{ "ticker": { "uuid": "fe5c272f-6d9d-40fa-a891-70c54aa18060", "symbol": "4157", "name": "TaiGen Biopharmaceuticals Holdings Limited", "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": -59.263, "architecture_energy": 49.268, "architecture_maturity": 80.863, "architecture_confidence": 85.851, "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": 17.27, "rotation_up": 28.36, "upward_expansion": 7.8, "deceleration": 60.75, "rotation_down": 46.28, "downward_expansion": 78.8 }, "activity_lines": [ 8.589333, 8.631091, 8.877714, 9.428538 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 8.84, "trend_reference": 10.380333, "distance_from_trend": -0.14839, "trend_direction": "Weakening", "fair_value": 12.245192, "distance_from_fair_value": -0.278084, "fair_value_direction": "Improving", "relative_strength": -39.405342, "relative_strength_direction": "Improving", "price_momentum": -0.284211, "excess_performance": -0.725583, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.14839, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.081793, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.278084, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.006785, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.394053, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003154, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.284211, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.769005, "read": "Supply-led" } ], "volume": { "latest": 5006441, "relative_activity": 0.857724, "balance": 0.769005, "dry_up": 0.723534, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.066394, "annualized_volatility": 0.30614, "from_high_reference": -0.460976, "from_low_reference": 0.143596 }, "levels": { "trend_reference": 10.380333, "fair_value_reference": 12.245192, "structural_low": 7.73, "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": 33, "median_return": -0.020408, "positive_rate": 0.393939, "directional_follow_through": 0.606061, "median_excess_return": -0.039372, "regime_survival": 0.848485, "best_return": 0.279245, "worst_return": -0.171946, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.0, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.055573, "regime_survival": 0.636364, "best_return": 0.49615, "worst_return": -0.234043, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.020339, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.210708, "regime_survival": 0.428571, "best_return": 0.73028, "worst_return": -0.272222, "sufficient": true }, { 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6209855.95, "trend": 10.870667, "fair_value": 12.382436, "relative_strength": -41.374358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.798623, "energy": 61.995235, "activity_lines": [ 8.630667, 8.721091, 9.159571, 9.846043 ] }, { "date": "2026-07-31", "close": 8.13, "volume": 4880591, "typical_volume": 6045516.75, "trend": 10.743333, "fair_value": 12.331667, "relative_strength": -41.801702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.174673, "energy": 65.504342, "activity_lines": [ 8.455333, 8.593818, 9.008762, 9.669226 ] }, { "date": "2026-08-07", "close": 8.77, "volume": 3659680, "typical_volume": 5846240.0, "trend": 10.597333, "fair_value": 12.287885, "relative_strength": -38.288265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.091256, "energy": 57.35403, "activity_lines": [ 8.498, 8.603455, 8.933286, 9.541914 ] }, { "date": "2026-08-14", "close": 8.84, "volume": 5006441, "typical_volume": 5836891.3, "trend": 10.380333, "fair_value": 12.245192, "relative_strength": -39.405342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.263047, "energy": 49.268389, "activity_lines": [ 8.589333, 8.631091, 8.877714, 9.428538 ] } ], "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." } } }