{ "ticker": { "uuid": "5343c6d8-06be-49cc-8185-8610d6d4fc28", "symbol": "7767", "name": "HPI", "exchange": "TWO", "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": "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": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 35.824, "architecture_energy": 63.471, "architecture_maturity": 11.071, "architecture_confidence": 52.497, "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": 34.32, "rotation_up": 69.18, "upward_expansion": 61.71, "deceleration": 23.83, "rotation_down": 16.44, "downward_expansion": 22.38 }, "activity_lines": [ 45.846666, 44.209548, 42.624839, 42.309948 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 45.0, "trend_reference": 42.3174, "distance_from_trend": 0.063392, "trend_direction": "Weakening", "fair_value": 48.888047, "distance_from_fair_value": -0.07953, "fair_value_direction": "Improving", "relative_strength": -33.391422, "relative_strength_direction": "Improving", "price_momentum": 0.033848, "excess_performance": -0.407524, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063392, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.059015, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.07953, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.105687, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.333914, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.129553, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.033848, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.857997, "read": "Demand-led" } ], "volume": { "latest": 482146, "relative_activity": 2.580813, "balance": 1.857997, "dry_up": 1.835283, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.063135, "annualized_volatility": 0.170742, "from_high_reference": -0.247964, "from_low_reference": 0.192116 }, "levels": { "trend_reference": 42.3174, "fair_value_reference": 48.888047, "structural_low": 37.748018, "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": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, 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193000, "typical_volume": 167362.15, "trend": 42.305573, "fair_value": 48.930773, "relative_strength": -29.488808, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.239917, "energy": 69.121355, "activity_lines": [ 45.799999, 43.722981, 42.31052, 42.136114 ] }, { "date": "2026-08-14", "close": 45.0, "volume": 482146, "typical_volume": 186819.45, "trend": 42.3174, "fair_value": 48.888047, "relative_strength": -33.391422, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.823761, "energy": 63.471484, "activity_lines": [ 45.846666, 44.209548, 42.624839, 42.309948 ] } ], "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." } } }