{
  "ticker": {
    "uuid": "2650f94f-1813-4f1c-b817-4efc07b859cc",
    "symbol": "2947",
    "name": "Zhen Yu Hardware 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": -71.743,
    "architecture_energy": 88.002,
    "architecture_maturity": 33.749,
    "architecture_confidence": 83.398,
    "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": 0.17,
        "rotation_up": 8.33,
        "upward_expansion": 21.36,
        "deceleration": 37.29,
        "rotation_down": 84.22,
        "downward_expansion": 99.36
      },
      "activity_lines": [
        62.840001,
        66.067108,
        70.634372,
        72.824103
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 62.5,
    "trend_reference": 75.470925,
    "distance_from_trend": -0.171867,
    "trend_direction": "Weakening",
    "fair_value": 76.382419,
    "distance_from_fair_value": -0.181749,
    "fair_value_direction": "Weakening",
    "relative_strength": -45.087932,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.203885,
    "excess_performance": -0.645257,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.171867,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.05243,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.181749,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.202204,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.450879,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.078368,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.203885,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.489982,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 36233,
      "relative_activity": 0.550684,
      "balance": 0.489982,
      "dry_up": 0.740699,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.059245,
      "annualized_volatility": 0.157761,
      "from_high_reference": -0.3159,
      "from_low_reference": 0.02459
    },
    "levels": {
      "trend_reference": 75.470925,
      "fair_value_reference": 76.382419,
      "structural_low": 61.0,
      "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": -0.010753,
        "positive_rate": 0.413793,
        "directional_follow_through": 0.586207,
        "median_excess_return": -0.029987,
        "regime_survival": 0.896552,
        "best_return": 0.082396,
        "worst_return": -0.100391,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.02832,
        "positive_rate": 0.4,
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        "median_excess_return": -0.102508,
        "regime_survival": 0.9,
        "best_return": 0.09356,
        "worst_return": -0.098266,
        "sufficient": true
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      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.044138,
        "positive_rate": 0.2,
        "directional_follow_through": 0.8,
        "median_excess_return": -0.201275,
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        "worst_return": -0.129759,
        "sufficient": true
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        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.123534,
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        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      {
        "regime": "upward_expansion",
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        "regime": "deceleration",
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        "regime": "upward_expansion",
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 79834.05,
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        "fair_value": 76.930341,
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        "stage": 4,
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        "modifier": "Recompressing",
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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": 79777.4,
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 78517.35,
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        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 63839.55,
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      },
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 66231.8,
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        "fair_value": 76.818978,
        "relative_strength": -43.967251,
        "stage": 4,
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        "modifier": "Early contraction",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 65431.95,
        "trend": 77.940591,
        "fair_value": 76.74204,
        "relative_strength": -40.714596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.201461,
        "energy": 91.505496,
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      },
      {
        "date": "2026-07-24",
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        "volume": 70370,
        "typical_volume": 64746.7,
        "trend": 77.351675,
        "fair_value": 76.656852,
        "relative_strength": -44.181538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.545171,
        "energy": 96.118134,
        "activity_lines": [
          67.883031,
          71.491074,
          74.307233,
          75.626546
        ]
      },
      {
        "date": "2026-07-31",
        "close": 62.0,
        "volume": 36302,
        "typical_volume": 65031.1,
        "trend": 76.715883,
        "fair_value": 76.565526,
        "relative_strength": -44.195009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.87592,
        "energy": 95.550863,
        "activity_lines": [
          65.224849,
          69.357025,
          72.989964,
          74.636115
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      },
      {
        "date": "2026-08-07",
        "close": 62.200001,
        "volume": 52036,
        "typical_volume": 65900.3,
        "trend": 76.0703,
        "fair_value": 76.475482,
        "relative_strength": -44.415954,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.27926,
        "energy": 92.09735,
        "activity_lines": [
          63.646667,
          67.546612,
          71.76329,
          73.699606
        ]
      },
      {
        "date": "2026-08-14",
        "close": 62.5,
        "volume": 36233,
        "typical_volume": 65796.3,
        "trend": 75.470925,
        "fair_value": 76.382419,
        "relative_strength": -45.087932,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.742704,
        "energy": 88.002306,
        "activity_lines": [
          62.840001,
          66.067108,
          70.634372,
          72.824103
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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."
    }
  }
}