{
  "ticker": {
    "uuid": "8d72f713-3045-4714-893f-735f17bd3a7f",
    "symbol": "6230",
    "name": "Nidec Chaun-Choung Technology Corporation",
    "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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 89.715,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -69.198,
    "architecture_energy": 78.491,
    "architecture_maturity": 22.474,
    "architecture_confidence": 94.244,
    "architecture_tenure": "New",
    "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": 8.17,
        "rotation_up": 14.85,
        "upward_expansion": 18.86,
        "deceleration": 37.82,
        "rotation_down": 73.73,
        "downward_expansion": 96.86
      },
      "activity_lines": [
        110.1,
        114.918182,
        125.033333,
        132.284946
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 109.0,
    "trend_reference": 137.266667,
    "distance_from_trend": -0.205925,
    "trend_direction": "Improving",
    "fair_value": 168.969546,
    "distance_from_fair_value": -0.354913,
    "fair_value_direction": "Weakening",
    "relative_strength": -42.662774,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.095436,
    "excess_performance": -0.536808,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.205925,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.005494,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.354913,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.149145,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.426628,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.103567,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.095436,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.605887,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 409125,
      "relative_activity": 0.752775,
      "balance": 0.605887,
      "dry_up": 0.684905,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.108327,
      "annualized_volatility": 0.609725,
      "from_high_reference": -0.427822,
      "from_low_reference": 0.079208
    },
    "levels": {
      "trend_reference": 137.266667,
      "fair_value_reference": 168.969546,
      "structural_low": 101.0,
      "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": 34,
        "median_return": -0.012692,
        "positive_rate": 0.411765,
        "directional_follow_through": 0.588235,
        "median_excess_return": -0.033369,
        "regime_survival": 0.852941,
        "best_return": 0.29703,
        "worst_return": -0.229091,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": -0.00082,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.094233,
        "regime_survival": 0.666667,
        "best_return": 0.566524,
        "worst_return": -0.280112,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.036601,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
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        "worst_return": -0.41055,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.004097,
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        "directional_follow_through": 0.5,
        "median_excess_return": -0.027468,
        "regime_survival": 0.25,
        "best_return": 0.581107,
        "worst_return": -0.388976,
        "sufficient": false
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        "label": "Deceleration",
        "color": "amber",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-11",
        "end": "2025-08-15",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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      {
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
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      {
        "regime": "deceleration",
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      },
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        "date": "2026-05-01",
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      },
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        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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        "date": "2026-06-05",
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      },
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        "date": "2026-06-12",
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        "stage": 3,
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-10",
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        "volume": 0,
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        "relative_strength": -38.368406,
        "stage": 4,
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 965665.35,
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        "fair_value": 170.305033,
        "relative_strength": -39.496273,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.81365,
        "energy": 65.29343,
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      },
      {
        "date": "2026-07-24",
        "close": 114.5,
        "volume": 336475,
        "typical_volume": 627101.05,
        "trend": 137.9,
        "fair_value": 170.064806,
        "relative_strength": -39.258726,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -72.066331,
        "energy": 73.591656,
        "activity_lines": [
          118.233333,
          123.627273,
          133.609524,
          137.795699
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      },
      {
        "date": "2026-07-31",
        "close": 109.5,
        "volume": 458198,
        "typical_volume": 608009.95,
        "trend": 137.633333,
        "fair_value": 169.637542,
        "relative_strength": -40.406873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.104846,
        "energy": 80.007687,
        "activity_lines": [
          114.666667,
          120.272727,
          130.480952,
          135.963441
        ]
      },
      {
        "date": "2026-08-07",
        "close": 109.0,
        "volume": 285156,
        "typical_volume": 585174.75,
        "trend": 137.383333,
        "fair_value": 169.26717,
        "relative_strength": -41.417508,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.278192,
        "energy": 80.345807,
        "activity_lines": [
          111.766667,
          117.354545,
          127.597619,
          134.116129
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      },
      {
        "date": "2026-08-14",
        "close": 109.0,
        "volume": 409125,
        "typical_volume": 543489.05,
        "trend": 137.266667,
        "fair_value": 168.969546,
        "relative_strength": -42.662774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.197762,
        "energy": 78.490675,
        "activity_lines": [
          110.1,
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          125.033333,
          132.284946
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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."
    }
  }
}