{
  "ticker": {
    "uuid": "73f4216e-9ca7-487a-80e6-219b7822fcff",
    "symbol": "5381",
    "name": "Spectrum Electrics Corporation",
    "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": -55.554,
    "architecture_energy": 58.956,
    "architecture_maturity": 14.354,
    "architecture_confidence": 89.792,
    "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": 31.91,
        "rotation_up": 10.3,
        "upward_expansion": 12.74,
        "deceleration": 37.88,
        "rotation_down": 63.38,
        "downward_expansion": 83.74
      },
      "activity_lines": [
        23.64,
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        26.238457
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 24.049999,
    "trend_reference": 27.625588,
    "distance_from_trend": -0.12943,
    "trend_direction": "Weakening",
    "fair_value": 30.278026,
    "distance_from_fair_value": -0.205695,
    "fair_value_direction": "Weakening",
    "relative_strength": -39.474858,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.187177,
    "excess_performance": -0.628549,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.12943,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.02752,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.205695,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.051541,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.394749,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.010647,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.187177,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.680101,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1529736,
      "relative_activity": 0.184827,
      "balance": 0.680101,
      "dry_up": 0.27728,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.140253,
      "annualized_volatility": 0.521207,
      "from_high_reference": -0.432153,
      "from_low_reference": 0.145238
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    "levels": {
      "trend_reference": 27.625588,
      "fair_value_reference": 30.278026,
      "structural_low": 21.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 19,
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        "positive_rate": 0.421053,
        "directional_follow_through": 0.526316,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.096525,
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      },
      {
        "horizon": "Extended",
        "sample_count": 3,
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        "horizon": "Full cycle",
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      {
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      },
      {
        "date": "2026-07-10",
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      },
      {
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 8749275.0,
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        "relative_strength": -40.437085,
        "stage": 4,
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        "modifier": "Balance after decline",
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        "energy": 31.505176,
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      },
      {
        "date": "2026-07-31",
        "close": 22.6,
        "volume": 2739235,
        "typical_volume": 8586923.9,
        "trend": 27.976275,
        "fair_value": 30.272435,
        "relative_strength": -41.574234,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.513424,
        "energy": 51.947303,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.9,
        "volume": 1487944,
        "typical_volume": 8409356.7,
        "trend": 27.802353,
        "fair_value": 30.273252,
        "relative_strength": -38.77564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.478737,
        "energy": 58.171808,
        "activity_lines": [
          23.696667,
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          25.807759,
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        ]
      },
      {
        "date": "2026-08-14",
        "close": 24.049999,
        "volume": 1529736,
        "typical_volume": 8276599.9,
        "trend": 27.625588,
        "fair_value": 30.278026,
        "relative_strength": -39.474858,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.553695,
        "energy": 58.956421,
        "activity_lines": [
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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."
    }
  }
}