{
  "ticker": {
    "uuid": "64f149d0-70c6-47f9-bc99-c6d22ae3c3a5",
    "symbol": "6755",
    "name": "Lian Hong Art. 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -65.6,
    "architecture_energy": 78.126,
    "architecture_maturity": 22.596,
    "architecture_confidence": 91.36,
    "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": 10.44,
        "rotation_up": 11.3,
        "upward_expansion": 18.91,
        "deceleration": 37.05,
        "rotation_down": 74.08,
        "downward_expansion": 94.57
      },
      "activity_lines": [
        13.746667,
        14.479091,
        16.157619,
        16.729462
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 14.1,
    "trend_reference": 17.246666,
    "distance_from_trend": -0.182451,
    "trend_direction": "Weakening",
    "fair_value": 23.071197,
    "distance_from_fair_value": -0.388848,
    "fair_value_direction": "Weakening",
    "relative_strength": -49.041738,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.229508,
    "excess_performance": -0.67088,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.182451,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.074419,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.388848,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.213092,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.490417,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.134375,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.229508,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.434341,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 359293,
      "relative_activity": 0.656724,
      "balance": 0.434341,
      "dry_up": 0.453621,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.127114,
      "annualized_volatility": 0.512654,
      "from_high_reference": -0.555906,
      "from_low_reference": 0.088803
    },
    "levels": {
      "trend_reference": 17.246666,
      "fair_value_reference": 23.071197,
      "structural_low": 12.95,
      "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": 35,
        "median_return": -0.008639,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.542857,
        "median_excess_return": -0.02554,
        "regime_survival": 0.8,
        "best_return": 0.229642,
        "worst_return": -0.169231,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": -0.065257,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.18463,
        "regime_survival": 0.642857,
        "best_return": 0.573066,
        "worst_return": -0.387719,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.025714,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.173994,
        "regime_survival": 0.375,
        "best_return": 0.282348,
        "worst_return": -0.511888,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.206848,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.404493,
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        "best_return": 0.024014,
        "worst_return": -0.374071,
        "sufficient": false
      }
    ],
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        "regime": "rotation_up",
        "label": "Rotation Up",
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        "return": 0.015544,
        "active": false
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-11-29",
        "tenure": "New",
        "return": -0.0125,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-06",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": -0.025974,
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      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "return": -0.08046,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-06-27",
        "tenure": "Established",
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        "active": false
      },
      {
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        "regime": "upward_expansion",
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        "active": false
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        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "return": -0.047264,
        "active": false
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      {
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
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        "date": "2026-06-19",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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      },
      {
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        "typical_volume": 571238.3,
        "trend": 17.888333,
        "fair_value": 23.55782,
        "relative_strength": -47.017433,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "direction": -61.833114,
        "energy": 49.381864,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 14.0,
        "volume": 408851,
        "typical_volume": 575108.05,
        "trend": 17.693333,
        "fair_value": 23.437534,
        "relative_strength": -50.388525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.496295,
        "energy": 57.511365,
        "activity_lines": [
          15.086667,
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          17.340476,
          17.502796
        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.2,
        "volume": 142566,
        "typical_volume": 570260.5,
        "trend": 17.523333,
        "fair_value": 23.312411,
        "relative_strength": -51.613821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.895788,
        "energy": 66.646662,
        "activity_lines": [
          14.34,
          15.218182,
          16.899762,
          17.212903
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      },
      {
        "date": "2026-08-07",
        "close": 13.3,
        "volume": 81992,
        "typical_volume": 555492.5,
        "trend": 17.37,
        "fair_value": 23.18589,
        "relative_strength": -51.294585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.635868,
        "energy": 70.567077,
        "activity_lines": [
          13.8,
          14.725455,
          16.484286,
          16.94043
        ]
      },
      {
        "date": "2026-08-14",
        "close": 14.1,
        "volume": 359293,
        "typical_volume": 547098.6,
        "trend": 17.246666,
        "fair_value": 23.071197,
        "relative_strength": -49.041738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.60021,
        "energy": 78.126183,
        "activity_lines": [
          13.746667,
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          16.157619,
          16.729462
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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."
    }
  }
}