{
  "ticker": {
    "uuid": "4c0815d3-5cbd-469c-9414-82d39762c567",
    "symbol": "6665",
    "name": "Healthconn Corp.",
    "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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -61.691,
    "architecture_energy": 60.643,
    "architecture_maturity": 14.659,
    "architecture_confidence": 94.354,
    "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": 24.72,
        "rotation_up": 15.42,
        "upward_expansion": 15.7,
        "deceleration": 35.09,
        "rotation_down": 66.53,
        "downward_expansion": 89.04
      },
      "activity_lines": [
        18.43,
        18.983084,
        19.728187,
        20.049162
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 18.15,
    "trend_reference": 20.352822,
    "distance_from_trend": -0.108232,
    "trend_direction": "Weakening",
    "fair_value": 23.246321,
    "distance_from_fair_value": -0.219231,
    "fair_value_direction": "Weakening",
    "relative_strength": -39.240057,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.127341,
    "excess_performance": -0.568713,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.108232,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.013423,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.219231,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.14655,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.392401,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.077773,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.127341,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.410725,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 73730,
      "relative_activity": 0.361051,
      "balance": 0.410725,
      "dry_up": 0.592116,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.099749,
      "annualized_volatility": 0.344387,
      "from_high_reference": -0.281642,
      "from_low_reference": 0.04611
    },
    "levels": {
      "trend_reference": 20.352822,
      "fair_value_reference": 23.246321,
      "structural_low": 17.35,
      "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": 36,
        "median_return": -0.006301,
        "positive_rate": 0.361111,
        "directional_follow_through": 0.583333,
        "median_excess_return": -0.031277,
        "regime_survival": 0.777778,
        "best_return": 0.184336,
        "worst_return": -0.157143,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": -0.02934,
        "positive_rate": 0.384615,
        "directional_follow_through": 0.615385,
        "median_excess_return": -0.037132,
        "regime_survival": 0.615385,
        "best_return": 0.125945,
        "worst_return": -0.183633,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": -0.042578,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.168751,
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        "best_return": 0.211597,
        "worst_return": -0.274286,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "directional_follow_through": 1.0,
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        "worst_return": -0.267476,
        "sufficient": false
      }
    ],
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        "color": "red",
        "start": "2024-08-23",
        "end": "2025-03-07",
        "tenure": "Extended",
        "return": -0.067864,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
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      },
      {
        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-10-31",
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        "active": false
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      {
        "regime": "rotation_down",
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        "active": false
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      {
        "regime": "downward_expansion",
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      {
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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        "regime": "upward_expansion",
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-06-05",
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-06-12",
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        "trend": 20.578438,
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        "relative_strength": -42.549451,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-06-19",
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        "modifier": "Recompressing",
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      },
      {
        "date": "2026-06-26",
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      },
      {
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      },
      {
        "date": "2026-07-10",
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      },
      {
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        "modifier": "Recompressing",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 198175.9,
        "trend": 20.513335,
        "fair_value": 23.541638,
        "relative_strength": -36.523895,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -53.731578,
        "energy": 26.89495,
        "activity_lines": [
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          20.471174
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      },
      {
        "date": "2026-07-31",
        "close": 18.6,
        "volume": 184505,
        "typical_volume": 200660.05,
        "trend": 20.476453,
        "fair_value": 23.436698,
        "relative_strength": -36.254859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.552195,
        "energy": 38.134903,
        "activity_lines": [
          19.263788,
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          20.173454,
          20.347733
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      },
      {
        "date": "2026-08-07",
        "close": 18.1,
        "volume": 137565,
        "typical_volume": 205568.75,
        "trend": 20.401394,
        "fair_value": 23.345821,
        "relative_strength": -38.385795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.015857,
        "energy": 58.296415,
        "activity_lines": [
          18.786667,
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          19.944024,
          20.194413
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      },
      {
        "date": "2026-08-14",
        "close": 18.15,
        "volume": 73730,
        "typical_volume": 204209.5,
        "trend": 20.352822,
        "fair_value": 23.246321,
        "relative_strength": -39.240057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.690611,
        "energy": 60.643308,
        "activity_lines": [
          18.43,
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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."
    }
  }
}