{
  "ticker": {
    "uuid": "afdfc05a-519c-4970-ac72-95f56ceb3982",
    "symbol": "4188",
    "name": "AmCad BioMed 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": 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -60.3,
    "architecture_energy": 51.207,
    "architecture_maturity": 91.169,
    "architecture_confidence": 94.348,
    "architecture_tenure": "Extended",
    "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": 17.1,
        "rotation_up": 21.71,
        "upward_expansion": 7.8,
        "deceleration": 56.67,
        "rotation_down": 54.45,
        "downward_expansion": 78.8
      },
      "activity_lines": [
        9.94,
        10.137273,
        10.561905,
        11.083656
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 10.05,
    "trend_reference": 11.911667,
    "distance_from_trend": -0.156289,
    "trend_direction": "Weakening",
    "fair_value": 19.641986,
    "distance_from_fair_value": -0.488341,
    "fair_value_direction": "Weakening",
    "relative_strength": -48.539779,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.276978,
    "excess_performance": -0.71835,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.156289,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.121451,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.488341,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.056938,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.485398,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.005607,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.276978,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.191284,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 121000,
      "relative_activity": 0.591517,
      "balance": 0.191284,
      "dry_up": 0.738617,
      "accumulation_observations": 0,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.079602,
      "annualized_volatility": 0.245598,
      "from_high_reference": -0.415698,
      "from_low_reference": 0.109272
    },
    "levels": {
      "trend_reference": 11.911667,
      "fair_value_reference": 19.641986,
      "structural_low": 9.06,
      "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": 31,
        "median_return": -0.022173,
        "positive_rate": 0.322581,
        "directional_follow_through": 0.645161,
        "median_excess_return": -0.032474,
        "regime_survival": 0.806452,
        "best_return": 0.189964,
        "worst_return": -0.244382,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.060674,
        "positive_rate": 0.272727,
        "directional_follow_through": 0.727273,
        "median_excess_return": -0.094354,
        "regime_survival": 0.727273,
        "best_return": 0.114865,
        "worst_return": -0.275779,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.12426,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.209533,
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        "best_return": 0.094595,
        "worst_return": -0.277512,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.114117,
        "regime_survival": 0.75,
        "best_return": 0.453488,
        "worst_return": -0.414729,
        "sufficient": false
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        "color": "green",
        "start": "2023-09-29",
        "end": "2023-10-06",
        "tenure": "New",
        "return": 0.030952,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2023-11-03",
        "tenure": "New",
        "return": 0.281395,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
        "return": 0.063745,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "active": false
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        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-04-19",
        "tenure": "Developing",
        "return": -0.17479,
        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2024-05-17",
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        "return": -0.029466,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.044574,
        "active": false
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        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "active": false
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        "regime": "downward_expansion",
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        "regime": "balance",
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      },
      {
        "date": "2026-05-08",
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        "fair_value": 20.347435,
        "relative_strength": -47.890856,
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      },
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        "date": "2026-05-15",
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        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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      },
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        "date": "2026-06-05",
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        "date": "2026-06-19",
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      },
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        "date": "2026-07-03",
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      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "trend": 12.556667,
        "fair_value": 19.951281,
        "relative_strength": -49.470475,
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        "gate": "down",
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      },
      {
        "date": "2026-07-24",
        "close": 10.1,
        "volume": 122130,
        "typical_volume": 208187.0,
        "trend": 12.393333,
        "fair_value": 19.903525,
        "relative_strength": -48.68837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.494219,
        "energy": 56.467596,
        "activity_lines": [
          10.313333,
          10.480909,
          10.966667,
          11.538925
        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.45,
        "volume": 212082,
        "typical_volume": 208634.3,
        "trend": 12.21,
        "fair_value": 19.820512,
        "relative_strength": -50.460723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.723841,
        "energy": 63.913593,
        "activity_lines": [
          9.99,
          10.261818,
          10.77619,
          11.349032
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.1,
        "volume": 149150,
        "typical_volume": 204661.75,
        "trend": 12.053333,
        "fair_value": 19.724999,
        "relative_strength": -47.367221,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.173732,
        "energy": 56.501769,
        "activity_lines": [
          9.94,
          10.194545,
          10.664524,
          11.212903
        ]
      },
      {
        "date": "2026-08-14",
        "close": 10.05,
        "volume": 121000,
        "typical_volume": 204558.75,
        "trend": 11.911667,
        "fair_value": 19.641986,
        "relative_strength": -48.539779,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.299589,
        "energy": 51.206614,
        "activity_lines": [
          9.94,
          10.137273,
          10.561905,
          11.083656
        ]
      }
    ],
    "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."
    }
  }
}