{
  "ticker": {
    "uuid": "011cb388-3e4a-46c7-a61b-b8c911dbfe54",
    "symbol": "6723",
    "name": "JG Environmental Technology Co.,Ltd.",
    "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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -74.494,
    "architecture_energy": 69.216,
    "architecture_maturity": 63.846,
    "architecture_confidence": 87.926,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 12.0,
        "rotation_up": 11.42,
        "upward_expansion": 14.59,
        "deceleration": 37.46,
        "rotation_down": 72.42,
        "downward_expansion": 90.26
      },
      "activity_lines": [
        32.453214,
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        34.957052,
        35.611006
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 30.549999,
    "trend_reference": 36.943993,
    "distance_from_trend": -0.173073,
    "trend_direction": "Weakening",
    "fair_value": 31.724976,
    "distance_from_fair_value": -0.037036,
    "fair_value_direction": "Weakening",
    "relative_strength": -47.840171,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.237218,
    "excess_performance": -0.67859,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.173073,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.062638,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.037036,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.195486,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.478402,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.060235,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.237218,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.322799,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 313422,
      "relative_activity": 0.943882,
      "balance": 0.322799,
      "dry_up": 0.601389,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.102669,
      "annualized_volatility": 0.413018,
      "from_high_reference": -0.436432,
      "from_low_reference": 0.073814
    },
    "levels": {
      "trend_reference": 36.943993,
      "fair_value_reference": 31.724976,
      "structural_low": 28.450001,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 28,
        "median_return": -0.005873,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.00095,
        "regime_survival": 0.857143,
        "best_return": 0.278846,
        "worst_return": -0.130435,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.046392,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.666667,
        "best_return": 0.458333,
        "worst_return": -0.226946,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.061274,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
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        "regime_survival": 0.4,
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        "worst_return": -0.228836,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.385046,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
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        "worst_return": -0.181583,
        "sufficient": false
      }
    ],
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        "color": "green",
        "start": "2023-05-05",
        "end": "2023-09-08",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-09-15",
        "end": "2024-01-05",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "return": -0.099099,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-21",
        "end": "2024-07-12",
        "tenure": "New",
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      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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      },
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        "regime": "balance",
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        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.134935,
        "active": false
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      {
        "regime": "rotation_up",
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        "end": "2025-04-25",
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        "active": false
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      {
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      {
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      },
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        "date": "2026-05-01",
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      },
      {
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        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 24.973504,
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          35.44026,
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          36.129727,
          36.7194
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      },
      {
        "date": "2026-07-31",
        "close": 34.5,
        "volume": 214609,
        "typical_volume": 351256.3,
        "trend": 37.867848,
        "fair_value": 31.729932,
        "relative_strength": -39.668568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 35.516472,
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          35.077164,
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      },
      {
        "date": "2026-08-07",
        "close": 31.15,
        "volume": 194033,
        "typical_volume": 335859.7,
        "trend": 37.459386,
        "fair_value": 31.721926,
        "relative_strength": -45.915852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.555862,
        "energy": 58.369894,
        "activity_lines": [
          33.703552,
          34.534294,
          35.470845,
          36.056773
        ]
      },
      {
        "date": "2026-08-14",
        "close": 30.549999,
        "volume": 313422,
        "typical_volume": 332056.3,
        "trend": 36.943993,
        "fair_value": 31.724976,
        "relative_strength": -47.840171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.494255,
        "energy": 69.216151,
        "activity_lines": [
          32.453214,
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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."
    }
  }
}