{
  "ticker": {
    "uuid": "047b9646-6ba9-4e32-bec0-a1d96f59e54e",
    "symbol": "2705",
    "name": "Leofoo Development 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 62.483,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -28.658,
    "architecture_energy": 12.173,
    "architecture_maturity": 16.212,
    "architecture_confidence": 57.541,
    "architecture_tenure": "Developing",
    "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": 57.87,
        "rotation_up": 20.45,
        "upward_expansion": 13.76,
        "deceleration": 55.26,
        "rotation_down": 32.24,
        "downward_expansion": 56.76
      },
      "activity_lines": [
        16.16,
        16.210909,
        16.112381,
        16.176882
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 16.049999,
    "trend_reference": 16.25,
    "distance_from_trend": -0.012308,
    "trend_direction": "Weakening",
    "fair_value": 17.547115,
    "distance_from_fair_value": -0.08532,
    "fair_value_direction": "Improving",
    "relative_strength": -31.483602,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.015337,
    "excess_performance": -0.456709,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.012308,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.008441,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.08532,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.06782,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.314836,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.089981,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.015337,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.579272,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 341511,
      "relative_activity": 0.317399,
      "balance": 1.579272,
      "dry_up": 0.477265,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.036185,
      "annualized_volatility": 0.176815,
      "from_high_reference": -0.118132,
      "from_low_reference": 0.077181
    },
    "levels": {
      "trend_reference": 16.25,
      "fair_value_reference": 17.547115,
      "structural_low": 14.9,
      "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": 23,
        "median_return": -0.005666,
        "positive_rate": 0.434783,
        "directional_follow_through": 0.434783,
        "median_excess_return": -0.027344,
        "regime_survival": 0.565217,
        "best_return": 0.226519,
        "worst_return": -0.087404,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.032934,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.454545,
        "median_excess_return": -0.048738,
        "regime_survival": 0.363636,
        "best_return": 0.118785,
        "worst_return": -0.07455,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.014085,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.12644,
        "regime_survival": 0.0,
        "best_return": 0.146893,
        "worst_return": -0.113111,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.04524,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.277924,
        "regime_survival": 0.0,
        "best_return": -0.008475,
        "worst_return": -0.154242,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-03",
        "end": "2024-08-09",
        "tenure": "Established",
        "return": -0.204955,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-16",
        "end": "2024-09-13",
        "tenure": "Developing",
        "return": 0.028329,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-20",
        "end": "2024-09-27",
        "tenure": "New",
        "return": -0.011019,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-04",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": -0.008475,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-03",
        "end": "2025-04-25",
        "tenure": "Established",
        "return": -0.042254,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.045198,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.029891,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.100529,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-01",
        "end": "2026-04-03",
        "tenure": "Extended",
        "return": -0.017804,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
        "return": 0.053892,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": -0.031977,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "return": -0.04717,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2026-07-03",
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        "return": 0.09901,
        "active": false
      },
      {
        "regime": "balance",
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        "return": -0.006192,
        "active": true
      }
    ],
    "chart_path": [
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      },
      {
        "date": "2026-05-08",
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 1258777.65,
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      },
      {
        "date": "2026-06-26",
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        "energy": 18.337974,
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 1220711.5,
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        "relative_strength": -35.834643,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.372733,
        "energy": 16.57291,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 0,
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        "fair_value": 17.704167,
        "relative_strength": -34.800008,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "direction": -19.842452,
        "energy": 19.942487,
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      },
      {
        "date": "2026-07-17",
        "close": 16.200001,
        "volume": 733343,
        "typical_volume": 1163488.8,
        "trend": 16.301667,
        "fair_value": 17.658333,
        "relative_strength": -29.518631,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.458354,
        "energy": 16.5176,
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          16.29,
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      },
      {
        "date": "2026-07-24",
        "close": 16.35,
        "volume": 697009,
        "typical_volume": 1145006.75,
        "trend": 16.291667,
        "fair_value": 17.623397,
        "relative_strength": -29.56621,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.717444,
        "energy": 12.570973,
        "activity_lines": [
          16.296667,
          16.174546,
          16.139524,
          16.204839
        ]
      },
      {
        "date": "2026-07-31",
        "close": 16.15,
        "volume": 603803,
        "typical_volume": 1124052.0,
        "trend": 16.276667,
        "fair_value": 17.59359,
        "relative_strength": -28.653433,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.71193,
        "energy": 7.832692,
        "activity_lines": [
          16.246667,
          16.208182,
          16.130714,
          16.195699
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      },
      {
        "date": "2026-08-07",
        "close": 16.200001,
        "volume": 411765,
        "typical_volume": 1089868.2,
        "trend": 16.265,
        "fair_value": 17.569551,
        "relative_strength": -29.309125,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.775918,
        "energy": 10.534341,
        "activity_lines": [
          16.213334,
          16.232728,
          16.128334,
          16.190753
        ]
      },
      {
        "date": "2026-08-14",
        "close": 16.049999,
        "volume": 341511,
        "typical_volume": 1075968.9,
        "trend": 16.25,
        "fair_value": 17.547115,
        "relative_strength": -31.483602,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.658241,
        "energy": 12.173397,
        "activity_lines": [
          16.16,
          16.210909,
          16.112381,
          16.176882
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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."
    }
  }
}