{
  "ticker": {
    "uuid": "f6fad1b2-15bb-43b1-adaf-7d3a5c1dd46c",
    "symbol": "8076",
    "name": "Firich Enterprises 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -15.5,
    "architecture_energy": 28.23,
    "architecture_maturity": 3.838,
    "architecture_confidence": 62.641,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 44.09,
        "rotation_up": 18.82,
        "upward_expansion": 20.23,
        "deceleration": 53.28,
        "rotation_down": 57.75,
        "downward_expansion": 45.23
      },
      "activity_lines": [
        23.163333,
        23.857273,
        24.294286,
        24.257527
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 23.6,
    "trend_reference": 24.155,
    "distance_from_trend": -0.022977,
    "trend_direction": "Improving",
    "fair_value": 27.468536,
    "distance_from_fair_value": -0.140835,
    "fair_value_direction": "Improving",
    "relative_strength": -30.948523,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.008547,
    "excess_performance": -0.432825,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.022977,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.017481,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.140835,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.007255,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.309485,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.034896,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.008547,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.483279,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2765106,
      "relative_activity": 0.403426,
      "balance": 1.483279,
      "dry_up": 0.468769,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.098273,
      "annualized_volatility": 0.432238,
      "from_high_reference": -0.210702,
      "from_low_reference": 0.090069
    },
    "levels": {
      "trend_reference": 24.155,
      "fair_value_reference": 27.468536,
      "structural_low": 21.65,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": -0.009571,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.023667,
        "regime_survival": 0.25,
        "best_return": 0.16497,
        "worst_return": -0.028333,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.129817,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.067611,
        "regime_survival": 0.0,
        "best_return": 0.189409,
        "worst_return": -0.066667,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.057021,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.03841,
        "regime_survival": 0.0,
        "best_return": 0.197556,
        "worst_return": 0.037377,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.273479,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.21141,
        "regime_survival": 0.0,
        "best_return": 0.407649,
        "worst_return": 0.139309,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-13",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.029325,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-01",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": -0.03858,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-27",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": 0.115385,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-28",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.079699,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.040584,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-08-22",
        "tenure": "Established",
        "return": -0.070206,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-29",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": -0.111538,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-14",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.012605,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": 0.118644,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-27",
        "end": "2026-04-03",
        "tenure": "New",
        "return": -0.050607,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-10",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": 0.172557,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.124767,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.035794,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-08-14",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-11",
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        "typical_volume": 23028070.5,
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      },
      {
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      },
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      },
      {
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      },
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-07-24",
        "close": 23.5,
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        "typical_volume": 7621200.1,
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        "stage": 1,
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        "direction": 15.356508,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 22.35,
        "volume": 4157973,
        "typical_volume": 7324357.4,
        "trend": 24.173333,
        "fair_value": 27.566731,
        "relative_strength": -32.351113,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.994257,
        "energy": 22.397339,
        "activity_lines": [
          23.55,
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      },
      {
        "date": "2026-08-07",
        "close": 23.15,
        "volume": 2477819,
        "typical_volume": 6976937.3,
        "trend": 24.145,
        "fair_value": 27.513908,
        "relative_strength": -30.765649,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.329678,
        "energy": 24.76325,
        "activity_lines": [
          23.186666,
          24.1,
          24.356905,
          24.292688
        ]
      },
      {
        "date": "2026-08-14",
        "close": 23.6,
        "volume": 2765106,
        "typical_volume": 6854056.05,
        "trend": 24.155,
        "fair_value": 27.468536,
        "relative_strength": -30.948523,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.500086,
        "energy": 28.229755,
        "activity_lines": [
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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."
    }
  }
}