{
  "ticker": {
    "uuid": "dcd935bd-c76d-4e0e-bda6-d031277512d0",
    "symbol": "1219",
    "name": "Fwusow Industry Co., Ltd.",
    "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": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "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": -77.045,
    "architecture_energy": 90.134,
    "architecture_maturity": 21.957,
    "architecture_confidence": 83.992,
    "architecture_tenure": "Developing",
    "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": 5.03,
        "rotation_up": 8.51,
        "upward_expansion": 21.91,
        "deceleration": 37.02,
        "rotation_down": 84.65,
        "downward_expansion": 99.91
      },
      "activity_lines": [
        11.22,
        11.632727,
        12.026841,
        12.313341
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 11.05,
    "trend_reference": 12.620897,
    "distance_from_trend": -0.124468,
    "trend_direction": "Weakening",
    "fair_value": 14.775522,
    "distance_from_fair_value": -0.252141,
    "fair_value_direction": "Weakening",
    "relative_strength": -39.353797,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.151882,
    "excess_performance": -0.593254,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.124468,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.029042,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.252141,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.05946,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.393538,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.007268,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.151882,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.394495,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2065928,
      "relative_activity": 0.703021,
      "balance": 0.394495,
      "dry_up": 1.213597,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.044874,
      "annualized_volatility": 0.164709,
      "from_high_reference": -0.243947,
      "from_low_reference": 0.057416
    },
    "levels": {
      "trend_reference": 12.620897,
      "fair_value_reference": 14.775522,
      "structural_low": 10.45,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 34,
        "median_return": -0.002574,
        "positive_rate": 0.411765,
        "directional_follow_through": 0.558824,
        "median_excess_return": -0.024039,
        "regime_survival": 0.823529,
        "best_return": 0.145455,
        "worst_return": -0.086262,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": -0.002886,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.583333,
        "median_excess_return": -0.073625,
        "regime_survival": 0.583333,
        "best_return": 0.132626,
        "worst_return": -0.096386,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.005,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.185048,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.00441,
        "positive_rate": 0.5,
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        "worst_return": -0.145815,
        "sufficient": false
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    ],
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        "regime": "balance",
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      {
        "regime": "upward_expansion",
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        "tenure": "New",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "end": "2024-08-30",
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        "active": false
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      {
        "regime": "downward_expansion",
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      {
        "regime": "balance",
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      {
        "regime": "rotation_up",
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      {
        "regime": "downward_expansion",
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        "active": false
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        "date": "2026-06-19",
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      },
      {
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      {
        "date": "2026-07-10",
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 2744165.75,
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        "fair_value": 14.907357,
        "relative_strength": -34.926921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.869144,
        "energy": 68.914048,
        "activity_lines": [
          12.11,
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          12.639301
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      },
      {
        "date": "2026-07-31",
        "close": 11.4,
        "volume": 3359335,
        "typical_volume": 2801357.85,
        "trend": 12.758013,
        "fair_value": 14.864046,
        "relative_strength": -35.628804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.36324,
        "energy": 83.22133,
        "activity_lines": [
          11.843333,
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      },
      {
        "date": "2026-08-07",
        "close": 10.75,
        "volume": 4464649,
        "typical_volume": 2949568.95,
        "trend": 12.685256,
        "fair_value": 14.819386,
        "relative_strength": -39.831757,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.037108,
        "energy": 91.927766,
        "activity_lines": [
          11.426667,
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          12.166218,
          12.418842
        ]
      },
      {
        "date": "2026-08-14",
        "close": 11.05,
        "volume": 2065928,
        "typical_volume": 2938642.5,
        "trend": 12.620897,
        "fair_value": 14.775522,
        "relative_strength": -39.353797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.044721,
        "energy": 90.13419,
        "activity_lines": [
          11.22,
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          12.313341
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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."
    }
  }
}