{
  "ticker": {
    "uuid": "e76df023-1842-4066-aa0f-95694f29c858",
    "symbol": "6865",
    "name": "WebComm Technology 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": "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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -64.204,
    "architecture_energy": 56.198,
    "architecture_maturity": 84.696,
    "architecture_confidence": 92.117,
    "architecture_tenure": "Established",
    "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": 7.83,
        "rotation_up": 27.65,
        "upward_expansion": 9.4,
        "deceleration": 52.87,
        "rotation_down": 55.53,
        "downward_expansion": 85.07
      },
      "activity_lines": [
        25.613334,
        26.015455,
        27.507857,
        29.545921
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 26.950001,
    "trend_reference": 32.795537,
    "distance_from_trend": -0.178242,
    "trend_direction": "Weakening",
    "fair_value": 50.952181,
    "distance_from_fair_value": -0.471073,
    "fair_value_direction": "Weakening",
    "relative_strength": -53.211074,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.368758,
    "excess_performance": -0.810131,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.178242,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.157206,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.471073,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.013623,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.532111,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.061605,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.368758,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.145101,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 64576,
      "relative_activity": 0.369847,
      "balance": 1.145101,
      "dry_up": 0.26096,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.08463,
      "annualized_volatility": 0.463286,
      "from_high_reference": -0.567176,
      "from_low_reference": 0.129979
    },
    "levels": {
      "trend_reference": 32.795537,
      "fair_value_reference": 50.952181,
      "structural_low": 23.85,
      "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,
        "median_return": -0.046316,
        "positive_rate": 0.407407,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.043294,
        "regime_survival": 0.851852,
        "best_return": 0.218029,
        "worst_return": -0.177686,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "regime_survival": 0.75,
        "best_return": 0.346578,
        "worst_return": -0.28717,
        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 4,
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        "sufficient": false
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        "horizon": "Full cycle",
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        "date": "2026-04-24",
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        "date": "2026-07-10",
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        "relative_strength": -57.322089,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 183753.0,
        "trend": 34.901592,
        "fair_value": 51.799033,
        "relative_strength": -57.820135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.973408,
        "energy": 59.846748,
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          26.176666,
          26.613636,
          28.956589,
          31.216847
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      },
      {
        "date": "2026-07-31",
        "close": 25.049999,
        "volume": 33000,
        "typical_volume": 180499.5,
        "trend": 34.198341,
        "fair_value": 51.491513,
        "relative_strength": -56.246467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.371542,
        "energy": 62.16068,
        "activity_lines": [
          25.609999,
          26.271818,
          28.384138,
          30.58126
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      },
      {
        "date": "2026-08-07",
        "close": 24.700001,
        "volume": 67668,
        "typical_volume": 180330.0,
        "trend": 33.499415,
        "fair_value": 51.194194,
        "relative_strength": -56.837378,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.511346,
        "energy": 63.538257,
        "activity_lines": [
          25.11,
          25.928182,
          27.817143,
          29.968464
        ]
      },
      {
        "date": "2026-08-14",
        "close": 26.950001,
        "volume": 64576,
        "typical_volume": 174601.8,
        "trend": 32.795537,
        "fair_value": 50.952181,
        "relative_strength": -53.211074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.204207,
        "energy": 56.197763,
        "activity_lines": [
          25.613334,
          26.015455,
          27.507857,
          29.545921
        ]
      }
    ],
    "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."
    }
  }
}