{
  "ticker": {
    "uuid": "dc0f17cd-d686-4f55-bb80-e270b3b9ff7d",
    "symbol": "6488",
    "name": "GlobalWafers 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 32.83,
    "architecture_energy": 24.045,
    "architecture_maturity": 77.0,
    "architecture_confidence": 95.877,
    "architecture_tenure": "New",
    "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": 45.06,
        "rotation_up": 25.63,
        "upward_expansion": 57.58,
        "deceleration": 88.31,
        "rotation_down": 32.42,
        "downward_expansion": 18.91
      },
      "activity_lines": [
        960.2,
        1036.945038,
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        857.906008
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 1010.0,
    "trend_reference": 725.523554,
    "distance_from_trend": 0.392098,
    "trend_direction": "Improving",
    "fair_value": 486.368276,
    "distance_from_fair_value": 1.076616,
    "fair_value_direction": "Improving",
    "relative_strength": 30.213767,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.175762,
    "excess_performance": 0.73439,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.392098,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.440876,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.076616,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.473112,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.302138,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.143229,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.175762,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.851484,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 50348347,
      "relative_activity": 1.302097,
      "balance": 1.851484,
      "dry_up": 1.415073,
      "accumulation_observations": 5,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.247254,
      "annualized_volatility": 1.124253,
      "from_high_reference": -0.366309,
      "from_low_reference": 2.059576
    },
    "levels": {
      "trend_reference": 725.523554,
      "fair_value_reference": 486.368276,
      "structural_low": 405.43251,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": -0.016408,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.048862,
        "regime_survival": 0.5,
        "best_return": 0.280135,
        "worst_return": -0.091429,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.095771,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.022487,
        "regime_survival": 0.0,
        "best_return": 0.329111,
        "worst_return": -0.1019,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.195506,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.006978,
        "regime_survival": 0.0,
        "best_return": 1.96494,
        "worst_return": -0.114347,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.026052,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.285274,
        "regime_survival": 0.0,
        "best_return": 0.367794,
        "worst_return": -0.419899,
        "sufficient": false
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    ],
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        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-04-26",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.015656,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-24",
        "end": "2024-06-28",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.010309,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "tenure": "New",
        "return": -0.069853,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-08-02",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-09",
        "end": "2025-07-11",
        "tenure": "Extended",
        "return": -0.289938,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.002886,
        "active": false
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      {
        "regime": "rotation_up",
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        "active": false
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.009009,
        "active": false
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        "regime": "deceleration",
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      {
        "regime": "upward_expansion",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
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      },
      {
        "date": "2026-08-14",
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        "trend": 725.523554,
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        "relative_strength": 30.213767,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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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."
    }
  }
}