{
  "ticker": {
    "uuid": "393a3942-f772-4c99-922c-ff4f03d60672",
    "symbol": "5220",
    "name": "Higgstec Inc.",
    "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": 70.628,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 2.611,
    "architecture_energy": 9.996,
    "architecture_maturity": 30.679,
    "architecture_confidence": 76.913,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 54.21,
        "rotation_up": 17.6,
        "upward_expansion": 40.67,
        "deceleration": 79.68,
        "rotation_down": 35.4,
        "downward_expansion": 34.67
      },
      "activity_lines": [
        20.343334,
        20.516869,
        20.857721,
        20.586384
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 20.1,
    "trend_reference": 20.033568,
    "distance_from_trend": 0.003316,
    "trend_direction": "Improving",
    "fair_value": 22.007006,
    "distance_from_fair_value": -0.086654,
    "fair_value_direction": "Weakening",
    "relative_strength": -26.060748,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.132889,
    "excess_performance": -0.308483,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.003316,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.057655,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.086654,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.085284,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.260607,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.048383,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.132889,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.057112,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 394001,
      "relative_activity": 1.178178,
      "balance": 1.057112,
      "dry_up": 0.616103,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.06426,
      "annualized_volatility": 0.258882,
      "from_high_reference": -0.209612,
      "from_low_reference": 0.210208
    },
    "levels": {
      "trend_reference": 20.033568,
      "fair_value_reference": 22.007006,
      "structural_low": 18.432219,
      "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": -0.003478,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.003091,
        "regime_survival": 0.8,
        "best_return": 0.011609,
        "worst_return": -0.038278,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.01431,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.04274,
        "regime_survival": 0.5,
        "best_return": -0.000698,
        "worst_return": -0.027923,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.028601,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.082292,
        "regime_survival": 0.0,
        "best_return": -0.028601,
        "worst_return": -0.028601,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.025113,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.276612,
        "regime_survival": 0.0,
        "best_return": -0.025113,
        "worst_return": -0.025113,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-08-02",
        "tenure": "New",
        "return": 0.009506,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-11-15",
        "tenure": "Established",
        "return": -0.026157,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-03-14",
        "tenure": "Established",
        "return": -0.023913,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.061269,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-07-25",
        "tenure": "Established",
        "return": 0.119349,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-01",
        "end": "2025-08-08",
        "tenure": "New",
        "return": -0.007211,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-15",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": -0.014962,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-19",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": -0.058228,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-07",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.030471,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": 0.053371,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-27",
        "end": "2026-03-06",
        "tenure": "New",
        "return": 0.005089,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-13",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.015038,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.017073,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-03",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.038278,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
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        "typical_volume": 140600.0,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 370661.8,
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        "energy": 16.030403,
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      },
      {
        "date": "2026-07-31",
        "close": 20.1,
        "volume": 173100,
        "typical_volume": 323065.4,
        "trend": 19.818719,
        "fair_value": 22.086221,
        "relative_strength": -23.481963,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 6.290921,
        "energy": 9.154993,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 20.450001,
        "volume": 118035,
        "typical_volume": 320115.9,
        "trend": 19.928691,
        "fair_value": 22.048033,
        "relative_strength": -23.095355,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.559265,
        "energy": 10.249503,
        "activity_lines": [
          20.493334,
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      },
      {
        "date": "2026-08-14",
        "close": 20.1,
        "volume": 394001,
        "typical_volume": 334415.55,
        "trend": 20.033568,
        "fair_value": 22.007006,
        "relative_strength": -26.060748,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.6108,
        "energy": 9.995925,
        "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."
    }
  }
}