{ "ticker": { "uuid": "a78fd2b0-e82c-4742-b6d9-dea2532692f8", "symbol": "5283", "name": "Heran Co., Ltd.", "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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 49.272, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 12.838, "architecture_energy": 19.438, "architecture_maturity": 9.594, "architecture_confidence": 39.876, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 42.34, "rotation_up": 43.38, "upward_expansion": 35.52, "deceleration": 32.81, "rotation_down": 20.97, "downward_expansion": 46.18 }, "activity_lines": [ 55.153333, 54.358182, 53.714762, 54.127117 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 57.5, "trend_reference": 55.239976, "distance_from_trend": 0.040913, "trend_direction": "Weakening", "fair_value": 73.994848, "distance_from_fair_value": -0.222919, "fair_value_direction": "Improving", "relative_strength": -29.377465, "relative_strength_direction": "Improving", "price_momentum": -0.031777, "excess_performance": -0.473149, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.040913, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.041256, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.222919, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.094459, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.293775, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.135457, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.031777, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.4198, "read": "Demand-led" } ], "volume": { "latest": 710991, "relative_activity": 1.417809, "balance": 2.4198, "dry_up": 0.919721, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.045217, "annualized_volatility": 0.159794, "from_high_reference": -0.118991, "from_low_reference": 0.129666 }, "levels": { "trend_reference": 55.239976, "fair_value_reference": 73.994848, "structural_low": 50.900002, "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": 15, "median_return": -0.012987, "positive_rate": 0.266667, "directional_follow_through": 0.266667, "median_excess_return": -0.014049, "regime_survival": 0.666667, "best_return": 0.038786, "worst_return": -0.143689, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.028037, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.048322, "regime_survival": 0.428571, "best_return": 0.091346, "worst_return": -0.200985, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.059501, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.039204, "regime_survival": 0.0, "best_return": 0.060748, "worst_return": -0.234906, 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4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.717935, "energy": 8.48135, "activity_lines": [ 53.713333, 53.476364, 53.292843, 54.079723 ] }, { "date": "2026-08-07", "close": 54.0, "volume": 318862, "typical_volume": 485499.4, "trend": 55.27963, "fair_value": 74.168935, "relative_strength": -32.318384, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.311994, "energy": 10.160964, "activity_lines": [ 53.853333, 53.616364, 53.330952, 53.983867 ] }, { "date": "2026-08-14", "close": 57.5, "volume": 710991, "typical_volume": 501471.75, "trend": 55.239976, "fair_value": 73.994848, "relative_strength": -29.377465, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.837573, "energy": 19.438094, "activity_lines": [ 55.153333, 54.358182, 53.714762, 54.127117 ] } ], "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." } } }