{
  "ticker": {
    "uuid": "cdda9879-1b10-47f5-8e74-88baf9b9d9d2",
    "symbol": "3138",
    "name": "Auden Techno Corp.",
    "exchange": "TAI",
    "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": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -65.865,
    "architecture_energy": 81.977,
    "architecture_maturity": 28.0,
    "architecture_confidence": 95.319,
    "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": 11.36,
        "rotation_up": 14.85,
        "upward_expansion": 20.27,
        "deceleration": 38.11,
        "rotation_down": 69.54,
        "downward_expansion": 93.6
      },
      "activity_lines": [
        94.417929,
        101.444374,
        120.490332,
        133.586236
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 96.099998,
    "trend_reference": 148.033761,
    "distance_from_trend": -0.350824,
    "trend_direction": "Improving",
    "fair_value": 118.121301,
    "distance_from_fair_value": -0.18643,
    "fair_value_direction": "Weakening",
    "relative_strength": -44.06218,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.442362,
    "excess_performance": -0.883734,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.350824,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032515,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.18643,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.411938,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.440622,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.321957,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.442362,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.634743,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 912493,
      "relative_activity": 0.124865,
      "balance": 0.634743,
      "dry_up": 0.224287,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.166155,
      "annualized_volatility": 0.710665,
      "from_high_reference": -0.591688,
      "from_low_reference": 0.219543
    },
    "levels": {
      "trend_reference": 148.033761,
      "fair_value_reference": 118.121301,
      "structural_low": 78.800003,
      "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": 29,
        "median_return": 0.006873,
        "positive_rate": 0.517241,
        "directional_follow_through": 0.482759,
        "median_excess_return": -0.003715,
        "regime_survival": 0.827586,
        "best_return": 0.2525,
        "worst_return": -0.197008,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.015625,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.454545,
        "median_excess_return": -0.029542,
        "regime_survival": 0.545455,
        "best_return": 0.210431,
        "worst_return": -0.354115,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.074211,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.106042,
        "regime_survival": 0.166667,
        "best_return": 0.343537,
        "worst_return": -0.236104,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.142128,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.236792,
        "regime_survival": 0.5,
        "best_return": 0.20719,
        "worst_return": -0.401078,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-01-12",
        "end": "2024-02-02",
        "tenure": "New",
        "return": -0.082508,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-02-09",
        "end": "2024-03-08",
        "tenure": "Developing",
        "return": -0.057971,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-15",
        "end": "2025-02-14",
        "tenure": "Extended",
        "return": -0.131652,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.168142,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-08-01",
        "tenure": "Established",
        "return": 0.292235,
        "active": false
      },
      {
        "regime": "balance",
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        "return": 0.044372,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.003247,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.121977,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-04-24",
        "tenure": "Established",
        "return": 0.488152,
        "active": false
      },
      {
        "regime": "deceleration",
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        "active": false
      },
      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "active": true
      }
    ],
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      },
      {
        "date": "2026-04-24",
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      },
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      },
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      },
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      },
      {
        "date": "2026-06-05",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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      },
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        "relative_strength": -40.211697,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 10531869.7,
        "trend": 149.937773,
        "fair_value": 118.893429,
        "relative_strength": -41.597212,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.222827,
        "energy": 90.91954,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 86.0,
        "volume": 2602247,
        "typical_volume": 9641701.65,
        "trend": 149.193632,
        "fair_value": 118.616633,
        "relative_strength": -47.740073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.855309,
        "energy": 92.992551,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 95.599998,
        "volume": 1448360,
        "typical_volume": 8392558.2,
        "trend": 148.917206,
        "fair_value": 118.357013,
        "relative_strength": -42.854099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.569134,
        "energy": 85.829543,
        "activity_lines": [
          95.18573,
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        ]
      },
      {
        "date": "2026-08-14",
        "close": 96.099998,
        "volume": 912493,
        "typical_volume": 7307838.75,
        "trend": 148.033761,
        "fair_value": 118.121301,
        "relative_strength": -44.06218,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.865466,
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        "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."
    }
  }
}