{
  "ticker": {
    "uuid": "7f13f580-8764-47ee-a80d-cf6747fb881b",
    "symbol": "8463",
    "name": "Ruentex Materials Co.,Ltd.",
    "exchange": "TAI",
    "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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -49.721,
    "architecture_energy": 33.739,
    "architecture_maturity": 62.761,
    "architecture_confidence": 79.211,
    "architecture_tenure": "Established",
    "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": 41.39,
        "rotation_up": 24.31,
        "upward_expansion": 3.95,
        "deceleration": 59.15,
        "rotation_down": 40.76,
        "downward_expansion": 72.62
      },
      "activity_lines": [
        21.196666,
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        21.281024,
        21.725413
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 21.4,
    "trend_reference": 22.658899,
    "distance_from_trend": -0.055559,
    "trend_direction": "Weakening",
    "fair_value": 23.620728,
    "distance_from_fair_value": -0.094016,
    "fair_value_direction": "Improving",
    "relative_strength": -36.798669,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.165272,
    "excess_performance": -0.606644,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.055559,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.059101,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.094016,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.040039,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.367987,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.054787,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.165272,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.775385,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 555100,
      "relative_activity": 1.578985,
      "balance": 0.775385,
      "dry_up": 1.008501,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.034121,
      "annualized_volatility": 0.227676,
      "from_high_reference": -0.208422,
      "from_low_reference": 0.057322
    },
    "levels": {
      "trend_reference": 22.658899,
      "fair_value_reference": 23.620728,
      "structural_low": 20.239818,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 29,
        "median_return": -0.015152,
        "positive_rate": 0.37931,
        "directional_follow_through": 0.586207,
        "median_excess_return": -0.007765,
        "regime_survival": 0.793103,
        "best_return": 0.211796,
        "worst_return": -0.093596,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.043561,
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        "sufficient": true
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      {
        "horizon": "Extended",
        "sample_count": 6,
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        "worst_return": -0.308108,
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        "horizon": "Full cycle",
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        "regime": "balance",
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        "typical_volume": 392652.8,
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        "direction": -38.974849,
        "energy": 28.556345,
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      },
      {
        "date": "2026-07-31",
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        "volume": 323011,
        "typical_volume": 389553.35,
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        "energy": 31.605087,
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      },
      {
        "date": "2026-08-07",
        "close": 20.799999,
        "volume": 335051,
        "typical_volume": 350976.65,
        "trend": 22.806561,
        "fair_value": 23.630131,
        "relative_strength": -37.12754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.145646,
        "energy": 41.191798,
        "activity_lines": [
          21.146666,
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      },
      {
        "date": "2026-08-14",
        "close": 21.4,
        "volume": 555100,
        "typical_volume": 351554.85,
        "trend": 22.658899,
        "fair_value": 23.620728,
        "relative_strength": -36.798669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.721347,
        "energy": 33.738566,
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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."
    }
  }
}