{
  "ticker": {
    "uuid": "2f6f6f6c-a752-40a9-806b-aad75b95d672",
    "symbol": "603289",
    "name": "Tederic Machinery 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": "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": -63.151,
    "architecture_energy": 56.842,
    "architecture_maturity": 29.977,
    "architecture_confidence": 95.327,
    "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": 10.66,
        "rotation_up": 20.73,
        "upward_expansion": 9.89,
        "deceleration": 47.85,
        "rotation_down": 59.5,
        "downward_expansion": 83.22
      },
      "activity_lines": [
        8.0,
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        9.155138,
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 8.27,
    "trend_reference": 10.310192,
    "distance_from_trend": -0.197881,
    "trend_direction": "Weakening",
    "fair_value": 9.280863,
    "distance_from_fair_value": -0.108919,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.273314,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.254283,
    "excess_performance": -0.211079,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.197881,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.053259,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.108919,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.414837,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.192733,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.270053,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.254283,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.540759,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 15276890,
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      "balance": 0.540759,
      "dry_up": 0.570749,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.12451,
      "annualized_volatility": 0.450219,
      "from_high_reference": -0.352782,
      "from_low_reference": 0.151811
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    "levels": {
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      "fair_value_reference": 9.280863,
      "structural_low": 7.18,
      "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": 16,
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        "positive_rate": 0.5625,
        "directional_follow_through": 0.4375,
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      },
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        "horizon": "Intermediate",
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        "worst_return": -0.130012,
        "sufficient": true
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      {
        "horizon": "Extended",
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        "sufficient": false
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        "horizon": "Full cycle",
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 37077347.25,
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        "fair_value": 9.30745,
        "relative_strength": -26.086341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -78.592492,
        "energy": 78.675726,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 7.99,
        "volume": 15696917,
        "typical_volume": 34968119.35,
        "trend": 10.371858,
        "fair_value": 9.291925,
        "relative_strength": -20.184166,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.111929,
        "energy": 66.858773,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 8.27,
        "volume": 15276890,
        "typical_volume": 33795399.85,
        "trend": 10.310192,
        "fair_value": 9.280863,
        "relative_strength": -19.273314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.151311,
        "energy": 56.841579,
        "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."
    }
  }
}