{ "ticker": { "uuid": "f86f7f0b-3449-48f7-b2f7-8ad5a90c817b", "symbol": "5469", "name": "HannStar Board 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": "2026-08-21", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.915, "architecture_energy": 47.225, "architecture_maturity": 21.352, "architecture_confidence": 80.892, "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": 19.59, "rotation_up": 15.65, "upward_expansion": 6.45, "deceleration": 47.27, "rotation_down": 61.47, "downward_expansion": 79.78 }, "activity_lines": [ 71.326666, 73.019553, 76.548803, 78.731276 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 70.699997, "trend_reference": 82.390928, "distance_from_trend": -0.141896, "trend_direction": "Weakening", "fair_value": 64.013882, "distance_from_fair_value": 0.104448, "fair_value_direction": "Weakening", "relative_strength": -40.322639, "relative_strength_direction": "Weakening", "price_momentum": -0.233426, "excess_performance": -0.579159, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.141896, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.067851, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.104448, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.209888, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.403226, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.069236, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.233426, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.9729, "read": "Demand-led" } ], "volume": { "latest": 6076508, "relative_activity": 0.337764, "balance": 2.9729, "dry_up": 0.531888, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.107325, "annualized_volatility": 0.421078, "from_high_reference": -0.366077, "from_low_reference": 0.140323 }, "levels": { "trend_reference": 82.390928, "fair_value_reference": 64.013882, 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.699028, "energy": 77.139785, "activity_lines": [ 71.50387, 76.071703, 78.846243, 81.023923 ] }, { "date": "2026-08-07", "close": 71.400002, "volume": 9187973, "typical_volume": 17959796.35, "trend": 83.913259, "fair_value": 63.697684, "relative_strength": -39.447836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.243001, "energy": 73.173887, "activity_lines": [ 70.480001, 74.752389, 77.967451, 80.177246 ] }, { "date": "2026-08-14", "close": 74.099998, "volume": 11443553, "typical_volume": 18070220.2, "trend": 83.299275, "fair_value": 63.875194, "relative_strength": -38.836663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.049365, "energy": 62.432784, "activity_lines": [ 71.253334, 74.128119, 77.402961, 79.544133 ] }, { "date": "2026-08-21", "close": 70.699997, "volume": 6076508, "typical_volume": 17990377.8, "trend": 82.390928, "fair_value": 64.013882, "relative_strength": -40.322639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.914726, "energy": 47.225066, "activity_lines": [ 71.326666, 73.019553, 76.548803, 78.731276 ] } ], "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." } } }