{
  "ticker": {
    "uuid": "e6d6b08a-7906-4d64-99e7-654e1254555d",
    "symbol": "8034",
    "name": "OPNET Technologies 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": "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": -71.001,
    "architecture_energy": 84.223,
    "architecture_maturity": 27.033,
    "architecture_confidence": 85.773,
    "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": 1.56,
        "rotation_up": 9.98,
        "upward_expansion": 20.49,
        "deceleration": 37.23,
        "rotation_down": 80.71,
        "downward_expansion": 98.49
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 18.799999,
    "trend_reference": 22.458772,
    "distance_from_trend": -0.162911,
    "trend_direction": "Weakening",
    "fair_value": 20.751825,
    "distance_from_fair_value": -0.094056,
    "fair_value_direction": "Weakening",
    "relative_strength": -40.925308,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.174867,
    "excess_performance": -0.616239,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.162911,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.046976,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.094056,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.200419,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.409253,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.129367,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.174867,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.724094,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 435611,
      "relative_activity": 0.202558,
      "balance": 0.724094,
      "dry_up": 0.244065,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.070053,
      "annualized_volatility": 0.389111,
      "from_high_reference": -0.340716,
      "from_low_reference": 0.068182
    },
    "levels": {
      "trend_reference": 22.458772,
      "fair_value_reference": 20.751825,
      "structural_low": 17.6,
      "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": 27,
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        "positive_rate": 0.518519,
        "directional_follow_through": 0.481481,
        "median_excess_return": -0.007358,
        "regime_survival": 0.777778,
        "best_return": 0.180982,
        "worst_return": -0.167421,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "positive_rate": 0.5,
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        "worst_return": -0.129007,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.201604,
        "sufficient": false
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      {
        "regime": "upward_expansion",
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        "tenure": "Established",
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      },
      {
        "regime": "deceleration",
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        "tenure": "Developing",
        "return": -0.089524,
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "active": false
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      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2025-06-20",
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        "active": false
      },
      {
        "regime": "balance",
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        "return": 0.0,
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      },
      {
        "regime": "rotation_up",
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        "regime": "upward_expansion",
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        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-24",
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        "volume": 483838,
        "typical_volume": 2510280.65,
        "trend": 22.999474,
        "fair_value": 20.70816,
        "relative_strength": -36.450549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -73.246422,
        "energy": 77.715051,
        "activity_lines": [
          20.323333,
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          21.911892,
          22.395897
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      },
      {
        "date": "2026-07-31",
        "close": 18.4,
        "volume": 782345,
        "typical_volume": 2372753.75,
        "trend": 22.782281,
        "fair_value": 20.723096,
        "relative_strength": -39.725354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.225335,
        "energy": 85.170559,
        "activity_lines": [
          19.536666,
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          21.529912,
          22.099157
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      },
      {
        "date": "2026-08-07",
        "close": 19.1,
        "volume": 397700,
        "typical_volume": 2251120.05,
        "trend": 22.602632,
        "fair_value": 20.740178,
        "relative_strength": -38.48265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.193684,
        "energy": 82.386994,
        "activity_lines": [
          19.196666,
          20.122919,
          21.240439,
          21.861591
        ]
      },
      {
        "date": "2026-08-14",
        "close": 18.799999,
        "volume": 435611,
        "typical_volume": 2150551.45,
        "trend": 22.458772,
        "fair_value": 20.751825,
        "relative_strength": -40.925308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.00071,
        "energy": 84.222594,
        "activity_lines": [
          18.956666,
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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."
    }
  }
}