{
  "ticker": {
    "uuid": "bf95be96-c95e-4e9a-8a63-6be01d5b4afb",
    "symbol": "6655",
    "name": "Keding Enterprises 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 61.578,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.408,
    "architecture_energy": 37.057,
    "architecture_maturity": 6.675,
    "architecture_confidence": 96,
    "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": 36.03,
        "rotation_up": 19.58,
        "upward_expansion": 4.56,
        "deceleration": 47.95,
        "rotation_down": 52.1,
        "downward_expansion": 77.89
      },
      "activity_lines": [
        117.766667,
        118.22714,
        120.755806,
        122.107919
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": -0.666667
    },
    "latest_close": 116.5,
    "trend_reference": 122.580323,
    "distance_from_trend": -0.049603,
    "trend_direction": "Improving",
    "fair_value": 112.879145,
    "distance_from_fair_value": 0.032077,
    "fair_value_direction": "Weakening",
    "relative_strength": -28.825273,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.001909,
    "excess_performance": -0.439463,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.049603,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.027728,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.032077,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.132749,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.288253,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.04035,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.001909,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.479456,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 22000,
      "relative_activity": 0.548966,
      "balance": 0.479456,
      "dry_up": 0.811022,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.052439,
      "annualized_volatility": 0.198511,
      "from_high_reference": -0.140206,
      "from_low_reference": 0.22332
    },
    "levels": {
      "trend_reference": 122.580323,
      "fair_value_reference": 112.879145,
      "structural_low": 112.434147,
      "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": 17,
        "median_return": -0.002772,
        "positive_rate": 0.352941,
        "directional_follow_through": 0.529412,
        "median_excess_return": -0.03565,
        "regime_survival": 0.823529,
        "best_return": 0.15534,
        "worst_return": -0.092511,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.008324,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.072037,
        "regime_survival": 0.5,
        "best_return": 0.157895,
        "worst_return": -0.123754,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.019413,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.175093,
        "regime_survival": 0.5,
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        "worst_return": -0.131388,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "best_return": 0.12213,
        "worst_return": -0.042044,
        "sufficient": false
      }
    ],
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        "color": "green",
        "start": "2024-05-31",
        "end": "2024-10-04",
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        "return": 0.148427,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-11",
        "end": "2025-02-07",
        "tenure": "Established",
        "return": -0.041667,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-02-21",
        "tenure": "New",
        "return": 0.022727,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.033333,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-05-02",
        "tenure": "Developing",
        "return": -0.045627,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-12-26",
        "tenure": "Extended",
        "return": -0.023332,
        "active": false
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      {
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        "return": 0.084388,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": -0.026515,
        "active": false
      },
      {
        "regime": "deceleration",
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        "end": "2026-04-17",
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        "return": 0.05,
        "active": false
      },
      {
        "regime": "upward_expansion",
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      {
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        "end": "2026-06-26",
        "tenure": "New",
        "return": -0.039683,
        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "end": "2026-07-17",
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        "return": 0.0,
        "active": false
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      {
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        "active": true
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      },
      {
        "date": "2026-05-01",
        "close": 131.653656,
        "volume": 45401,
        "typical_volume": 58176.3,
        "trend": 116.068776,
        "fair_value": 111.023389,
        "relative_strength": -21.007397,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.71435,
        "energy": 78.948321,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
        "close": 133.095123,
        "volume": 31000,
        "typical_volume": 55926.3,
        "trend": 116.859485,
        "fair_value": 111.207031,
        "relative_strength": -24.464857,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "energy": 81.78772,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-15",
        "close": 129.731705,
        "volume": 33230,
        "typical_volume": 55182.8,
        "trend": 117.569782,
        "fair_value": 111.374303,
        "relative_strength": -24.790249,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 64.580727,
        "energy": 58.798765,
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      },
      {
        "date": "2026-05-22",
