{
  "ticker": {
    "uuid": "0a603423-1fbc-4708-b095-41372c4dc47c",
    "symbol": "6512",
    "name": "GoMax Electronics 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": 57.487,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 14.272,
    "architecture_energy": 12.594,
    "architecture_maturity": 24.957,
    "architecture_confidence": 51.156,
    "architecture_tenure": "Developing",
    "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": 47.96,
        "rotation_up": 40.2,
        "upward_expansion": 37.21,
        "deceleration": 38.61,
        "rotation_down": 29.46,
        "downward_expansion": 21.21
      },
      "activity_lines": [
        20.053333,
        20.058182,
        19.840952,
        19.798172
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 20.1,
    "trend_reference": 19.866667,
    "distance_from_trend": 0.011745,
    "trend_direction": "Weakening",
    "fair_value": 21.567796,
    "distance_from_fair_value": -0.068055,
    "fair_value_direction": "Improving",
    "relative_strength": -30.254153,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.005,
    "excess_performance": -0.436372,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.011745,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.015283,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.068055,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.045135,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.302542,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.079346,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.005,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.29844,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 49050,
      "relative_activity": 1.372596,
      "balance": 1.29844,
      "dry_up": 0.661057,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.029659,
      "annualized_volatility": 0.118158,
      "from_high_reference": -0.12035,
      "from_low_reference": 0.080645
    },
    "levels": {
      "trend_reference": 19.866667,
      "fair_value_reference": 21.567796,
      "structural_low": 18.6,
      "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": 5,
        "median_return": -0.039535,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.071086,
        "regime_survival": 0.4,
        "best_return": 0.062954,
        "worst_return": -0.078775,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.004651,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.154214,
        "regime_survival": 0.0,
        "best_return": 0.042105,
        "worst_return": -0.124726,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.042105,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.042399,
        "regime_survival": 0.0,
        "best_return": 0.27907,
        "worst_return": -0.159737,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.164137,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.093569,
        "regime_survival": 0.0,
        "best_return": 0.263158,
        "worst_return": 0.065116,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-04-19",
        "end": "2024-05-03",
        "tenure": "New",
        "return": -0.020833,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-10",
        "end": "2024-05-24",
        "tenure": "New",
        "return": 0.066826,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-31",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": -0.095238,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-02",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": -0.04034,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-18",
        "end": "2024-11-22",
        "tenure": "Developing",
        "return": 0.062361,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-29",
        "end": "2025-04-11",
        "tenure": "Established",
        "return": -0.1375,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.147783,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-07-04",
        "tenure": "New",
        "return": -0.036697,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-11",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.022168,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": -0.014286,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-11-07",
        "end": "2025-11-14",
        "tenure": "New",
        "return": -0.09628,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": -0.045346,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-13",
        "end": "2026-07-10",
        "tenure": "Established",
        "return": 0.007463,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-17",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": 0.002494,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
        "close": 20.488323,
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        "typical_volume": 145450.0,
        "trend": 21.254148,
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        "stage": 4,
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        "modifier": "Balance after decline",
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      },
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      },
      {
        "date": "2023-08-25",
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      },
      {
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      },
      {
        "date": "2023-09-08",
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      },
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        "modifier": "Established contraction",
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        "energy": 51.45297,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 43330.6,
        "trend": 20.321667,
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      },
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        "date": "2026-05-22",
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        "relative_strength": -39.616191,
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        "energy": 58.279761,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 46459.9,
        "trend": 20.203333,
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        "modifier": "Established contraction",
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        "energy": 40.69429,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 48776.35,
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        "relative_strength": -39.009258,
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 45069.95,
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        "stage": 4,
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        "direction": -35.777594,
        "energy": 19.141932,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
        "close": 19.5,
        "volume": 21695,
        "typical_volume": 42630.15,
        "trend": 20.03,
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        "relative_strength": -39.965921,
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        "modifier": "Established contraction",
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      },
      {
        "date": "2026-06-26",
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        "energy": 16.156571,
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 42771.6,
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        "relative_strength": -36.007467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 12.013953,
        "energy": 21.222735,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 43272.25,
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        "fair_value": 21.605115,
        "relative_strength": -33.406318,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 27.33898,
        "energy": 39.253692,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 20.049999,
        "volume": 5034,
        "typical_volume": 41814.35,
        "trend": 19.941667,
        "fair_value": 21.593698,
        "relative_strength": -29.058216,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.973129,
        "energy": 40.499148,
        "activity_lines": [
          20.113333,
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      },
      {
        "date": "2026-07-24",
        "close": 20.200001,
        "volume": 23058,
        "typical_volume": 39965.45,
        "trend": 19.921667,
        "fair_value": 21.59185,
        "relative_strength": -29.181035,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.337122,
        "energy": 46.462511,
        "activity_lines": [
          20.173333,
          19.993637,
          19.746905,
          19.777957
        ]
      },
      {
        "date": "2026-07-31",
        "close": 19.75,
        "volume": 15273,
        "typical_volume": 39201.6,
        "trend": 19.89,
        "fair_value": 21.583292,
        "relative_strength": -29.005249,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 14.704348,
        "energy": 17.106858,
        "activity_lines": [
          20.036667,
          19.984546,
          19.755,
          19.766882
        ]
      },
      {
        "date": "2026-08-07",
        "close": 20.15,
        "volume": 7111,
        "typical_volume": 36694.7,
        "trend": 19.875,
        "fair_value": 21.576023,
        "relative_strength": -28.494705,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.291252,
        "energy": 18.633038,
        "activity_lines": [
          20.046667,
          20.034546,
          19.801191,
          19.783656
        ]
      },
      {
        "date": "2026-08-14",
        "close": 20.1,
        "volume": 49050,
        "typical_volume": 35735.2,
        "trend": 19.866667,
        "fair_value": 21.567796,
        "relative_strength": -30.254153,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 14.272499,
        "energy": 12.593834,
        "activity_lines": [
          20.053333,
          20.058182,
          19.840952,
          19.798172
        ]
      }
    ],
    "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."
    }
  }
}