{
  "ticker": {
    "uuid": "2480f352-7a74-4a60-b33f-a5ae703f530c",
    "symbol": "688520",
    "name": "Sinocelltech Group Limited",
    "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": -41.124,
    "architecture_energy": 27.523,
    "architecture_maturity": 35.491,
    "architecture_confidence": 68.065,
    "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": 47.39,
        "rotation_up": 21.41,
        "upward_expansion": 9.41,
        "deceleration": 61.93,
        "rotation_down": 39.75,
        "downward_expansion": 66.07
      },
      "activity_lines": [
        35.716666,
        35.638726,
        36.962095,
        37.990408
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 37.82,
    "trend_reference": 39.643333,
    "distance_from_trend": -0.045993,
    "trend_direction": "Weakening",
    "fair_value": 45.144744,
    "distance_from_fair_value": -0.16225,
    "fair_value_direction": "Weakening",
    "relative_strength": -17.408138,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.096296,
    "excess_performance": -0.053092,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.045993,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.091756,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.16225,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.057392,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.174081,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.074343,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.096296,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.278207,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 17634743,
      "relative_activity": 1.337475,
      "balance": 0.278207,
      "dry_up": 1.261579,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.09952,
      "annualized_volatility": 0.381009,
      "from_high_reference": -0.520294,
      "from_low_reference": 0.17417
    },
    "levels": {
      "trend_reference": 39.643333,
      "fair_value_reference": 45.144744,
      "structural_low": 32.209999,
      "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": 25,
        "median_return": -0.007855,
        "positive_rate": 0.48,
        "directional_follow_through": 0.52,
        "median_excess_return": -0.015497,
        "regime_survival": 0.8,
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        "worst_return": -0.142698,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.666667,
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        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 5,
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-17",
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        "volume": 22356902,
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        "fair_value": 45.588397,
        "relative_strength": -21.874878,
        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -43.529921,
        "energy": 28.818082,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 33.759998,
        "volume": 15816865,
        "typical_volume": 12963488.8,
        "trend": 40.172,
        "fair_value": 45.420192,
        "relative_strength": -26.55751,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -54.622048,
        "energy": 30.276555,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 33.849998,
        "volume": 10727689,
        "typical_volume": 12959763.85,
        "trend": 39.826333,
        "fair_value": 45.256538,
        "relative_strength": -25.22748,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.082086,
        "energy": 38.038831,
        "activity_lines": [
          35.060665,
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      },
      {
        "date": "2026-08-07",
        "close": 37.82,
        "volume": 17634743,
        "typical_volume": 13185102.1,
        "trend": 39.643333,
        "fair_value": 45.144744,
        "relative_strength": -17.408138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.123727,
        "energy": 27.523027,
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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."
    }
  }
}