{
  "ticker": {
    "uuid": "4aa75564-cd6b-47ff-957c-4b0f3597f3d4",
    "symbol": "6283",
    "name": "Shun On Electronic Co., Ltd.",
    "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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Structural failure",
    "architecture_gate": "down",
    "architecture_direction": -69.806,
    "architecture_energy": 75.507,
    "architecture_maturity": 14.637,
    "architecture_confidence": 81.462,
    "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": 11.72,
        "rotation_up": 8.43,
        "upward_expansion": 16.51,
        "deceleration": 37.11,
        "rotation_down": 80.59,
        "downward_expansion": 94.51
      },
      "activity_lines": [
        20.326666,
        21.304545,
        22.415,
        22.421828
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 20.049999,
    "trend_reference": 22.476667,
    "distance_from_trend": -0.107964,
    "trend_direction": "Weakening",
    "fair_value": 26.336538,
    "distance_from_fair_value": -0.2387,
    "fair_value_direction": "Weakening",
    "relative_strength": -41.415612,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.098876,
    "excess_performance": -0.540248,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.107964,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.046858,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.2387,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.173861,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.414156,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.12707,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.098876,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.522682,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 491000,
      "relative_activity": 0.329149,
      "balance": 0.522682,
      "dry_up": 0.459246,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.083829,
      "annualized_volatility": 0.399599,
      "from_high_reference": -0.371473,
      "from_low_reference": 0.06366
    },
    "levels": {
      "trend_reference": 22.476667,
      "fair_value_reference": 26.336538,
      "structural_low": 18.85,
      "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": 0.043674,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.021373,
        "regime_survival": 0.0,
        "best_return": 0.104167,
        "worst_return": -0.006349,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.002534,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.025485,
        "regime_survival": 0.0,
        "best_return": 0.16888,
        "worst_return": -0.057208,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.13852,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.085925,
        "regime_survival": 0.0,
        "best_return": 0.139588,
        "worst_return": 0.072115,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.082743,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.216931,
        "regime_survival": 0.0,
        "best_return": 0.00759,
        "worst_return": -0.173077,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-11-08",
        "end": "2024-11-29",
        "tenure": "New",
        "return": -0.074703,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-06",
        "end": "2024-12-20",
        "tenure": "New",
        "return": -0.031308,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-27",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.023214,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-02-28",
        "tenure": "New",
        "return": 0.005128,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": 0.097173,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.009153,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-08-08",
        "tenure": "Established",
        "return": -0.082969,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-15",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": -0.163543,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-03",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.086777,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": -0.11,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-13",
        "end": "2026-05-15",
        "tenure": "Established",
        "return": 0.157895,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-22",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": -0.02439,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-26",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.099352,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-31",
        "end": "2026-08-14",
        "tenure": "New",
        "return": -0.009877,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
        "close": 30.85,
        "volume": 727379,
        "typical_volume": 1054931.05,
        "trend": 32.383334,
        "fair_value": 38.957051,
        "relative_strength": -14.631988,
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        "energy": 22.154293,
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      },
      {
        "date": "2023-08-18",
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      },
      {
        "date": "2023-08-25",
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      },
      {
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      {
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      },
      {
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      {
        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
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        "date": "2026-06-19",
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      },
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 1541683.45,
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        "fair_value": 26.627885,
        "relative_strength": -36.344223,
        "stage": 1,
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        "modifier": "Upper balance after advance",
        "gate": "mixed",
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      },
      {
        "date": "2026-07-24",
        "close": 20.85,
        "volume": 683001,
        "typical_volume": 1523483.2,
        "trend": 22.973333,
        "fair_value": 26.570513,
        "relative_strength": -38.181499,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -37.634633,
        "energy": 36.039418,
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          22.006667,
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          23.151191,
          22.92828
        ]
      },
      {
        "date": "2026-07-31",
        "close": 20.25,
        "volume": 1136650,
        "typical_volume": 1535089.8,
        "trend": 22.801667,
        "fair_value": 26.498718,
        "relative_strength": -38.539182,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.933856,
        "energy": 51.864783,
        "activity_lines": [
          21.253334,
          22.270909,
          22.91,
          22.752581
        ]
      },
      {
        "date": "2026-08-07",
        "close": 20.25,
        "volume": 429628,
        "typical_volume": 1507154.9,
        "trend": 22.625,
        "fair_value": 26.414103,
        "relative_strength": -39.391654,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.155158,
        "energy": 63.542635,
        "activity_lines": [
          20.693334,
          21.771818,
          22.671429,
          22.587957
        ]
      },
      {
        "date": "2026-08-14",
        "close": 20.049999,
        "volume": 491000,
        "typical_volume": 1491727.85,
        "trend": 22.476667,
        "fair_value": 26.336538,
        "relative_strength": -41.415612,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -69.80648,
        "energy": 75.506651,
        "activity_lines": [
          20.326666,
          21.304545,
          22.415,
          22.421828
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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."
    }
  }
}