{
  "ticker": {
    "uuid": "f6f40dd4-c4f9-428b-b04c-82536e1e8896",
    "symbol": "4714",
    "name": "U-Best Innovative 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": -67.187,
    "architecture_energy": 84.3,
    "architecture_maturity": 88.0,
    "architecture_confidence": 91.178,
    "architecture_tenure": "Extended",
    "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": 3.33,
        "rotation_up": 13.06,
        "upward_expansion": 21.08,
        "deceleration": 37.47,
        "rotation_down": 74.49,
        "downward_expansion": 96.75
      },
      "activity_lines": [
        10.42,
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        12.028522,
        12.824826
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 10.45,
    "trend_reference": 13.952848,
    "distance_from_trend": -0.251049,
    "trend_direction": "Weakening",
    "fair_value": 16.862762,
    "distance_from_fair_value": -0.380291,
    "fair_value_direction": "Weakening",
    "relative_strength": -54.248052,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.358896,
    "excess_performance": -0.800268,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.251049,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.109978,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.380291,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.164452,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.542481,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.053537,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.358896,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.879852,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2595194,
      "relative_activity": 0.412219,
      "balance": 0.879852,
      "dry_up": 0.61063,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.099714,
      "annualized_volatility": 0.33389,
      "from_high_reference": -0.527927,
      "from_low_reference": 0.07732
    },
    "levels": {
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      "fair_value_reference": 16.862762,
      "structural_low": 9.7,
      "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": 26,
        "median_return": -0.009103,
        "positive_rate": 0.423077,
        "directional_follow_through": 0.576923,
        "median_excess_return": -0.045468,
        "regime_survival": 0.846154,
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        "worst_return": -0.128289,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.028474,
        "regime_survival": 0.777778,
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        "worst_return": -0.17193,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "worst_return": -0.309942,
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      {
        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "upward_expansion",
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-31",
        "close": 10.0,
        "volume": 5556061,
        "typical_volume": 6588653.2,
        "trend": 14.377848,
        "fair_value": 16.901731,
        "relative_strength": -55.510356,
        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 90.679553,
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      },
      {
        "date": "2026-08-07",
        "close": 10.4,
        "volume": 3181973,
        "typical_volume": 6448220.65,
        "trend": 14.157848,
        "fair_value": 16.883512,
        "relative_strength": -53.881872,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.012413,
        "energy": 86.143029,
        "activity_lines": [
          10.533333,
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      },
      {
        "date": "2026-08-14",
        "close": 10.45,
        "volume": 2595194,
        "typical_volume": 6295669.7,
        "trend": 13.952848,
        "fair_value": 16.862762,
        "relative_strength": -54.248052,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.187241,
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        "activity_lines": [
          10.42,
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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."
    }
  }
}