{
  "ticker": {
    "uuid": "724ab386-8e31-40d3-979d-66bbfa53f0d7",
    "symbol": "5547",
    "name": "Jioushun Construction 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": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 76.37,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 26.182,
    "architecture_energy": 22.946,
    "architecture_maturity": 23.321,
    "architecture_confidence": 43.937,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 44.35,
        "rotation_up": 44.47,
        "upward_expansion": 46.83,
        "deceleration": 47.74,
        "rotation_down": 25.73,
        "downward_expansion": 9.83
      },
      "activity_lines": [
        19.876667,
        19.852742,
        19.474012,
        19.404793
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 19.85,
    "trend_reference": 19.650108,
    "distance_from_trend": 0.010173,
    "trend_direction": "Weakening",
    "fair_value": 17.22855,
    "distance_from_fair_value": 0.152157,
    "fair_value_direction": "Improving",
    "relative_strength": -31.125448,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.00726,
    "excess_performance": -0.434112,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.010173,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.030278,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.152157,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.050739,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.311254,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.087718,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.00726,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.009711,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 133080,
      "relative_activity": 0.562263,
      "balance": 3.009711,
      "dry_up": 0.441558,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.033852,
      "annualized_volatility": 0.137577,
      "from_high_reference": -0.184599,
      "from_low_reference": 0.108711
    },
    "levels": {
      "trend_reference": 19.650108,
      "fair_value_reference": 17.22855,
      "structural_low": 17.903678,
      "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": 5,
        "median_return": -0.013514,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.002427,
        "regime_survival": 0.2,
        "best_return": 0.048352,
        "worst_return": -0.048281,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.00457,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.017989,
        "regime_survival": 0.0,
        "best_return": 0.303124,
        "worst_return": -0.108549,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.09891,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.094683,
        "regime_survival": 0.25,
        "best_return": 0.226134,
        "worst_return": -0.14274,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.049976,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.24628,
        "regime_survival": 0.0,
        "best_return": 0.116037,
        "worst_return": -0.123855,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-31",
        "end": "2024-08-30",
        "tenure": "Established",
        "return": -0.013514,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-06",
        "end": "2024-09-20",
        "tenure": "New",
        "return": -0.046083,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2025-01-24",
        "tenure": "Established",
        "return": 0.037291,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-07",
        "end": "2025-02-14",
        "tenure": "New",
        "return": -0.02,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-21",
        "end": "2025-06-13",
        "tenure": "Established",
        "return": 0.08326,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-06-20",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.087439,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.018366,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": -0.036403,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-31",
        "end": "2025-11-14",
        "tenure": "New",
        "return": 0.057082,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2025-11-28",
        "tenure": "New",
        "return": 0.018219,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-05",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": -0.104839,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-06",
        "end": "2026-03-13",
        "tenure": "New",
        "return": 0.024444,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-20",
        "end": "2026-07-10",
        "tenure": "Established",
        "return": 0.032054,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-17",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.002513,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
        "close": 11.637334,
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        "typical_volume": 64451.45,
        "trend": 12.364767,
        "fair_value": 12.424011,
        "relative_strength": -12.503691,
        "stage": 3,
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      },
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "relative_strength": -29.649362,
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        "modifier": "Structural repair",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 275240.7,
        "trend": 19.899621,
        "fair_value": 17.077103,
        "relative_strength": -30.390001,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.879553,
        "energy": 48.604179,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 20.4,
        "volume": 123276,
        "typical_volume": 250032.4,
        "trend": 19.858322,
        "fair_value": 17.129278,
        "relative_strength": -26.869345,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.656529,
        "energy": 57.397656,
        "activity_lines": [
          20.109049,
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      },
      {
        "date": "2026-08-07",
        "close": 19.5,
        "volume": 114667,
        "typical_volume": 242870.05,
        "trend": 19.7584,
        "fair_value": 17.179013,
        "relative_strength": -30.939542,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.576108,
        "energy": 28.029394,
        "activity_lines": [
          19.923333,
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        ]
      },
      {
        "date": "2026-08-14",
        "close": 19.85,
        "volume": 133080,
        "typical_volume": 236686.4,
        "trend": 19.650108,
        "fair_value": 17.22855,
        "relative_strength": -31.125448,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.181576,
        "energy": 22.946193,
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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."
    }
  }
}