{ "ticker": { "uuid": "dabdf488-9899-4b96-be24-9c24af82903c", "symbol": "8996", "name": "Kaori Heat Treatment 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 20.577, "architecture_energy": 17.253, "architecture_maturity": 35.196, "architecture_confidence": 95.488, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 54.04, "rotation_up": 24.19, "upward_expansion": 42.36, "deceleration": 81.3, "rotation_down": 37.42, "downward_expansion": 34.02 }, "activity_lines": [ 1078.0, 1132.272727, 1155.1, 1113.501197 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 1280.0, "trend_reference": 1033.384654, "distance_from_trend": 0.238648, "trend_direction": "Improving", "fair_value": 467.300011, "distance_from_fair_value": 1.73914, "fair_value_direction": "Improving", "relative_strength": 24.228667, "relative_strength_direction": "Weakening", "price_momentum": 0.602662, "excess_performance": 0.16129, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.238648, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.266721, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.73914, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.103036, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.242287, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.100592, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.602662, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.665341, "read": "Demand-led" } ], "volume": { "latest": 15932036, "relative_activity": 1.192171, "balance": 1.665341, "dry_up": 1.177409, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.215565, "annualized_volatility": 0.974064, "from_high_reference": -0.238095, "from_low_reference": 3.164846 }, "levels": { "trend_reference": 1033.384654, "fair_value_reference": 467.300011, 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"relative_strength": 5.377273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.931266, "energy": 15.05534, "activity_lines": [ 1127.0, 1202.909091, 1171.692056, 1101.460781 ] }, { "date": "2026-07-31", "close": 855.0, "volume": 13868063, "typical_volume": 13695758.6, "trend": 995.801638, "fair_value": 456.702581, "relative_strength": -9.857314, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.662384, "energy": 20.409082, "activity_lines": [ 1012.0, 1138.0, 1146.733757, 1093.021983 ] }, { "date": "2026-08-07", "close": 1045.0, "volume": 19390526, "typical_volume": 13621101.2, "trend": 1011.770549, "fair_value": 461.148808, "relative_strength": 6.434498, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.074688, "energy": 24.541246, "activity_lines": [ 994.666667, 1113.363636, 1140.057143, 1096.196071 ] }, { "date": "2026-08-14", "close": 1280.0, "volume": 15932036, "typical_volume": 13363888.55, "trend": 1033.384654, "fair_value": 467.300011, "relative_strength": 24.228667, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.576636, "energy": 17.253169, "activity_lines": [ 1078.0, 1132.272727, 1155.1, 1113.501197 ] } ], "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." } } }