{
  "ticker": {
    "uuid": "2068edd6-acc7-47f7-ade5-5467c1f98a16",
    "symbol": "603598",
    "name": "Inly Media 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "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": -61.469,
    "architecture_energy": 49.637,
    "architecture_maturity": 29.449,
    "architecture_confidence": 86.046,
    "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": 12.74,
        "rotation_up": 18.77,
        "upward_expansion": 7.15,
        "deceleration": 52.11,
        "rotation_down": 59.6,
        "downward_expansion": 80.49
      },
      "activity_lines": [
        16.618,
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        18.596571,
        19.575247
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": -0.666667
    },
    "latest_close": 18.07,
    "trend_reference": 21.320667,
    "distance_from_trend": -0.152466,
    "trend_direction": "Improving",
    "fair_value": 16.744808,
    "distance_from_fair_value": 0.07914,
    "fair_value_direction": "Weakening",
    "relative_strength": -6.713905,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.384746,
    "excess_performance": -0.341543,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.152466,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.00342,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.07914,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.467468,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.067139,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.259338,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.384746,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.889454,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 151261325,
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      "balance": 0.889454,
      "dry_up": 1.068731,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.124771,
      "annualized_volatility": 0.600412,
      "from_high_reference": -0.475928,
      "from_low_reference": 0.284293
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    "levels": {
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      "structural_low": 14.07,
      "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": 20,
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        "worst_return": -0.218718,
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      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.146654,
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      },
      {
        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "regime": "downward_expansion",
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      },
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        "fair_value": 16.625705,
        "relative_strength": -19.375104,
        "stage": 4,
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        "modifier": "Early contraction",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 70024573.9,
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        "fair_value": 16.65391,
        "relative_strength": -22.417624,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -77.502543,
        "energy": 83.975204,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 17.07,
        "volume": 62577875,
        "typical_volume": 69760673.35,
        "trend": 21.284667,
        "fair_value": 16.694808,
        "relative_strength": -9.633718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.478005,
        "energy": 66.186005,
        "activity_lines": [
          15.960667,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.07,
        "volume": 151261325,
        "typical_volume": 74037939.4,
        "trend": 21.320667,
        "fair_value": 16.744808,
        "relative_strength": -6.713905,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.469367,
        "energy": 49.637086,
        "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."
    }
  }
}