{
  "ticker": {
    "uuid": "1b0a9813-b2e8-4204-bb22-1b2eaa1d85ac",
    "symbol": "BY6",
    "name": "BYD Company Limited",
    "exchange": "VIE",
    "country": "AT",
    "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": "^ATX",
    "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": -20.84,
    "architecture_energy": 25.183,
    "architecture_maturity": 76.493,
    "architecture_confidence": 62.835,
    "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": 54.6,
        "rotation_up": 41.02,
        "upward_expansion": 20.21,
        "deceleration": 43.91,
        "rotation_down": 17.13,
        "downward_expansion": 51.87
      },
      "activity_lines": [
        10.003,
        9.691866,
        9.783647,
        10.004557
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 10.002,
    "trend_reference": 10.238844,
    "distance_from_trend": -0.023132,
    "trend_direction": "Weakening",
    "fair_value": 9.76954,
    "distance_from_fair_value": 0.023794,
    "fair_value_direction": "Weakening",
    "relative_strength": -24.729403,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.015431,
    "excess_performance": -0.158815,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.023132,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.036703,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.023794,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.056743,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.247294,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.013053,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.015431,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.905626,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8829,
      "relative_activity": 0.929104,
      "balance": 0.905626,
      "dry_up": 0.59712,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.059363,
      "annualized_volatility": 0.38135,
      "from_high_reference": -0.242273,
      "from_low_reference": 0.25025
    },
    "levels": {
      "trend_reference": 10.238844,
      "fair_value_reference": 9.76954,
      "structural_low": 8.0,
      "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": 19,
        "median_return": 0.043194,
        "positive_rate": 0.578947,
        "directional_follow_through": 0.421053,
        "median_excess_return": -0.019616,
        "regime_survival": 0.789474,
        "best_return": 0.186564,
        "worst_return": -0.166939,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.04712,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.125601,
        "regime_survival": 0.571429,
        "best_return": 0.392857,
        "worst_return": -0.137154,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.092103,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.062415,
        "regime_survival": 0.25,
        "best_return": 0.275798,
        "worst_return": -0.106457,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.288426,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
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        "worst_return": 0.114151,
        "sufficient": false
      }
    ],
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        "regime": "balance",
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        "end": "2024-05-03",
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        "return": 0.085115,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
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      {
        "regime": "upward_expansion",
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      {
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        "active": false
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        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "active": false
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        "active": false
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        "modifier": "Balance after decline",
        "gate": "mixed",
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        "energy": 22.600509,
        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 15189.3,
        "trend": 10.82804,
        "fair_value": 9.599054,
        "relative_strength": -22.852406,
        "stage": 4,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 15268.95,
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        "fair_value": 9.620027,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-05-15",
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        "modifier": "Balance after decline",
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        "energy": 19.041316,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 14801.45,
        "trend": 10.678,
        "fair_value": 9.655613,
        "relative_strength": -30.642151,
        "stage": 4,
        "regime": "balance",
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        "gate": "down",
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        "energy": 48.542285,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
        "close": 9.743688,
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        "regime": "downward_expansion",
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        "energy": 60.182628,
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      },
      {
        "date": "2026-06-05",
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        "fair_value": 9.683077,
        "relative_strength": -30.787502,
        "stage": 4,
        "regime": "downward_expansion",
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        "energy": 68.556433,
        "activity_lines": [
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        "date": "2026-06-12",
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        "trend": 10.530978,
        "fair_value": 9.691253,
        "relative_strength": -31.734048,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.140982,
        "energy": 70.345733,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "fair_value": 9.701147,
        "relative_strength": -40.603008,
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        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.011629,
        "energy": 87.806929,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 11765.1,
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        "fair_value": 9.710604,
        "relative_strength": -32.564367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.891331,
        "energy": 73.349648,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 10003,
        "typical_volume": 11599.55,
        "trend": 10.306744,
        "fair_value": 9.719811,
        "relative_strength": -30.107776,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.366357,
        "energy": 62.295589,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 9.911,
        "volume": 4721,
        "typical_volume": 11256.25,
        "trend": 10.292944,
        "fair_value": 9.73175,
        "relative_strength": -24.820397,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.60739,
        "energy": 35.089913,
        "activity_lines": [
          9.417,
          9.374923,
          9.819361,
          10.050181
        ]
      },
      {
        "date": "2026-07-24",
        "close": 9.75,
        "volume": 3770,
        "typical_volume": 10288.4,
        "trend": 10.271278,
        "fair_value": 9.740735,
        "relative_strength": -26.001151,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.103368,
        "energy": 25.115875,
        "activity_lines": [
          9.6024,
          9.427335,
          9.777821,
          10.015152
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10.36,
        "volume": 5377,
        "typical_volume": 10069.2,
        "trend": 10.254944,
        "fair_value": 9.754617,
        "relative_strength": -20.507353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.414341,
        "energy": 21.544053,
        "activity_lines": [
          9.9338,
          9.598654,
          9.79671,
          10.020876
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.002,
        "volume": 8829,
        "typical_volume": 9502.7,
        "trend": 10.238844,
        "fair_value": 9.76954,
        "relative_strength": -24.729403,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.839869,
        "energy": 25.182974,
        "activity_lines": [
          10.003,
          9.691866,
          9.783647,
          10.004557
        ]
      }
    ],
    "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."
    }
  }
}