{
  "ticker": {
    "uuid": "1bb156f9-9c73-4d1e-af6f-173efeb65c11",
    "symbol": "603580",
    "name": "AA Industrial Belting (Shanghai) 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 83.963,
    "architecture_energy": 93.449,
    "architecture_maturity": 54.0,
    "architecture_confidence": 79.929,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 0.0,
        "rotation_up": 87.71,
        "upward_expansion": 99.77,
        "deceleration": 39.08,
        "rotation_down": 8.06,
        "downward_expansion": 21.77
      },
      "activity_lines": [
        49.344667,
        41.410546,
        33.700333,
        29.282817
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 53.830002,
    "trend_reference": 24.202667,
    "distance_from_trend": 1.224135,
    "trend_direction": "Improving",
    "fair_value": 18.252855,
    "distance_from_fair_value": 1.949128,
    "fair_value_direction": "Improving",
    "relative_strength": 165.111288,
    "relative_strength_direction": "Improving",
    "price_momentum": 2.28432,
    "excess_performance": 2.327524,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 1.224135,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.371541,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.949128,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 1.472088,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 1.651113,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 1.21776,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 2.28432,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 25.429799,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 60708615,
      "relative_activity": 3.589899,
      "balance": 25.429799,
      "dry_up": 3.182224,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.133283,
      "annualized_volatility": 0.898349,
      "from_high_reference": -0.142288,
      "from_low_reference": 2.993324
    },
    "levels": {
      "trend_reference": 24.202667,
      "fair_value_reference": 18.252855,
      "structural_low": 13.48,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 24,
        "median_return": -0.01867,
        "positive_rate": 0.458333,
        "directional_follow_through": 0.458333,
        "median_excess_return": -0.014408,
        "regime_survival": 0.708333,
        "best_return": 0.754563,
        "worst_return": -0.467026,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
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        "worst_return": -0.318166,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.071078,
        "regime_survival": 0.5,
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        "worst_return": -0.247449,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.134228,
        "sufficient": false
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      },
      {
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      },
      {
        "date": "2026-07-24",
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        "fair_value": 17.743103,
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        "stage": 2,
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      },
      {
        "date": "2026-07-31",
        "close": 52.900002,
        "volume": 80491813,
        "typical_volume": 14517737.9,
        "trend": 22.951,
        "fair_value": 17.995157,
        "relative_strength": 177.768868,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.504719,
        "energy": 95.60672,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 53.830002,
        "volume": 60708615,
        "typical_volume": 16910955.45,
        "trend": 24.202667,
        "fair_value": 18.252855,
        "relative_strength": 165.111288,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
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        "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."
    }
  }
}