{
  "ticker": {
    "uuid": "3bce52e2-829b-4aee-9dda-648491a4e7f3",
    "symbol": "4968",
    "name": "RichWave Technology Corporation",
    "exchange": "TAI",
    "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": -68.824,
    "architecture_energy": 73.009,
    "architecture_maturity": 17.588,
    "architecture_confidence": 85.334,
    "architecture_tenure": "New",
    "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": 9.67,
        "rotation_up": 9.48,
        "upward_expansion": 16.11,
        "deceleration": 37.18,
        "rotation_down": 78.15,
        "downward_expansion": 94.11
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 94.300003,
    "trend_reference": 110.272931,
    "distance_from_trend": -0.144849,
    "trend_direction": "Weakening",
    "fair_value": 154.912719,
    "distance_from_fair_value": -0.39127,
    "fair_value_direction": "Weakening",
    "relative_strength": -46.897234,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.206034,
    "excess_performance": -0.647406,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.144849,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.075895,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.39127,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.077468,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.468972,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.043863,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.206034,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.275867,
        "read": "Supply-led"
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    ],
    "volume": {
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      "relative_activity": 0.330256,
      "balance": 0.275867,
      "dry_up": 0.562516,
      "accumulation_observations": 0,
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    "risk": {
      "range_context": 0.100785,
      "annualized_volatility": 0.405953,
      "from_high_reference": -0.440509,
      "from_low_reference": 0.122619
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    "levels": {
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      "fair_value_reference": 154.912719,
      "structural_low": 84.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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      },
      {
        "date": "2026-04-24",
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      },
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      {
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      },
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      },
      {
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
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        "date": "2026-07-10",
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      },
      {
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      },
      {
        "date": "2026-07-24",
        "close": 97.400002,
        "volume": 2997409,
        "typical_volume": 6020108.7,
        "trend": 113.063081,
        "fair_value": 156.190051,
        "relative_strength": -45.22313,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -67.577261,
        "energy": 54.433722,
        "activity_lines": [
          103.816145,
          106.921241,
          109.360343,
          110.549175
        ]
      },
      {
        "date": "2026-07-31",
        "close": 97.400002,
        "volume": 4518613,
        "typical_volume": 5907973.55,
        "trend": 112.104306,
        "fair_value": 155.764103,
        "relative_strength": -43.781637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.968958,
        "energy": 64.816246,
        "activity_lines": [
          100.814262,
          104.751131,
          108.19909,
          109.538654
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      },
      {
        "date": "2026-08-07",
        "close": 95.199997,
        "volume": 3157509,
        "typical_volume": 5721134.2,
        "trend": 111.203619,
        "fair_value": 155.330322,
        "relative_strength": -45.595053,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.290686,
        "energy": 71.123499,
        "activity_lines": [
          97.846667,
          102.55166,
          106.852634,
          108.448054
        ]
      },
      {
        "date": "2026-08-14",
        "close": 94.300003,
        "volume": 1836118,
        "typical_volume": 5559688.25,
        "trend": 110.272931,
        "fair_value": 154.912719,
        "relative_strength": -46.897234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.82373,
        "energy": 73.008862,
        "activity_lines": [
          95.953334,
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          105.497505,
          107.357498
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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."
    }
  }
}