{ "ticker": { "uuid": "cd851703-ff11-446a-97e0-16f8a9a5e35f", "symbol": "6146", "name": "Sporton International 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 4.753, "architecture_energy": 15.681, "architecture_maturity": 26.733, "architecture_confidence": 71.881, "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": 48.36, "rotation_up": 23.26, "upward_expansion": 45.29, "deceleration": 70.25, "rotation_down": 35.98, "downward_expansion": 39.29 }, "activity_lines": [ 191.066667, 192.436364, 196.890544, 195.808242 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 194.0, "trend_reference": 191.04424, "distance_from_trend": 0.015472, "trend_direction": "Improving", "fair_value": 186.899874, "distance_from_fair_value": 0.037989, "fair_value_direction": "Weakening", "relative_strength": -21.537934, "relative_strength_direction": "Weakening", "price_momentum": 0.157886, "excess_performance": -0.283486, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.015472, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.076274, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.037989, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.045739, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.215379, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.027102, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.157886, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.272644, "read": "Demand-led" } ], "volume": { "latest": 1317469, "relative_activity": 0.524101, "balance": 1.272644, "dry_up": 0.57028, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.064137, "annualized_volatility": 0.316135, "from_high_reference": -0.141859, "from_low_reference": 0.338923 }, "levels": { "trend_reference": 191.04424, "fair_value_reference": 186.899874, "structural_low": 167.074774, "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": 12, "median_return": 0.018378, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": -0.007084, "regime_survival": 0.666667, "best_return": 0.205263, "worst_return": -0.154286, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.012291, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.090213, "regime_survival": 0.4, "best_return": 0.047297, "worst_return": -0.059322, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.162414, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.132138, "regime_survival": 0.25, "best_return": 0.231198, "worst_return": -0.070884, "sufficient": false }, { 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195.210826 ] }, { "date": "2026-07-31", "close": 192.5, "volume": 2066576, "typical_volume": 2561930.05, "trend": 188.473835, "fair_value": 187.055123, "relative_strength": -18.63628, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.696054, "energy": 10.152296, "activity_lines": [ 192.533333, 194.349193, 198.272832, 195.56484 ] }, { "date": "2026-08-07", "close": 188.0, "volume": 1322058, "typical_volume": 2528567.2, "trend": 189.75343, "fair_value": 186.948684, "relative_strength": -21.914322, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.129248, "energy": 20.069993, "activity_lines": [ 190.566667, 192.557009, 197.28961, 195.53427 ] }, { "date": "2026-08-14", "close": 194.0, "volume": 1317469, "typical_volume": 2513769.4, "trend": 191.04424, "fair_value": 186.899874, "relative_strength": -21.537934, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.753417, "energy": 15.680902, "activity_lines": [ 191.066667, 192.436364, 196.890544, 195.808242 ] } ], "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." } } }