{
  "ticker": {
    "uuid": "20574c90-f221-450e-9eb9-773ced8e167c",
    "symbol": "CLWT",
    "name": "Euro Tech Holdings Company Ltd",
    "exchange": "NASDAQ",
    "country": "US",
    "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": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 39.23,
    "architecture_energy": 21.418,
    "architecture_maturity": 38.949,
    "architecture_confidence": 88.938,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 34.01,
        "rotation_up": 37.77,
        "upward_expansion": 63.25,
        "deceleration": 83.64,
        "rotation_down": 22.13,
        "downward_expansion": 13.25
      },
      "activity_lines": [
        1.57,
        1.588364,
        1.475262,
        1.409698
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 1.59,
    "trend_reference": 1.33948,
    "distance_from_trend": 0.187028,
    "trend_direction": "Improving",
    "fair_value": 1.382006,
    "distance_from_fair_value": 0.150502,
    "fair_value_direction": "Improving",
    "relative_strength": 6.871868,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.325,
    "excess_performance": 0.137546,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.187028,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.107487,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.150502,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.309075,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.068719,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.278247,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.325,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 48.981343,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 83898,
      "relative_activity": 0.015452,
      "balance": 48.981343,
      "dry_up": 0.025801,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.222966,
      "annualized_volatility": 0.74562,
      "from_high_reference": -0.406716,
      "from_low_reference": 0.606059
    },
    "levels": {
      "trend_reference": 1.33948,
      "fair_value_reference": 1.382006,
      "structural_low": 1.0201,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": -0.044586,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.079992,
        "regime_survival": 0.285714,
        "best_return": 0.108108,
        "worst_return": -0.119048,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.039,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.111883,
        "regime_survival": 0.0,
        "best_return": 0.013514,
        "worst_return": -0.34072,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.06258,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.212404,
        "regime_survival": 0.0,
        "best_return": 0.050956,
        "worst_return": -0.351842,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.21875,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.269061,
        "regime_survival": 0.333333,
        "best_return": 0.066509,
        "worst_return": -0.409664,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-02-23",
        "end": "2024-05-03",
        "tenure": "Developing",
        "return": 0.144737,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-10",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": -0.089476,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-02",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.060811,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-30",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": -0.065789,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-15",
        "end": "2025-07-25",
        "tenure": "Extended",
        "return": -0.139514,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-01",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.028807,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.295082,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-10-10",
        "tenure": "New",
        "return": 0.009248,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.119048,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-21",
        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.098214,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-19",
        "end": "2025-12-26",
        "tenure": "New",
        "return": 0.05042,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-06-12",
        "tenure": "Established",
        "return": 0.066667,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-19",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.219895,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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        "typical_volume": 146091.5,
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        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-08",
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        ]
      },
      {
        "date": "2026-05-15",
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        "typical_volume": 24302.35,
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-05-22",
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        "gate": "mixed",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 27720.3,
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        "gate": "up",
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 1267035.95,
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        "stage": 3,
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.345443,
        "energy": 61.365533,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 5363943.9,
        "trend": 1.27648,
        "fair_value": 1.382007,
        "relative_strength": 16.476979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "energy": 69.209725,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 906438,
        "typical_volume": 5408499.35,
        "trend": 1.291147,
        "fair_value": 1.382299,
        "relative_strength": 12.135671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.663151,
        "energy": 67.722917,
        "activity_lines": [
          1.652,
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          1.342575
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      },
      {
        "date": "2026-07-17",
        "close": 1.63,
        "volume": 186395,
        "typical_volume": 5417542.65,
        "trend": 1.305813,
        "fair_value": 1.382702,
        "relative_strength": 14.045605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.16476,
        "energy": 44.00717,
        "activity_lines": [
          1.657333,
          1.556,
          1.419899,
          1.364436
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.57,
        "volume": 200746,
        "typical_volume": 5423686.8,
        "trend": 1.31648,
        "fair_value": 1.382414,
        "relative_strength": 11.526643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.745258,
        "energy": 35.749614,
        "activity_lines": [
          1.619333,
          1.576545,
          1.441164,
          1.38148
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.49,
        "volume": 89316,
        "typical_volume": 5426312.35,
        "trend": 1.326147,
        "fair_value": 1.38192,
        "relative_strength": 5.300705,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.807294,
        "energy": 27.658565,
        "activity_lines": [
          1.577333,
          1.575818,
          1.453905,
          1.392675
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.59,
        "volume": 83898,
        "typical_volume": 5429613.0,
        "trend": 1.33948,
        "fair_value": 1.382006,
        "relative_strength": 6.871868,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.230235,
        "energy": 21.417515,
        "activity_lines": [
          1.57,
          1.588364,
          1.475262,
          1.409698
        ]
      }
    ],
    "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."
    }
  }
}