{
  "ticker": {
    "uuid": "b6076430-e808-4d4c-9242-23b4fc37bd89",
    "symbol": "1268",
    "name": "Hi-Lai Foods 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": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 90.906,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 73.46,
    "architecture_energy": 73.32,
    "architecture_maturity": 34.348,
    "architecture_confidence": 66.431,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 13.75,
        "rotation_up": 74.94,
        "upward_expansion": 91.38,
        "deceleration": 42.87,
        "rotation_down": 10.94,
        "downward_expansion": 15.71
      },
      "activity_lines": [
        178.166667,
        174.3,
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        167.427957
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 181.5,
    "trend_reference": 164.35,
    "distance_from_trend": 0.10435,
    "trend_direction": "Improving",
    "fair_value": 149.106371,
    "distance_from_fair_value": 0.217252,
    "fair_value_direction": "Improving",
    "relative_strength": -19.947834,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.127329,
    "excess_performance": -0.314043,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.10435,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.027295,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.217252,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.142799,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.199478,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.115174,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.127329,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.046962,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 186819,
      "relative_activity": 0.840094,
      "balance": 3.046962,
      "dry_up": 1.059971,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.043865,
      "annualized_volatility": 0.169336,
      "from_high_reference": -0.021563,
      "from_low_reference": 0.25959
    },
    "levels": {
      "trend_reference": 164.35,
      "fair_value_reference": 149.106371,
      "structural_low": 153.5,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": 0.003175,
        "positive_rate": 0.521739,
        "directional_follow_through": 0.521739,
        "median_excess_return": -0.026722,
        "regime_survival": 0.695652,
        "best_return": 0.209091,
        "worst_return": -0.090909,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.108949,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
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        "regime_survival": 0.428571,
        "best_return": 0.168182,
        "worst_return": -0.078717,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.058462,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.204035,
        "regime_survival": 0.4,
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        "worst_return": -0.066651,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.333333,
        "best_return": 0.317435,
        "worst_return": -0.075802,
        "sufficient": false
      }
    ],
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        "end": "2025-02-14",
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        "regime": "rotation_up",
        "label": "Rotation Up",
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        "regime": "deceleration",
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-07-10",
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      },
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        "fair_value": 148.302343,
        "relative_strength": -22.313552,
        "stage": 3,
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        "energy": 31.534056,
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      },
      {
        "date": "2026-07-24",
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        "volume": 235477,
        "typical_volume": 204286.45,
        "trend": 162.4,
        "fair_value": 148.479637,
        "relative_strength": -22.28236,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "energy": 39.400757,
        "activity_lines": [
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          164.289247
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      },
      {
        "date": "2026-07-31",
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        "volume": 198085,
        "typical_volume": 205625.35,
        "trend": 162.833333,
        "fair_value": 148.703106,
        "relative_strength": -20.435236,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.714948,
        "energy": 38.207995,
        "activity_lines": [
          170.7,
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          164.94086
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      },
      {
        "date": "2026-08-07",
        "close": 183.5,
        "volume": 322479,
        "typical_volume": 216889.3,
        "trend": 163.616667,
        "fair_value": 148.925472,
        "relative_strength": -16.835936,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.646082,
        "energy": 68.283288,
        "activity_lines": [
          175.2,
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          168.85,
          166.274194
        ]
      },
      {
        "date": "2026-08-14",
        "close": 181.5,
        "volume": 186819,
        "typical_volume": 222378.65,
        "trend": 164.35,
        "fair_value": 149.106371,
        "relative_strength": -19.947834,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.459547,
        "energy": 73.320182,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}