{
  "ticker": {
    "uuid": "39ee4130-1bdc-4de3-99b0-ad7784031946",
    "symbol": "688303",
    "name": "Xinjiang Daqo New Energy 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -48.036,
    "architecture_energy": 38.757,
    "architecture_maturity": 95.332,
    "architecture_confidence": 61.571,
    "architecture_tenure": "Extended",
    "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": 27.33,
        "rotation_up": 24.83,
        "upward_expansion": 16.58,
        "deceleration": 66.19,
        "rotation_down": 44.15,
        "downward_expansion": 66.58
      },
      "activity_lines": [
        17.709999,
        17.670909,
        18.836809,
        19.821054
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 18.969999,
    "trend_reference": 21.310333,
    "distance_from_trend": -0.109822,
    "trend_direction": "Weakening",
    "fair_value": 25.505044,
    "distance_from_fair_value": -0.256226,
    "fair_value_direction": "Weakening",
    "relative_strength": -22.11996,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.217732,
    "excess_performance": -0.174528,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.109822,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.140978,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.256226,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.087806,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.2212,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.04417,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.217732,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.58196,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 94647385,
      "relative_activity": 1.387488,
      "balance": 0.58196,
      "dry_up": 0.96698,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.10174,
      "annualized_volatility": 0.353476,
      "from_high_reference": -0.469222,
      "from_low_reference": 0.232619
    },
    "levels": {
      "trend_reference": 21.310333,
      "fair_value_reference": 25.505044,
      "structural_low": 15.39,
      "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": 32,
        "median_return": -0.044964,
        "positive_rate": 0.34375,
        "directional_follow_through": 0.65625,
        "median_excess_return": -0.030597,
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        "worst_return": -0.19555,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
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        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "return": 0.042304,
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      {
        "regime": "balance",
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        "regime": "rotation_up",
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        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 18.129999,
        "volume": 59410594,
        "typical_volume": 66484182.85,
        "trend": 21.572,
        "fair_value": 25.639055,
        "relative_strength": -24.100024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.240554,
        "energy": 56.627191,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 18.969999,
        "volume": 94647385,
        "typical_volume": 68214922.6,
        "trend": 21.310333,
        "fair_value": 25.505044,
        "relative_strength": -22.11996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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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."
    }
  }
}