{
  "ticker": {
    "uuid": "10d0d17e-670a-49b2-9c22-e81961d11267",
    "symbol": "6716",
    "name": "PADAUK Technology Company 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 67.579,
    "architecture_energy": 32.706,
    "architecture_maturity": 31.36,
    "architecture_confidence": 67.802,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 36.63,
        "rotation_up": 47.03,
        "upward_expansion": 69.01,
        "deceleration": 64.44,
        "rotation_down": 29.07,
        "downward_expansion": 14.01
      },
      "activity_lines": [
        98.806666,
        96.154545,
        94.971006,
        90.546283
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 123.5,
    "trend_reference": 83.02812,
    "distance_from_trend": 0.487448,
    "trend_direction": "Improving",
    "fair_value": 79.915278,
    "distance_from_fair_value": 0.545387,
    "fair_value_direction": "Improving",
    "relative_strength": 36.490202,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.169933,
    "excess_performance": 0.728561,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.487448,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.232891,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.545387,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.394095,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.364902,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.262992,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.169933,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.786287,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6844317,
      "relative_activity": 2.239577,
      "balance": 1.786287,
      "dry_up": 0.792767,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.14507,
      "annualized_volatility": 0.901481,
      "from_high_reference": -0.027736,
      "from_low_reference": 2.066555
    },
    "levels": {
      "trend_reference": 83.02812,
      "fair_value_reference": 79.915278,
      "structural_low": 58.095813,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": -0.029012,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.036325,
        "regime_survival": 0.428571,
        "best_return": 0.697892,
        "worst_return": -0.279835,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.00832,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.004395,
        "regime_survival": 0.125,
        "best_return": 0.62178,
        "worst_return": -0.22884,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.089001,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.074819,
        "regime_survival": 0.0,
        "best_return": 0.552894,
        "worst_return": -0.196078,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.41011,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.21132,
        "regime_survival": 0.333333,
        "best_return": 0.290577,
        "worst_return": -0.559728,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-03",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-10",
        "end": "2024-06-21",
        "tenure": "Developing",
        "return": 0.151659,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-06-28",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.012201,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.131004,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-13",
        "end": "2025-10-03",
        "tenure": "Extended",
        "return": -0.44052,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-11-07",
        "tenure": "Developing",
        "return": 0.123753,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.09213,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-01-02",
        "tenure": "Developing",
        "return": -0.074951,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.013994,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
        "return": 0.137795,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-04-03",
        "tenure": "Developing",
        "return": -0.125683,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "return": 0.168289,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": 0.022977,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.591495,
        "active": true
      }
    ],
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 3020472.5,
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        "stage": 2,
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      },
      {
        "date": "2026-07-31",
        "close": 77.599998,
        "volume": 1098356,
        "typical_volume": 3023624.45,
        "trend": 78.785434,
        "fair_value": 79.521796,
        "relative_strength": -8.024885,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 1.267841,
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          84.926667,
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      },
      {
        "date": "2026-08-07",
        "close": 95.699997,
        "volume": 911203,
        "typical_volume": 2785448.3,
        "trend": 80.436058,
        "fair_value": 79.614815,
        "relative_strength": 10.379155,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.905449,
        "energy": 17.442741,
        "activity_lines": [
          87.106666,
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        ]
      },
      {
        "date": "2026-08-14",
        "close": 123.5,
        "volume": 6844317,
        "typical_volume": 3056075.1,
        "trend": 83.02812,
        "fair_value": 79.915278,
        "relative_strength": 36.490202,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.578804,
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        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}