{
  "ticker": {
    "uuid": "9a27ad8d-68f2-4cbc-81a6-d2d73eb2a254",
    "symbol": "2745",
    "name": "Life Travel & Tourist Service 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -72.598,
    "architecture_energy": 80.026,
    "architecture_maturity": 10.698,
    "architecture_confidence": 78.598,
    "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": 11.5,
        "rotation_up": 8.17,
        "upward_expansion": 17.61,
        "deceleration": 37.03,
        "rotation_down": 80.16,
        "downward_expansion": 93.28
      },
      "activity_lines": [
        89.35152,
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        94.381766,
        95.089636
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 88.099998,
    "trend_reference": 96.15047,
    "distance_from_trend": -0.083728,
    "trend_direction": "Weakening",
    "fair_value": 90.337345,
    "distance_from_fair_value": -0.024767,
    "fair_value_direction": "Weakening",
    "relative_strength": -37.203061,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.116104,
    "excess_performance": -0.557476,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.083728,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.022912,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.024767,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.080865,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.372031,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.029462,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.116104,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.79377,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 413155,
      "relative_activity": 0.39732,
      "balance": 0.79377,
      "dry_up": 0.818866,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.046067,
      "annualized_volatility": 0.171355,
      "from_high_reference": -0.264374,
      "from_low_reference": 0.048809
    },
    "levels": {
      "trend_reference": 96.15047,
      "fair_value_reference": 90.337345,
      "structural_low": 84.0,
      "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": 13,
        "median_return": 0.02451,
        "positive_rate": 0.692308,
        "directional_follow_through": 0.307692,
        "median_excess_return": -0.021673,
        "regime_survival": 0.692308,
        "best_return": 0.26183,
        "worst_return": -0.033493,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.141791,
        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.121665,
        "regime_survival": 0.2,
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        "worst_return": -0.028436,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.380367,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.457442,
        "regime_survival": 0.0,
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        "worst_return": 0.014218,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "directional_follow_through": 0.0,
        "median_excess_return": 1.738828,
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        "best_return": 2.158153,
        "worst_return": 0.38731,
        "sufficient": false
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    ],
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        "regime": "deceleration",
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        "color": "amber",
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        "tenure": "Developing",
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        "active": false
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        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-23",
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        "return": -0.123596,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
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      {
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        "active": false
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        "active": false
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        "date": "2026-05-01",
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      },
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        "stage": 4,
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        "energy": 23.488799,
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      },
      {
        "date": "2026-07-31",
        "close": 87.599998,
        "volume": 1041098,
        "typical_volume": 1053178.85,
        "trend": 96.985891,
        "fair_value": 90.218856,
        "relative_strength": -35.942791,
        "stage": 4,
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        "modifier": "Balance after decline",
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        "energy": 60.786414,
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      },
      {
        "date": "2026-08-07",
        "close": 88.5,
        "volume": 547150,
        "typical_volume": 1051161.5,
        "trend": 96.598026,
        "fair_value": 90.249859,
        "relative_strength": -35.846637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.277141,
        "energy": 76.405274,
        "activity_lines": [
          90.861811,
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          95.102104,
          95.637896
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      },
      {
        "date": "2026-08-14",
        "close": 88.099998,
        "volume": 413155,
        "typical_volume": 1039853.25,
        "trend": 96.15047,
        "fair_value": 90.337345,
        "relative_strength": -37.203061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.597708,
        "energy": 80.025678,
        "activity_lines": [
          89.35152,
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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."
    }
  }
}