{
  "ticker": {
    "uuid": "5ea3fbc8-e327-46a9-9ff9-ff53c6275852",
    "symbol": "6810",
    "name": "Bio Preventive Medicine 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 52.585,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -18.6,
    "architecture_energy": 34.954,
    "architecture_maturity": 4.877,
    "architecture_confidence": 63.507,
    "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": 43.1,
        "rotation_up": 18.0,
        "upward_expansion": 22.08,
        "deceleration": 52.08,
        "rotation_down": 54.76,
        "downward_expansion": 49.42
      },
      "activity_lines": [
        22.213333,
        22.556363,
        24.452619,
        23.853441
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 23.049999,
    "trend_reference": 22.8,
    "distance_from_trend": 0.010965,
    "trend_direction": "Improving",
    "fair_value": 30.307669,
    "distance_from_fair_value": -0.239466,
    "fair_value_direction": "Weakening",
    "relative_strength": -29.423649,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.155388,
    "excess_performance": -0.285984,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.010965,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.008478,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.239466,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.134116,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.294236,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.054503,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.155388,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.798642,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 317480,
      "relative_activity": 0.267273,
      "balance": 0.798642,
      "dry_up": 0.242125,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.140831,
      "annualized_volatility": 1.072411,
      "from_high_reference": -0.498913,
      "from_low_reference": 0.39697
    },
    "levels": {
      "trend_reference": 22.8,
      "fair_value_reference": 30.307669,
      "structural_low": 16.5,
      "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": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-12-15",
        "end": "2024-01-12",
        "tenure": "Developing",
        "return": -0.015504,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-01-19",
        "end": "2024-03-01",
        "tenure": "Developing",
        "return": 0.063492,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-08",
        "end": "2024-03-22",
        "tenure": "New",
        "return": -0.024938,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-03-29",
        "end": "2024-04-19",
        "tenure": "New",
        "return": -0.041558,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-26",
        "end": "2025-01-03",
        "tenure": "Extended",
        "return": -0.160377,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-10",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.069243,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": -0.179443,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.092357,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-01",
        "end": "2025-08-15",
        "tenure": "New",
        "return": -0.095986,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-22",
        "end": "2026-04-17",
        "tenure": "Extended",
        "return": -0.321083,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-24",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.102339,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-29",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.289037,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-17",
        "end": "2026-07-31",
        "tenure": "New",
        "return": -0.105809,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-08-07",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.097619,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
        "close": 37.0,
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        "typical_volume": 768174.75,
        "trend": 38.743727,
        "fair_value": 37.323834,
        "relative_strength": -11.763632,
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        "activity_lines": [
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      },
      {
        "date": "2023-08-18",
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      },
      {
        "date": "2023-08-25",
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      },
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      },
      {
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      },
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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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      },
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      },
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        "date": "2026-06-05",
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      },
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        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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        "modifier": "Early expansion",
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        "direction": 15.205751,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 1162980.1,
        "trend": 22.751667,
        "fair_value": 30.792605,
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 1230266.3,
        "trend": 22.801667,
        "fair_value": 30.707349,
        "relative_strength": -26.374576,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.729789,
        "energy": 16.6548,
        "activity_lines": [
          23.0,
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      },
      {
        "date": "2026-07-24",
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        "volume": 192236,
        "typical_volume": 1217961.55,
        "trend": 22.798333,
        "fair_value": 30.613118,
        "relative_strength": -31.263955,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.772453,
        "energy": 24.418107,
        "activity_lines": [
          22.663333,
          24.255454,
          25.134286,
          24.027527
        ]
      },
      {
        "date": "2026-07-31",
        "close": 21.549999,
        "volume": 346209,
        "typical_volume": 1219051.65,
        "trend": 22.78,
        "fair_value": 30.509592,
        "relative_strength": -32.401317,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.527838,
        "energy": 37.727193,
        "activity_lines": [
          22.31,
          23.465454,
          24.895,
          23.946989
        ]
      },
      {
        "date": "2026-08-07",
        "close": 21.0,
        "volume": 294507,
        "typical_volume": 1208848.1,
        "trend": 22.72,
        "fair_value": 30.398695,
        "relative_strength": -34.500234,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.695949,
        "energy": 40.029381,
        "activity_lines": [
          21.906666,
          22.741818,
          24.585476,
          23.832151
        ]
      },
      {
        "date": "2026-08-14",
        "close": 23.049999,
        "volume": 317480,
        "typical_volume": 1187847.7,
        "trend": 22.8,
        "fair_value": 30.307669,
        "relative_strength": -29.423649,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.60002,
        "energy": 34.953826,
        "activity_lines": [
          22.213333,
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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."
    }
  }
}