{
  "ticker": {
    "uuid": "2c48a9fc-64af-480a-8ef3-e8c11dfeefbc",
    "symbol": "8086",
    "name": "Advanced Wireless Semiconductor Company",
    "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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 77.323,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -35.838,
    "architecture_energy": 58.039,
    "architecture_maturity": 18.016,
    "architecture_confidence": 66.22,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 25.48,
        "rotation_up": 17.18,
        "upward_expansion": 20.76,
        "deceleration": 43.81,
        "rotation_down": 69.17,
        "downward_expansion": 62.43
      },
      "activity_lines": [
        113.433333,
        122.290909,
        134.890476,
        136.078495
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 114.0,
    "trend_reference": 134.15,
    "distance_from_trend": -0.150205,
    "trend_direction": "Improving",
    "fair_value": 112.745769,
    "distance_from_fair_value": 0.011124,
    "fair_value_direction": "Weakening",
    "relative_strength": -32.952531,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.022422,
    "excess_performance": -0.418951,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.150205,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.065782,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.011124,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.370418,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.329525,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.271339,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.022422,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.390493,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 15923264,
      "relative_activity": 0.542747,
      "balance": 1.390493,
      "dry_up": 0.492297,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.176788,
      "annualized_volatility": 0.531127,
      "from_high_reference": -0.377049,
      "from_low_reference": 0.225806
    },
    "levels": {
      "trend_reference": 134.15,
      "fair_value_reference": 112.745769,
      "structural_low": 100.5,
      "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": 2,
        "median_return": 0.126275,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.065472,
        "regime_survival": 0.0,
        "best_return": 0.163265,
        "worst_return": 0.089286,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.146508,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.18516,
        "regime_survival": 0.0,
        "best_return": -0.121429,
        "worst_return": -0.171588,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.243897,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.281699,
        "regime_survival": 0.0,
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        "worst_return": -0.328571,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "positive_rate": 0.0,
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        "median_excess_return": -0.342565,
        "regime_survival": 0.0,
        "best_return": -0.347986,
        "worst_return": -0.563424,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
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        "color": "amber",
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        "end": "2024-02-23",
        "tenure": "Developing",
        "return": 0.251101,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-05-03",
        "tenure": "Developing",
        "return": -0.067114,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2024-12-27",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.136986,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-07-25",
        "tenure": "Established",
        "return": 0.062222,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-08-22",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      },
      {
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        "active": true
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 31730868.55,
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        "fair_value": 112.408295,
        "relative_strength": -28.784453,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -28.593669,
        "energy": 39.493359,
        "activity_lines": [
          126.9,
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      },
      {
        "date": "2026-07-31",
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        "volume": 13070020,
        "typical_volume": 30363131.15,
        "trend": 133.85,
        "fair_value": 112.500867,
        "relative_strength": -32.562599,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.171679,
        "energy": 55.250651,
        "activity_lines": [
          119.7,
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      },
      {
        "date": "2026-08-07",
        "close": 111.5,
        "volume": 18100796,
        "typical_volume": 29747946.2,
        "trend": 134.05,
        "fair_value": 112.640122,
        "relative_strength": -32.727335,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.331589,
        "energy": 58.57434,
        "activity_lines": [
          115.066667,
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      },
      {
        "date": "2026-08-14",
        "close": 114.0,
        "volume": 15923264,
        "typical_volume": 29338302.95,
        "trend": 134.15,
        "fair_value": 112.745769,
        "relative_strength": -32.952531,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.837864,
        "energy": 58.039434,
        "activity_lines": [
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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."
    }
  }
}