{
  "ticker": {
    "uuid": "b3ef3471-3710-4405-88ab-22b30a81d0de",
    "symbol": "6493",
    "name": "Ttbio Corp.",
    "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": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 74.157,
    "architecture_energy": 49.21,
    "architecture_maturity": 31.921,
    "architecture_confidence": 74.264,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 27.82,
        "rotation_up": 58.13,
        "upward_expansion": 76.86,
        "deceleration": 61.37,
        "rotation_down": 18.45,
        "downward_expansion": 5.86
      },
      "activity_lines": [
        41.786667,
        40.481818,
        36.109047,
        33.637742
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.5
    },
    "latest_close": 47.400002,
    "trend_reference": 31.028333,
    "distance_from_trend": 0.527636,
    "trend_direction": "Improving",
    "fair_value": 24.306743,
    "distance_from_fair_value": 0.950076,
    "fair_value_direction": "Improving",
    "relative_strength": -0.191395,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.755556,
    "excess_performance": 0.314184,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.527636,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.097765,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.950076,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.681074,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.001914,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.296732,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.755556,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.489228,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1043248,
      "relative_activity": 0.91327,
      "balance": 2.489228,
      "dry_up": 0.802807,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.159932,
      "annualized_volatility": 1.15945,
      "from_high_reference": -0.4075,
      "from_low_reference": 1.633333
    },
    "levels": {
      "trend_reference": 31.028333,
      "fair_value_reference": 24.306743,
      "structural_low": 21.0,
      "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": 17,
        "median_return": -0.004762,
        "positive_rate": 0.411765,
        "directional_follow_through": 0.411765,
        "median_excess_return": -0.004958,
        "regime_survival": 0.705882,
        "best_return": 0.368159,
        "worst_return": -0.306431,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.011565,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.052221,
        "regime_survival": 0.333333,
        "best_return": 0.114053,
        "worst_return": -0.200249,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.113899,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.142291,
        "regime_survival": 0.2,
        "best_return": 0.14664,
        "worst_return": -0.283582,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.086721,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.037113,
        "regime_survival": 0.333333,
        "best_return": 1.648488,
        "worst_return": -0.127505,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-08",
        "end": "2024-11-15",
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        "active": false
      },
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        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2024-12-13",
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        "return": 0.0,
        "active": false
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      {
        "regime": "rotation_down",
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        "active": false
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2025-06-27",
        "tenure": "Established",
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      },
      {
        "regime": "balance",
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        "date": "2026-06-05",
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      },
      {
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 1070817.3,
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        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 62.47414,
        "energy": 77.196651,
        "activity_lines": [
          41.833333,
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 1087353.6,
        "trend": 30.058333,
        "fair_value": 24.094385,
        "relative_strength": -10.814905,
        "stage": 1,
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        "modifier": "Early expansion",
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        "direction": 60.919698,
        "energy": 74.766189,
        "activity_lines": [
          41.809999,
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      },
      {
        "date": "2026-08-07",
        "close": 37.0,
        "volume": 383464,
        "typical_volume": 1095305.95,
        "trend": 30.365,
        "fair_value": 24.165981,
        "relative_strength": -18.881107,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.948859,
        "energy": 41.969789,
        "activity_lines": [
          40.013333,
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      },
      {
        "date": "2026-08-14",
        "close": 47.400002,
        "volume": 1043248,
        "typical_volume": 1142321.9,
        "trend": 31.028333,
        "fair_value": 24.306743,
        "relative_strength": -0.191395,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.15699,
        "energy": 49.210049,
        "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."
    }
  }
}