{ "ticker": { "uuid": "f81b6993-c6ea-476d-bc1d-5a12a07ecb86", "symbol": "1711", "name": "Everlight Chemical Industrial Corporation", "exchange": "TAI", "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": 57.327, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.002, "architecture_energy": 56.489, "architecture_maturity": 4.795, "architecture_confidence": 73.015, "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": 31.19, "rotation_up": 14.74, "upward_expansion": 27.49, "deceleration": 49.43, "rotation_down": 66.98, "downward_expansion": 54.83 }, "activity_lines": [ 35.809999, 38.10909, 42.216904, 41.838494 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 38.5, "trend_reference": 38.886667, "distance_from_trend": -0.009943, "trend_direction": "Improving", "fair_value": 23.296809, "distance_from_fair_value": 0.652587, "fair_value_direction": "Weakening", "relative_strength": -3.334979, "relative_strength_direction": "Weakening", "price_momentum": 0.699779, "excess_performance": 0.258407, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.009943, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.220868, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.652587, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.722812, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.03335, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.552824, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.699779, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.518434, "read": "Supply-led" } ], "volume": { "latest": 35045094, "relative_activity": 0.459237, "balance": 0.518434, "dry_up": 0.327361, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.143157, "annualized_volatility": 0.732267, "from_high_reference": -0.401244, "from_low_reference": 1.340425 }, "levels": { "trend_reference": 38.886667, "fair_value_reference": 23.296809, "structural_low": 22.549999, "invalidation": 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"up", "direction": 17.493758, "energy": 14.309031, "activity_lines": [ 43.89, 45.509999, 46.213571, 42.251935 ] }, { "date": "2026-07-17", "close": 39.549999, "volume": 41230081, "typical_volume": 110688277.1, "trend": 36.841666, "fair_value": 22.92044, "relative_strength": 7.528424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.867456, "energy": 11.182475, "activity_lines": [ 42.429999, 44.049999, 45.813095, 42.472795 ] }, { "date": "2026-07-24", "close": 35.650002, "volume": 19834747, "typical_volume": 100312284.2, "trend": 37.406667, "fair_value": 23.021252, "relative_strength": -5.515177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.924679, "energy": 21.946475, "activity_lines": [ 39.92, 42.207273, 44.982381, 42.395914 ] }, { "date": "2026-07-31", "close": 31.799999, "volume": 32267774, "typical_volume": 92637987.65, "trend": 37.828333, "fair_value": 23.090515, "relative_strength": -14.728423, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.393565, "energy": 59.925051, "activity_lines": [ 36.77, 39.943636, 43.745952, 42.034193 ] }, { "date": "2026-08-07", "close": 34.599998, "volume": 12777957, "typical_volume": 76643757.45, "trend": 38.305, "fair_value": 23.180538, "relative_strength": -9.71931, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.381986, "energy": 60.233154, "activity_lines": [ 35.269999, 38.539999, 42.778571, 41.825914 ] }, { "date": "2026-08-14", "close": 38.5, "volume": 35045094, "typical_volume": 76311565.5, "trend": 38.886667, "fair_value": 23.296809, "relative_strength": -3.334979, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.002005, "energy": 56.488965, "activity_lines": [ 35.809999, 38.10909, 42.216904, 41.838494 ] } ], "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." } } }