{
  "ticker": {
    "uuid": "071c87e5-f147-46f7-a4d9-18a06902571d",
    "symbol": "6804",
    "name": "Axman Enterprise Co., Ltd.",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 78.483,
    "architecture_energy": 81.594,
    "architecture_maturity": 15.324,
    "architecture_confidence": 60.842,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 20.99,
        "rotation_up": 83.41,
        "upward_expansion": 95.79,
        "deceleration": 39.05,
        "rotation_down": 8.38,
        "downward_expansion": 17.79
      },
      "activity_lines": [
        18.333333,
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        16.636558,
        16.414447
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 19.0,
    "trend_reference": 16.287321,
    "distance_from_trend": 0.166552,
    "trend_direction": "Weakening",
    "fair_value": 30.351802,
    "distance_from_fair_value": -0.374008,
    "fair_value_direction": "Improving",
    "relative_strength": -23.740535,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.159838,
    "excess_performance": -0.281534,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.166552,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.017716,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.374008,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.197197,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.237405,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.259655,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.159838,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 14.645802,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1575017,
      "relative_activity": 3.3472,
      "balance": 14.645802,
      "dry_up": 2.738689,
      "accumulation_observations": 5,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.06932,
      "annualized_volatility": 0.168015,
      "from_high_reference": -0.128833,
      "from_low_reference": 0.315521
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    "levels": {
      "trend_reference": 16.287321,
      "fair_value_reference": 30.351802,
      "structural_low": 14.442944,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.037814,
        "regime_survival": 0.75,
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        "worst_return": -0.113874,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
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        "positive_rate": 0.333333,
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        "sufficient": false
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      {
        "horizon": "Extended",
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        "worst_return": -0.162461,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
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        "worst_return": 0.076208,
        "sufficient": false
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        "regime": "downward_expansion",
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        "typical_volume": 224503.2,
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        "fair_value": 34.970523,
        "relative_strength": -42.542572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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        "energy": 43.718656,
        "activity_lines": [
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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      },
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        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 250887.8,
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      },
      {
        "date": "2026-06-12",
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        "relative_strength": -45.013489,
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 246057.65,
        "trend": 16.400129,
        "fair_value": 32.629265,
        "relative_strength": -46.924606,
        "stage": 4,
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "trend": 16.262808,
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        "relative_strength": -43.801693,
        "stage": 4,
        "regime": "balance",
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        "gate": "down",
        "direction": -17.925779,
        "energy": 14.092857,
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          15.864621,
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      },
      {
        "date": "2026-07-10",
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        "volume": 175000,
        "typical_volume": 226412.25,
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        "fair_value": 31.798351,
        "relative_strength": -41.321098,
        "stage": 4,
        "regime": "balance",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 266646.3,
        "trend": 16.085051,
        "fair_value": 31.471268,
        "relative_strength": -34.384911,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "direction": 2.178475,
        "energy": 10.933108,
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          16.06867,
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      },
      {
        "date": "2026-07-24",
        "close": 17.200001,
        "volume": 770587,
        "typical_volume": 294260.4,
        "trend": 16.084867,
        "fair_value": 31.166285,
        "relative_strength": -31.476026,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.44234,
        "energy": 35.238665,
        "activity_lines": [
          16.478978,
          16.174322,
          15.882641,
          15.938558
        ]
      },
      {
        "date": "2026-07-31",
        "close": 18.0,
        "volume": 1846118,
        "typical_volume": 374501.8,
        "trend": 16.130736,
        "fair_value": 30.883967,
        "relative_strength": -25.993346,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 51.784948,
        "energy": 60.101577,
        "activity_lines": [
          17.056156,
          16.546715,
          16.08655,
          16.062115
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.799999,
        "volume": 963012,
        "typical_volume": 404196.8,
        "trend": 16.208118,
        "fair_value": 30.613001,
        "relative_strength": -23.205438,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 84.047639,
        "energy": 80.542468,
        "activity_lines": [
          17.753333,
          17.013987,
          16.357788,
          16.234325
        ]
      },
      {
        "date": "2026-08-14",
        "close": 19.0,
        "volume": 1575017,
        "typical_volume": 470547.65,
        "trend": 16.287321,
        "fair_value": 30.351802,
        "relative_strength": -23.740535,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.483316,
        "energy": 81.593756,
        "activity_lines": [
          18.333333,
          17.459554,
          16.636558,
          16.414447
        ]
      }
    ],
    "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."
    }
  }
}