{
  "ticker": {
    "uuid": "32c3506d-0a96-488d-b7be-f32eda12df7d",
    "symbol": "002674",
    "name": "Xingye Leather Technology Co., 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 71.397,
    "architecture_energy": 44.556,
    "architecture_maturity": 81.904,
    "architecture_confidence": 64.663,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 15.12,
        "rotation_up": 44.22,
        "upward_expansion": 73.3,
        "deceleration": 71.5,
        "rotation_down": 27.51,
        "downward_expansion": 11.3
      },
      "activity_lines": [
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        19.246645
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 28.33,
    "trend_reference": 17.058,
    "distance_from_trend": 0.660804,
    "trend_direction": "Improving",
    "fair_value": 11.996435,
    "distance_from_fair_value": 1.361535,
    "fair_value_direction": "Improving",
    "relative_strength": 75.009845,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.026466,
    "excess_performance": 1.019067,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.660804,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.235639,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.361535,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 1.150775,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.750098,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.890652,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.026466,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.661618,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 176420194,
      "relative_activity": 3.154017,
      "balance": 2.661618,
      "dry_up": 2.673075,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.167287,
      "annualized_volatility": 0.874667,
      "from_high_reference": -0.163813,
      "from_low_reference": 1.772016
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    "levels": {
      "trend_reference": 17.058,
      "fair_value_reference": 11.996435,
      "structural_low": 11.78,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 17,
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        "positive_rate": 0.529412,
        "directional_follow_through": 0.529412,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
      },
      {
        "horizon": "Extended",
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      {
        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 37135822.9,
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        "relative_strength": 56.478046,
        "stage": 2,
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        "modifier": "Early expansion",
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        "energy": 88.287993,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 22.42,
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        "typical_volume": 42472596.35,
        "trend": 16.315333,
        "fair_value": 11.823647,
        "relative_strength": 48.379332,
        "stage": 2,
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        "modifier": "Early expansion",
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        "direction": 65.566178,
        "energy": 63.363438,
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      },
      {
        "date": "2026-07-31",
        "close": 22.76,
        "volume": 148695891,
        "typical_volume": 48509085.85,
        "trend": 16.611667,
        "fair_value": 11.893418,
        "relative_strength": 50.838215,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.005981,
        "energy": 48.950286,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 28.33,
        "volume": 176420194,
        "typical_volume": 55935075.5,
        "trend": 17.058,
        "fair_value": 11.996435,
        "relative_strength": 75.009845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.396762,
        "energy": 44.556313,
        "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."
    }
  }
}