{
  "ticker": {
    "uuid": "65152e31-7e0c-4554-8c24-c62a2a2126a0",
    "symbol": "6827",
    "name": "MegaPro Biomedical 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": -65.831,
    "architecture_energy": 69.601,
    "architecture_maturity": 16.648,
    "architecture_confidence": 84.512,
    "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": 28.06,
        "rotation_up": 9.34,
        "upward_expansion": 15.32,
        "deceleration": 37.31,
        "rotation_down": 76.79,
        "downward_expansion": 93.32
      },
      "activity_lines": [
        10.242667,
        10.772545,
        11.469857,
        11.556925
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 10.15,
    "trend_reference": 11.708333,
    "distance_from_trend": -0.133096,
    "trend_direction": "Weakening",
    "fair_value": 17.427341,
    "distance_from_fair_value": -0.417582,
    "fair_value_direction": "Weakening",
    "relative_strength": -47.281377,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.161157,
    "excess_performance": -0.602529,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.133096,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.062558,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.417582,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.037207,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.472814,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.030403,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.161157,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.64167,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 208548,
      "relative_activity": 0.26525,
      "balance": 0.64167,
      "dry_up": 0.468262,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.118075,
      "annualized_volatility": 0.520367,
      "from_high_reference": -0.468586,
      "from_low_reference": 0.071806
    },
    "levels": {
      "trend_reference": 11.708333,
      "fair_value_reference": 17.427341,
      "structural_low": 9.47,
      "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": 22,
        "median_return": -0.029653,
        "positive_rate": 0.272727,
        "directional_follow_through": 0.727273,
        "median_excess_return": -0.056699,
        "regime_survival": 0.863636,
        "best_return": 0.645,
        "worst_return": -0.322344,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.128564,
        "positive_rate": 0.375,
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        "median_excess_return": -0.168548,
        "regime_survival": 0.625,
        "best_return": 0.566191,
        "worst_return": -0.264706,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.10367,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.384689,
        "regime_survival": 0.5,
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        "worst_return": -0.364629,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "directional_follow_through": 1.0,
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        "worst_return": -0.420319,
        "sufficient": false
      }
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        "active": false
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        "regime": "downward_expansion",
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        "end": "2024-03-01",
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      {
        "regime": "rotation_up",
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      {
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      {
        "regime": "deceleration",
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        "end": "2025-08-15",
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "typical_volume": 758569.5,
        "trend": 13.136333,
        "fair_value": 18.876914,
        "relative_strength": -35.80978,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.4974,
        "energy": 17.676517,
        "activity_lines": [
          12.212,
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        ]
      },
      {
        "date": "2026-05-08",
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        "typical_volume": 700575.3,
        "trend": 13.016333,
        "fair_value": 18.805586,
        "relative_strength": -41.666553,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.374381,
        "energy": 21.886207,
        "activity_lines": [
          12.449333,
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        ]
      },
      {
        "date": "2026-05-15",
        "close": 11.6,
        "volume": 529401,
        "typical_volume": 673246.7,
        "trend": 12.926333,
        "fair_value": 18.720989,
        "relative_strength": -44.241075,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.311129,
        "energy": 18.423637,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-22",
        "close": 13.85,
        "volume": 2275827,
        "typical_volume": 771365.6,
        "trend": 12.799667,
        "fair_value": 18.646282,
        "relative_strength": -34.851461,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 11.941157,
        "energy": 19.248908,
        "activity_lines": [
          12.753333,
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      },
      {
        "date": "2026-05-29",
        "close": 12.7,
        "volume": 871927,
        "typical_volume": 761779.65,
        "trend": 12.619667,
        "fair_value": 18.575384,
        "relative_strength": -43.186313,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.753396,
        "energy": 17.640065,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-06-05",
        "close": 12.9,
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        "typical_volume": 759995.8,
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        "fair_value": 18.48945,
        "relative_strength": -42.440058,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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      },
      {
        "date": "2026-06-12",
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        "volume": 514719,
        "typical_volume": 756731.15,
        "trend": 12.363,
        "fair_value": 18.396235,
        "relative_strength": -44.958113,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.35055,
        "energy": 12.055714,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
        "close": 12.75,
        "volume": 310761,
        "typical_volume": 743768.2,
        "trend": 12.273,
        "fair_value": 18.312664,
        "relative_strength": -43.677974,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.333858,
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
        "close": 12.1,
        "volume": 320604,
        "typical_volume": 725082.0,
        "trend": 12.111333,
        "fair_value": 18.129403,
        "relative_strength": -44.771921,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.39054,
        "energy": 4.632619,
        "activity_lines": [
          12.323333,
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      },
      {
        "date": "2026-07-10",
        "close": 11.4,
        "volume": 832625,
        "typical_volume": 760716.35,
        "trend": 12.061333,
        "fair_value": 18.015419,
        "relative_strength": -45.255963,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.17628,
        "energy": 6.053006,
        "activity_lines": [
          11.986667,
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          12.064043
        ]
      },
      {
        "date": "2026-07-17",
        "close": 10.7,
        "volume": 888861,
        "typical_volume": 795627.55,
        "trend": 11.999667,
        "fair_value": 17.908734,
        "relative_strength": -44.404235,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -33.251942,
        "energy": 25.600929,
        "activity_lines": [
          11.516667,
          11.963636,
          12.039476,
          11.976215
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      },
      {
        "date": "2026-07-24",
        "close": 10.65,
        "volume": 416452,
        "typical_volume": 782135.25,
        "trend": 11.943,
        "fair_value": 17.798706,
        "relative_strength": -45.003687,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.4256,
        "energy": 52.145386,
        "activity_lines": [
          11.116667,
          11.676364,
          11.926667,
          11.88914
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10.35,
        "volume": 492971,
        "typical_volume": 789994.85,
        "trend": 11.883,
        "fair_value": 17.671041,
        "relative_strength": -45.095843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.755373,
        "energy": 62.500075,
        "activity_lines": [
          10.756667,
          11.351818,
          11.789333,
          11.786366
        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.96,
        "volume": 354682,
        "typical_volume": 795715.15,
        "trend": 11.783333,
        "fair_value": 17.546618,
        "relative_strength": -47.638723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.689071,
        "energy": 73.077762,
        "activity_lines": [
          10.396667,
          11.02,
          11.617238,
          11.662301
        ]
      },
      {
        "date": "2026-08-14",
        "close": 10.15,
        "volume": 208548,
        "typical_volume": 786233.05,
        "trend": 11.708333,
        "fair_value": 17.427341,
        "relative_strength": -47.281377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.830601,
        "energy": 69.601425,
        "activity_lines": [
          10.242667,
          10.772545,
          11.469857,
          11.556925
        ]
      }
    ],
    "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."
    }
  }
}