{
  "ticker": {
    "uuid": "1b5d0772-9557-4ee6-ba3e-9277b68544be",
    "symbol": "4109",
    "name": "Jia Jie Biomedical 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": -63.052,
    "architecture_energy": 55.871,
    "architecture_maturity": 74.856,
    "architecture_confidence": 90.469,
    "architecture_tenure": "Extended",
    "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": 28.08,
        "rotation_up": 13.34,
        "upward_expansion": 10.76,
        "deceleration": 39.61,
        "rotation_down": 68.69,
        "downward_expansion": 88.76
      },
      "activity_lines": [
        11.286667,
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        11.714286,
        11.973118
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 11.1,
    "trend_reference": 12.481667,
    "distance_from_trend": -0.110696,
    "trend_direction": "Weakening",
    "fair_value": 17.994586,
    "distance_from_fair_value": -0.383148,
    "fair_value_direction": "Improving",
    "relative_strength": -44.759427,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.195652,
    "excess_performance": -0.637024,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.110696,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.090479,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.383148,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.009077,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.447594,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.062982,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.195652,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.495432,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 562896,
      "relative_activity": 0.457834,
      "balance": 0.495432,
      "dry_up": 0.625533,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.083853,
      "annualized_volatility": 0.378028,
      "from_high_reference": -0.391574,
      "from_low_reference": 0.072464
    },
    "levels": {
      "trend_reference": 12.481667,
      "fair_value_reference": 17.994586,
      "structural_low": 10.35,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 29,
        "median_return": -0.022472,
        "positive_rate": 0.310345,
        "directional_follow_through": 0.655172,
        "median_excess_return": -0.02328,
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        "best_return": 0.139706,
        "worst_return": -0.161616,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "directional_follow_through": 0.4,
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        "worst_return": -0.168421,
        "sufficient": true
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        "horizon": "Extended",
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        "directional_follow_through": 0.666667,
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        "worst_return": -0.273531,
        "sufficient": true
      },
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        "horizon": "Full cycle",
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        "worst_return": -0.279811,
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        "regime": "upward_expansion",
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-05-15",
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      },
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        "date": "2026-06-12",
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      },
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        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-24",
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        "trend": 12.86,
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        "stage": 4,
        "regime": "downward_expansion",
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        "energy": 20.476785,
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          12.26914
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      },
      {
        "date": "2026-07-31",
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        "volume": 807217,
        "typical_volume": 1240535.75,
        "trend": 12.73,
        "fair_value": 18.023148,
        "relative_strength": -42.429072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 35.953042,
        "activity_lines": [
          11.66,
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          11.869286,
          12.165269
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      },
      {
        "date": "2026-08-07",
        "close": 11.25,
        "volume": 821176,
        "typical_volume": 1237716.3,
        "trend": 12.598333,
        "fair_value": 18.009195,
        "relative_strength": -42.961218,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.551457,
        "energy": 47.681809,
        "activity_lines": [
          11.446667,
          11.710909,
          11.79381,
          12.069785
        ]
      },
      {
        "date": "2026-08-14",
        "close": 11.1,
        "volume": 562896,
        "typical_volume": 1229474.85,
        "trend": 12.481667,
        "fair_value": 17.994586,
        "relative_strength": -44.759427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.052314,
        "energy": 55.871208,
        "activity_lines": [
          11.286667,
          11.559091,
          11.714286,
          11.973118
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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."
    }
  }
}