{
  "ticker": {
    "uuid": "88e80da3-012d-4b68-add5-38c8ffd16036",
    "symbol": "8478",
    "name": "Alexander Marine 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": -54.958,
    "architecture_energy": 35.245,
    "architecture_maturity": 70.697,
    "architecture_confidence": 95.379,
    "architecture_tenure": "Extended",
    "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": 29.87,
        "rotation_up": 22.84,
        "upward_expansion": 3.95,
        "deceleration": 50.5,
        "rotation_down": 45.9,
        "downward_expansion": 74.95
      },
      "activity_lines": [
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        150.269134
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 143.5,
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    "distance_from_trend": -0.077986,
    "trend_direction": "Weakening",
    "fair_value": 239.307989,
    "distance_from_fair_value": -0.400354,
    "fair_value_direction": "Improving",
    "relative_strength": -41.886161,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.162387,
    "excess_performance": -0.603759,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.077986,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.081534,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.400354,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.038719,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.418862,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.012849,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.162387,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.625196,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 775463,
      "relative_activity": 0.769241,
      "balance": 0.625196,
      "dry_up": 0.782837,
      "accumulation_observations": 3,
      "distribution_observations": 2
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    "risk": {
      "range_context": 0.058346,
      "annualized_volatility": 0.261185,
      "from_high_reference": -0.371351,
      "from_low_reference": 0.023432
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    "levels": {
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      "structural_low": 140.214523,
      "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": 24,
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        "positive_rate": 0.291667,
        "directional_follow_through": 0.666667,
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        "sufficient": true
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      {
        "horizon": "Intermediate",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 998633.45,
        "trend": 159.611658,
        "fair_value": 246.413057,
        "relative_strength": -42.304489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.018788,
        "energy": 36.233957,
        "activity_lines": [
          145.191417,
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          149.354783,
          152.89861
        ]
      },
      {
        "date": "2026-07-31",
        "close": 145.478546,
        "volume": 893989,
        "typical_volume": 991472.95,
        "trend": 158.207917,
        "fair_value": 244.036404,
        "relative_strength": -39.424386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.062679,
        "energy": 34.785871,
        "activity_lines": [
          145.191416,
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          148.746344,
          151.986796
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      },
      {
        "date": "2026-08-07",
        "close": 145.0,
        "volume": 736123,
        "typical_volume": 1001929.45,
        "trend": 156.915838,
        "fair_value": 241.674101,
        "relative_strength": -40.130504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.710473,
        "energy": 34.534674,
        "activity_lines": [
          144.680966,
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          148.144741,
          151.134672
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      },
      {
        "date": "2026-08-14",
        "close": 143.5,
        "volume": 775463,
        "typical_volume": 1008089.1,
        "trend": 155.637566,
        "fair_value": 239.307989,
        "relative_strength": -41.886161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.958376,
        "energy": 35.245437,
        "activity_lines": [
          144.21287,
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          150.269134
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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."
    }
  }
}