{
  "ticker": {
    "uuid": "258fa64f-5406-47eb-964d-337933871d03",
    "symbol": "3313",
    "name": "Feei Cherng Develop 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -67.893,
    "architecture_energy": 71.283,
    "architecture_maturity": 24.932,
    "architecture_confidence": 79.863,
    "architecture_tenure": "Developing",
    "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": 18.58,
        "rotation_up": 9.81,
        "upward_expansion": 15.32,
        "deceleration": 37.38,
        "rotation_down": 72.27,
        "downward_expansion": 88.66
      },
      "activity_lines": [
        10.5,
        11.014545,
        11.32881,
        11.652688
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 10.2,
    "trend_reference": 12.166667,
    "distance_from_trend": -0.161644,
    "trend_direction": "Weakening",
    "fair_value": 14.961876,
    "distance_from_fair_value": -0.318267,
    "fair_value_direction": "Weakening",
    "relative_strength": -48.641535,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.224335,
    "excess_performance": -0.665707,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.161644,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.089435,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.318267,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.060484,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.486415,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.003263,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.224335,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.465316,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 512537,
      "relative_activity": 0.59316,
      "balance": 1.465316,
      "dry_up": 0.623851,
      "accumulation_observations": 4,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.101056,
      "annualized_volatility": 0.348378,
      "from_high_reference": -0.514286,
      "from_low_reference": 0.009901
    },
    "levels": {
      "trend_reference": 12.166667,
      "fair_value_reference": 14.961876,
      "structural_low": 10.1,
      "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": 26,
        "median_return": -0.0033,
        "positive_rate": 0.423077,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.008898,
        "regime_survival": 0.769231,
        "best_return": 0.517375,
        "worst_return": -0.127119,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.099083,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.046033,
        "regime_survival": 0.444444,
        "best_return": 0.221374,
        "worst_return": -0.133333,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.045872,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.058347,
        "regime_survival": 0.2,
        "best_return": 0.488281,
        "worst_return": -0.237037,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.036866,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.108791,
        "regime_survival": 0.333333,
        "best_return": 0.063768,
        "worst_return": -0.057778,
        "sufficient": false
      }
    ],
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        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-09-06",
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        "return": -0.079405,
        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-13",
        "end": "2024-09-20",
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        "return": -0.051351,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2025-03-14",
        "tenure": "Established",
        "return": -0.15942,
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      },
      {
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        "active": false
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      {
        "regime": "downward_expansion",
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        "end": "2025-05-30",
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        "return": 0.15625,
        "active": false
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      {
        "regime": "balance",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
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        "regime": "upward_expansion",
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        "active": false
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        "relative_strength": -42.730082,
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        "modifier": "Established contraction",
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        "energy": 48.916086,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 1087047.9,
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        "fair_value": 14.88303,
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        ]
      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 1055273.2,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 1057836.6,
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        "direction": -72.317481,
        "energy": 67.891836,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 1043006.35,
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 1106040.3,
        "trend": 13.233333,
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        "relative_strength": -45.713307,
        "stage": 4,
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        "direction": -59.125945,
        "energy": 45.069455,
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      },
      {
        "date": "2026-06-19",
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        "fair_value": 14.930145,
        "relative_strength": -46.253067,
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        "gate": "down",
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      },
      {
        "date": "2026-06-26",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "trend": 12.973333,
        "fair_value": 14.948094,
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        "stage": 4,
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        "energy": 18.221217,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 1005385,
        "typical_volume": 1128602.55,
        "trend": 12.873333,
        "fair_value": 14.957068,
        "relative_strength": -44.000337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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      },
      {
        "date": "2026-07-17",
        "close": 12.0,
        "volume": 463048,
        "typical_volume": 1095755.1,
        "trend": 12.756667,
        "fair_value": 14.967645,
        "relative_strength": -38.655056,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.800978,
        "energy": 15.572199,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 11.35,
        "volume": 326499,
        "typical_volume": 1051120.7,
        "trend": 12.631667,
        "fair_value": 14.970209,
        "relative_strength": -42.530424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.907917,
        "energy": 18.091931,
        "activity_lines": [
          11.736667,
          11.730909,
          11.804524,
          12.085914
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10.2,
        "volume": 1101733,
        "typical_volume": 985070.0,
        "trend": 12.468333,
        "fair_value": 14.967645,
        "relative_strength": -46.967259,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.71883,
        "energy": 41.282616,
        "activity_lines": [
          11.226667,
          11.461818,
          11.631667,
          11.929032
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.3,
        "volume": 215454,
        "typical_volume": 880716.1,
        "trend": 12.315,
        "fair_value": 14.965081,
        "relative_strength": -47.042182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.176331,
        "energy": 62.54246,
        "activity_lines": [
          10.81,
          11.24,
          11.479048,
          11.78914
        ]
      },
      {
        "date": "2026-08-14",
        "close": 10.2,
        "volume": 512537,
        "typical_volume": 864078.35,
        "trend": 12.166667,
        "fair_value": 14.961876,
        "relative_strength": -48.641535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.89336,
        "energy": 71.28326,
        "activity_lines": [
          10.5,
          11.014545,
          11.32881,
          11.652688
        ]
      }
    ],
    "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."
    }
  }
}