{ "ticker": { "uuid": "4e0be4c9-5997-486a-b302-96c292000428", "symbol": "AMOR", "name": "PT Ashmore Asset Management Indonesia Tbk", "exchange": "JKT", "country": "ID", "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": "^JKSE", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 34.426, "architecture_energy": 45.664, "architecture_maturity": 5.631, "architecture_confidence": 74.043, "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": 34.85, "rotation_up": 69.0, "upward_expansion": 60.04, "deceleration": 21.09, "rotation_down": 17.08, "downward_expansion": 16.04 }, "activity_lines": [ 356.0, 347.672727, 341.361905, 341.26562 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 358.0, "trend_reference": 342.457397, "distance_from_trend": 0.045386, "trend_direction": "Weakening", "fair_value": 581.176537, "distance_from_fair_value": -0.384008, "fair_value_direction": "Improving", "relative_strength": 11.570937, "relative_strength_direction": "Improving", "price_momentum": 0.028736, "excess_performance": 0.239824, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045386, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.03232, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.384008, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.071637, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.115709, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.038162, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.028736, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.874618, "read": "Demand-led" } ], "volume": { "latest": 348200, "relative_activity": 0.298311, "balance": 2.874618, "dry_up": 0.40071, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.060163, "annualized_volatility": 0.300621, "from_high_reference": -0.240842, "from_low_reference": 0.243056 }, "levels": { "trend_reference": 342.457397, "fair_value_reference": 581.176537, "structural_low": 288.0, "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": 4, "median_return": -0.104498, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.086952, "regime_survival": 0.25, "best_return": 0.003745, "worst_return": -0.267176, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.15091, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.144292, "regime_survival": 0.0, "best_return": -0.116936, "worst_return": -0.318066, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.291193, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.220304, "regime_survival": 0.0, "best_return": -0.154701, "worst_return": -0.427684, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 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"relative_strength": 13.583582, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.071791, "energy": 32.265705, "activity_lines": [ 353.733333, 343.6, 339.857143, 340.290081 ] }, { "date": "2026-08-21", "close": 358.0, "volume": 348200, "typical_volume": 1167240.0, "trend": 342.457397, "fair_value": 581.176537, "relative_strength": 11.570937, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.425624, "energy": 45.663663, "activity_lines": [ 356.0, 347.672727, 341.361905, 341.26562 ] } ], "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." } } }