{
  "ticker": {
    "uuid": "4a739a83-6526-4e43-a9d7-917445c8b6ba",
    "symbol": "1527",
    "name": "Basso Industry Corp.",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 91.63,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 34.279,
    "architecture_energy": 36.467,
    "architecture_maturity": 20.257,
    "architecture_confidence": 44.016,
    "architecture_tenure": "Developing",
    "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": 35.5,
        "rotation_up": 50.23,
        "upward_expansion": 51.0,
        "deceleration": 32.04,
        "rotation_down": 23.74,
        "downward_expansion": 14.0
      },
      "activity_lines": [
        32.51148,
        32.333838,
        31.997084,
        31.858036
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 32.849998,
    "trend_reference": 31.948815,
    "distance_from_trend": 0.028207,
    "trend_direction": "Improving",
    "fair_value": 34.84272,
    "distance_from_fair_value": -0.057192,
    "fair_value_direction": "Improving",
    "relative_strength": -26.558803,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.014097,
    "excess_performance": -0.427275,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.028207,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.007325,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.057192,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.067553,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.265588,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.101492,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.014097,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.001228,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 776000,
      "relative_activity": 0.699299,
      "balance": 5.001228,
      "dry_up": 0.963099,
      "accumulation_observations": 6,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.02982,
      "annualized_volatility": 0.09308,
      "from_high_reference": -0.116249,
      "from_low_reference": 0.103625
    },
    "levels": {
      "trend_reference": 31.948815,
      "fair_value_reference": 34.84272,
      "structural_low": 30.386666,
      "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": 21,
        "median_return": 0.001212,
        "positive_rate": 0.52381,
        "directional_follow_through": 0.52381,
        "median_excess_return": -0.007618,
        "regime_survival": 0.52381,
        "best_return": 0.063781,
        "worst_return": -0.082108,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.015981,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.011365,
        "regime_survival": 0.4,
        "best_return": 0.101818,
        "worst_return": -0.090244,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.015205,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.105032,
        "regime_survival": 0.0,
        "best_return": 0.042206,
        "worst_return": -0.118203,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.016559,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.188498,
        "regime_survival": 0.666667,
        "best_return": 0.031918,
        "worst_return": -0.185049,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-23",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": -0.038251,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-18",
        "end": "2024-11-22",
        "tenure": "Developing",
        "return": -0.027027,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-29",
        "end": "2024-12-13",
        "tenure": "New",
        "return": 0.018735,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.029551,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": 0.048809,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.06422,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-08-01",
        "tenure": "Established",
        "return": 0.131503,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-15",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.003021,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Developing",
        "return": 0.073314,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-30",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.011696,
        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "return": 0.037442,
        "active": false
      },
      {
        "regime": "balance",
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        "color": "blue",
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        "return": 0.03237,
        "active": true
      }
    ],
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      },
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        "date": "2026-04-24",
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        "date": "2026-06-19",
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "modifier": "Balance after decline",
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      },
      {
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        "fair_value": 34.873196,
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        "direction": 14.214521,
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      },
      {
        "date": "2026-07-24",
        "close": 32.106667,
        "volume": 709715,
        "typical_volume": 1252915.75,
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        "fair_value": 34.862458,
        "relative_strength": -27.787466,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.563782,
        "energy": 21.394524,
        "activity_lines": [
          32.125778,
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      },
      {
        "date": "2026-07-31",
        "close": 32.25,
        "volume": 1812531,
        "typical_volume": 1286189.65,
        "trend": 31.853445,
        "fair_value": 34.853157,
        "relative_strength": -25.551244,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.68445,
        "energy": 17.228347,
        "activity_lines": [
          32.17037,
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      },
      {
        "date": "2026-08-07",
        "close": 32.599998,
        "volume": 976690,
        "typical_volume": 1171478.65,
        "trend": 31.903333,
        "fair_value": 34.846878,
        "relative_strength": -25.53089,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.897355,
        "energy": 23.026778,
        "activity_lines": [
          32.296592,
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        ]
      },
      {
        "date": "2026-08-14",
        "close": 32.849998,
        "volume": 776000,
        "typical_volume": 1109682.15,
        "trend": 31.948815,
        "fair_value": 34.84272,
        "relative_strength": -26.558803,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.279317,
        "energy": 36.467084,
        "activity_lines": [
          32.51148,
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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."
    }
  }
}