{
  "ticker": {
    "uuid": "8d0d7b3a-2dcc-464d-a5e6-25082e512593",
    "symbol": "6282",
    "name": "AcBel Polytech Inc.",
    "exchange": "TAI",
    "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": 3,
    "stage_name": "Distribution",
    "phase": "3c",
    "phase_label": "Stage 3C \u00b7 Breakdown watch",
    "transition": "stage_3_to_4_watch",
    "transition_label": "Stage 3 \u2192 4 watch",
    "confidence": 96.0,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -19.196,
    "architecture_energy": 38.775,
    "architecture_maturity": 9.371,
    "architecture_confidence": 65.063,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 49.14,
        "rotation_up": 14.94,
        "upward_expansion": 20.99,
        "deceleration": 53.41,
        "rotation_down": 59.93,
        "downward_expansion": 45.99
      },
      "activity_lines": [
        46.526667,
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        51.98119,
        51.530108
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 47.799999,
    "trend_reference": 51.24,
    "distance_from_trend": -0.067135,
    "trend_direction": "Improving",
    "fair_value": 38.068687,
    "distance_from_fair_value": 0.255625,
    "fair_value_direction": "Weakening",
    "relative_strength": -21.925332,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.020278,
    "excess_performance": -0.421095,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.067135,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.076923,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.255625,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.071019,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.219253,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.12787,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.020278,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.657018,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 70587414,
      "relative_activity": 0.458946,
      "balance": 1.657018,
      "dry_up": 0.376648,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.165111,
      "annualized_volatility": 0.559675,
      "from_high_reference": -0.324859,
      "from_low_reference": 0.757353
    },
    "levels": {
      "trend_reference": 51.24,
      "fair_value_reference": 38.068687,
      "structural_low": 38.400002,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": -0.001727,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.017918,
        "regime_survival": 0.333333,
        "best_return": 0.067775,
        "worst_return": -0.086449,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.005973,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.032195,
        "regime_survival": 0.0,
        "best_return": 0.1019,
        "worst_return": -0.089953,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.054224,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.057399,
        "regime_survival": 0.0,
        "best_return": -0.053541,
        "worst_return": -0.054906,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.113683,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.039508,
        "regime_survival": 0.0,
        "best_return": 0.440414,
        "worst_return": -0.213049,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-17",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.074766,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2024-08-02",
        "tenure": "New",
        "return": -0.103535,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-09",
        "end": "2025-02-21",
        "tenure": "Extended",
        "return": -0.028447,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-28",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.050157,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": 0.229167,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.053381,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.253707,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-12-19",
        "tenure": "New",
        "return": -0.021177,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-03-06",
        "tenure": "Developing",
        "return": 0.140049,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.015184,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-05-22",
        "tenure": "New",
        "return": 0.212249,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": -0.026711,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "New",
        "return": -0.263889,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "tenure": "New",
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        "active": true
      }
    ],
    "chart_path": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 161352663.75,
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        "fair_value": 38.185184,
        "relative_strength": -19.677165,
        "stage": 3,
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      },
      {
        "date": "2026-07-31",
        "close": 42.400002,
        "volume": 58473176,
        "typical_volume": 161380474.2,
        "trend": 51.053333,
        "fair_value": 38.125906,
        "relative_strength": -26.699413,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -30.653231,
        "energy": 30.294717,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 47.150002,
        "volume": 52478799,
        "typical_volume": 154867985.75,
        "trend": 51.165,
        "fair_value": 38.087138,
        "relative_strength": -20.40507,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.644984,
        "energy": 31.20198,
        "activity_lines": [
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      },
      {
        "date": "2026-08-14",
        "close": 47.799999,
        "volume": 70587414,
        "typical_volume": 153803383.05,
        "trend": 51.24,
        "fair_value": 38.068687,
        "relative_strength": -21.925332,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.196436,
        "energy": 38.775135,
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      }
    ],
    "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."
    }
  }
}