{
  "ticker": {
    "uuid": "8b4a01fc-e576-47d6-ae0f-aae01b1838a7",
    "symbol": "2729",
    "name": "TTFB Company Limited",
    "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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -36.478,
    "architecture_energy": 19.108,
    "architecture_maturity": 100.0,
    "architecture_confidence": 76.896,
    "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": 42.42,
        "rotation_up": 25.73,
        "upward_expansion": 18.1,
        "deceleration": 46.43,
        "rotation_down": 29.3,
        "downward_expansion": 56.76
      },
      "activity_lines": [
        160.066667,
        159.845455,
        160.914286,
        163.011828
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 160.0,
    "trend_reference": 165.9,
    "distance_from_trend": -0.035564,
    "trend_direction": "Weakening",
    "fair_value": 178.417445,
    "distance_from_fair_value": -0.103227,
    "fair_value_direction": "Weakening",
    "relative_strength": -35.414368,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.064327,
    "excess_performance": -0.5057,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.035564,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.034436,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.103227,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.008944,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.354144,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.038346,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.064327,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.393712,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 44843,
      "relative_activity": 0.255545,
      "balance": 0.393712,
      "dry_up": 1.010158,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.034856,
      "annualized_volatility": 0.114419,
      "from_high_reference": -0.185751,
      "from_low_reference": 0.035599
    },
    "levels": {
      "trend_reference": 165.9,
      "fair_value_reference": 178.417445,
      "structural_low": 154.5,
      "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": 20,
        "median_return": 0.005606,
        "positive_rate": 0.55,
        "directional_follow_through": 0.45,
        "median_excess_return": -0.028372,
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        "worst_return": -0.045181,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "worst_return": -0.052023,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.020008,
        "sufficient": false
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    ],
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        "regime": "downward_expansion",
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        "regime": "balance",
        "label": "Balance",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "balance",
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      {
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      {
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        "active": false
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        "regime": "upward_expansion",
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        "date": "2026-05-01",
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        "date": "2026-05-29",
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        "relative_strength": -36.751031,
        "stage": 4,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 188131.85,
        "trend": 167.466667,
        "fair_value": 179.036496,
        "relative_strength": -34.702045,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.858864,
        "energy": 42.196979,
        "activity_lines": [
          158.833333,
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          162.028571,
          164.289247
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      },
      {
        "date": "2026-07-31",
        "close": 161.0,
        "volume": 356466,
        "typical_volume": 199739.1,
        "trend": 166.933333,
        "fair_value": 178.833721,
        "relative_strength": -33.167117,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.069942,
        "energy": 36.777007,
        "activity_lines": [
          159.466667,
          159.863636,
          161.680952,
          163.872043
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      },
      {
        "date": "2026-08-07",
        "close": 160.0,
        "volume": 126633,
        "typical_volume": 187417.8,
        "trend": 166.4,
        "fair_value": 178.632921,
        "relative_strength": -34.123698,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.899726,
        "energy": 30.852085,
        "activity_lines": [
          159.766667,
          159.863636,
          161.266667,
          163.424731
        ]
      },
      {
        "date": "2026-08-14",
        "close": 160.0,
        "volume": 44843,
        "typical_volume": 175480.05,
        "trend": 165.9,
        "fair_value": 178.417445,
        "relative_strength": -35.414368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.478277,
        "energy": 19.108186,
        "activity_lines": [
          160.066667,
          159.845455,
          160.914286,
          163.011828
        ]
      }
    ],
    "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."
    }
  }
}