{
  "ticker": {
    "uuid": "16f7e75a-518e-4056-9ac0-106c45eed0fa",
    "symbol": "688357",
    "name": "Luoyang Jianlong Micro-nano New Material Co., Ltd",
    "exchange": "SHH",
    "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": "000001.SS",
    "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": -62.755,
    "architecture_energy": 59.148,
    "architecture_maturity": 34.0,
    "architecture_confidence": 92.899,
    "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": 12.6,
        "rotation_up": 19.72,
        "upward_expansion": 10.36,
        "deceleration": 48.22,
        "rotation_down": 59.13,
        "downward_expansion": 81.36
      },
      "activity_lines": [
        25.388667,
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        28.410796,
        30.091617
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      "activity_state": "Wide",
      "activity_direction": "Stable",
      "rotation_direction": "Stable",
      "price_acceptance": -0.5
    },
    "latest_close": 26.790001,
    "trend_reference": 32.041115,
    "distance_from_trend": -0.163887,
    "trend_direction": "Weakening",
    "fair_value": 31.048361,
    "distance_from_fair_value": -0.137152,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.514706,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.22617,
    "excess_performance": -0.182966,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.163887,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.076967,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.137152,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.216533,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.195147,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.181576,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.22617,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.589635,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 4504929,
      "relative_activity": 0.857963,
      "balance": 0.589635,
      "dry_up": 0.929041,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.09718,
      "annualized_volatility": 0.432787,
      "from_high_reference": -0.361535,
      "from_low_reference": 0.181217
    },
    "levels": {
      "trend_reference": 32.041115,
      "fair_value_reference": 31.048361,
      "structural_low": 22.68,
      "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": 28,
        "median_return": -0.054268,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.025647,
        "regime_survival": 0.928571,
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        "worst_return": -0.175569,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "sufficient": true
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      {
        "horizon": "Full cycle",
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      },
      {
        "date": "2026-04-17",
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      },
      {
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      },
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      },
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      },
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "modifier": "Early contraction",
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      },
      {
        "date": "2026-07-10",
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        "trend": 33.064448,
        "fair_value": 31.724386,
        "relative_strength": -25.61206,
        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -80.838176,
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      },
      {
        "date": "2026-07-17",
        "close": 23.85,
        "volume": 5616066,
        "typical_volume": 6108507.1,
        "trend": 32.803448,
        "fair_value": 31.542541,
        "relative_strength": -25.96039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.039528,
        "energy": 83.233438,
        "activity_lines": [
          26.044,
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          30.12975,
          31.480284
        ]
      },
      {
        "date": "2026-07-24",
        "close": 23.389999,
        "volume": 4423843,
        "typical_volume": 5861534.0,
        "trend": 32.521115,
        "fair_value": 31.358576,
        "relative_strength": -27.984164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.279507,
        "energy": 85.574215,
        "activity_lines": [
          24.912666,
          26.387976,
          29.311924,
          30.872965
        ]
      },
      {
        "date": "2026-07-31",
        "close": 25.870001,
        "volume": 4967725,
        "typical_volume": 5460249.4,
        "trend": 32.249782,
        "fair_value": 31.195112,
        "relative_strength": -20.417785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.662612,
        "energy": 80.872035,
        "activity_lines": [
          24.943333,
          26.047352,
          28.791241,
          30.44386
        ]
      },
      {
        "date": "2026-08-07",
        "close": 26.790001,
        "volume": 4504929,
        "typical_volume": 5250727.7,
        "trend": 32.041115,
        "fair_value": 31.048361,
        "relative_strength": -19.514706,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.755463,
        "energy": 59.148284,
        "activity_lines": [
          25.388667,
          26.023059,
          28.410796,
          30.091617
        ]
      }
    ],
    "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."
    }
  }
}