{
  "ticker": {
    "uuid": "3f30795c-4157-41f8-b3db-221734f65da2",
    "symbol": "2424",
    "name": "Lung Hwa Electronics Co., Ltd.",
    "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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -66.523,
    "architecture_energy": 84.24,
    "architecture_maturity": 100.0,
    "architecture_confidence": 96,
    "architecture_tenure": "Extended",
    "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": 7.53,
        "rotation_up": 29.88,
        "upward_expansion": 20.78,
        "deceleration": 37.69,
        "rotation_down": 55.46,
        "downward_expansion": 94.12
      },
      "activity_lines": [
        8.610667,
        9.048,
        11.433048,
        15.179011
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 8.86,
    "trend_reference": 20.856,
    "distance_from_trend": -0.575182,
    "trend_direction": "Weakening",
    "fair_value": 44.095385,
    "distance_from_fair_value": -0.799072,
    "fair_value_direction": "Weakening",
    "relative_strength": -82.812411,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.757923,
    "excess_performance": -1.199296,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.575182,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.30757,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.799072,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.254276,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.828124,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.091962,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.757923,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.237287,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 74311,
      "relative_activity": 0.1027,
      "balance": 0.237287,
      "dry_up": 0.192493,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.20316,
      "annualized_volatility": 0.741666,
      "from_high_reference": -0.893253,
      "from_low_reference": 0.213699
    },
    "levels": {
      "trend_reference": 20.856,
      "fair_value_reference": 44.095385,
      "structural_low": 7.3,
      "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": 31,
        "median_return": -0.03139,
        "positive_rate": 0.322581,
        "directional_follow_through": 0.677419,
        "median_excess_return": -0.059231,
        "regime_survival": 0.870968,
        "best_return": 0.213592,
        "worst_return": -0.337662,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.037975,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.545455,
        "median_excess_return": -0.166885,
        "regime_survival": 0.636364,
        "best_return": 0.562284,
        "worst_return": -0.639515,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.062284,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
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        "regime_survival": 0.571429,
        "best_return": 1.843585,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.245567,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.18755,
        "regime_survival": 0.25,
        "best_return": 1.560127,
        "worst_return": -0.500865,
        "sufficient": false
      }
    ],
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        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2024-07-19",
        "tenure": "New",
        "return": -0.022876,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
        "return": 0.001727,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-12-06",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_down",
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        "tenure": "New",
        "return": 0.040708,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "active": false
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      {
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      },
      {
        "regime": "balance",
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      {
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
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      {
        "regime": "deceleration",
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      {
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      {
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        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 811617.95,
        "trend": 23.506333,
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        "relative_strength": -84.742128,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.50409,
        "energy": 73.758487,
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          17.887075
        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.2,
        "volume": 208224,
        "typical_volume": 805277.1,
        "trend": 22.546333,
        "fair_value": 44.618526,
        "relative_strength": -84.389931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.235386,
        "energy": 68.551068,
        "activity_lines": [
          8.784,
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          12.821667,
          16.89957
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      },
      {
        "date": "2026-08-07",
        "close": 8.63,
        "volume": 58000,
        "typical_volume": 774757.25,
        "trend": 21.612333,
        "fair_value": 44.327051,
        "relative_strength": -83.32134,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.498165,
        "energy": 66.368786,
        "activity_lines": [
          8.606667,
          9.218364,
          12.071952,
          16.001742
        ]
      },
      {
        "date": "2026-08-14",
        "close": 8.86,
        "volume": 74311,
        "typical_volume": 723572.2,
        "trend": 20.856,
        "fair_value": 44.095385,
        "relative_strength": -82.812411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.522602,
        "energy": 84.239693,
        "activity_lines": [
          8.610667,
          9.048,
          11.433048,
          15.179011
        ]
      }
    ],
    "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."
    }
  }
}