{
  "ticker": {
    "uuid": "ba73f31c-488b-461a-a30c-b0866286ca6a",
    "symbol": "5398",
    "name": "Mediera 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": -70.542,
    "architecture_energy": 66.699,
    "architecture_maturity": 68.322,
    "architecture_confidence": 93.828,
    "architecture_tenure": "Established",
    "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": 4.2,
        "rotation_up": 22.17,
        "upward_expansion": 12.0,
        "deceleration": 58.17,
        "rotation_down": 65.71,
        "downward_expansion": 87.67
      },
      "activity_lines": [
        14.233333,
        14.831818,
        16.227619,
        17.468817
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 14.05,
    "trend_reference": 18.983333,
    "distance_from_trend": -0.259877,
    "trend_direction": "Weakening",
    "fair_value": 18.652564,
    "distance_from_fair_value": -0.246752,
    "fair_value_direction": "Weakening",
    "relative_strength": -52.498286,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.312958,
    "excess_performance": -0.75433,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.259877,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.149556,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.246752,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.318843,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.524983,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.131497,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.312958,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.335949,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 265005,
      "relative_activity": 0.664127,
      "balance": 0.335949,
      "dry_up": 0.627872,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.091705,
      "annualized_volatility": 0.407565,
      "from_high_reference": -0.546774,
      "from_low_reference": 0.033088
    },
    "levels": {
      "trend_reference": 18.983333,
      "fair_value_reference": 18.652564,
      "structural_low": 13.6,
      "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": 27,
        "median_return": -0.020468,
        "positive_rate": 0.37037,
        "directional_follow_through": 0.62963,
        "median_excess_return": -0.014307,
        "regime_survival": 0.851852,
        "best_return": 0.209091,
        "worst_return": -0.170792,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.01166,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.020713,
        "regime_survival": 0.6,
        "best_return": 0.572785,
        "worst_return": -0.299505,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.038982,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.016022,
        "regime_survival": 0.5,
        "best_return": 0.478599,
        "worst_return": -0.223565,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.148036,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.044453,
        "regime_survival": 0.333333,
        "best_return": 0.28481,
        "worst_return": -0.149394,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-22",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": -0.172131,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-27",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": -0.109223,
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "return": 0.096491,
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.117143,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.0425,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-28",
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        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "New",
        "return": -0.11087,
        "active": false
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        "active": false
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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        "date": "2026-06-19",
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        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 18.635577,
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        "energy": 80.369933,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 587728.85,
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        "stage": 4,
        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 556051.8,
        "trend": 20.465,
        "fair_value": 18.634615,
        "relative_strength": -52.21817,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.622044,
        "energy": 95.073178,
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      },
      {
        "date": "2026-07-24",
        "close": 15.25,
        "volume": 358122,
        "typical_volume": 449801.1,
        "trend": 20.07,
        "fair_value": 18.642628,
        "relative_strength": -48.690242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.464009,
        "energy": 85.263983,
        "activity_lines": [
          15.166667,
          15.995455,
          17.460714,
          18.54914
        ]
      },
      {
        "date": "2026-07-31",
        "close": 14.15,
        "volume": 162022,
        "typical_volume": 439191.05,
        "trend": 19.641667,
        "fair_value": 18.645833,
        "relative_strength": -50.968668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.140908,
        "energy": 86.153565,
        "activity_lines": [
          14.723333,
          15.559091,
          17.024286,
          18.167204
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      },
      {
        "date": "2026-08-07",
        "close": 14.05,
        "volume": 217003,
        "typical_volume": 435990.95,
        "trend": 19.283333,
        "fair_value": 18.648397,
        "relative_strength": -51.643179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.053264,
        "energy": 69.064627,
        "activity_lines": [
          14.4,
          15.170909,
          16.609762,
          17.806452
        ]
      },
      {
        "date": "2026-08-14",
        "close": 14.05,
        "volume": 265005,
        "typical_volume": 399027.5,
        "trend": 18.983333,
        "fair_value": 18.652564,
        "relative_strength": -52.498286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.541506,
        "energy": 66.698789,
        "activity_lines": [
          14.233333,
          14.831818,
          16.227619,
          17.468817
        ]
      }
    ],
    "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."
    }
  }
}