{
  "ticker": {
    "uuid": "86e4a155-a0bc-447b-b9a2-c98d900e085d",
    "symbol": "2252",
    "name": "Cubtek Inc.",
    "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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 78.463,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": -26.101,
    "architecture_energy": 37.666,
    "architecture_maturity": 28.599,
    "architecture_confidence": 57.563,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 42.32,
        "rotation_up": 22.23,
        "upward_expansion": 17.48,
        "deceleration": 43.13,
        "rotation_down": 58.95,
        "downward_expansion": 56.81
      },
      "activity_lines": [
        16.48,
        17.095455,
        17.552619,
        17.622688
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 16.450001,
    "trend_reference": 17.453333,
    "distance_from_trend": -0.057487,
    "trend_direction": "Weakening",
    "fair_value": 27.513461,
    "distance_from_fair_value": -0.402111,
    "fair_value_direction": "Improving",
    "relative_strength": -39.328532,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.057878,
    "excess_performance": -0.383494,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.057487,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.016529,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.402111,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.000743,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.393285,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.061424,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.057878,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.072647,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 376692,
      "relative_activity": 0.22075,
      "balance": 3.072647,
      "dry_up": 0.131933,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.139116,
      "annualized_volatility": 0.592362,
      "from_high_reference": -0.532006,
      "from_low_reference": 0.223048
    },
    "levels": {
      "trend_reference": 17.453333,
      "fair_value_reference": 27.513461,
      "structural_low": 13.45,
      "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": 7,
        "median_return": -0.022663,
        "positive_rate": 0.142857,
        "directional_follow_through": 0.142857,
        "median_excess_return": -0.044516,
        "regime_survival": 0.857143,
        "best_return": 0.137466,
        "worst_return": -0.368738,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.155622,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.302976,
        "regime_survival": 0.5,
        "best_return": 0.061995,
        "worst_return": -0.373239,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.330986,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.34033,
        "regime_survival": 0.0,
        "best_return": -0.330986,
        "worst_return": -0.330986,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.40493,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.785671,
        "regime_survival": 0.0,
        "best_return": -0.40493,
        "worst_return": -0.40493,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-06-09",
        "end": "2023-08-04",
        "tenure": "Developing",
        "return": -0.171348,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-08-11",
        "end": "2023-09-01",
        "tenure": "New",
        "return": -0.089454,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-09-08",
        "end": "2025-01-10",
        "tenure": "Extended",
        "return": -0.418933,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-17",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.121479,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-08-08",
        "tenure": "Established",
        "return": -0.211845,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.009862,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-29",
        "end": "2025-09-19",
        "tenure": "New",
        "return": -0.096838,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-26",
        "end": "2025-10-03",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.153285,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-12-19",
        "tenure": "New",
        "return": -0.01939,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-26",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.123919,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.137466,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2026-05-22",
        "tenure": "New",
        "return": -0.032663,
        "active": false
      },
      {
        "regime": "balance",
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        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.086111,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
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      },
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      },
      {
        "date": "2026-05-01",
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      },
      {
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      },
      {
        "date": "2026-07-24",
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        "volume": 156576,
        "typical_volume": 1872277.6,
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        "fair_value": 28.366987,
        "relative_strength": -35.794034,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
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        "energy": 15.179325,
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          18.073334,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 16.049999,
        "volume": 228777,
        "typical_volume": 1855063.25,
        "trend": 17.53,
        "fair_value": 28.080128,
        "relative_strength": -38.67416,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.294678,
        "energy": 16.510174,
        "activity_lines": [
          17.336667,
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          17.915238,
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      },
      {
        "date": "2026-08-07",
        "close": 16.15,
        "volume": 138485,
        "typical_volume": 1777906.05,
        "trend": 17.481667,
        "fair_value": 27.786218,
        "relative_strength": -39.015693,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.649724,
        "energy": 32.438715,
        "activity_lines": [
          16.74,
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          17.715714,
          17.689247
        ]
      },
      {
        "date": "2026-08-14",
        "close": 16.450001,
        "volume": 376692,
        "typical_volume": 1706419.75,
        "trend": 17.453333,
        "fair_value": 27.513461,
        "relative_strength": -39.328532,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.101229,
        "energy": 37.666381,
        "activity_lines": [
          16.48,
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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."
    }
  }
}