{
  "ticker": {
    "uuid": "29c08607-1e47-4268-a803-83d8ac6e7802",
    "symbol": "688058",
    "name": "Beijing Baolande Software Corporation",
    "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": -62.699,
    "architecture_energy": 54.354,
    "architecture_maturity": 66.926,
    "architecture_confidence": 92.708,
    "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": 9.26,
        "rotation_up": 25.82,
        "upward_expansion": 9.15,
        "deceleration": 60.66,
        "rotation_down": 53.61,
        "downward_expansion": 82.49
      },
      "activity_lines": [
        21.189334,
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        23.368905,
        25.024882
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 22.700001,
    "trend_reference": 27.129666,
    "distance_from_trend": -0.163278,
    "trend_direction": "Weakening",
    "fair_value": 28.400197,
    "distance_from_fair_value": -0.20071,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.382327,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.271969,
    "excess_performance": -0.228765,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.163278,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.076845,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.20071,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.213565,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.193823,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.128977,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.271969,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.520159,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 7004956,
      "relative_activity": 1.325512,
      "balance": 0.520159,
      "dry_up": 1.169322,
      "accumulation_observations": 3,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.100678,
      "annualized_volatility": 0.426426,
      "from_high_reference": -0.365922,
      "from_low_reference": 0.252069
    },
    "levels": {
      "trend_reference": 27.129666,
      "fair_value_reference": 28.400197,
      "structural_low": 18.129999,
      "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": 30,
        "median_return": 0.064487,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.02227,
        "regime_survival": 0.7,
        "best_return": 0.403446,
        "worst_return": -0.258948,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
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        "positive_rate": 0.454545,
        "directional_follow_through": 0.545455,
        "median_excess_return": 0.030089,
        "regime_survival": 0.363636,
        "best_return": 0.789501,
        "worst_return": -0.319186,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": -0.117316,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.122514,
        "regime_survival": 0.625,
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        "worst_return": -0.410866,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "regime_survival": 0.25,
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        "worst_return": -0.250367,
        "sufficient": false
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    ],
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      },
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
        "regime": "rotation_up",
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      {
        "regime": "upward_expansion",
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      {
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-04-24",
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      },
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      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 5692540.05,
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        "relative_strength": -28.487733,
        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -81.348337,
        "energy": 90.403492,
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          24.725428,
          26.256107
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      },
      {
        "date": "2026-07-24",
        "close": 19.1,
        "volume": 6316866,
        "typical_volume": 5472854.15,
        "trend": 27.458,
        "fair_value": 28.579367,
        "relative_strength": -31.045253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -80.138086,
        "energy": 86.264422,
        "activity_lines": [
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          24.029619,
          25.700279
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      },
      {
        "date": "2026-07-31",
        "close": 21.57,
        "volume": 5597382,
        "typical_volume": 5312749.9,
        "trend": 27.280666,
        "fair_value": 28.481205,
        "relative_strength": -21.89699,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.412582,
        "energy": 64.026781,
        "activity_lines": [
          20.490667,
          21.177818,
          23.622857,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 22.700001,
        "volume": 7004956,
        "typical_volume": 5284715.4,
        "trend": 27.129666,
        "fair_value": 28.400197,
        "relative_strength": -19.382327,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.698989,
        "energy": 54.354125,
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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."
    }
  }
}