{
  "ticker": {
    "uuid": "393d4a2b-76fa-4c6c-8bd2-52f90b9b295d",
    "symbol": "6161",
    "name": "Jetway Information 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 48.731,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 50.803,
    "architecture_energy": 29.275,
    "architecture_maturity": 47.855,
    "architecture_confidence": 57.613,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 37.51,
        "rotation_up": 45.31,
        "upward_expansion": 76.41,
        "deceleration": 65.94,
        "rotation_down": 22.64,
        "downward_expansion": 3.08
      },
      "activity_lines": [
        51.373335,
        50.896,
        49.840609,
        47.747199
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 51.400002,
    "trend_reference": 45.377333,
    "distance_from_trend": 0.132724,
    "trend_direction": "Improving",
    "fair_value": 46.962576,
    "distance_from_fair_value": 0.094489,
    "fair_value_direction": "Improving",
    "relative_strength": -19.30894,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.267258,
    "excess_performance": -0.174114,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.132724,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.050168,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.094489,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.146109,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.193089,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.113289,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.267258,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.490131,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1524204,
      "relative_activity": 0.713348,
      "balance": 2.490131,
      "dry_up": 0.779377,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.12504,
      "annualized_volatility": 0.476573,
      "from_high_reference": -0.176282,
      "from_low_reference": 0.364119
    },
    "levels": {
      "trend_reference": 45.377333,
      "fair_value_reference": 46.962576,
      "structural_low": 37.727997,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 26,
        "median_return": 0.013632,
        "positive_rate": 0.576923,
        "directional_follow_through": 0.576923,
        "median_excess_return": -0.014047,
        "regime_survival": 0.730769,
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        "worst_return": -0.139252,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
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        "positive_rate": 0.555556,
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        "median_excess_return": 0.022959,
        "regime_survival": 0.444444,
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        "worst_return": -0.180918,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.086147,
        "regime_survival": 0.333333,
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        "worst_return": -0.33197,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "directional_follow_through": 0.666667,
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        "regime_survival": 0.333333,
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        "worst_return": -0.115969,
        "sufficient": false
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        "regime": "deceleration",
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        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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      {
        "regime": "downward_expansion",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "return": -0.045019,
        "active": false
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      {
        "regime": "downward_expansion",
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        "active": false
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      {
        "regime": "balance",
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        "regime": "rotation_up",
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      },
      {
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        "typical_volume": 1911204.55,
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      },
      {
        "date": "2026-07-31",
        "close": 47.0,
        "volume": 934266,
        "typical_volume": 1934849.45,
        "trend": 44.778533,
        "fair_value": 46.915698,
        "relative_strength": -22.511107,
        "stage": 1,
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        "modifier": "Early expansion",
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        "direction": 37.688308,
        "energy": 19.817859,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 55.700001,
        "volume": 3401362,
        "typical_volume": 2081938.85,
        "trend": 45.156799,
        "fair_value": 46.92668,
        "relative_strength": -10.002802,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.441119,
        "energy": 32.893022,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-14",
        "close": 51.400002,
        "volume": 1524204,
        "typical_volume": 2136690.2,
        "trend": 45.377333,
        "fair_value": 46.962576,
        "relative_strength": -19.30894,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.802512,
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        "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."
    }
  }
}