{
  "ticker": {
    "uuid": "b9502237-0486-4a2f-943c-fbcf8ff66561",
    "symbol": "6570",
    "name": "Aplex Technology Inc.",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 55.64,
    "architecture_energy": 35.685,
    "architecture_maturity": 41.477,
    "architecture_confidence": 45.255,
    "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": 35.5,
        "rotation_up": 45.09,
        "upward_expansion": 72.59,
        "deceleration": 71.04,
        "rotation_down": 21.34,
        "downward_expansion": 3.92
      },
      "activity_lines": [
        54.010001,
        52.983637,
        51.847187,
        48.98664
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 55.400002,
    "trend_reference": 45.5498,
    "distance_from_trend": 0.216251,
    "trend_direction": "Improving",
    "fair_value": 46.588591,
    "distance_from_fair_value": 0.189132,
    "fair_value_direction": "Improving",
    "relative_strength": -7.310983,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.411222,
    "excess_performance": -0.03015,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.216251,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.124157,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.189132,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.299377,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.07311,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.215156,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.411222,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.311345,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1753097,
      "relative_activity": 1.336754,
      "balance": 1.311345,
      "dry_up": 1.042281,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.126041,
      "annualized_volatility": 0.556965,
      "from_high_reference": -0.138185,
      "from_low_reference": 0.52771
    },
    "levels": {
      "trend_reference": 45.5498,
      "fair_value_reference": 46.588591,
      "structural_low": 36.263429,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": -0.012521,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.008295,
        "regime_survival": 0.5,
        "best_return": 0.187567,
        "worst_return": -0.135574,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.019004,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.027264,
        "regime_survival": 0.0,
        "best_return": 0.318268,
        "worst_return": -0.138514,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.055621,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.172963,
        "regime_survival": 0.0,
        "best_return": 0.223213,
        "worst_return": -0.143581,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.304377,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.173383,
        "regime_survival": 0.0,
        "best_return": 0.544307,
        "worst_return": 0.064448,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-08",
        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.015534,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-06",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.069498,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-02-21",
        "tenure": "New",
        "return": 0.119565,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-28",
        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.124378,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.022,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-08-22",
        "tenure": "Established",
        "return": 0.033834,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.042129,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.135574,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-28",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": 0.010554,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-01-23",
        "tenure": "New",
        "return": 0.065469,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.054863,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-05-08",
        "tenure": "Developing",
        "return": 0.155673,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": 0.259945,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2026-08-14",
        "tenure": "Developing",
        "return": 0.187567,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 1160006.9,
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      },
      {
        "date": "2026-07-31",
        "close": 50.5,
        "volume": 630618,
        "typical_volume": 1165666.35,
        "trend": 44.303621,
        "fair_value": 46.625884,
        "relative_strength": -11.112734,
        "stage": 1,
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        "energy": 18.487361,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 57.799999,
        "volume": 1890882,
        "typical_volume": 1233903.9,
        "trend": 44.977342,
        "fair_value": 46.605089,
        "relative_strength": -0.345742,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.573051,
        "energy": 31.768444,
        "activity_lines": [
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      },
      {
        "date": "2026-08-14",
        "close": 55.400002,
        "volume": 1753097,
        "typical_volume": 1311458.25,
        "trend": 45.5498,
        "fair_value": 46.588591,
        "relative_strength": -7.310983,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.639883,
        "energy": 35.685467,
        "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."
    }
  }
}