{ "ticker": { "uuid": "98944a01-b005-4fb0-abc0-3489bb0127c4", "symbol": "6101", "name": "Kwan's International 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 94.281, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.229, "architecture_energy": 43.731, "architecture_maturity": 9.503, "architecture_confidence": 78.683, "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": 31.22, "rotation_up": 14.63, "upward_expansion": 21.61, "deceleration": 53.04, "rotation_down": 68.36, "downward_expansion": 51.27 }, "activity_lines": [ 35.956666, 38.168181, 39.145714, 39.127742 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 35.349998, "trend_reference": 39.008333, "distance_from_trend": -0.093783, "trend_direction": "Improving", "fair_value": 40.160769, "distance_from_fair_value": -0.119788, "fair_value_direction": "Weakening", "relative_strength": -33.976997, "relative_strength_direction": "Weakening", "price_momentum": -0.09359, "excess_performance": -0.534962, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.093783, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.02174, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.119788, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.070718, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.33977, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008501, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.09359, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.360167, "read": "Demand-led" } ], "volume": { "latest": 1246002, "relative_activity": 0.637196, "balance": 1.360167, "dry_up": 0.971201, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.120444, "annualized_volatility": 0.362844, "from_high_reference": -0.301383, "from_low_reference": 0.039706 }, "levels": { "trend_reference": 39.008333, "fair_value_reference": 40.160769, "structural_low": 34.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.00116, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.048712, "regime_survival": 0.0, "best_return": 0.020776, "worst_return": -0.023095, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.118007, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.07434, "regime_survival": 0.0, "best_return": 0.205543, "worst_return": 0.030471, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.08383, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.106275, "regime_survival": 0.0, "best_return": 0.152425, "worst_return": 0.015236, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, 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"volume": 4065531, "typical_volume": 1824769.2, "trend": 39.131667, "fair_value": 40.235889, "relative_strength": -27.523793, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.136867, "energy": 14.077314, "activity_lines": [ 40.296666, 41.014545, 40.395476, 39.862688 ] }, { "date": "2026-07-31", "close": 34.849998, "volume": 1450497, "typical_volume": 1877035.05, "trend": 39.065, "fair_value": 40.212755, "relative_strength": -32.832216, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.870559, "energy": 24.732223, "activity_lines": [ 37.949999, 39.931817, 39.924761, 39.586451 ] }, { "date": "2026-08-07", "close": 35.650002, "volume": 834493, "typical_volume": 1910859.7, "trend": 39.045, "fair_value": 40.192194, "relative_strength": -32.093771, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.632956, "energy": 31.272808, "activity_lines": [ 36.73, 39.052727, 39.545476, 39.366129 ] }, { "date": "2026-08-14", "close": 35.349998, "volume": 1246002, "typical_volume": 1955446.2, "trend": 39.008333, "fair_value": 40.160769, "relative_strength": -33.976997, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.228533, "energy": 43.730503, "activity_lines": [ 35.956666, 38.168181, 39.145714, 39.127742 ] } ], "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." } } }