{
  "ticker": {
    "uuid": "b2b87029-b69f-4a0e-b80c-cf6822d6d826",
    "symbol": "3508",
    "name": "Ways Technical Corp., 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": -62.272,
    "architecture_energy": 60.31,
    "architecture_maturity": 66.616,
    "architecture_confidence": 91.442,
    "architecture_tenure": "Developing",
    "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": 12.08,
        "rotation_up": 29.63,
        "upward_expansion": 12.0,
        "deceleration": 54.6,
        "rotation_down": 48.12,
        "downward_expansion": 83.0
      },
      "activity_lines": [
        17.363333,
        17.438182,
        18.626667,
        21.901075
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 19.25,
    "trend_reference": 25.42,
    "distance_from_trend": -0.242722,
    "trend_direction": "Weakening",
    "fair_value": 25.697436,
    "distance_from_fair_value": -0.250898,
    "fair_value_direction": "Improving",
    "relative_strength": -45.913375,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.45,
    "excess_performance": -0.891372,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.242722,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.060027,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.250898,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.021894,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.459134,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.014645,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.45,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.293468,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 540903,
      "relative_activity": 0.285482,
      "balance": 1.293468,
      "dry_up": 0.245106,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.104496,
      "annualized_volatility": 0.824641,
      "from_high_reference": -0.655635,
      "from_low_reference": 0.305085
    },
    "levels": {
      "trend_reference": 25.42,
      "fair_value_reference": 25.697436,
      "structural_low": 14.75,
      "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": 28,
        "median_return": -0.006395,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.015287,
        "regime_survival": 0.821429,
        "best_return": 0.687657,
        "worst_return": -0.167155,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.015504,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.454545,
        "median_excess_return": -0.059612,
        "regime_survival": 0.545455,
        "best_return": 1.577114,
        "worst_return": -0.145773,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.052326,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.051468,
        "regime_survival": 0.428571,
        "best_return": 1.237581,
        "worst_return": -0.155977,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.081947,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.420904,
        "regime_survival": 0.5,
        "best_return": 0.948164,
        "worst_return": -0.297117,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-23",
        "end": "2024-09-06",
        "tenure": "New",
        "return": -0.018,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-13",
        "end": "2024-10-04",
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        "return": 0.197155,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-11",
        "end": "2025-04-04",
        "tenure": "Established",
        "return": -0.09176,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-07-25",
        "tenure": "Established",
        "return": 0.121212,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.080178,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-09-26",
        "tenure": "Developing",
        "return": -0.083643,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.16,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.065728,
        "active": false
      },
      {
        "regime": "deceleration",
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        "color": "amber",
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        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.043478,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
        "return": 0.025478,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-06",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": -0.28,
        "active": false
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      {
        "regime": "deceleration",
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      {
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        "return": -0.038363,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-26",
        "end": "2026-08-14",
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        "return": 0.069444,
        "active": true
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        "date": "2026-05-08",
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      },
      {
        "date": "2026-07-10",
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      },
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      },
      {
        "date": "2026-07-24",
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        "volume": 568555,
        "typical_volume": 4790834.9,
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        "fair_value": 25.964103,
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        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -77.94187,
        "energy": 87.950777,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
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        "volume": 474297,
        "typical_volume": 4118971.3,
        "trend": 25.793333,
        "fair_value": 25.863461,
        "relative_strength": -53.493713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -72.345323,
        "energy": 86.524743,
        "activity_lines": [
          16.496667,
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          19.479524,
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      },
      {
        "date": "2026-08-07",
        "close": 17.1,
        "volume": 273850,
        "typical_volume": 2590670.2,
        "trend": 25.563333,
        "fair_value": 25.769872,
        "relative_strength": -50.86291,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.94244,
        "energy": 83.275237,
        "activity_lines": [
          16.53,
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          18.877381,
          22.308387
        ]
      },
      {
        "date": "2026-08-14",
        "close": 19.25,
        "volume": 540903,
        "typical_volume": 1894699.35,
        "trend": 25.42,
        "fair_value": 25.697436,
        "relative_strength": -45.913375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.271823,
        "energy": 60.310032,
        "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."
    }
  }
}