{ "ticker": { "uuid": "95289518-a506-4ee5-a5a0-9ec6e549bbb9", "symbol": "6596", "name": "Kuang Hong Arts Management Incorporation", "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": -62.283, "architecture_energy": 54.908, "architecture_maturity": 98.431, "architecture_confidence": 91.043, "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": 12.55, "rotation_up": 28.94, "upward_expansion": 9.76, "deceleration": 60.88, "rotation_down": 50.15, "downward_expansion": 83.09 }, "activity_lines": [ 90.260001, 90.509092, 92.877143, 97.525093 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 93.900002, "trend_reference": 104.73316, "distance_from_trend": -0.103436, "trend_direction": "Weakening", "fair_value": 80.960256, "distance_from_fair_value": 0.159828, "fair_value_direction": "Weakening", "relative_strength": -43.799954, "relative_strength_direction": "Improving", "price_momentum": -0.234654, "excess_performance": -0.676026, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.103436, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.090538, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.159828, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.111083, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.438, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032791, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.234654, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.888469, "read": "Supply-led" } ], "volume": { "latest": 1023157, "relative_activity": 0.887938, "balance": 0.888469, "dry_up": 0.524097, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.043254, "annualized_volatility": 0.320092, "from_high_reference": -0.403791, "from_low_reference": 0.104706 }, "levels": { "trend_reference": 104.73316, "fair_value_reference": 80.960256, 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"volume": 575235, "typical_volume": 1585348.65, "trend": 106.832639, "fair_value": 80.280694, "relative_strength": -45.791156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.374399, "energy": 78.755961, "activity_lines": [ 88.446666, 90.530909, 93.859072, 99.38667 ] }, { "date": "2026-08-07", "close": 89.800003, "volume": 305826, "typical_volume": 1370745.9, "trend": 105.721817, "fair_value": 80.605198, "relative_strength": -45.22634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.936241, "energy": 66.022344, "activity_lines": [ 88.486667, 90.090909, 93.085238, 98.28779 ] }, { "date": "2026-08-14", "close": 93.900002, "volume": 1023157, "typical_volume": 1152284.45, "trend": 104.73316, "fair_value": 80.960256, "relative_strength": -43.799954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.283271, "energy": 54.908238, "activity_lines": [ 90.260001, 90.509092, 92.877143, 97.525093 ] } ], "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." } } }