{ "ticker": { "uuid": "3f948066-b33e-4e43-b0d2-1df83649ff8a", "symbol": "4571", "name": "Khgears International Limited", "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": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 56.223, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -16.501, "architecture_energy": 17.586, "architecture_maturity": 11.261, "architecture_confidence": 82.348, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 47.28, "rotation_up": 21.86, "upward_expansion": 14.59, "deceleration": 64.64, "rotation_down": 48.76, "downward_expansion": 41.93 }, "activity_lines": [ 161.4, 161.999612, 171.155865, 170.876016 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 167.5, "trend_reference": 170.548277, "distance_from_trend": -0.017873, "trend_direction": "Improving", "fair_value": 140.128618, "distance_from_fair_value": 0.19533, "fair_value_direction": "Weakening", "relative_strength": -29.560727, "relative_strength_direction": "Weakening", "price_momentum": -0.008145, "excess_performance": -0.449517, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.017873, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.011067, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.19533, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.364224, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.295607, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.130732, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.008145, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.824013, "read": "Supply-led" } ], "volume": { "latest": 1969249, "relative_activity": 0.616606, "balance": 0.824013, "dry_up": 0.473003, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.122443, "annualized_volatility": 0.479351, "from_high_reference": -0.285372, "from_low_reference": 0.209386 }, "levels": { "trend_reference": 170.548277, "fair_value_reference": 140.128618, "structural_low": 138.5, 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39.43163, "activity_lines": [ 158.166667, 167.361575, 173.830559, 172.419717 ] }, { "date": "2026-07-31", "close": 147.5, "volume": 1274117, "typical_volume": 3105870.7, "trend": 169.891964, "fair_value": 138.807709, "relative_strength": -35.55761, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.631273, "energy": 48.167987, "activity_lines": [ 153.633333, 161.72914, 171.527004, 170.952065 ] }, { "date": "2026-08-07", "close": 171.5, "volume": 2061090, "typical_volume": 3146374.35, "trend": 170.286787, "fair_value": 139.477448, "relative_strength": -26.177776, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.878236, "energy": 31.138136, "activity_lines": [ 158.1, 161.828359, 171.564734, 171.055809 ] }, { "date": "2026-08-14", "close": 167.5, "volume": 1969249, "typical_volume": 3193688.5, "trend": 170.548277, "fair_value": 140.128618, "relative_strength": -29.560727, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.501479, "energy": 17.585912, "activity_lines": [ 161.4, 161.999612, 171.155865, 170.876016 ] } ], "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." } } }