{
  "ticker": {
    "uuid": "8f4babb9-5736-4111-bbfc-75be7a0f5a16",
    "symbol": "4935",
    "name": "Global Lighting Technologies Inc.",
    "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": "2026-08-21",
    "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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -61.412,
    "architecture_energy": 46.722,
    "architecture_maturity": 11.017,
    "architecture_confidence": 83.134,
    "architecture_tenure": "New",
    "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": 20.49,
        "rotation_up": 13.5,
        "upward_expansion": 7.39,
        "deceleration": 43.4,
        "rotation_down": 66.57,
        "downward_expansion": 85.39
      },
      "activity_lines": [
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        36.363401
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 34.450001,
    "trend_reference": 36.755141,
    "distance_from_trend": -0.062716,
    "trend_direction": "Weakening",
    "fair_value": 46.464792,
    "distance_from_fair_value": -0.258578,
    "fair_value_direction": "Weakening",
    "relative_strength": -36.455207,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.086238,
    "excess_performance": -0.43197,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": false,
        "value": -0.062716,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.037613,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.258578,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.019136,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.364552,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.035169,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.086238,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.548372,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 331090,
      "relative_activity": 0.537367,
      "balance": 1.548372,
      "dry_up": 0.678664,
      "accumulation_observations": 3,
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      "range_context": 0.069385,
      "annualized_volatility": 0.305298,
      "from_high_reference": -0.34025,
      "from_low_reference": 0.023774
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    "levels": {
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      "fair_value_reference": 46.464792,
      "structural_low": 33.650002,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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        "sample_count": 34,
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        "positive_rate": 0.441176,
        "directional_follow_through": 0.558824,
        "median_excess_return": -0.028753,
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        "sufficient": true
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      },
      {
        "date": "2026-05-01",
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      },
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-06-05",
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      },
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      },
      {
        "date": "2026-07-17",
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      },
      {
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      },
      {
        "date": "2026-07-31",
        "close": 34.900002,
        "volume": 560024,
        "typical_volume": 637725.5,
        "trend": 37.250065,
        "fair_value": 46.694952,
        "relative_strength": -35.198964,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
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          35.356668,
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          36.713267,
          36.822872
        ]
      },
      {
        "date": "2026-08-07",
        "close": 34.799999,
        "volume": 505010,
        "typical_volume": 634264.35,
        "trend": 37.083539,
        "fair_value": 46.621845,
        "relative_strength": -36.133263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.494884,
        "energy": 56.817865,
        "activity_lines": [
          35.030001,
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          36.532959,
          36.664804
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      },
      {
        "date": "2026-08-14",
        "close": 34.900002,
        "volume": 276469,
        "typical_volume": 613537.8,
        "trend": 36.938205,
        "fair_value": 46.551689,
        "relative_strength": -37.30611,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.311104,
        "energy": 50.300222,
        "activity_lines": [
          34.930001,
          35.538664,
          36.364162,
          36.52393
        ]
      },
      {
        "date": "2026-08-21",
        "close": 34.450001,
        "volume": 331090,
        "typical_volume": 616134.3,
        "trend": 36.755141,
        "fair_value": 46.464792,
        "relative_strength": -36.455207,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.412056,
        "energy": 46.722266,
        "activity_lines": [
          34.763334,
          35.219391,
          36.165847,
          36.363401
        ]
      }
    ],
    "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."
    }
  }
}