{
  "ticker": {
    "uuid": "44103d2d-0457-482b-af12-a127e407a9d9",
    "symbol": "6535",
    "name": "Lumosa Therapeutics 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": 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": -72.787,
    "architecture_energy": 82.157,
    "architecture_maturity": 83.018,
    "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": 5.58,
        "rotation_up": 24.25,
        "upward_expansion": 19.17,
        "deceleration": 39.15,
        "rotation_down": 64.42,
        "downward_expansion": 94.84
      },
      "activity_lines": [
        88.419998,
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        114.856559
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 86.099998,
    "trend_reference": 132.15,
    "distance_from_trend": -0.348468,
    "trend_direction": "Weakening",
    "fair_value": 174.426726,
    "distance_from_fair_value": -0.506383,
    "fair_value_direction": "Weakening",
    "relative_strength": -66.463889,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.555039,
    "excess_performance": -0.996411,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.348468,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.194698,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.506383,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.279177,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.664639,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.143522,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.555039,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.130811,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 786404,
      "relative_activity": 0.786155,
      "balance": 0.130811,
      "dry_up": 0.832075,
      "accumulation_observations": 0,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.118735,
      "annualized_volatility": 0.454402,
      "from_high_reference": -0.738695,
      "from_low_reference": 0.003496
    },
    "levels": {
      "trend_reference": 132.15,
      "fair_value_reference": 174.426726,
      "structural_low": 85.800003,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 18,
        "median_return": -0.050005,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.054725,
        "regime_survival": 0.833333,
        "best_return": 0.674487,
        "worst_return": -0.204918,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
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        "regime_survival": 0.5,
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        "worst_return": -0.330147,
        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 4,
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        "worst_return": -0.480912,
        "sufficient": false
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      {
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        "worst_return": -0.312088,
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        "regime": "balance",
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        "regime": "deceleration",
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        "regime": "downward_expansion",
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      },
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        "fair_value": 173.903008,
        "relative_strength": -64.534878,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.829291,
        "energy": 66.62424,
        "activity_lines": [
          94.986665,
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          112.710952,
          124.685591
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      },
      {
        "date": "2026-07-31",
        "close": 87.0,
        "volume": 824456,
        "typical_volume": 1015777.75,
        "trend": 138.776667,
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        "relative_strength": -64.89139,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.503137,
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          91.633332,
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          109.292857,
          121.12258
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      },
      {
        "date": "2026-08-07",
        "close": 91.099998,
        "volume": 668198,
        "typical_volume": 1001361.7,
        "trend": 135.546666,
        "fair_value": 174.270956,
        "relative_strength": -63.746198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.214526,
        "energy": 82.365743,
        "activity_lines": [
          90.313332,
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          106.569999,
          118.046666
        ]
      },
      {
        "date": "2026-08-14",
        "close": 86.099998,
        "volume": 786404,
        "typical_volume": 1000317.25,
        "trend": 132.15,
        "fair_value": 174.426726,
        "relative_strength": -66.463889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.787276,
        "energy": 82.157438,
        "activity_lines": [
          88.419998,
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          114.856559
        ]
      }
    ],
    "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."
    }
  }
}