        "close": 127.329262,
        "volume": 51085,
        "typical_volume": 56077.05,
        "trend": 118.199998,
        "fair_value": 111.515793,
        "relative_strength": -27.299996,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.023167,
        "energy": 47.382138,
        "activity_lines": [
          130.212192,
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      },
      {
        "date": "2026-05-29",
        "close": 126.368286,
        "volume": 54000,
        "typical_volume": 56377.05,
        "trend": 118.776583,
        "fair_value": 111.651124,
        "relative_strength": -30.98476,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.881227,
        "energy": 31.140513,
        "activity_lines": [
          128.5465,
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        ]
      },
      {
        "date": "2026-06-05",
        "close": 121.082924,
        "volume": 57154,
        "typical_volume": 53284.75,
        "trend": 119.273087,
        "fair_value": 111.75517,
        "relative_strength": -33.507845,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.092741,
        "energy": 19.422533,
        "activity_lines": [
          125.695606,
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          126.86937,
          124.116714
        ]
      },
      {
        "date": "2026-06-12",
        "close": 115.797562,
        "volume": 74049,
        "typical_volume": 52237.1,
        "trend": 119.785607,
        "fair_value": 111.840905,
        "relative_strength": -34.262084,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -18.404624,
        "energy": 31.038703,
        "activity_lines": [
          121.78764,
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      },
      {
        "date": "2026-06-19",
        "close": 118.680489,
        "volume": 22218,
        "typical_volume": 51148.0,
        "trend": 120.45829,
        "fair_value": 111.952906,
        "relative_strength": -35.148589,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.581763,
        "energy": 38.370928,
        "activity_lines": [
          119.99382,
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      },
      {
        "date": "2026-06-26",
        "close": 116.278046,
        "volume": 22000,
        "typical_volume": 49737.5,
        "trend": 121.034876,
        "fair_value": 112.054696,
        "relative_strength": -32.933683,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -34.221192,
        "energy": 49.645232,
        "activity_lines": [
          118.135934,
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      },
      {
        "date": "2026-07-03",
        "close": 121.0,
        "volume": 34212,
        "typical_volume": 48543.85,
        "trend": 121.512599,
        "fair_value": 112.171186,
        "relative_strength": -32.627355,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.343084,
        "energy": 46.262864,
        "activity_lines": [
          118.58878,
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          124.23023,
          123.549245
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      },
      {
        "date": "2026-07-10",
        "close": 118.0,
        "volume": 0,
        "typical_volume": 44043.8,
        "trend": 121.810242,
        "fair_value": 112.284015,
        "relative_strength": -31.30567,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.901779,
        "energy": 35.437939,
        "activity_lines": [
          118.399512,
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          123.545759,
          123.322626
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      },
      {
        "date": "2026-07-17",
        "close": 121.0,
        "volume": 75001,
        "typical_volume": 44828.85,
        "trend": 122.031705,
        "fair_value": 112.413479,
        "relative_strength": -24.27501,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.68777,
        "energy": 26.097363,
        "activity_lines": [
          119.415772,
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          123.173123,
          123.270352
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      },
      {
        "date": "2026-07-24",
        "close": 117.5,
        "volume": 38008,
        "typical_volume": 42478.8,
        "trend": 122.136502,
        "fair_value": 112.525698,
        "relative_strength": -27.274138,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -33.246651,
        "energy": 24.510968,
        "activity_lines": [
          118.918536,
          119.137738,
          122.495004,
          122.977984
        ]
      },
      {
        "date": "2026-07-31",
        "close": 120.0,
        "volume": 37000,
        "typical_volume": 39827.9,
        "trend": 122.372681,
        "fair_value": 112.656538,
        "relative_strength": -23.942272,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.264316,
        "energy": 16.478395,
        "activity_lines": [
          119.333333,
          119.082527,
          122.097211,
          122.840145
        ]
      },
      {
        "date": "2026-08-07",
        "close": 117.0,
        "volume": 33000,
        "typical_volume": 40075.4,
        "trend": 122.476827,
        "fair_value": 112.768146,
        "relative_strength": -26.835219,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -30.404748,
        "energy": 22.019372,
        "activity_lines": [
          118.5,
          118.615122,
          121.432589,
          122.493521
        ]
      },
      {
        "date": "2026-08-14",
        "close": 116.5,
        "volume": 22000,
        "typical_volume": 40075.35,
        "trend": 122.580323,
        "fair_value": 112.879145,
        "relative_strength": -28.825273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.407679,
        "energy": 37.056601,
        "activity_lines": [
          117.766667,
          118.22714,
          120.755806,
          122.107919
        ]
      }
    ],
    "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."
    }
  }
}