{
  "ticker": {
    "uuid": "c6d424f1-5952-42ab-954f-6ad68064a269",
    "symbol": "6470",
    "name": "U-MEDIA Communications, Inc.",
    "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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 75.459,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -74.175,
    "architecture_energy": 75.241,
    "architecture_maturity": 11.185,
    "architecture_confidence": 78.075,
    "architecture_tenure": "New",
    "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": 16.39,
        "rotation_up": 8.81,
        "upward_expansion": 16.24,
        "deceleration": 37.08,
        "rotation_down": 80.16,
        "downward_expansion": 94.24
      },
      "activity_lines": [
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        45.21203
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 41.950001,
    "trend_reference": 46.089255,
    "distance_from_trend": -0.08981,
    "trend_direction": "Improving",
    "fair_value": 47.423707,
    "distance_from_fair_value": -0.115421,
    "fair_value_direction": "Weakening",
    "relative_strength": -30.72779,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.169453,
    "excess_performance": -0.610825,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.08981,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.03008,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.115421,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.011463,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.307278,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.02068,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.169453,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.096043,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 137031,
      "relative_activity": 0.412007,
      "balance": 1.096043,
      "dry_up": 0.719473,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.048218,
      "annualized_volatility": 0.179899,
      "from_high_reference": -0.18764,
      "from_low_reference": 0.132756
    },
    "levels": {
      "trend_reference": 46.089255,
      "fair_value_reference": 47.423707,
      "structural_low": 40.849998,
      "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": 23,
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        "positive_rate": 0.565217,
        "directional_follow_through": 0.434783,
        "median_excess_return": -0.03835,
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        "worst_return": -0.112513,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.13775,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "horizon": "Full cycle",
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        "worst_return": -0.222734,
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      {
        "regime": "upward_expansion",
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      {
        "regime": "rotation_down",
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        "regime": "downward_expansion",
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      },
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "fair_value": 48.600863,
        "relative_strength": -30.740747,
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        "date": "2026-06-19",
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        "typical_volume": 902925.75,
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 598295.35,
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        "fair_value": 48.358892,
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        "stage": 3,
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        "direction": 35.442701,
        "energy": 20.903986,
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      },
      {
        "date": "2026-07-10",
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        "relative_strength": -28.97618,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 487252.6,
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        "fair_value": 48.04787,
        "relative_strength": -24.966585,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.200167,
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      },
      {
        "date": "2026-07-24",
        "close": 44.24239,
        "volume": 139029,
        "typical_volume": 424258.45,
        "trend": 45.833356,
        "fair_value": 47.873593,
        "relative_strength": -26.270079,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.815981,
        "energy": 28.328366,
        "activity_lines": [
          44.999394,
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          45.447449,
          45.883157
        ]
      },
      {
        "date": "2026-07-31",
        "close": 42.450001,
        "volume": 485039,
        "typical_volume": 363265.8,
        "trend": 45.922812,
        "fair_value": 47.698208,
        "relative_strength": -27.425428,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -73.768156,
        "energy": 65.717672,
        "activity_lines": [
          44.015576,
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          45.14998,
          45.664876
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      },
      {
        "date": "2026-08-07",
        "close": 43.0,
        "volume": 196071,
        "typical_volume": 341253.7,
        "trend": 46.046306,
        "fair_value": 47.560225,
        "relative_strength": -27.320317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.110174,
        "energy": 68.607352,
        "activity_lines": [
          43.472792,
          44.509617,
          44.938331,
          45.476308
        ]
      },
      {
        "date": "2026-08-14",
        "close": 41.950001,
        "volume": 137031,
        "typical_volume": 332594.05,
        "trend": 46.089255,
        "fair_value": 47.423707,
        "relative_strength": -30.72779,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.175264,
        "energy": 75.241285,
        "activity_lines": [
          42.810466,
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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."
    }
  }
}