{
  "ticker": {
    "uuid": "6692f24b-7bee-49a5-911e-947777a47068",
    "symbol": "4205",
    "name": "Chung Hwa Food Industrial Co., Ltd.",
    "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": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 85.375,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -49.283,
    "architecture_energy": 32.334,
    "architecture_maturity": 95.174,
    "architecture_confidence": 69.805,
    "architecture_tenure": "Extended",
    "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": 44.32,
        "rotation_up": 25.79,
        "upward_expansion": 8.11,
        "deceleration": 59.22,
        "rotation_down": 38.63,
        "downward_expansion": 67.77
      },
      "activity_lines": [
        69.906667,
        69.953884,
        70.029405,
        70.731806
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 70.099998,
    "trend_reference": 71.868145,
    "distance_from_trend": -0.024603,
    "trend_direction": "Weakening",
    "fair_value": 77.933638,
    "distance_from_fair_value": -0.100517,
    "fair_value_direction": "Improving",
    "relative_strength": -35.682147,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.059515,
    "excess_performance": -0.500887,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.024603,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.039355,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.100517,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.02021,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.356821,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.058811,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.059515,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.157666,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 89610,
      "relative_activity": 0.561075,
      "balance": 1.157666,
      "dry_up": 0.970543,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.017796,
      "annualized_volatility": 0.099308,
      "from_high_reference": -0.198846,
      "from_low_reference": 0.027859
    },
    "levels": {
      "trend_reference": 71.868145,
      "fair_value_reference": 77.933638,
      "structural_low": 68.199997,
      "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": 37,
        "median_return": -0.00597,
        "positive_rate": 0.243243,
        "directional_follow_through": 0.72973,
        "median_excess_return": -0.01378,
        "regime_survival": 0.918919,
        "best_return": 0.039216,
        "worst_return": -0.069869,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.023486,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.088713,
        "regime_survival": 0.727273,
        "best_return": 0.052154,
        "worst_return": -0.091304,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.032914,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.132178,
        "regime_survival": 0.5,
        "best_return": 0.054726,
        "worst_return": -0.098888,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.050609,
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        "regime_survival": 0.333333,
        "best_return": 0.097097,
        "worst_return": -0.064807,
        "sufficient": false
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        "regime": "balance",
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        "color": "blue",
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        "end": "2022-10-07",
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        "return": -0.037736,
        "active": false
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      {
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        "return": 0.004902,
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      {
        "regime": "upward_expansion",
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        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2023-08-04",
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        "regime": "upward_expansion",
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        "active": false
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      {
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        "modifier": "Established contraction",
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      {
        "date": "2026-04-24",
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
        "close": 68.912453,
        "volume": 222911,
        "typical_volume": 153204.4,
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      },
      {
        "date": "2026-06-05",
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        "volume": 261911,
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        "trend": 74.812424,
        "fair_value": 78.865051,
        "relative_strength": -44.102767,
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        "stage": 4,
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      },
      {
        "date": "2026-06-19",
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        "stage": 4,
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        "direction": -64.794921,
        "energy": 59.386134,
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        "date": "2026-06-26",
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      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "trend": 73.077699,
        "fair_value": 78.410562,
        "relative_strength": -39.901037,
        "stage": 4,
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        "modifier": "Established contraction",
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        "direction": -48.277982,
        "energy": 43.51924,
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      },
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        "close": 71.199997,
        "volume": 282679,
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        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.247637,
        "energy": 28.330701,
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      },
      {
        "date": "2026-07-24",
        "close": 70.5,
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        "typical_volume": 156794.65,
        "trend": 72.628627,
        "fair_value": 78.238712,
        "relative_strength": -35.296775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.263089,
        "energy": 22.815758,
        "activity_lines": [
          70.432905,
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          70.431183,
          71.264913
        ]
      },
      {
        "date": "2026-07-31",
        "close": 68.900002,
        "volume": 243523,
        "typical_volume": 160615.35,
        "trend": 72.345445,
        "fair_value": 78.135167,
        "relative_strength": -34.999673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.331386,
        "energy": 31.504138,
        "activity_lines": [
          69.998849,
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          70.214561,
          71.024356
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      },
      {
        "date": "2026-08-07",
        "close": 69.800003,
        "volume": 120965,
        "typical_volume": 161105.9,
        "trend": 72.089086,
        "fair_value": 78.034758,
        "relative_strength": -34.738672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.385919,
        "energy": 28.960674,
        "activity_lines": [
          69.90375,
          69.910983,
          70.097329,
          70.860134
        ]
      },
      {
        "date": "2026-08-14",
        "close": 70.099998,
        "volume": 89610,
        "typical_volume": 159711.3,
        "trend": 71.868145,
        "fair_value": 77.933638,
        "relative_strength": -35.682147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.283225,
        "energy": 32.333839,
        "activity_lines": [
          69.906667,
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          70.029405,
          70.731806
        ]
      }
    ],
    "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."
    }
  }
}