{
  "ticker": {
    "uuid": "74d749c3-0860-4a86-a9e8-0cfd6261aeda",
    "symbol": "3349",
    "name": "Dexin 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": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -4.782,
    "architecture_energy": 12.861,
    "architecture_maturity": 27.404,
    "architecture_confidence": 52.493,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 53.65,
        "rotation_up": 41.01,
        "upward_expansion": 33.08,
        "deceleration": 40.84,
        "rotation_down": 16.09,
        "downward_expansion": 45.75
      },
      "activity_lines": [
        22.853333,
        22.378182,
        21.671667,
        22.753871
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 23.0,
    "trend_reference": 24.533333,
    "distance_from_trend": -0.0625,
    "trend_direction": "Weakening",
    "fair_value": 21.970645,
    "distance_from_fair_value": 0.046851,
    "fair_value_direction": "Improving",
    "relative_strength": -31.407285,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.204152,
    "excess_performance": -0.645524,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.0625,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.068178,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.046851,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.168817,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.314073,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.112532,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.204152,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.170975,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 958000,
      "relative_activity": 1.117965,
      "balance": 1.170975,
      "dry_up": 0.78547,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.102007,
      "annualized_volatility": 0.529732,
      "from_high_reference": -0.295559,
      "from_low_reference": 0.341108
    },
    "levels": {
      "trend_reference": 24.533333,
      "fair_value_reference": 21.970645,
      "structural_low": 17.15,
      "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": 12,
        "median_return": 0.035716,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.028763,
        "regime_survival": 0.583333,
        "best_return": 0.375723,
        "worst_return": -0.026128,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.316176,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.245798,
        "regime_survival": 0.2,
        "best_return": 0.347826,
        "worst_return": 0.031923,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.390829,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.239171,
        "regime_survival": 0.0,
        "best_return": 0.566396,
        "worst_return": 0.301471,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.246612,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.052715,
        "regime_survival": 0.333333,
        "best_return": 0.926471,
        "worst_return": -0.217334,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-05",
        "end": "2024-07-26",
        "tenure": "Established",
        "return": 0.288066,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.112605,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-13",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.035714,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-22",
        "end": "2024-12-06",
        "tenure": "New",
        "return": -0.108333,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2025-03-21",
        "tenure": "Established",
        "return": 0.058201,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-28",
        "end": "2025-04-25",
        "tenure": "Developing",
        "return": -0.092965,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-02",
        "end": "2025-08-01",
        "tenure": "Established",
        "return": 0.063953,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.086721,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-05",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": 0.025907,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-24",
        "end": "2026-02-06",
        "tenure": "Established",
        "return": 0.459596,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-13",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": -0.191379,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-15",
        "end": "2026-05-29",
        "tenure": "New",
        "return": -0.063158,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.277778,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-08-14",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 17.049999,
        "volume": 81000,
        "typical_volume": 257250.0,
        "trend": 15.23,
        "fair_value": 17.319627,
        "relative_strength": 6.468578,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.587772,
        "energy": 45.895336,
        "activity_lines": [
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      },
      {
        "date": "2023-08-18",
        "close": 17.299999,
        "volume": 140000,
        "typical_volume": 260550.0,
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        "direction": 52.937981,
        "energy": 33.330361,
        "activity_lines": [
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      },
      {
        "date": "2023-08-25",
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        "volume": 59000,
        "typical_volume": 263200.0,
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        "relative_strength": 10.298526,
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      },
      {
        "date": "2023-09-01",
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        "typical_volume": 258900.0,
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        "relative_strength": 9.745002,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.125758,
        "energy": 28.409799,
        "activity_lines": [
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      },
      {
        "date": "2023-09-08",
        "close": 17.4,
        "volume": 43000,
        "typical_volume": 259650.0,
        "trend": 15.79,
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        "relative_strength": 8.391765,
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        "direction": 41.510246,
        "energy": 29.043891,
        "activity_lines": [
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      },
      {
        "date": "2023-09-15",
        "close": 17.6,
        "volume": 28000,
        "typical_volume": 259350.0,
        "trend": 15.931667,
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        "relative_strength": 7.444051,
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      },
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        "date": "2023-09-22",
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      },
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        "date": "2023-09-29",
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      },
      {
        "date": "2023-10-06",
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        "fair_value": 17.502534,
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      },
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        "modifier": "Upper balance after advance",
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      },
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        "date": "2023-10-27",
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      {
        "date": "2024-01-12",
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        "typical_volume": 151100.0,
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        "relative_strength": -30.567857,
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        "modifier": "Momentum cooling",
        "gate": "mixed",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
        "close": 19.0,
        "volume": 1180115,
        "typical_volume": 1701981.9,
        "trend": 26.491667,
        "fair_value": 21.639235,
        "relative_strength": -42.660519,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 1537129.1,
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        "fair_value": 21.669684,
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        "stage": 4,
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        "gate": "mixed",
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        "energy": 77.929659,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 1460877.65,
        "trend": 26.395,
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        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
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      },
      {
        "date": "2026-06-05",
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        "relative_strength": -49.056913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 1249883.9,
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        "relative_strength": -46.499924,
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 1183129.9,
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        "modifier": "Early contraction",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 1145125.85,
        "trend": 25.938333,
        "fair_value": 21.755261,
        "relative_strength": -38.034812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.726678,
        "energy": 50.44579,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 23.9,
        "volume": 1211101,
        "typical_volume": 1136726.9,
        "trend": 25.801667,
        "fair_value": 21.807184,
        "relative_strength": -30.236016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.101283,
        "energy": 28.076008,
        "activity_lines": [
          21.1,
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      },
      {
        "date": "2026-07-17",
        "close": 22.9,
        "volume": 914021,
        "typical_volume": 1072424.95,
        "trend": 25.6,
        "fair_value": 21.846286,
        "relative_strength": -28.399438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.122793,
        "energy": 28.598667,
        "activity_lines": [
          22.03,
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          21.69,
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      },
      {
        "date": "2026-07-24",
        "close": 23.299999,
        "volume": 378000,
        "typical_volume": 939870.1,
        "trend": 25.346667,
        "fair_value": 21.884107,
        "relative_strength": -28.372062,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.876957,
        "energy": 28.975761,
        "activity_lines": [
          22.79,
          21.195454,
          21.688333,
          23.21215
        ]
      },
      {
        "date": "2026-07-31",
        "close": 22.1,
        "volume": 685025,
        "typical_volume": 863401.8,
        "trend": 25.058333,
        "fair_value": 21.903017,
        "relative_strength": -30.93378,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.670676,
        "energy": 23.889654,
        "activity_lines": [
          22.813333,
          21.550909,
          21.603571,
          23.002688
        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.0,
        "volume": 671295,
        "typical_volume": 847263.85,
        "trend": 24.798333,
        "fair_value": 21.934748,
        "relative_strength": -29.441977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.504713,
        "energy": 15.104984,
        "activity_lines": [
          22.866666,
          22.011818,
          21.629286,
          22.869892
        ]
      },
      {
        "date": "2026-08-14",
        "close": 23.0,
        "volume": 958000,
        "typical_volume": 856913.85,
        "trend": 24.533333,
        "fair_value": 21.970645,
        "relative_strength": -31.407285,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.781725,
        "energy": 12.860935,
        "activity_lines": [
          22.853333,
          22.378182,
          21.671667,
          22.753871
        ]
      }
    ],
    "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."
    }
  }
}