{
  "ticker": {
    "uuid": "7dbc6559-c276-46a5-9040-1e536a9d9d03",
    "symbol": "6878",
    "name": "O'Pay Electronic Payment 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 74.282,
    "architecture_energy": 86.828,
    "architecture_maturity": 24.0,
    "architecture_confidence": 83.254,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 20.36,
        "rotation_up": 79.23,
        "upward_expansion": 93.82,
        "deceleration": 44.93,
        "rotation_down": 10.76,
        "downward_expansion": 22.82
      },
      "activity_lines": [
        24.07,
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        15.583762,
        14.197075
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 26.0,
    "trend_reference": 13.096,
    "distance_from_trend": 0.985339,
    "trend_direction": "Improving",
    "fair_value": 18.88,
    "distance_from_fair_value": 0.377119,
    "fair_value_direction": "Improving",
    "relative_strength": 28.094262,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.850534,
    "excess_performance": 0.409162,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.985339,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.02929,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.377119,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.892708,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.280943,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.829957,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.850534,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.149212,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 513461,
      "relative_activity": 0.992055,
      "balance": 3.149212,
      "dry_up": 2.994856,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.186893,
      "annualized_volatility": 1.360788,
      "from_high_reference": -0.345912,
      "from_low_reference": 2.073286
    },
    "levels": {
      "trend_reference": 13.096,
      "fair_value_reference": 18.88,
      "structural_low": 8.46,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.013168,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.007249,
        "regime_survival": 0.5,
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        "worst_return": -0.152542,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
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        "regime_survival": 0.0,
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        "worst_return": -0.206215,
        "sufficient": false
      },
      {
        "horizon": "Extended",
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        "sufficient": false
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      {
        "horizon": "Full cycle",
        "sample_count": 1,
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        "worst_return": -0.186321,
        "sufficient": false
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        "end": "2024-09-20",
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        "trend": 13.433333,
        "fair_value": 20.333974,
        "relative_strength": -54.901408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.011999,
        "energy": 52.736043,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "fair_value": 20.200962,
        "relative_strength": -53.396781,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.603176,
        "energy": 46.382498,
        "activity_lines": [
          10.13,
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          11.950538
        ]
      },
      {
        "date": "2026-05-29",
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        "typical_volume": 163203.4,
        "trend": 12.985,
        "fair_value": 20.066667,
        "relative_strength": -56.033406,
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        "modifier": "Established contraction",
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        "energy": 45.974433,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "volume": 369411,
        "typical_volume": 179768.6,
        "trend": 12.723333,
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        "relative_strength": -55.764216,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 44.893596,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 194970,
        "typical_volume": 186914.0,
        "trend": 12.456667,
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        "relative_strength": -55.370386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.854762,
        "energy": 44.730772,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "volume": 153511,
        "typical_volume": 187973.85,
        "trend": 12.226667,
        "fair_value": 19.594231,
        "relative_strength": -57.207074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 46.724149,
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 189000.5,
        "trend": 12.066,
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        "stage": 4,
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      },
      {
        "date": "2026-07-03",
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        "volume": 73562,
        "typical_volume": 192500.4,
        "trend": 11.902667,
        "fair_value": 19.286731,
        "relative_strength": -55.791517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.877795,
        "energy": 45.867405,
        "activity_lines": [
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          10.18081,
          10.853591
        ]
      },
      {
        "date": "2026-07-10",
        "close": 9.6,
        "volume": 9646,
        "typical_volume": 192038.45,
        "trend": 11.722667,
        "fair_value": 19.145705,
        "relative_strength": -53.50649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.146209,
        "energy": 54.26578,
        "activity_lines": [
          9.632667,
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          10.705032
        ]
      },
      {
        "date": "2026-07-17",
        "close": 19.0,
        "volume": 962227,
        "typical_volume": 229060.25,
        "trend": 11.856,
        "fair_value": 19.062372,
        "relative_strength": -1.18238,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 44.14652,
        "energy": 48.922454,
        "activity_lines": [
          12.750667,
          11.416545,
          10.895524,
          11.174538
        ]
      },
      {
        "date": "2026-07-24",
        "close": 25.049999,
        "volume": 2804815,
        "typical_volume": 363358.5,
        "trend": 12.192667,
        "fair_value": 19.022628,
        "relative_strength": 27.857137,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 59.559243,
        "energy": 78.043496,
        "activity_lines": [
          17.265333,
          14.018727,
          12.253714,
          12.025763
        ]
      },
      {
        "date": "2026-07-31",
        "close": 17.450001,
        "volume": 510327,
        "typical_volume": 381866.45,
        "trend": 12.284333,
        "fair_value": 18.932564,
        "relative_strength": -8.885341,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 58.506635,
        "energy": 75.889959,
        "activity_lines": [
          18.216667,
          14.962727,
          12.821905,
          12.364946
        ]
      },
      {
        "date": "2026-08-07",
        "close": 27.4,
        "volume": 2371627,
        "typical_volume": 495435.8,
        "trend": 12.717667,
        "fair_value": 18.905,
        "relative_strength": 39.497988,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.603778,
        "energy": 88.071782,
        "activity_lines": [
          21.97,
          17.584909,
          14.307,
          13.340151
        ]
      },
      {
        "date": "2026-08-14",
        "close": 26.0,
        "volume": 513461,
        "typical_volume": 517573.3,
        "trend": 13.096,
        "fair_value": 18.88,
        "relative_strength": 28.094262,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.282023,
        "energy": 86.828044,
        "activity_lines": [
          24.07,
          19.637091,
          15.583762,
          14.197075
        ]
      }
    ],
    "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."
    }
  }
}