{
  "ticker": {
    "uuid": "ade10307-4829-4038-832d-3a2368e628c5",
    "symbol": "3218",
    "name": "Universal Vision Biotechnology 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 87.11,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "up",
    "architecture_direction": 29.719,
    "architecture_energy": 13.991,
    "architecture_maturity": 33.334,
    "architecture_confidence": 38.107,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 59.91,
        "rotation_up": 34.7,
        "upward_expansion": 59.38,
        "deceleration": 59.48,
        "rotation_down": 24.35,
        "downward_expansion": 16.38
      },
      "activity_lines": [
        136.366667,
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        135.328571,
        134.410378
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 134.0,
    "trend_reference": 133.917179,
    "distance_from_trend": 0.000618,
    "trend_direction": "Weakening",
    "fair_value": 196.357147,
    "distance_from_fair_value": -0.31757,
    "fair_value_direction": "Improving",
    "relative_strength": -32.5863,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.024857,
    "excess_performance": -0.416515,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.000618,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.004631,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.31757,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.084755,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.325863,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.13439,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.024857,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.802344,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2095181,
      "relative_activity": 1.410188,
      "balance": 0.802344,
      "dry_up": 0.993701,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.071757,
      "annualized_volatility": 0.277627,
      "from_high_reference": -0.317584,
      "from_low_reference": 0.098361
    },
    "levels": {
      "trend_reference": 133.917179,
      "fair_value_reference": 196.357147,
      "structural_low": 122.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": -0.0204,
        "positive_rate": 0.35,
        "directional_follow_through": 0.35,
        "median_excess_return": 0.000134,
        "regime_survival": 0.55,
        "best_return": 0.091549,
        "worst_return": -0.160377,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.016588,
        "positive_rate": 0.3,
        "directional_follow_through": 0.3,
        "median_excess_return": -0.105502,
        "regime_survival": 0.4,
        "best_return": 0.210037,
        "worst_return": -0.233251,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.042994,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "positive_rate": 0.5,
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        "median_excess_return": -0.222109,
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        "worst_return": -0.326623,
        "sufficient": false
      }
    ],
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        "regime": "downward_expansion",
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        "regime": "rotation_up",
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        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 28.752886,
        "activity_lines": [
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      },
      {
        "date": "2026-04-24",
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        "typical_volume": 905486.45,
        "trend": 135.95978,
        "fair_value": 216.316848,
        "relative_strength": -46.282799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 1083472.9,
        "trend": 135.028793,
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        "relative_strength": -45.180866,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 1134569.15,
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      },
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        "date": "2026-05-22",
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        "trend": 134.503041,
        "fair_value": 211.271766,
        "relative_strength": -44.679988,
        "stage": 4,
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        "gate": "down",
        "direction": -41.067566,
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      },
      {
        "date": "2026-05-29",
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        "volume": 2357003,
        "typical_volume": 1267861.3,
        "trend": 134.540165,
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        "modifier": "Balance after decline",
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        ]
      },
      {
        "date": "2026-06-05",
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        "typical_volume": 1304886.0,
        "trend": 134.540225,
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        "relative_strength": -44.1888,
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      },
      {
        "date": "2026-06-12",
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        "volume": 1315511,
        "typical_volume": 1322440.85,
        "trend": 134.776296,
        "fair_value": 207.614967,
        "relative_strength": -41.833086,
        "stage": 4,
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        "modifier": "Balance after decline",
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        "energy": 11.839538,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 1326990.9,
        "trend": 134.270068,
        "fair_value": 206.283256,
        "relative_strength": -44.143099,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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      },
      {
        "date": "2026-06-26",
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        "stage": 4,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 203.696744,
        "relative_strength": -38.736978,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.683014,
        "energy": 18.938786,
        "activity_lines": [
          135.666667,
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      },
      {
        "date": "2026-07-10",
        "close": 141.0,
        "volume": 1721730,
        "typical_volume": 1425680.2,
        "trend": 134.049159,
        "fair_value": 202.362975,
        "relative_strength": -35.699734,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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      },
      {
        "date": "2026-07-17",
        "close": 134.0,
        "volume": 1183535,
        "typical_volume": 1443835.75,
        "trend": 134.078822,
        "fair_value": 201.095159,
        "relative_strength": -33.733283,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.749985,
        "energy": 18.032438,
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      },
      {
        "date": "2026-07-24",
        "close": 137.0,
        "volume": 1109517,
        "typical_volume": 1419867.4,
        "trend": 134.098347,
        "fair_value": 199.91782,
        "relative_strength": -32.416788,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.70772,
        "energy": 26.368138,
        "activity_lines": [
          137.166667,
          136.309091,
          134.541916,
          133.968977
        ]
      },
      {
        "date": "2026-07-31",
        "close": 132.5,
        "volume": 1241718,
        "typical_volume": 1411536.25,
        "trend": 133.952137,
        "fair_value": 198.716911,
        "relative_strength": -32.285108,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.619486,
        "energy": 4.619048,
        "activity_lines": [
          135.733333,
          135.736364,
          134.448277,
          133.865858
        ]
      },
      {
        "date": "2026-08-07",
        "close": 142.5,
        "volume": 1459132,
        "typical_volume": 1438860.7,
        "trend": 134.107793,
        "fair_value": 197.532608,
        "relative_strength": -27.447573,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 56.84712,
        "energy": 25.151643,
        "activity_lines": [
          137.5,
          136.954545,
          135.316667,
          134.417333
        ]
      },
      {
        "date": "2026-08-14",
        "close": 134.0,
        "volume": 2095181,
        "typical_volume": 1485745.65,
        "trend": 133.917179,
        "fair_value": 196.357147,
        "relative_strength": -32.5863,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 29.718797,
        "energy": 13.99101,
        "activity_lines": [
          136.366667,
          136.545455,
          135.328571,
          134.410378
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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."
    }
  }
}