{
  "ticker": {
    "uuid": "49d1c06c-4d02-480b-8187-de97f60af521",
    "symbol": "2157",
    "name": "Koshidaka Holdings Co., Ltd.",
    "exchange": "JPX",
    "country": "JP",
    "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": "2026-08-21",
    "benchmark": "^N225",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 86.345,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": 8.451,
    "architecture_energy": 23.43,
    "architecture_maturity": 6.788,
    "architecture_confidence": 43.013,
    "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": 50.4,
        "rotation_up": 46.8,
        "upward_expansion": 39.98,
        "deceleration": 28.64,
        "rotation_down": 15.23,
        "downward_expansion": 43.65
      },
      "activity_lines": [
        1042.8,
        1029.109091,
        1006.952381,
        1017.791593
      ],
      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 1055.0,
    "trend_reference": 1044.705876,
    "distance_from_trend": 0.009854,
    "trend_direction": "Weakening",
    "fair_value": 1055.581394,
    "distance_from_fair_value": -0.000551,
    "fair_value_direction": "Improving",
    "relative_strength": -23.403121,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.080386,
    "excess_performance": -0.24212,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.009854,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.055934,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.000551,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.080364,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.234031,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.140323,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.080386,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.598597,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3210900,
      "relative_activity": 1.943391,
      "balance": 0.598597,
      "dry_up": 2.017277,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.041342,
      "annualized_volatility": 0.22386,
      "from_high_reference": -0.281164,
      "from_low_reference": 0.153005
    },
    "levels": {
      "trend_reference": 1044.705876,
      "fair_value_reference": 1055.581394,
      "structural_low": 915.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.090974,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.109823,
        "regime_survival": 0.25,
        "best_return": 0.176367,
        "worst_return": -0.004128,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.152474,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.198273,
        "regime_survival": 0.0,
        "best_return": 0.310741,
        "worst_return": 0.081129,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.240836,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.264874,
        "regime_survival": 0.333333,
        "best_return": 0.292466,
        "worst_return": 0.232721,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.579775,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.558019,
        "regime_survival": 0.0,
        "best_return": 0.603738,
        "worst_return": 0.555811,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-05",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.035587,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-07-19",
        "end": "2024-08-09",
        "tenure": "New",
        "return": 0.007991,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.026432,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2024-08-30",
        "end": "2024-09-13",
        "tenure": "New",
        "return": 0.026151,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-12-06",
        "tenure": "Developing",
        "return": 0.1343,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-13",
        "end": "2025-03-28",
        "tenure": "Established",
        "return": -0.063262,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.125498,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2025-06-13",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.203653,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-10-10",
        "tenure": "Established",
        "return": 0.059112,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.058442,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-14",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.00508,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2026-01-16",
        "tenure": "Developing",
        "return": -0.055602,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2026-07-31",
        "tenure": "Extended",
        "return": -0.105958,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "start": "2026-08-07",
        "end": "2026-08-21",
        "tenure": "New",
        "return": 0.029268,
        "active": true
      }
    ],
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        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
        "close": 1025.0,
        "volume": 4165000,
        "typical_volume": 1517595.0,
        "trend": 1051.486861,
        "fair_value": 1057.261491,
        "relative_strength": -27.302831,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-08-14",
        "close": 1037.0,
        "volume": 2600900,
        "typical_volume": 1572675.0,
        "trend": 1048.538106,
        "fair_value": 1056.387991,
        "relative_strength": -28.750573,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.830291,
        "energy": 23.256491,
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          1039.066667,
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      },
      {
        "date": "2026-08-21",
        "close": 1055.0,
        "volume": 3210900,
        "typical_volume": 1652215.0,
        "trend": 1044.705876,
        "fair_value": 1055.581394,
        "relative_strength": -23.403121,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
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        "energy": 23.429736,
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          1042.8,
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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."
    }
  }
}