{
  "ticker": {
    "uuid": "d0bf87ee-0c6b-4729-85bb-e6dce83ae072",
    "symbol": "2640",
    "name": "Taiwan Taxi 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": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 5.484,
    "architecture_energy": 10.87,
    "architecture_maturity": 32.385,
    "architecture_confidence": 68.504,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 56.19,
        "rotation_up": 24.1,
        "upward_expansion": 40.45,
        "deceleration": 77.46,
        "rotation_down": 29.78,
        "downward_expansion": 34.45
      },
      "activity_lines": [
        148.3,
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        151.272408,
        151.245539
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 150.5,
    "trend_reference": 146.598969,
    "distance_from_trend": 0.02661,
    "trend_direction": "Improving",
    "fair_value": 116.103441,
    "distance_from_fair_value": 0.296258,
    "fair_value_direction": "Weakening",
    "relative_strength": -20.485578,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.282342,
    "excess_performance": -0.15903,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.02661,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.05975,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.296258,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.078039,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.204856,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.013415,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.282342,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.5934,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 171120,
      "relative_activity": 0.62809,
      "balance": 0.5934,
      "dry_up": 0.747704,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.055277,
      "annualized_volatility": 0.525038,
      "from_high_reference": -0.204175,
      "from_low_reference": 0.29281
    },
    "levels": {
      "trend_reference": 146.598969,
      "fair_value_reference": 116.103441,
      "structural_low": 116.413044,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.007566,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.010825,
        "regime_survival": 0.533333,
        "best_return": 0.055738,
        "worst_return": -0.070122,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.043477,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.00863,
        "regime_survival": 0.166667,
        "best_return": 0.115016,
        "worst_return": -0.072289,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.058382,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.107973,
        "regime_survival": 0.0,
        "best_return": 0.465937,
        "worst_return": -0.06383,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.172174,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.206371,
        "regime_survival": 0.333333,
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        "worst_return": 0.034043,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
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        "tenure": "Established",
        "return": 0.048458,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-29",
        "end": "2025-04-11",
        "tenure": "Established",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "Developing",
        "return": 0.046875,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-04",
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        "tenure": "Developing",
        "return": 0.03835,
        "active": false
      },
      {
        "regime": "upward_expansion",
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        "tenure": "Developing",
        "return": -0.003876,
        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-10-31",
        "tenure": "Developing",
        "return": 0.03125,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-11-28",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2025-12-26",
        "tenure": "New",
        "return": 0.023437,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-03-06",
        "tenure": "New",
        "return": 0.004049,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "tenure": "New",
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        "active": false
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      {
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      {
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        "active": true
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      },
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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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      {
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 414996.95,
        "trend": 143.607769,
        "fair_value": 114.854353,
        "relative_strength": -16.067445,
        "stage": 3,
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        "modifier": "Recompressing",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "volume": 387435,
        "typical_volume": 401166.7,
        "trend": 144.423918,
        "fair_value": 115.163072,
        "relative_strength": -19.706049,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.932285,
        "energy": 13.300138,
        "activity_lines": [
          150.35963,
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          150.75286
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      },
      {
        "date": "2026-07-31",
        "close": 148.0,
        "volume": 143159,
        "typical_volume": 365430.6,
        "trend": 145.207562,
        "fair_value": 115.457591,
        "relative_strength": -18.318094,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.159944,
        "energy": 8.701068,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 144.5,
        "volume": 113119,
        "typical_volume": 341648.25,
        "trend": 145.731992,
        "fair_value": 115.746167,
        "relative_strength": -21.568626,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.742473,
        "energy": 9.614316,
        "activity_lines": [
          147.743272,
          148.469963,
          151.872793,
          150.937926
        ]
      },
      {
        "date": "2026-08-14",
        "close": 150.5,
        "volume": 171120,
        "typical_volume": 272445.1,
        "trend": 146.598969,
        "fair_value": 116.103441,
        "relative_strength": -20.485578,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.483514,
        "energy": 10.87022,
        "activity_lines": [
          148.3,
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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."
    }
  }
}