{ "ticker": { "uuid": "667d925b-7dde-4f4b-b3ed-6f1bdb71af66", "symbol": "5201", "name": "K WAY Information Corporation", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -69.412, "architecture_energy": 57.037, "architecture_maturity": 80.955, "architecture_confidence": 96, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 6.97, "rotation_up": 28.8, "upward_expansion": 9.64, "deceleration": 53.07, "rotation_down": 54.53, "downward_expansion": 85.31 }, "activity_lines": [ 26.33, 26.639823, 27.651066, 29.806725 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 25.85, "trend_reference": 33.023185, "distance_from_trend": -0.217217, "trend_direction": "Weakening", "fair_value": 32.905788, "distance_from_fair_value": -0.214424, "fair_value_direction": "Weakening", "relative_strength": -51.992898, "relative_strength_direction": "Improving", "price_momentum": -0.347003, "excess_performance": -0.788375, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.217217, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.14559, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.214424, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.087123, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.519929, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003285, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.347003, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.346238, "read": "Supply-led" } ], "volume": { "latest": 114101, "relative_activity": 0.207409, "balance": 0.346238, "dry_up": 0.311987, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.076105, "annualized_volatility": 0.357989, "from_high_reference": -0.490005, "from_low_reference": 0.015717 }, "levels": { "trend_reference": 33.023185, "fair_value_reference": 32.905788, "structural_low": 25.450001, "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": 26, "median_return": 0.004725, "positive_rate": 0.538462, "directional_follow_through": 0.423077, "median_excess_return": 0.007349, "regime_survival": 0.807692, "best_return": 0.082676, "worst_return": -0.22293, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.016667, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.046404, "regime_survival": 0.444444, "best_return": 0.366546, "worst_return": -0.293223, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.016187, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": -0.111584, "regime_survival": 0.0, "best_return": 0.289558, "worst_return": -0.083192, "sufficient": true }, { "horizon": 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27.698809, 29.963561, 32.536262 ] }, { "date": "2026-07-17", "close": 26.25, "volume": 172085, "typical_volume": 668636.1, "trend": 35.558864, "fair_value": 32.99962, "relative_strength": -50.921433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.738738, "energy": 60.361757, "activity_lines": [ 26.88, 27.36243, 29.364804, 31.89106 ] }, { "date": "2026-07-24", "close": 27.299999, "volume": 226042, "typical_volume": 611227.1, "trend": 34.867713, "fair_value": 32.987449, "relative_strength": -49.305713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.039793, "energy": 60.803552, "activity_lines": [ 26.963333, 27.282631, 28.927216, 31.35823 ] }, { "date": "2026-07-31", "close": 26.35, "volume": 277165, "typical_volume": 599585.2, "trend": 34.21202, "fair_value": 32.964208, "relative_strength": -49.640247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.133773, "energy": 59.4873, "activity_lines": [ 26.756667, 27.058825, 28.454854, 30.8087 ] }, { "date": "2026-08-07", "close": 26.450001, "volume": 69219, "typical_volume": 571776.45, "trend": 33.618598, "fair_value": 32.937507, "relative_strength": -49.917256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.766613, "energy": 56.451593, "activity_lines": [ 26.616667, 26.891159, 28.05154, 30.307924 ] }, { "date": "2026-08-14", "close": 25.85, "volume": 114101, "typical_volume": 550125.1, "trend": 33.023185, "fair_value": 32.905788, "relative_strength": -51.992898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.412332, "energy": 57.036941, "activity_lines": [ 26.33, 26.639823, 27.651066, 29.806725 ] } ], "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." } } }