{
  "ticker": {
    "uuid": "9432f529-8973-4ac2-a452-822d72b2876c",
    "symbol": "6474",
    "name": "WFE Technology Corporation",
    "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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 61.638,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 43.937,
    "architecture_energy": 20.387,
    "architecture_maturity": 22.214,
    "architecture_confidence": 46.96,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 43.79,
        "rotation_up": 40.77,
        "upward_expansion": 63.77,
        "deceleration": 57.85,
        "rotation_down": 22.98,
        "downward_expansion": 11.77
      },
      "activity_lines": [
        37.783333,
        37.678182,
        37.735238,
        37.441613
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.0
    },
    "latest_close": 38.799999,
    "trend_reference": 37.011667,
    "distance_from_trend": 0.048318,
    "trend_direction": "Improving",
    "fair_value": 32.972575,
    "distance_from_fair_value": 0.176735,
    "fair_value_direction": "Weakening",
    "relative_strength": -28.951266,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.085315,
    "excess_performance": -0.356057,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.048318,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.010144,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.176735,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.000368,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.289513,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.063298,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.085315,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.944988,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 465307,
      "relative_activity": 1.465328,
      "balance": 0.944988,
      "dry_up": 0.646359,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.043715,
      "annualized_volatility": 0.182672,
      "from_high_reference": -0.189133,
      "from_low_reference": 0.13783
    },
    "levels": {
      "trend_reference": 37.011667,
      "fair_value_reference": 32.972575,
      "structural_low": 34.5,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.000884,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.027599,
        "regime_survival": 0.375,
        "best_return": 0.183432,
        "worst_return": -0.14,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.066327,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.158295,
        "regime_survival": 0.2,
        "best_return": 0.342476,
        "worst_return": -0.08625,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.069748,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.136337,
        "regime_survival": 0.0,
        "best_return": 0.658248,
        "worst_return": -0.108537,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.115905,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.038938,
        "regime_survival": 0.0,
        "best_return": 0.311882,
        "worst_return": -0.080072,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-02-14",
        "tenure": "New",
        "return": 0.048611,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-03-07",
        "tenure": "New",
        "return": 0.136808,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-04-25",
        "tenure": "Developing",
        "return": -0.017442,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.165681,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": 0.090334,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.085366,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.076596,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-28",
        "tenure": "Developing",
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        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-12-12",
        "tenure": "New",
        "return": -0.029371,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "Established",
        "return": 0.071221,
        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "return": 0.094391,
        "active": false
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      {
        "regime": "rotation_up",
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        "color": "teal",
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        "return": 0.005263,
        "active": false
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      {
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        "active": true
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        "typical_volume": 173409.45,
        "trend": 37.533333,
        "fair_value": 32.177517,
        "relative_strength": -33.501055,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 7.087503,
        "energy": 18.030882,
        "activity_lines": [
          36.883333,
          36.42909,
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          36.385806
        ]
      },
      {
        "date": "2026-05-08",
        "close": 40.0,
        "volume": 1225149,
        "typical_volume": 215033.0,
        "trend": 37.4,
        "fair_value": 32.237028,
        "relative_strength": -33.118042,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 46.969878,
        "energy": 54.417561,
        "activity_lines": [
          37.99,
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          36.520714,
          36.544946
        ]
      },
      {
        "date": "2026-05-15",
        "close": 38.0,
        "volume": 410418,
        "typical_volume": 226933.8,
        "trend": 37.2,
        "fair_value": 32.282639,
        "relative_strength": -35.28105,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.211,
        "energy": 55.531782,
        "activity_lines": [
          38.163333,
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          36.583656
