.293785, "energy": 37.634226, "activity_lines": [ 113.077763, 129.538019, 150.378474, 138.864234 ] }, { "date": "2026-08-07", "close": 110.5, "volume": 3784498, "typical_volume": 4014580.2, "trend": 121.864055, "fair_value": 56.132337, "relative_strength": -4.654142, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.265568, "energy": 45.6693, "activity_lines": [ 109.800299, 122.906066, 147.0514, 138.216057 ] }, { "date": "2026-08-14", "close": 119.0, "volume": 3425686, "typical_volume": 3847194.65, "trend": 123.64389, "fair_value": 56.690395, "relative_strength": -1.729813, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.024796, "energy": 39.039094, "activity_lines": [ 111.513334, 120.091222, 144.372211, 138.031279 ] } ], "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." } } }