{
  "ticker": {
    "uuid": "1179ac1f-ad52-44c2-b7c8-6eeda7f25d3f",
    "symbol": "000301",
    "name": "Jiangsu Eastern Shenghong 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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 45.164,
    "architecture_energy": 18.59,
    "architecture_maturity": 23.019,
    "architecture_confidence": 65.152,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 53.24,
        "rotation_up": 41.8,
        "upward_expansion": 57.45,
        "deceleration": 52.15,
        "rotation_down": 25.09,
        "downward_expansion": 23.45
      },
      "activity_lines": [
        12.182,
        12.064,
        12.117095,
        12.092151
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": 0.0
    },
    "latest_close": 13.1,
    "trend_reference": 12.043333,
    "distance_from_trend": 0.087739,
    "trend_direction": "Improving",
    "fair_value": 9.832104,
    "distance_from_fair_value": 0.33237,
    "fair_value_direction": "Improving",
    "relative_strength": 15.555583,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.009077,
    "excess_performance": -0.016477,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.087739,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.061367,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.33237,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.020355,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.155556,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.120509,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.009077,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.210524,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 166760677,
      "relative_activity": 1.383019,
      "balance": 1.210524,
      "dry_up": 1.301714,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.085379,
      "annualized_volatility": 0.369653,
      "from_high_reference": -0.108844,
      "from_low_reference": 0.523256
    },
    "levels": {
      "trend_reference": 12.043333,
      "fair_value_reference": 9.832104,
      "structural_low": 10.07,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": -0.032253,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.043576,
        "regime_survival": 0.5,
        "best_return": 0.219094,
        "worst_return": -0.140096,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.103752,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.071237,
        "regime_survival": 0.375,
        "best_return": 0.076638,
        "worst_return": -0.243615,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.105082,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.125732,
        "regime_survival": 0.6,
        "best_return": 0.117429,
        "worst_return": -0.241368,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.100159,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.118942,
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        "best_return": 0.399351,
        "worst_return": -0.313638,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "balance",
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      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "New",
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      },
      {
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      },
      {
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "return": 0.049398,
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      },
      {
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      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      {
        "regime": "upward_expansion",
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      {
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      },
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        "date": "2026-07-03",
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      },
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        "stage": 2,
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      },
      {
        "date": "2026-07-17",
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        "volume": 174588236,
        "typical_volume": 135184596.7,
        "trend": 11.883667,
        "fair_value": 9.823224,
        "relative_strength": 5.499215,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "energy": 1.937996,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 11.6,
        "volume": 155059959,
        "typical_volume": 126509300.65,
        "trend": 11.934667,
        "fair_value": 9.82289,
        "relative_strength": 6.707018,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.988251,
        "energy": 9.467217,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.77,
        "volume": 131419382,
        "typical_volume": 120261590.05,
        "trend": 11.969667,
        "fair_value": 9.822632,
        "relative_strength": 9.695117,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.306718,
        "energy": 11.992318,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 13.1,
        "volume": 166760677,
        "typical_volume": 120577251.6,
        "trend": 12.043333,
        "fair_value": 9.832104,
        "relative_strength": 15.555583,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.164203,
        "energy": 18.589947,
        "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."
    }
  }
}