{
  "ticker": {
    "uuid": "ee122306-235b-4dd7-b143-aedad8fcb4ec",
    "symbol": "8083",
    "name": "Pro-Hawk 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 88.196,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Structural failure",
    "architecture_gate": "down",
    "architecture_direction": -46.658,
    "architecture_energy": 24.081,
    "architecture_maturity": 17.873,
    "architecture_confidence": 83.045,
    "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": 42.01,
        "rotation_up": 23.39,
        "upward_expansion": 9.3,
        "deceleration": 51.88,
        "rotation_down": 41.38,
        "downward_expansion": 68.97
      },
      "activity_lines": [
        158.6,
        158.892769,
        160.323787,
        161.028947
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 159.0,
    "trend_reference": 161.824496,
    "distance_from_trend": -0.017454,
    "trend_direction": "Improving",
    "fair_value": 145.27109,
    "distance_from_fair_value": 0.094505,
    "fair_value_direction": "Weakening",
    "relative_strength": -26.529184,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.036934,
    "excess_performance": -0.478306,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.017454,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.026587,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.094505,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.049614,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.265292,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.001683,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.036934,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.983676,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 392106,
      "relative_activity": 1.0564,
      "balance": 0.983676,
      "dry_up": 1.236071,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.033713,
      "annualized_volatility": 0.148202,
      "from_high_reference": -0.081789,
      "from_low_reference": 0.139956
    },
    "levels": {
      "trend_reference": 161.824496,
      "fair_value_reference": 145.27109,
      "structural_low": 152.5,
      "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": 6,
        "median_return": 0.008475,
        "positive_rate": 0.5,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.028809,
        "regime_survival": 0.166667,
        "best_return": 0.060317,
        "worst_return": -0.021672,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.076584,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.026984,
        "regime_survival": 0.0,
        "best_return": 0.154109,
        "worst_return": 0.03096,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.03096,
        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.082452,
        "regime_survival": 0.2,
        "best_return": 0.202055,
        "worst_return": -0.113772,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.169541,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.128542,
        "regime_survival": 0.0,
        "best_return": 0.253657,
        "worst_return": -0.097255,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-01-03",
        "end": "2025-01-17",
        "tenure": "New",
        "return": -0.02994,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-24",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": 0.04644,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.041543,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.030508,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-09",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": 0.06,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-27",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.012165,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.016502,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.019608,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-24",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": 0.026667,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-05",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.097087,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.066667,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-05-22",
        "tenure": "New",
        "return": -0.042614,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": -0.031276,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-24",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.019231,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
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        "typical_volume": 395085.6,
        "trend": 154.518139,
        "fair_value": 141.627718,
        "relative_strength": -21.821157,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.860598,
        "energy": 48.119504,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 407180.85,
        "trend": 155.213953,
        "fair_value": 141.936646,
        "relative_strength": -27.033523,
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        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "energy": 50.280949,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-15",
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        "volume": 279142,
        "typical_volume": 411637.95,
        "trend": 155.830697,
        "fair_value": 142.227801,
        "relative_strength": -26.697499,
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-05-22",
        "close": 159.879074,
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        "typical_volume": 414939.75,
        "trend": 156.415814,
        "fair_value": 142.50841,
        "relative_strength": -29.227317,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 33.804432,
        "energy": 20.955034,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "volume": 387080,
        "typical_volume": 427443.75,
        "trend": 156.953488,
        "fair_value": 142.767063,
        "relative_strength": -33.065476,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.771745,
        "energy": 9.799251,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 162.725586,
        "volume": 345084,
        "typical_volume": 426547.95,
        "trend": 157.633488,
        "fair_value": 143.050519,
        "relative_strength": -31.083571,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 164.148834,
        "volume": 267180,
        "typical_volume": 414706.95,
        "trend": 158.313488,
        "fair_value": 143.325134,
        "relative_strength": -28.325087,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "energy": 17.534922,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
        "close": 163.199997,
        "volume": 159021,
        "typical_volume": 386446.25,
        "trend": 158.851163,
        "fair_value": 143.578269,
        "relative_strength": -31.524191,
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-06-26",
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        "relative_strength": -28.282653,
        "stage": 3,
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 352026.1,
        "trend": 159.95814,
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        "relative_strength": -30.537665,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 157.5,
        "volume": 501314,
        "typical_volume": 360331.05,
        "trend": 160.321628,
        "fair_value": 144.261689,
        "relative_strength": -30.115912,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 153.5,
        "volume": 535039,
        "typical_volume": 359572.0,
        "trend": 160.535969,
        "fair_value": 144.415269,
        "relative_strength": -26.831343,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -40.195033,
        "energy": 46.51257,
        "activity_lines": [
          158.320154,
          160.046468,
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          161.62084
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      },
      {
        "date": "2026-07-24",
        "close": 156.0,
        "volume": 340022,
        "typical_volume": 353018.15,
        "trend": 160.833644,
        "fair_value": 144.60406,
        "relative_strength": -26.58755,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.973369,
        "energy": 51.017751,
        "activity_lines": [
          157.010077,
          159.181268,
          160.825038,
          161.328197
        ]
      },
      {
        "date": "2026-07-31",
        "close": 161.5,
        "volume": 691047,
        "typical_volume": 368820.5,
        "trend": 161.251396,
        "fair_value": 144.847291,
        "relative_strength": -22.32372,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.409239,
        "energy": 42.029293,
        "activity_lines": [
          158.013333,
          159.43835,
          160.838527,
          161.371188
        ]
      },
      {
        "date": "2026-08-07",
        "close": 158.5,
        "volume": 412004,
        "typical_volume": 365018.15,
        "trend": 161.553334,
        "fair_value": 145.060329,
        "relative_strength": -24.909589,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -49.539036,
        "energy": 46.621163,
        "activity_lines": [
          158.066667,
          159.120507,
          160.549546,
          161.193678
        ]
      },
      {
        "date": "2026-08-14",
        "close": 159.0,
        "volume": 392106,
        "typical_volume": 371171.95,
        "trend": 161.824496,
        "fair_value": 145.27109,
        "relative_strength": -26.529184,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -46.657949,
        "energy": 24.081159,
        "activity_lines": [
          158.6,
          158.892769,
          160.323787,
          161.028947
        ]
      }
    ],
    "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."
    }
  }
}