{ "ticker": { "uuid": "07849813-db20-4257-9f95-54df2ec1a28c", "symbol": "9908", "name": "The Great Taipei Gas 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 76.952, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 35.315, "architecture_energy": 57.792, "architecture_maturity": 8.998, "architecture_confidence": 52.064, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 25.31, "rotation_up": 67.0, "upward_expansion": 59.69, "deceleration": 25.05, "rotation_down": 17.23, "downward_expansion": 20.36 }, "activity_lines": [ 29.143333, 28.975208, 28.686525, 28.674888 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 29.049999, "trend_reference": 28.691945, "distance_from_trend": 0.012479, "trend_direction": "Weakening", "fair_value": 28.677855, "distance_from_fair_value": 0.012977, "fair_value_direction": "Improving", "relative_strength": -28.464889, "relative_strength_direction": "Improving", "price_momentum": 0.017299, "excess_performance": -0.424073, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.012479, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -2e-06, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.012977, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.038369, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.284649, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.065948, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.017299, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.740439, "read": "Demand-led" } ], "volume": { "latest": 504925, "relative_activity": 0.353458, "balance": 1.740439, "dry_up": 0.677789, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.013737, "annualized_volatility": 0.122463, "from_high_reference": -0.13776, "from_low_reference": 0.043608 }, "levels": { "trend_reference": 28.691945, "fair_value_reference": 28.677855, "structural_low": 27.836121, "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": 4, "median_return": -0.003727, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.04853, "regime_survival": 0.25, "best_return": 0.04085, "worst_return": -0.009709, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.0, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.08595, "regime_survival": 0.0, "best_return": 0.050633, "worst_return": -0.001618, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.009644, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.046155, "regime_survival": 0.0, "best_return": 0.07316, "worst_return": -0.081601, "sufficient": false }, { "horizon": "Full 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19.321077, "activity_lines": [ 28.48243, 28.350085, 28.393529, 28.506066 ] }, { "date": "2026-07-17", "close": 29.15, "volume": 1675471, "typical_volume": 4358591.15, "trend": 28.628612, "fair_value": 28.67384, "relative_strength": -26.520767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 37.409799, "energy": 33.618159, "activity_lines": [ 28.725217, 28.512183, 28.447813, 28.540465 ] }, { "date": "2026-07-24", "close": 29.35, "volume": 1341346, "typical_volume": 3638318.8, "trend": 28.647079, "fair_value": 28.676478, "relative_strength": -26.837161, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.259063, "energy": 58.032087, "activity_lines": [ 28.972676, 28.694609, 28.519687, 28.587006 ] }, { "date": "2026-07-31", "close": 29.15, "volume": 1253130, "typical_volume": 2023485.15, "trend": 28.662079, "fair_value": 28.678386, "relative_strength": -25.576444, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.533999, "energy": 60.297495, "activity_lines": [ 29.087737, 28.814892, 28.578789, 28.619453 ] }, { "date": "2026-08-07", "close": 29.15, "volume": 773565, "typical_volume": 1649491.65, "trend": 28.678679, "fair_value": 28.677728, "relative_strength": -26.548837, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.736979, "energy": 61.482463, "activity_lines": [ 29.150401, 28.914776, 28.638033, 28.650932 ] }, { "date": "2026-08-14", "close": 29.049999, "volume": 504925, "typical_volume": 1428529.9, "trend": 28.691945, "fair_value": 28.677855, "relative_strength": -28.464889, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.315438, "energy": 57.792167, "activity_lines": [ 29.143333, 28.975208, 28.686525, 28.674888 ] } ], "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." } } }