{
  "ticker": {
    "uuid": "e7faf417-22b2-4479-b03c-8fa7b84e43dc",
    "symbol": "6129",
    "name": "Princeton Technology Corporation",
    "exchange": "TWO",
    "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": "1a",
    "phase_label": "Stage 1A \u00b7 Bottoming",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 89.905,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -24.864,
    "architecture_energy": 43.209,
    "architecture_maturity": 10.939,
    "architecture_confidence": 83.705,
    "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": 34.66,
        "rotation_up": 17.1,
        "upward_expansion": 23.41,
        "deceleration": 51.02,
        "rotation_down": 69.07,
        "downward_expansion": 50.75
      },
      "activity_lines": [
        14.396667,
        15.55,
        15.983333,
        15.982366
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 14.15,
    "trend_reference": 15.93,
    "distance_from_trend": -0.111739,
    "trend_direction": "Improving",
    "fair_value": 19.651396,
    "distance_from_fair_value": -0.279949,
    "fair_value_direction": "Weakening",
    "relative_strength": -35.208581,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.053512,
    "excess_performance": -0.494884,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.111739,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.042198,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.279949,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.006767,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.352086,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.077941,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.053512,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.113628,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1592642,
      "relative_activity": 0.27302,
      "balance": 1.113628,
      "dry_up": 0.424183,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.145692,
      "annualized_volatility": 0.505992,
      "from_high_reference": -0.327791,
      "from_low_reference": 0.088462
    },
    "levels": {
      "trend_reference": 15.93,
      "fair_value_reference": 19.651396,
      "structural_low": 13.0,
      "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": 4,
        "median_return": 0.060971,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.005594,
        "regime_survival": 0.25,
        "best_return": 0.17193,
        "worst_return": -0.149039,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.129032,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.002532,
        "regime_survival": 0.0,
        "best_return": 0.263158,
        "worst_return": 0.012821,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.091346,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.105743,
        "regime_survival": 0.333333,
        "best_return": 0.231193,
        "worst_return": -0.04386,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.082266,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.036685,
        "regime_survival": 0.0,
        "best_return": 0.108974,
        "worst_return": 0.055559,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-04-28",
        "end": "2023-07-14",
        "tenure": "Developing",
        "return": -0.104993,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-07-21",
        "end": "2023-11-17",
        "tenure": "Established",
        "return": -0.01461,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-11-24",
        "end": "2024-03-08",
        "tenure": "Established",
        "return": -0.11405,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-15",
        "end": "2024-07-05",
        "tenure": "Established",
        "return": -0.013183,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-12",
        "end": "2024-07-26",
        "tenure": "New",
        "return": -0.085946,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-02",
        "end": "2025-08-01",
        "tenure": "Extended",
        "return": -0.501109,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-08",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.230216,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-26",
        "end": "2025-10-10",
        "tenure": "New",
        "return": 0.033333,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2026-01-23",
        "tenure": "Established",
        "return": 0.177474,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-02-13",
        "tenure": "New",
        "return": -0.035144,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-27",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.063091,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.071207,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.039427,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-08-14",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 29.372898,
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        "typical_volume": 9183850.0,
        "trend": 32.456177,
        "fair_value": 28.304488,
        "relative_strength": -15.846169,
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        "modifier": "Early contraction",
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        "activity_lines": [
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      },
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      },
      {
        "date": "2023-08-25",
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      },
      {
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      },
      {
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      },
      {
        "date": "2023-09-15",
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      },
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      },
      {
        "date": "2026-07-10",
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 6148354.1,
        "trend": 15.948333,
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        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 18.399528,
        "energy": 11.970134,
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      },
      {
        "date": "2026-07-31",
        "close": 13.95,
        "volume": 3312296,
        "typical_volume": 6228557.0,
        "trend": 15.94,
        "fair_value": 19.853526,
        "relative_strength": -33.273485,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.865555,
        "energy": 21.754976,
        "activity_lines": [
          15.53,
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          16.344048,
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      },
      {
        "date": "2026-08-07",
        "close": 14.5,
        "volume": 2047518,
        "typical_volume": 5867256.6,
        "trend": 15.956667,
        "fair_value": 19.750884,
        "relative_strength": -31.966714,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.362532,
        "energy": 30.514849,
        "activity_lines": [
          14.866667,
          15.944545,
          16.175476,
          16.098925
        ]
      },
      {
        "date": "2026-08-14",
        "close": 14.15,
        "volume": 1592642,
        "typical_volume": 5833427.7,
        "trend": 15.93,
        "fair_value": 19.651396,
        "relative_strength": -35.208581,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.864241,
        "energy": 43.20899,
        "activity_lines": [
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          15.55,
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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."
    }
  }
}