{
  "ticker": {
    "uuid": "3fc100b3-bcb8-43dd-acaa-14d2bbd6820e",
    "symbol": "8048",
    "name": "Ruby Tech Corporation",
    "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": 67.481,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -32.885,
    "architecture_energy": 51.106,
    "architecture_maturity": 11.618,
    "architecture_confidence": 66.795,
    "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": 35.68,
        "rotation_up": 17.7,
        "upward_expansion": 18.82,
        "deceleration": 44.09,
        "rotation_down": 65.89,
        "downward_expansion": 60.49
      },
      "activity_lines": [
        51.539413,
        53.438194,
        55.637679,
        55.794684
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 51.5,
    "trend_reference": 55.389438,
    "distance_from_trend": -0.07022,
    "trend_direction": "Improving",
    "fair_value": 50.872874,
    "distance_from_fair_value": 0.012327,
    "fair_value_direction": "Weakening",
    "relative_strength": -28.152925,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.00244,
    "excess_performance": -0.438932,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.07022,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.015677,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.012327,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.12705,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.281529,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.127356,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.00244,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.892829,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 343009,
      "relative_activity": 0.137476,
      "balance": 0.892829,
      "dry_up": 0.421341,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.099411,
      "annualized_volatility": 0.391053,
      "from_high_reference": -0.283412,
      "from_low_reference": 0.384502
    },
    "levels": {
      "trend_reference": 55.389438,
      "fair_value_reference": 50.872874,
      "structural_low": 46.400002,
      "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": 1,
        "median_return": -0.062678,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.053566,
        "regime_survival": 0.0,
        "best_return": -0.062678,
        "worst_return": -0.062678,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": -0.01567,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.129319,
        "regime_survival": 0.0,
        "best_return": -0.01567,
        "worst_return": -0.01567,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.066952,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.340285,
        "regime_survival": 0.0,
        "best_return": -0.066952,
        "worst_return": -0.066952,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.201478,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.503993,
        "regime_survival": 0.0,
        "best_return": -0.201478,
        "worst_return": -0.201478,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-01-12",
        "end": "2024-03-15",
        "tenure": "Developing",
        "return": 0.050152,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-03-22",
        "end": "2024-04-19",
        "tenure": "Developing",
        "return": -0.110474,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-26",
        "end": "2024-05-24",
        "tenure": "Developing",
        "return": 0.142617,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-31",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": -0.099702,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-02",
        "end": "2025-08-15",
        "tenure": "Extended",
        "return": -0.212925,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-22",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.010613,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-05",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": 0.144379,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": 0.182403,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-09",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": 0.103387,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-06",
        "end": "2026-04-03",
        "tenure": "Developing",
        "return": -0.177215,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-10",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.092362,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.027419,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-07-24",
        "tenure": "New",
        "return": -0.020748,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.021825,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
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      },
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      },
      {
        "date": "2026-04-24",
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      {
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      },
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      },
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        "date": "2026-05-15",
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      },
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      },
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      },
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      },
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        "date": "2026-06-12",
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      },
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      },
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      },
      {
        "date": "2026-07-10",
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      },
      {
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        "fair_value": 51.442856,
        "relative_strength": -22.814461,
        "stage": 3,
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      },
      {
        "date": "2026-07-24",
        "close": 51.5,
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        "typical_volume": 2914102.05,
        "trend": 55.480697,
        "fair_value": 51.282258,
        "relative_strength": -25.787244,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.679302,
        "energy": 33.290178,
        "activity_lines": [
          54.111502,
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          57.110931,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 50.400002,
        "volume": 1289707,
        "typical_volume": 2760062.15,
        "trend": 55.401419,
        "fair_value": 51.08158,
        "relative_strength": -26.11249,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.907994,
        "energy": 49.066997,
        "activity_lines": [
          52.486876,
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      },
      {
        "date": "2026-08-07",
        "close": 52.200001,
        "volume": 1492335,
        "typical_volume": 2618656.35,
        "trend": 55.422692,
        "fair_value": 50.939625,
        "relative_strength": -24.952297,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.483735,
        "energy": 48.128375,
        "activity_lines": [
          51.914018,
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          56.047761
        ]
      },
      {
        "date": "2026-08-14",
        "close": 51.5,
        "volume": 343009,
        "typical_volume": 2495046.25,
        "trend": 55.389438,
        "fair_value": 50.872874,
        "relative_strength": -28.152925,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.884955,
        "energy": 51.106101,
        "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."
    }
  }
}