{
  "ticker": {
    "uuid": "29ab12bd-ff34-42de-a268-424e78df18cb",
    "symbol": "688275",
    "name": "Hubei Wanrun New Energy Technology 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": 68.739,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -41.117,
    "architecture_energy": 78.631,
    "architecture_maturity": 26.0,
    "architecture_confidence": 70.169,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 18.09,
        "rotation_up": 16.03,
        "upward_expansion": 27.99,
        "deceleration": 43.0,
        "rotation_down": 76.58,
        "downward_expansion": 69.66
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      "activity_lines": [
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        112.670517
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
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    "latest_close": 80.800003,
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    "distance_from_trend": -0.260371,
    "trend_direction": "Improving",
    "fair_value": 61.593205,
    "distance_from_fair_value": 0.311833,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.158796,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.049896,
    "excess_performance": 0.0931,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": false,
        "value": -0.260371,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.069203,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.311833,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.120393,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.101588,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.97339,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.049896,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.482665,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "relative_activity": 0.815478,
      "balance": 0.482665,
      "dry_up": 1.09181,
      "accumulation_observations": 1,
      "distribution_observations": 5
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    "risk": {
      "range_context": 0.171668,
      "annualized_volatility": 0.710089,
      "from_high_reference": -0.551111,
      "from_low_reference": 0.979907
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      "fair_value_reference": 61.593205,
      "structural_low": 66.760002,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.014301,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
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        "sufficient": false
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        "horizon": "Intermediate",
        "sample_count": 1,
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        "sufficient": false
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      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.714796,
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        "sufficient": false
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        "horizon": "Full cycle",
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        "sufficient": false
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        "end": "2024-09-27",
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        "active": false
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        "regime": "upward_expansion",
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        "active": false
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        "regime": "deceleration",
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        "end": "2025-04-04",
        "tenure": "Established",
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        "active": false
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        "regime": "rotation_down",
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        "end": "2025-04-25",
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        "active": false
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        "regime": "downward_expansion",
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        "active": false
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        "regime": "balance",
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        "date": "2026-06-19",
        "close": 136.050003,
        "volume": 18351611,
        "typical_volume": 25742606.65,
        "trend": 106.008668,
        "fair_value": 61.499808,
        "relative_strength": 56.789982,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.617074,
        "energy": 24.116011,
        "activity_lines": [
          130.972668,
          136.320002,
          130.555287,
          119.659291
        ]
      },
      {
        "date": "2026-06-26",
        "close": 123.650002,
        "volume": 4777016,
        "typical_volume": 24732626.15,
        "trend": 107.497667,
        "fair_value": 61.696282,
        "relative_strength": 42.238113,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.441369,
        "energy": 22.445249,
        "activity_lines": [
          127.935335,
          133.463456,
          130.886192,
          120.797442
        ]
      },
      {
        "date": "2026-07-03",
        "close": 120.050003,
        "volume": 2691204,
        "typical_volume": 23446069.65,
        "trend": 108.447667,
        "fair_value": 61.869359,
        "relative_strength": 35.380886,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.639705,
        "energy": 14.806994,
        "activity_lines": [
          125.134669,
          130.190729,
          130.651906,
          121.60727
        ]
      },
      {
        "date": "2026-07-10",
        "close": 97.389999,
        "volume": 23228615,
        "typical_volume": 23625492.35,
        "trend": 109.078001,
        "fair_value": 61.923718,
        "relative_strength": 9.877111,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -17.086774,
        "energy": 23.973345,
        "activity_lines": [
          115.697335,
          123.237092,
          128.099763,
          120.893872
        ]
      },
      {
        "date": "2026-07-17",
        "close": 77.199997,
        "volume": 26784890,
        "typical_volume": 24191912.2,
        "trend": 109.140334,
        "fair_value": 61.839551,
        "relative_strength": -8.254332,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -49.684548,
        "energy": 63.233123,
        "activity_lines": [
          101.270666,
          113.655819,
          123.549667,
          118.837226
        ]
      },
      {
        "date": "2026-07-24",
        "close": 75.879997,
        "volume": 29050489,
        "typical_volume": 24278713.05,
        "trend": 109.289667,
        "fair_value": 61.7625,
        "relative_strength": -11.631749,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.863348,
        "energy": 74.445654,
        "activity_lines": [
          89.607999,
          105.082909,
          118.927619,
          116.691398
        ]
      },
      {
        "date": "2026-07-31",
        "close": 75.230003,
        "volume": 25651600,
        "typical_volume": 23869820.3,
        "trend": 109.064,
        "fair_value": 61.650513,
        "relative_strength": -13.35276,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.803773,
        "energy": 82.436109,
        "activity_lines": [
          81.74,
          97.706909,
          114.337096,
          114.494001
        ]
      },
      {
        "date": "2026-08-07",
        "close": 80.800003,
        "volume": 18709282,
        "typical_volume": 22942704.3,
        "trend": 109.244,
        "fair_value": 61.593205,
        "relative_strength": -10.158796,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.116524,
        "energy": 78.63061,
        "activity_lines": [
          78.956667,
          92.615819,
          110.455001,
          112.670517
        ]
      }
    ],
    "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."
    }
  }
}