{ "ticker": { "uuid": "16404af4-1041-4b97-a1dd-f8a326c9720d", "symbol": "5534", "name": "Chong Hong Construction Co., Ltd.", "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": 83.061, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 24.976, "architecture_energy": 14.183, "architecture_maturity": 25.935, "architecture_confidence": 75.381, "architecture_tenure": "Developing", "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": 59.27, "rotation_up": 26.31, "upward_expansion": 47.79, "deceleration": 85.39, "rotation_down": 30.76, "downward_expansion": 25.12 }, "activity_lines": [ 78.926668, 79.450909, 79.118571, 78.784331 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 79.300003, "trend_reference": 78.414598, "distance_from_trend": 0.011291, "trend_direction": "Weakening", "fair_value": 82.185753, "distance_from_fair_value": -0.035113, "fair_value_direction": "Improving", "relative_strength": -28.683957, "relative_strength_direction": "Improving", "price_momentum": 0.025873, "excess_performance": -0.415499, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.011291, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.001316, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.035113, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.02429, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.28684, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.070374, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.025873, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.451648, "read": "Demand-led" } ], "volume": { "latest": 2807392, "relative_activity": 0.549093, "balance": 1.451648, "dry_up": 0.56241, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.048113, "annualized_volatility": 0.228372, "from_high_reference": -0.106982, "from_low_reference": 0.090784 }, "levels": { "trend_reference": 78.414598, "fair_value_reference": 82.185753, "structural_low": 72.699997, "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": 18, "median_return": 0.008147, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.001135, "regime_survival": 0.666667, "best_return": 0.116279, "worst_return": -0.117708, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.01289, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.119823, "regime_survival": 0.25, "best_return": 0.062842, "worst_return": -0.181818, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.013513, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.117234, "regime_survival": 0.166667, "best_return": 0.162568, "worst_return": -0.134545, 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"2026-07-31", "close": 77.599998, "volume": 3725056, "typical_volume": 5423351.25, "trend": 78.831265, "fair_value": 82.025379, "relative_strength": -27.597615, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.734386, "energy": 4.819681, "activity_lines": [ 79.339999, 79.772726, 79.129999, 78.76944 ] }, { "date": "2026-08-07", "close": 78.400002, "volume": 2605531, "typical_volume": 5248926.15, "trend": 78.637931, "fair_value": 82.10534, "relative_strength": -27.847073, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.196492, "energy": 12.14348, "activity_lines": [ 78.913333, 79.56909, 79.084762, 78.741616 ] }, { "date": "2026-08-14", "close": 79.300003, "volume": 2807392, "typical_volume": 5112777.6, "trend": 78.414598, "fair_value": 82.185753, "relative_strength": -28.683957, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.975884, "energy": 14.18251, "activity_lines": [ 78.926668, 79.450909, 79.118571, 78.784331 ] } ], "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." } } }