{
  "ticker": {
    "uuid": "b5a7a72b-a554-4b34-a161-df5358e6e333",
    "symbol": "6832",
    "name": "King's Metal Fiber Technologies 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": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 76.475,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Momentum cooling",
    "architecture_gate": "mixed",
    "architecture_direction": -15.082,
    "architecture_energy": 34.723,
    "architecture_maturity": 31.404,
    "architecture_confidence": 64.026,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 48.03,
        "rotation_up": 17.09,
        "upward_expansion": 22.26,
        "deceleration": 51.41,
        "rotation_down": 49.89,
        "downward_expansion": 44.92
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 71.0,
    "trend_reference": 72.056667,
    "distance_from_trend": -0.014664,
    "trend_direction": "Improving",
    "fair_value": 52.943913,
    "distance_from_fair_value": 0.341042,
    "fair_value_direction": "Weakening",
    "relative_strength": -13.576758,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.290909,
    "excess_performance": -0.150463,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.014664,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.138696,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.341042,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.751575,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.135768,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.566646,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.290909,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.189477,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 64230,
      "relative_activity": 0.169153,
      "balance": 0.189477,
      "dry_up": 0.188613,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.180498,
      "annualized_volatility": 0.659371,
      "from_high_reference": -0.513699,
      "from_low_reference": 0.87859
    },
    "levels": {
      "trend_reference": 72.056667,
      "fair_value_reference": 52.943913,
      "structural_low": 48.0,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.001484,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.009286,
        "regime_survival": 0.714286,
        "best_return": 0.170833,
        "worst_return": -0.071895,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
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        "directional_follow_through": 0.666667,
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        "worst_return": -0.022781,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
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        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
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        "worst_return": 0.04151,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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      {
        "regime": "balance",
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      {
        "regime": "upward_expansion",
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      {
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        "active": false
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      {
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        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "end": "2025-08-22",
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 299142.75,
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        "relative_strength": 31.341595,
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        "activity_lines": [
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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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        "date": "2026-06-19",
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        "stage": 2,
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        "modifier": "Recompressing",
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      },
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        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 52.123287,
        "relative_strength": -8.806394,
        "stage": 3,
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        "modifier": "Recompressing",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 426850.65,
        "trend": 68.448334,
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        "relative_strength": -6.40535,
        "stage": 3,
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      },
      {
        "date": "2026-07-17",
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        "volume": 135500,
        "typical_volume": 428929.95,
        "trend": 69.398334,
        "fair_value": 52.44842,
        "relative_strength": -0.518238,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
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        "activity_lines": [
          76.433333,
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      },
      {
        "date": "2026-07-24",
        "close": 68.699997,
        "volume": 97071,
        "typical_volume": 403756.25,
        "trend": 70.165,
        "fair_value": 52.567529,
        "relative_strength": -12.532975,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.279737,
        "energy": 11.010442,
        "activity_lines": [
          73.766666,
          77.298181,
          80.58,
          76.497419
        ]
      },
      {
        "date": "2026-07-31",
        "close": 66.800003,
        "volume": 62412,
        "typical_volume": 396321.5,
        "trend": 70.818333,
        "fair_value": 52.677365,
        "relative_strength": -13.77102,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -2.626245,
        "energy": 20.025067,
        "activity_lines": [
          71.22,
          74.636364,
          79.530476,
          76.280323
        ]
      },
      {
        "date": "2026-08-07",
        "close": 71.5,
        "volume": 62765,
        "typical_volume": 380759.05,
        "trend": 71.563333,
        "fair_value": 52.815876,
        "relative_strength": -9.93527,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -13.84871,
        "energy": 31.203772,
        "activity_lines": [
          70.686667,
          73.432727,
          78.900952,
          76.324301
        ]
      },
      {
        "date": "2026-08-14",
        "close": 71.0,
        "volume": 64230,
        "typical_volume": 379715.8,
        "trend": 72.056667,
        "fair_value": 52.943913,
        "relative_strength": -13.576758,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.08176,
        "energy": 34.723078,
        "activity_lines": [
          70.353334,
          72.423636,
          78.173809,
          76.287957
        ]
      }
    ],
    "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."
    }
  }
}