        ]
      },
      {
        "date": "2026-05-22",
        "close": 38.25,
        "volume": 210003,
        "typical_volume": 231831.95,
        "trend": 37.028333,
        "fair_value": 32.340372,
        "relative_strength": -35.848023,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.490387,
        "energy": 59.363009,
        "activity_lines": [
          38.32,
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          36.895,
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 37.650002,
        "volume": 515057,
        "typical_volume": 252974.6,
        "trend": 36.783333,
        "fair_value": 32.389135,
        "relative_strength": -39.618073,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.55682,
        "energy": 51.411604,
        "activity_lines": [
          38.183334,
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        ]
      },
      {
        "date": "2026-06-05",
        "close": 38.200001,
        "volume": 431000,
        "typical_volume": 263283.2,
        "trend": 36.64,
        "fair_value": 32.442502,
        "relative_strength": -38.406755,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 55.386039,
        "energy": 36.78012,
        "activity_lines": [
          38.156668,
          37.929091,
          37.171667,
          36.782903
        ]
      },
      {
        "date": "2026-06-12",
        "close": 38.099998,
        "volume": 157352,
        "typical_volume": 253728.65,
        "trend": 36.593333,
        "fair_value": 32.497925,
        "relative_strength": -36.526428,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.294213,
        "energy": 32.14549,
        "activity_lines": [
          38.05,
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      },
      {
        "date": "2026-06-19",
        "close": 37.900002,
        "volume": 288259,
        "typical_volume": 258257.35,
        "trend": 36.556667,
        "fair_value": 32.549908,
        "relative_strength": -39.185413,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.098275,
        "energy": 24.446875,
        "activity_lines": [
          38.003334,
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      },
      {
        "date": "2026-06-26",
        "close": 36.950001,
        "volume": 597335,
        "typical_volume": 279708.85,
        "trend": 36.455,
        "fair_value": 32.595532,
        "relative_strength": -37.350724,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.148534,
        "energy": 17.97841,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-03",
        "close": 37.450001,
        "volume": 190021,
        "typical_volume": 283609.9,
        "trend": 36.478333,
        "fair_value": 32.647868,
        "relative_strength": -38.66218,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.267738,
        "energy": 16.069856,
        "activity_lines": [
          37.543334,
          37.798182,
          37.468572,
          37.050968
        ]
      },
      {
        "date": "2026-07-10",
        "close": 38.75,
        "volume": 337008,
        "typical_volume": 295991.55,
        "trend": 36.578333,
        "fair_value": 32.704221,
        "relative_strength": -33.60529,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.281541,
        "energy": 21.622542,
        "activity_lines": [
          37.886667,
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          37.630953,
          37.197527
        ]
      },
      {
        "date": "2026-07-17",
        "close": 36.650002,
        "volume": 338930,
        "typical_volume": 305835.55,
        "trend": 36.643333,
        "fair_value": 32.746573,
        "relative_strength": -32.170291,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.704262,
        "energy": 11.499161,
        "activity_lines": [
          37.493334,
          37.666364,
          37.582858,
          37.202151
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      },
      {
        "date": "2026-07-24",
        "close": 37.450001,
        "volume": 103537,
        "typical_volume": 300462.4,
        "trend": 36.745,
        "fair_value": 32.796211,
        "relative_strength": -31.081195,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.634571,
        "energy": 7.861574,
        "activity_lines": [
          37.463334,
          37.604546,
          37.610477,
          37.254194
        ]
      },
      {
        "date": "2026-07-31",
        "close": 37.0,
        "volume": 101000,
        "typical_volume": 299649.9,
        "trend": 36.81,
        "fair_value": 32.849978,
        "relative_strength": -30.077152,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.960421,
        "energy": 6.270396,
        "activity_lines": [
          37.313334,
          37.47091,
          37.587143,
          37.270645
        ]
      },
      {
        "date": "2026-08-07",
        "close": 37.549999,
        "volume": 151147,
        "typical_volume": 300857.25,
        "trend": 36.89,
        "fair_value": 32.90727,
        "relative_strength": -29.726976,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.941714,
        "energy": 10.706539,
        "activity_lines": [
          37.343333,
          37.46,
          37.607143,
          37.318387
        ]
      },
      {
        "date": "2026-08-14",
        "close": 38.799999,
        "volume": 465307,
        "typical_volume": 317544.65,
        "trend": 37.011667,
        "fair_value": 32.972575,
        "relative_strength": -28.951266,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.936817,
        "energy": 20.387127,
        "activity_lines": [
          37.783333,
          37.678182,
          37.735238,
          37.441613
        ]
      }
    ],
    "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."
    }
  }
}