{
  "ticker": {
    "uuid": "23f6c392-2c42-4a9e-83a5-64e19dac17f6",
    "symbol": "000553",
    "name": "ADAMA 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": 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -62.678,
    "architecture_energy": 74.294,
    "architecture_maturity": 12.198,
    "architecture_confidence": 90.201,
    "architecture_tenure": "New",
    "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": 20.76,
        "rotation_up": 10.49,
        "upward_expansion": 17.39,
        "deceleration": 37.55,
        "rotation_down": 68.86,
        "downward_expansion": 88.39
      },
      "activity_lines": [
        5.320667,
        5.467818,
        5.817238,
        5.952516
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 5.43,
    "trend_reference": 6.05,
    "distance_from_trend": -0.102479,
    "trend_direction": "Weakening",
    "fair_value": 6.335577,
    "distance_from_fair_value": -0.142935,
    "fair_value_direction": "Weakening",
    "relative_strength": -15.899386,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.128411,
    "excess_performance": -0.135811,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.102479,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.029827,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.142935,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.226292,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.158994,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.031623,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.128411,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.227198,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 40336521,
      "relative_activity": 0.772193,
      "balance": 0.227198,
      "dry_up": 0.938545,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.075506,
      "annualized_volatility": 0.448888,
      "from_high_reference": -0.288336,
      "from_low_reference": 0.086
    },
    "levels": {
      "trend_reference": 6.05,
      "fair_value_reference": 6.335577,
      "structural_low": 5.0,
      "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": 33,
        "median_return": -0.002457,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.545455,
        "median_excess_return": 0.00889,
        "regime_survival": 0.848485,
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        "worst_return": -0.16358,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
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        "positive_rate": 0.416667,
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        "regime_survival": 0.666667,
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        "worst_return": -0.258065,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.0368,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "worst_return": -0.214057,
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        "regime": "deceleration",
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      {
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      {
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      },
      {
        "date": "2026-07-03",
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      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 62502051.9,
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        "fair_value": 6.398718,
        "relative_strength": -19.421629,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.811559,
        "energy": 63.755146,
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      },
      {
        "date": "2026-07-24",
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        "volume": 49762143,
        "typical_volume": 62303964.45,
        "trend": 6.068333,
        "fair_value": 6.376859,
        "relative_strength": -19.905788,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -77.500827,
        "energy": 73.046873,
        "activity_lines": [
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          6.040258
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      },
      {
        "date": "2026-07-31",
        "close": 5.33,
        "volume": 37860063,
        "typical_volume": 57176585.1,
        "trend": 6.051667,
        "fair_value": 6.355641,
        "relative_strength": -13.928728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.443966,
        "energy": 72.292143,
        "activity_lines": [
          5.326,
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          5.877286,
          5.992624
        ]
      },
      {
        "date": "2026-08-07",
        "close": 5.43,
        "volume": 40336521,
        "typical_volume": 52236342.0,
        "trend": 6.05,
        "fair_value": 6.335577,
        "relative_strength": -15.899386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.678397,
        "energy": 74.293759,
        "activity_lines": [
          5.320667,
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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."
    }
  }
}