{ "ticker": { "uuid": "a6229911-3de1-405c-8a3d-4ec3d598cb52", "symbol": "6242", "name": "Li Kang Biomedical 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 67.268, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -69.094, "architecture_energy": 69.914, "architecture_maturity": 7.539, "architecture_confidence": 78.638, "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": 16.63, "rotation_up": 11.77, "upward_expansion": 17.26, "deceleration": 34.3, "rotation_down": 74.92, "downward_expansion": 90.6 }, "activity_lines": [ 34.743333, 35.247273, 35.610481, 35.724635 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 34.349998, "trend_reference": 35.939732, "distance_from_trend": -0.044233, "trend_direction": "Weakening", "fair_value": 40.886606, "distance_from_fair_value": -0.159872, "fair_value_direction": "Improving", "relative_strength": -34.34424, "relative_strength_direction": "Improving", "price_momentum": -0.064506, "excess_performance": -0.505878, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.044233, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.012246, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.159872, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.002687, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.343442, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032617, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.064506, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.537088, "read": "Demand-led" } ], "volume": { "latest": 52400, "relative_activity": 1.086129, "balance": 1.537088, "dry_up": 0.633002, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.029509, "annualized_volatility": 0.098288, "from_high_reference": -0.157946, "from_low_reference": 0.019288 }, "levels": { "trend_reference": 35.939732, "fair_value_reference": 40.886606, "structural_low": 33.700001, "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": 28, "median_return": -0.001791, "positive_rate": 0.428571, "directional_follow_through": 0.535714, "median_excess_return": -0.045984, "regime_survival": 0.785714, "best_return": 0.135417, "worst_return": -0.044586, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.009286, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.061969, "regime_survival": 0.6, "best_return": 0.158696, "worst_return": -0.115364, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.031025, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.132519, "regime_survival": 0.5, "best_return": 0.728261, "worst_return": -0.131806, "sufficient": 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"2026-07-31", "close": 34.400002, "volume": 40100, "typical_volume": 50167.95, "trend": 36.106674, "fair_value": 41.104103, "relative_strength": -32.244372, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.492893, "energy": 51.529612, "activity_lines": [ 35.443334, 35.755936, 35.876604, 35.929701 ] }, { "date": "2026-08-07", "close": 34.599998, "volume": 13335, "typical_volume": 47526.75, "trend": 36.021843, "fair_value": 40.991624, "relative_strength": -32.568489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.151168, "energy": 61.877981, "activity_lines": [ 35.09, 35.50981, 35.753223, 35.832496 ] }, { "date": "2026-08-14", "close": 34.349998, "volume": 52400, "typical_volume": 48244.75, "trend": 35.939732, "fair_value": 40.886606, "relative_strength": -34.34424, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.093761, "energy": 69.914163, "activity_lines": [ 34.743333, 35.247273, 35.610481, 35.724635 ] } ], "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." } } }