{
  "ticker": {
    "uuid": "0b3a780c-bbb8-4e46-8b6a-7871aa81ed74",
    "symbol": "300862",
    "name": "Anhui Landun Photoelectron Co., Ltd.",
    "exchange": "SHZ",
    "country": "CN",
    "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": "2026-08-07",
    "benchmark": "399001.SZ",
    "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": -60.275,
    "architecture_energy": 49.361,
    "architecture_maturity": 29.54,
    "architecture_confidence": 81.898,
    "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": 12.4,
        "rotation_up": 15.44,
        "upward_expansion": 6.77,
        "deceleration": 52.24,
        "rotation_down": 60.62,
        "downward_expansion": 77.77
      },
      "activity_lines": [
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        21.417215
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 19.01,
    "trend_reference": 22.412729,
    "distance_from_trend": -0.151821,
    "trend_direction": "Weakening",
    "fair_value": 23.971551,
    "distance_from_fair_value": -0.206977,
    "fair_value_direction": "Weakening",
    "relative_strength": -21.71918,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.173119,
    "excess_performance": -0.180519,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.151821,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.068541,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.206977,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.249817,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.217192,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.024819,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.173119,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.199386,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 1.199386,
      "dry_up": 0.832397,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.121867,
      "annualized_volatility": 0.519932,
      "from_high_reference": -0.377334,
      "from_low_reference": 0.357857
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    "levels": {
      "trend_reference": 22.412729,
      "fair_value_reference": 23.971551,
      "structural_low": 14.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
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        "positive_rate": 0.65,
        "directional_follow_through": 0.35,
        "median_excess_return": 0.029285,
        "regime_survival": 0.6,
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        "worst_return": -0.148329,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
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        "worst_return": -0.186097,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.055002,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
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        "regime_survival": 0.333333,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.052091,
        "sufficient": false
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        "regime": "rotation_up",
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      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
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      },
      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "balance",
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      {
        "regime": "balance",
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 22248501.55,
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      },
      {
        "date": "2026-07-31",
        "close": 19.01,
        "volume": 0,
        "typical_volume": 21220196.4,
        "trend": 22.541729,
        "fair_value": 23.985998,
        "relative_strength": -18.300343,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -62.812131,
        "energy": 61.596253,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 19.01,
        "volume": 0,
        "typical_volume": 20233388.7,
        "trend": 22.412729,
        "fair_value": 23.971551,
        "relative_strength": -21.71918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
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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."
    }
  }
}