{
  "ticker": {
    "uuid": "8e723765-6862-482e-b564-a0452abb4eea",
    "symbol": "3078",
    "name": "Channel Well Technology 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": 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": -53.925,
    "architecture_energy": 34.667,
    "architecture_maturity": 82.446,
    "architecture_confidence": 95.619,
    "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": 25.79,
        "rotation_up": 19.42,
        "upward_expansion": 3.57,
        "deceleration": 51.19,
        "rotation_down": 52.07,
        "downward_expansion": 76.9
      },
      "activity_lines": [
        53.133332,
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        55.434624
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": -0.666667
    },
    "latest_close": 53.099998,
    "trend_reference": 57.15,
    "distance_from_trend": -0.070866,
    "trend_direction": "Weakening",
    "fair_value": 69.166598,
    "distance_from_fair_value": -0.232288,
    "fair_value_direction": "Weakening",
    "relative_strength": -44.317581,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.129508,
    "excess_performance": -0.57088,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.070866,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.090016,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.232288,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.004095,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.443176,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.065105,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.129508,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.586366,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3564722,
      "relative_activity": 0.620181,
      "balance": 0.586366,
      "dry_up": 0.581896,
      "accumulation_observations": 3,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.066276,
      "annualized_volatility": 0.26751,
      "from_high_reference": -0.427751,
      "from_low_reference": 0.069486
    },
    "levels": {
      "trend_reference": 57.15,
      "fair_value_reference": 69.166598,
      "structural_low": 49.650002,
      "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": 34,
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        "positive_rate": 0.352941,
        "directional_follow_through": 0.647059,
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        "worst_return": -0.132948,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "worst_return": -0.159944,
        "sufficient": true
      },
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        "horizon": "Extended",
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        "positive_rate": 0.333333,
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        "sufficient": true
      },
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        "horizon": "Full cycle",
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        "worst_return": -0.237074,
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      {
        "regime": "deceleration",
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      },
      {
        "regime": "upward_expansion",
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        "tenure": "Developing",
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      },
      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "balance",
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      },
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        "regime": "downward_expansion",
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      {
        "regime": "rotation_up",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 5997819.3,
        "trend": 58.153334,
        "fair_value": 69.379391,
        "relative_strength": -43.948655,
        "stage": 4,
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        "modifier": "Established contraction",
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        "direction": -59.183377,
        "energy": 39.031563,
        "activity_lines": [
          53.22,
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      },
      {
        "date": "2026-08-07",
        "close": 54.099998,
        "volume": 2713807,
        "typical_volume": 5856981.4,
        "trend": 57.63,
        "fair_value": 69.275091,
        "relative_strength": -42.573093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.772426,
        "energy": 41.270969,
        "activity_lines": [
          53.266666,
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      },
      {
        "date": "2026-08-14",
        "close": 53.099998,
        "volume": 3564722,
        "typical_volume": 5747870.0,
        "trend": 57.15,
        "fair_value": 69.166598,
        "relative_strength": -44.317581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.925178,
        "energy": 34.667211,
        "activity_lines": [
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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."
    }
  }
}