{
  "ticker": {
    "uuid": "9c38cda5-c9ce-4964-90d5-983c09482c96",
    "symbol": "3455",
    "name": "Utechzone 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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 12.563,
    "architecture_energy": 19.075,
    "architecture_maturity": 55.092,
    "architecture_confidence": 64.599,
    "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": 53.4,
        "rotation_up": 23.79,
        "upward_expansion": 45.94,
        "deceleration": 72.68,
        "rotation_down": 40.6,
        "downward_expansion": 35.28
      },
      "activity_lines": [
        198.233333,
        208.172727,
        220.461905,
        208.724731
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 230.0,
    "trend_reference": 186.4,
    "distance_from_trend": 0.233906,
    "trend_direction": "Improving",
    "fair_value": 108.48741,
    "distance_from_fair_value": 1.120062,
    "fair_value_direction": "Weakening",
    "relative_strength": 19.774103,
    "relative_strength_direction": "Weakening",
    "price_momentum": 1.090909,
    "excess_performance": 0.649537,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.233906,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.275286,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.120062,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.655395,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.197741,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.447931,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.090909,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.49729,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8090070,
      "relative_activity": 0.754465,
      "balance": 0.49729,
      "dry_up": 0.569975,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.189799,
      "annualized_volatility": 0.874456,
      "from_high_reference": -0.286822,
      "from_low_reference": 1.791262
    },
    "levels": {
      "trend_reference": 186.4,
      "fair_value_reference": 108.48741,
      "structural_low": 102.5,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": -0.025588,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.02171,
        "regime_survival": 0.5,
        "best_return": 0.101266,
        "worst_return": -0.151242,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.026895,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.018369,
        "regime_survival": 0.0,
        "best_return": 1.037975,
        "worst_return": -0.147122,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.06,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.121788,
        "regime_survival": 0.0,
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        "worst_return": -0.120861,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.081577,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.144578,
        "regime_survival": 0.0,
        "best_return": 0.146922,
        "worst_return": -0.239894,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
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        "color": "green",
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        "end": "2024-11-29",
        "tenure": "Established",
        "return": -0.083333,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-01-17",
        "tenure": "Developing",
        "return": -0.091667,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-24",
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        "tenure": "Established",
        "return": -0.040374,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "tenure": "New",
        "return": -0.047393,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-10-03",
        "tenure": "New",
        "return": 0.004315,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
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      {
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
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      {
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      {
        "regime": "deceleration",
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        "active": true
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      },
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        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 11687911.8,
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        "fair_value": 106.615539,
        "relative_strength": -9.46765,
        "stage": 3,
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      },
      {
        "date": "2026-08-07",
        "close": 190.0,
        "volume": 4493866,
        "typical_volume": 10817530.95,
        "trend": 182.416667,
        "fair_value": 107.420747,
        "relative_strength": 3.023332,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.951525,
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      },
      {
        "date": "2026-08-14",
        "close": 230.0,
        "volume": 8090070,
        "typical_volume": 10722918.1,
        "trend": 186.4,
        "fair_value": 108.48741,
        "relative_strength": 19.774103,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
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        "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."
    }
  }
}