{
  "ticker": {
    "uuid": "e19959f7-2584-476b-9383-1d49594a2063",
    "symbol": "6142",
    "name": "Cameo Communications, 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 72.383,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": -6.938,
    "architecture_energy": 6.989,
    "architecture_maturity": 23.267,
    "architecture_confidence": 42.06,
    "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": 63.68,
        "rotation_up": 24.18,
        "upward_expansion": 23.4,
        "deceleration": 63.01,
        "rotation_down": 34.38,
        "downward_expansion": 26.4
      },
      "activity_lines": [
        9.452,
        9.632727,
        9.328571,
        9.329054
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 9.3,
    "trend_reference": 9.416333,
    "distance_from_trend": -0.012354,
    "trend_direction": "Improving",
    "fair_value": 10.074758,
    "distance_from_fair_value": -0.076901,
    "fair_value_direction": "Improving",
    "relative_strength": -31.358739,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.05102,
    "excess_performance": -0.492392,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.012354,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.0103,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.076901,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.146247,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.313587,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.123633,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.05102,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.852975,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2312271,
      "relative_activity": 0.492016,
      "balance": 0.852975,
      "dry_up": 0.968871,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.113978,
      "annualized_volatility": 0.452338,
      "from_high_reference": -0.228216,
      "from_low_reference": 0.196911
    },
    "levels": {
      "trend_reference": 9.416333,
      "fair_value_reference": 10.074758,
      "structural_low": 7.77,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 21,
        "median_return": 0.009524,
        "positive_rate": 0.52381,
        "directional_follow_through": 0.52381,
        "median_excess_return": -0.03287,
        "regime_survival": 0.52381,
        "best_return": 0.192661,
        "worst_return": -0.23125,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.098196,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.077368,
        "regime_survival": 0.111111,
        "best_return": 0.144444,
        "worst_return": -0.201323,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.026201,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.19858,
        "regime_survival": 0.285714,
        "best_return": 0.472222,
        "worst_return": -0.237736,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.023154,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.168007,
        "regime_survival": 0.5,
        "best_return": 0.13864,
        "worst_return": -0.369811,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-27",
        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.070539,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-10",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-07",
        "end": "2025-02-14",
        "tenure": "New",
        "return": 0.039823,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.13617,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": 0.208134,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.007014,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-10-03",
        "tenure": "Developing",
        "return": -0.112108,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.092742,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "return": -0.025779,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-01-23",
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        "active": false
      },
      {
        "regime": "balance",
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        "return": -0.075742,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "active": false
      },
      {
        "regime": "rotation_up",
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      },
      {
        "regime": "balance",
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        "return": -0.023109,
        "active": true
      }
    ],
    "chart_path": [
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        "gate": "mixed",
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      },
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        "date": "2026-07-10",
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      },
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        "fair_value": 10.133551,
        "relative_strength": -28.895888,
        "stage": 1,
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        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.264732,
        "energy": 34.371362,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 4583006.4,
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        "fair_value": 10.117341,
        "relative_strength": -27.176612,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.550571,
        "energy": 32.550616,
        "activity_lines": [
          9.934,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.45,
        "volume": 7295635,
        "typical_volume": 4851748.55,
        "trend": 9.393,
        "fair_value": 10.102794,
        "relative_strength": -27.586487,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 14.228772,
        "energy": 19.551985,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.52,
        "volume": 2814611,
        "typical_volume": 4736054.2,
        "trend": 9.408,
        "fair_value": 10.089009,
        "relative_strength": -28.07202,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.159865,
        "energy": 3.778325,
        "activity_lines": [
          9.641333,
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        ]
      },
      {
        "date": "2026-08-14",
        "close": 9.3,
        "volume": 2312271,
        "typical_volume": 4699584.85,
        "trend": 9.416333,
        "fair_value": 10.074758,
        "relative_strength": -31.358739,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.937903,
        "energy": 6.988673,
        "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."
    }
  }
}