{ "ticker": { "uuid": "3ad0f54c-3aa5-4470-add4-d1384b4308e1", "symbol": "6122", "name": "King Polytechnic Engineering 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": 67.719, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 14.852, "architecture_energy": 13.076, "architecture_maturity": 13.985, "architecture_confidence": 41.984, "architecture_tenure": "New", "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": 48.93, "rotation_up": 45.9, "upward_expansion": 32.51, "deceleration": 34.75, "rotation_down": 21.73, "downward_expansion": 23.18 }, "activity_lines": [ 46.979822, 46.810644, 46.061587, 46.258765 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 47.150002, "trend_reference": 46.88847, "distance_from_trend": 0.005578, "trend_direction": "Improving", "fair_value": 45.267508, "distance_from_fair_value": 0.041586, "fair_value_direction": "Improving", "relative_strength": -26.519338, "relative_strength_direction": "Improving", "price_momentum": -0.004564, "excess_performance": -0.445936, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.005578, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014818, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.041586, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048449, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.265193, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.0883, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.004564, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.70274, "read": "Demand-led" } ], "volume": { "latest": 1035952, "relative_activity": 0.620444, "balance": 1.70274, "dry_up": 0.875108, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.04875, "annualized_volatility": 0.214859, "from_high_reference": -0.209873, "from_low_reference": 0.199718 }, "levels": { "trend_reference": 46.88847, "fair_value_reference": 45.267508, "structural_low": 42.144732, "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": 0.067251, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.034929, "regime_survival": 0.4, "best_return": 0.073852, "worst_return": -0.036539, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.021825, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.168459, "regime_survival": 0.0, "best_return": 0.646199, "worst_return": -0.033276, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.027778, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.365471, "regime_survival": 0.0, "best_return": 1.827485, "worst_return": -0.071327, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 1.476506, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.801257, "regime_survival": 0.0, "best_return": 2.953377, "worst_return": -0.000366, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2025-04-04", "tenure": "Extended", "return": -0.149728, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.182549, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": -0.036539, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": 0.090172, "active": false }, { "regime": "upward_expansion", "label": 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"close": 47.049999, "volume": 1393217, "typical_volume": 1683153.15, "trend": 46.960945, "fair_value": 45.166468, "relative_strength": -24.957237, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.418603, "energy": 15.606083, "activity_lines": [ 46.987296, 46.60517, 45.945917, 46.246568 ] }, { "date": "2026-08-14", "close": 47.150002, "volume": 1035952, "typical_volume": 1669695.85, "trend": 46.88847, "fair_value": 45.267508, "relative_strength": -26.519338, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.852328, "energy": 13.076192, "activity_lines": [ 46.979822, 46.810644, 46.061587, 46.258765 ] } ], "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." } } }