{
  "ticker": {
    "uuid": "d3ec6845-696f-4ba0-965c-4588fd638baa",
    "symbol": "4576",
    "name": "Hiwin Mikrosystem Corporation",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "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": 32.09,
    "architecture_energy": 14.96,
    "architecture_maturity": 53.577,
    "architecture_confidence": 91.315,
    "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": 46.52,
        "rotation_up": 29.53,
        "upward_expansion": 55.63,
        "deceleration": 84.36,
        "rotation_down": 29.21,
        "downward_expansion": 21.63
      },
      "activity_lines": [
        206.366667,
        206.151619,
        213.08849,
        200.635119
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 221.0,
    "trend_reference": 179.483904,
    "distance_from_trend": 0.231308,
    "trend_direction": "Improving",
    "fair_value": 114.209556,
    "distance_from_fair_value": 0.935039,
    "fair_value_direction": "Weakening",
    "relative_strength": 10.132594,
    "relative_strength_direction": "Weakening",
    "price_momentum": 1.082588,
    "excess_performance": 0.641216,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.231308,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.231322,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.935039,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.652443,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.101326,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.32251,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.082588,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.973151,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 12223320,
      "relative_activity": 0.741406,
      "balance": 0.973151,
      "dry_up": 0.5984,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.156886,
      "annualized_volatility": 0.76835,
      "from_high_reference": -0.237816,
      "from_low_reference": 1.263221
    },
    "levels": {
      "trend_reference": 179.483904,
      "fair_value_reference": 114.209556,
      "structural_low": 106.117938,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": -0.041449,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.020877,
        "regime_survival": 0.444444,
        "best_return": 0.25853,
        "worst_return": -0.253623,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.043429,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.087916,
        "regime_survival": 0.166667,
        "best_return": 0.739708,
        "worst_return": -0.207609,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.075985,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.066244,
        "regime_survival": 0.0,
        "best_return": 0.688074,
        "worst_return": -0.169136,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.144478,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.086238,
        "regime_survival": 0.0,
        "best_return": 0.784719,
        "worst_return": -0.250856,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-10",
        "end": "2024-08-16",
        "tenure": "Established",
        "return": 0.233196,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-23",
        "end": "2024-11-29",
        "tenure": "Established",
        "return": 0.308041,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-06",
        "end": "2024-12-27",
        "tenure": "New",
        "return": 0.309623,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "New",
        "return": -0.303623,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.126214,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-08-29",
        "tenure": "Established",
        "return": -0.099468,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-10-24",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
        "regime": "rotation_up",
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        "color": "teal",
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        "end": "2026-02-06",
        "tenure": "New",
        "return": -0.085837,
        "active": false
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      {
        "regime": "balance",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
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        "typical_volume": 16685596.05,
        "trend": 175.737536,
        "fair_value": 113.239914,
        "relative_strength": 12.41457,
        "stage": 2,
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        "direction": 16.770241,
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        "activity_lines": [
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      },
      {
        "date": "2026-08-14",
        "close": 221.0,
        "volume": 12223320,
        "typical_volume": 16486666.35,
        "trend": 179.483904,
        "fair_value": 114.209556,
        "relative_strength": 10.132594,
        "stage": 2,
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        "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."
    }
  }
}