{
  "ticker": {
    "uuid": "cd08e40d-f3cc-489e-bd1d-69ef0489d441",
    "symbol": "6697",
    "name": "Information Technology Total Services Co., 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": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 72.616,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -47.647,
    "architecture_energy": 30.832,
    "architecture_maturity": 56.482,
    "architecture_confidence": 89.251,
    "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": 25.39,
        "rotation_up": 20.77,
        "upward_expansion": 6.51,
        "deceleration": 42.88,
        "rotation_down": 51.85,
        "downward_expansion": 79.84
      },
      "activity_lines": [
        40.516668,
        40.697274,
        41.074048,
        41.305576
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 41.450001,
    "trend_reference": 41.701186,
    "distance_from_trend": -0.006023,
    "trend_direction": "Weakening",
    "fair_value": 43.317673,
    "distance_from_fair_value": -0.043116,
    "fair_value_direction": "Improving",
    "relative_strength": -34.071935,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.000882,
    "excess_performance": -0.44049,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.006023,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.036586,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.043116,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.048526,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.340719,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.047346,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.000882,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.562208,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 107010,
      "relative_activity": 0.406257,
      "balance": 2.562208,
      "dry_up": 0.428294,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.051313,
      "annualized_volatility": 0.226497,
      "from_high_reference": -0.24418,
      "from_low_reference": 0.09079
    },
    "levels": {
      "trend_reference": 41.701186,
      "fair_value_reference": 43.317673,
      "structural_low": 38.0,
      "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": 17,
        "median_return": 0.004673,
        "positive_rate": 0.588235,
        "directional_follow_through": 0.411765,
        "median_excess_return": 0.003664,
        "regime_survival": 0.764706,
        "best_return": 0.237998,
        "worst_return": -0.052072,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "regime_survival": 0.5,
        "best_return": 0.141318,
        "worst_return": -0.029126,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.028989,
        "regime_survival": 0.25,
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        "worst_return": -0.047139,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
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        "worst_return": -0.015309,
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        "color": "red",
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        "end": "2024-02-16",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "tenure": "New",
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      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2024-05-31",
        "tenure": "Developing",
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      },
      {
        "regime": "balance",
        "label": "Balance",
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        "regime": "downward_expansion",
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        "regime": "upward_expansion",
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      {
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        "typical_volume": 302914.95,
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        "relative_strength": -34.443464,
        "stage": 4,
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        "energy": 36.638355,
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      },
      {
        "date": "2026-07-31",
        "close": 39.650002,
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        "typical_volume": 294671.6,
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        "fair_value": 43.499025,
        "relative_strength": -34.600348,
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          40.340002,
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      },
      {
        "date": "2026-08-07",
        "close": 40.0,
        "volume": 60080,
        "typical_volume": 270011.2,
        "trend": 41.780063,
        "fair_value": 43.39675,
        "relative_strength": -34.870661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.327785,
        "energy": 50.536342,
        "activity_lines": [
          40.130001,
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      },
      {
        "date": "2026-08-14",
        "close": 41.450001,
        "volume": 107010,
        "typical_volume": 263404.5,
        "trend": 41.701186,
        "fair_value": 43.317673,
        "relative_strength": -34.071935,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.646581,
        "energy": 30.831919,
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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."
    }
  }
}