{
  "ticker": {
    "uuid": "d173157a-b220-4f79-a4d8-d3e11c3a4ecf",
    "symbol": "3057",
    "name": "Promise Technology, Inc.",
    "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": 77.402,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -34.277,
    "architecture_energy": 57.9,
    "architecture_maturity": 13.3,
    "architecture_confidence": 63.761,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 36.08,
        "rotation_up": 17.18,
        "upward_expansion": 20.8,
        "deceleration": 43.5,
        "rotation_down": 66.29,
        "downward_expansion": 60.14
      },
      "activity_lines": [
        15.583333,
        16.558182,
        17.870238,
        17.928602
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 16.25,
    "trend_reference": 17.881667,
    "distance_from_trend": -0.091248,
    "trend_direction": "Improving",
    "fair_value": 17.964909,
    "distance_from_fair_value": -0.095459,
    "fair_value_direction": "Weakening",
    "relative_strength": -30.40653,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.015625,
    "excess_performance": -0.425747,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.091248,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.005341,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.095459,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.114334,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.304065,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.051956,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.015625,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.24863,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 749345,
      "relative_activity": 0.453084,
      "balance": 2.24863,
      "dry_up": 0.428432,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.136568,
      "annualized_volatility": 0.684689,
      "from_high_reference": -0.355159,
      "from_low_reference": 0.382979
    },
    "levels": {
      "trend_reference": 17.881667,
      "fair_value_reference": 17.964909,
      "structural_low": 13.2,
      "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": 8,
        "median_return": 0.022275,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.020732,
        "regime_survival": 0.375,
        "best_return": 0.182203,
        "worst_return": -0.058823,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.082251,
        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.074392,
        "regime_survival": 0.0,
        "best_return": 0.173729,
        "worst_return": -0.03629,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.093704,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.029236,
        "regime_survival": 0.0,
        "best_return": 0.131356,
        "worst_return": -0.050388,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.042194,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.299674,
        "regime_survival": 0.333333,
        "best_return": 0.064935,
        "worst_return": -0.335857,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-06",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": -0.008065,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-18",
        "end": "2025-02-28",
        "tenure": "Established",
        "return": -0.063745,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-07",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.110169,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-21",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": -0.163547,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-06-27",
        "tenure": "Developing",
        "return": -0.138211,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.049261,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-12",
        "end": "2025-12-05",
        "tenure": "Established",
        "return": 0.052016,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.221154,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2026-01-02",
        "tenure": "New",
        "return": -0.02093,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-09",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": -0.247059,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-13",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.259375,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-07-03",
        "tenure": "Developing",
        "return": -0.106482,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-07-24",
        "tenure": "New",
        "return": -0.15,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "tenure": "New",
        "return": 0.136364,
        "active": true
      }
    ],
    "chart_path": [
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      },
      {
        "date": "2026-05-01",
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      },
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        "date": "2026-05-22",
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      },
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      },
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        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
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      },
      {
        "date": "2026-07-10",
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        "stage": 1,
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        "modifier": "Upper balance after advance",
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      },
      {
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        "fair_value": 18.116848,
        "relative_strength": -31.308355,
        "stage": 1,
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        "modifier": "Upper balance after advance",
        "gate": "mixed",
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      },
      {
        "date": "2026-07-24",
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        "volume": 341257,
        "typical_volume": 1796836.15,
        "trend": 18.476667,
        "fair_value": 18.08447,
        "relative_strength": -30.128963,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.267966,
        "energy": 35.680512,
        "activity_lines": [
          17.22,
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          18.497097
        ]
      },
      {
        "date": "2026-07-31",
        "close": 14.3,
        "volume": 1006430,
        "typical_volume": 1807074.75,
        "trend": 18.236667,
        "fair_value": 18.036786,
        "relative_strength": -36.553395,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.355832,
        "energy": 60.778103,
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          16.033333,
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          18.366429,
          18.227634
        ]
      },
      {
        "date": "2026-08-07",
        "close": 15.4,
        "volume": 737263,
        "typical_volume": 1674586.65,
        "trend": 18.048333,
        "fair_value": 17.996154,
        "relative_strength": -32.562317,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.985824,
        "energy": 60.434909,
        "activity_lines": [
          15.536667,
          16.867273,
          18.069286,
          18.044624
        ]
      },
      {
        "date": "2026-08-14",
        "close": 16.25,
        "volume": 749345,
        "typical_volume": 1653876.95,
        "trend": 17.881667,
        "fair_value": 17.964909,
        "relative_strength": -30.40653,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.27728,
        "energy": 57.900279,
        "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."
    }
  }
}