{
  "ticker": {
    "uuid": "3691a229-04ba-4d91-a6c3-42c5bf09c7eb",
    "symbol": "1466",
    "name": "Acelon Chemicals & Fiber 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 61.082,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 17.588,
    "architecture_energy": 11.908,
    "architecture_maturity": 15.978,
    "architecture_confidence": 56.787,
    "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": 53.39,
        "rotation_up": 43.13,
        "upward_expansion": 36.53,
        "deceleration": 36.31,
        "rotation_down": 26.77,
        "downward_expansion": 20.53
      },
      "activity_lines": [
        16.503333,
        16.455454,
        15.955238,
        16.098387
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 17.049999,
    "trend_reference": 16.171667,
    "distance_from_trend": 0.054313,
    "trend_direction": "Improving",
    "fair_value": 14.166346,
    "distance_from_fair_value": 0.203557,
    "fair_value_direction": "Improving",
    "relative_strength": -24.172389,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.024024,
    "excess_performance": -0.417348,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.054313,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.035539,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.203557,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.160466,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.241724,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.157349,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.024024,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.01715,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3382921,
      "relative_activity": 1.248454,
      "balance": 2.01715,
      "dry_up": 1.491111,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.103542,
      "annualized_volatility": 0.566697,
      "from_high_reference": -0.188095,
      "from_low_reference": 0.267658
    },
    "levels": {
      "trend_reference": 16.171667,
      "fair_value_reference": 14.166346,
      "structural_low": 13.5,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": 0.004274,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.003684,
        "regime_survival": 0.571429,
        "best_return": 0.281481,
        "worst_return": -0.058511,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.001976,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.041135,
        "regime_survival": 0.166667,
        "best_return": 0.3,
        "worst_return": -0.18883,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.12963,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.182032,
        "regime_survival": 0.2,
        "best_return": 0.308197,
        "worst_return": -0.18883,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.119658,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.107398,
        "regime_survival": 0.0,
        "best_return": 0.43083,
        "worst_return": -0.327128,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-10",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.012048,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-21",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.02963,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-14",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": -0.235294,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-25",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.090323,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": -0.119658,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.125,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.153392,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": 0.003425,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-06",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": 0.075075,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-27",
        "end": "2026-04-03",
        "tenure": "New",
        "return": -0.032164,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.124629,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2026-06-26",
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        "return": 0.007143,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2026-07-31",
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        "return": -0.163043,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.049231,
        "active": true
      }
    ],
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      },
      {
        "date": "2026-05-08",
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      },
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      },
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        "date": "2026-05-22",
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        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-07-03",
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        "stage": 3,
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        "modifier": "Structural repair",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 13.996795,
        "relative_strength": -28.175687,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 2534508.6,
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        "fair_value": 14.033333,
        "relative_strength": -21.716301,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.253174,
        "energy": 29.176225,
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      },
      {
        "date": "2026-07-24",
        "close": 17.0,
        "volume": 7896353,
        "typical_volume": 2612968.5,
        "trend": 15.961667,
        "fair_value": 14.070192,
        "relative_strength": -23.125497,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.53829,
        "energy": 33.127728,
        "activity_lines": [
          16.99,
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          16.055161
        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.4,
        "volume": 3066501,
        "typical_volume": 2685380.5,
        "trend": 15.998333,
        "fair_value": 14.097115,
        "relative_strength": -28.696516,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 14.480689,
        "energy": 17.80112,
        "activity_lines": [
          16.56,
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          15.820238,
          16.018925
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      },
      {
        "date": "2026-08-07",
        "close": 16.25,
        "volume": 1816000,
        "typical_volume": 2598491.95,
        "trend": 16.07,
        "fair_value": 14.129487,
        "relative_strength": -25.866737,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 9.727059,
        "energy": 10.511965,
        "activity_lines": [
          16.326667,
          16.24,
          15.845714,
          16.035161
        ]
      },
      {
        "date": "2026-08-14",
        "close": 17.049999,
        "volume": 3382921,
        "typical_volume": 2709687.2,
        "trend": 16.171667,
        "fair_value": 14.166346,
        "relative_strength": -24.172389,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 17.587806,
        "energy": 11.908005,
        "activity_lines": [
          16.503333,
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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."
    }
  }
}