{
  "ticker": {
    "uuid": "168afd82-f5c3-425b-a5c9-ab35fff56fc1",
    "symbol": "3058",
    "name": "Leader Electronics 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 93.243,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -60.652,
    "architecture_energy": 65.202,
    "architecture_maturity": 12.995,
    "architecture_confidence": 80.664,
    "architecture_tenure": "New",
    "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": 22.67,
        "rotation_up": 12.19,
        "upward_expansion": 16.46,
        "deceleration": 34.59,
        "rotation_down": 72.27,
        "downward_expansion": 89.79
      },
      "activity_lines": [
        8.272667,
        8.619455,
        8.776476,
        8.947849
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 8.21,
    "trend_reference": 9.25,
    "distance_from_trend": -0.112432,
    "trend_direction": "Weakening",
    "fair_value": 14.719127,
    "distance_from_fair_value": -0.442222,
    "fair_value_direction": "Improving",
    "relative_strength": -43.306931,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.175703,
    "excess_performance": -0.617075,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.112432,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.052739,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.442222,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.057816,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.433069,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.0464,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.175703,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.828107,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1711785,
      "relative_activity": 0.38709,
      "balance": 1.828107,
      "dry_up": 0.452674,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.090415,
      "annualized_volatility": 0.395617,
      "from_high_reference": -0.405072,
      "from_low_reference": 0.02625
    },
    "levels": {
      "trend_reference": 9.25,
      "fair_value_reference": 14.719127,
      "structural_low": 8.0,
      "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": 34,
        "median_return": -0.01084,
        "positive_rate": 0.382353,
        "directional_follow_through": 0.588235,
        "median_excess_return": -0.019473,
        "regime_survival": 0.794118,
        "best_return": 0.310943,
        "worst_return": -0.180147,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
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        "positive_rate": 0.454545,
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        "worst_return": -0.358219,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
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        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
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        "worst_return": -0.288235,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "directional_follow_through": 0.75,
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        "best_return": 1.05062,
        "worst_return": -0.360119,
        "sufficient": false
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    ],
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        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
        "return": 0.009639,
        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
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      {
        "regime": "rotation_down",
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        "active": false
      },
      {
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        "active": false
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      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "tenure": "Extended",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2025-10-03",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "end": "2025-11-28",
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        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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      {
        "regime": "balance",
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      {
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        "regime": "downward_expansion",
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      {
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      },
      {
        "date": "2026-05-01",
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      },
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      },
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      },
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 5386055.35,
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        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.981994,
        "energy": 21.783209,
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        ]
      },
      {
        "date": "2026-07-31",
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        "volume": 2265666,
        "typical_volume": 5252373.0,
        "trend": 9.367333,
        "fair_value": 14.893131,
        "relative_strength": -41.081412,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.001945,
        "energy": 40.677187,
        "activity_lines": [
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          8.93,
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      },
      {
        "date": "2026-08-07",
        "close": 8.16,
        "volume": 1703116,
        "typical_volume": 4744608.05,
        "trend": 9.292667,
        "fair_value": 14.805355,
        "relative_strength": -42.462498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.483692,
        "energy": 59.071445,
        "activity_lines": [
          8.405333,
          8.767818,
          8.846,
          9.017699
        ]
      },
      {
        "date": "2026-08-14",
        "close": 8.21,
        "volume": 1711785,
        "typical_volume": 4422185.1,
        "trend": 9.25,
        "fair_value": 14.719127,
        "relative_strength": -43.306931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.651717,
        "energy": 65.201574,
        "activity_lines": [
          8.272667,
          8.619455,
          8.776476,
          8.947849
        ]
      }
    ],
    "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."
    }
  }
}