{ "ticker": { "uuid": "d2253346-8570-4189-9107-d8bc6af095ad", "symbol": "2546", "name": "Kedge Construction 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": 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 94.361, "architecture_energy": 88.732, "architecture_maturity": 36.0, "architecture_confidence": 60.469, "architecture_tenure": "Developing", "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": 3.51, "rotation_up": 84.48, "upward_expansion": 94.34, "deceleration": 43.12, "rotation_down": 9.02, "downward_expansion": 18.67 }, "activity_lines": [ 88.942174, 85.104988, 80.835436, 78.334186 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 99.800003, "trend_reference": 75.884968, "distance_from_trend": 0.315149, "trend_direction": "Improving", "fair_value": 64.994712, "distance_from_fair_value": 0.53551, "fair_value_direction": "Improving", "relative_strength": -4.507857, "relative_strength_direction": "Improving", "price_momentum": 0.387177, "excess_performance": -0.054195, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.315149, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039156, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.53551, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.39196, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.045079, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.27289, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.387177, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.712516, "read": "Demand-led" } ], "volume": { "latest": 2677959, "relative_activity": 2.684673, "balance": 1.712516, "dry_up": 1.761778, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.054647, "annualized_volatility": 0.335293, "from_high_reference": -0.040385, "from_low_reference": 0.507493 }, "levels": { "trend_reference": 75.884968, "fair_value_reference": 64.994712, "structural_low": 66.624836, "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": 36, "median_return": 0.018358, "positive_rate": 0.638889, "directional_follow_through": 0.638889, "median_excess_return": 0.014724, "regime_survival": 0.694444, "best_return": 0.204465, "worst_return": -0.087948, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.056225, "positive_rate": 0.846154, "directional_follow_through": 0.846154, "median_excess_return": -0.017209, "regime_survival": 0.538462, "best_return": 0.336634, "worst_return": -0.057971, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.134, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.014636, "regime_survival": 0.571429, "best_return": 0.409163, "worst_return": -0.070848, 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892011.4, "trend": 75.071862, "fair_value": 64.685824, "relative_strength": -17.54709, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.058352, "energy": 57.514214, "activity_lines": [ 82.97283, 81.603332, 78.568168, 76.738822 ] }, { "date": "2026-08-14", "close": 99.800003, "volume": 2677959, "typical_volume": 997499.25, "trend": 75.884968, "fair_value": 64.994712, "relative_strength": -4.507857, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.361173, "energy": 88.732417, "activity_lines": [ 88.942174, 85.104988, 80.835436, 78.334186 ] } ], "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." } } }