{
  "ticker": {
    "uuid": "3ed0da20-4db7-4d16-aceb-c6c8790289a9",
    "symbol": "002577",
    "name": "Shenzhen Rapoo 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 49.103,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 37.755,
    "architecture_energy": 20.738,
    "architecture_maturity": 29.079,
    "architecture_confidence": 83.106,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 46.63,
        "rotation_up": 31.79,
        "upward_expansion": 57.31,
        "deceleration": 84.23,
        "rotation_down": 32.21,
        "downward_expansion": 18.65
      },
      "activity_lines": [
        17.924666,
        18.156909,
        18.030762,
        17.739097
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 18.799999,
    "trend_reference": 17.607,
    "distance_from_trend": 0.067757,
    "trend_direction": "Weakening",
    "fair_value": 17.19468,
    "distance_from_fair_value": 0.093361,
    "fair_value_direction": "Improving",
    "relative_strength": -1.733604,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.035242,
    "excess_performance": 0.027842,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.067757,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.002813,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.093361,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.047606,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.017336,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.231054,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.035242,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.461607,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 22975096,
      "relative_activity": 1.41593,
      "balance": 1.461607,
      "dry_up": 1.572674,
      "accumulation_observations": 5,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.092308,
      "annualized_volatility": 0.416043,
      "from_high_reference": -0.188606,
      "from_low_reference": 0.278042
    },
    "levels": {
      "trend_reference": 17.607,
      "fair_value_reference": 17.19468,
      "structural_low": 14.71,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": 0.012749,
        "positive_rate": 0.5625,
        "directional_follow_through": 0.5625,
        "median_excess_return": -0.021642,
        "regime_survival": 0.5,
        "best_return": 0.172321,
        "worst_return": -0.170688,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.079854,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.035892,
        "regime_survival": 0.222222,
        "best_return": 0.316964,
        "worst_return": -0.065719,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.028184,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.03899,
        "regime_survival": 0.142857,
        "best_return": 0.826531,
        "worst_return": -0.165832,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.603499,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.234365,
        "regime_survival": 0.0,
        "best_return": 0.734821,
        "worst_return": 0.062167,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-30",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": 0.093294,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-11",
        "end": "2024-10-18",
        "tenure": "New",
        "return": 0.058949,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-25",
        "end": "2025-04-11",
        "tenure": "Established",
        "return": 0.237354,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-18",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.018789,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-02",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": -0.049756,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-20",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.047595,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-22",
        "tenure": "Developing",
        "return": 0.071497,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-09-05",
        "tenure": "New",
        "return": -0.067727,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-10-24",
        "tenure": "Developing",
        "return": -0.031574,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-31",
        "end": "2025-11-07",
        "tenure": "New",
        "return": 0.012579,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-14",
        "end": "2026-05-22",
        "tenure": "Extended",
        "return": 0.001057,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "tenure": "Developing",
        "return": 0.103468,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2026-07-17",
        "tenure": "New",
        "return": -0.031926,
        "active": false
      },
      {
        "regime": "balance",
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        "color": "blue",
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        "tenure": "New",
        "return": 0.169882,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-07-28",
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      },
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      },
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      },
      {
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        "stage": 1,
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        "direction": 40.104502,
        "energy": 22.471317,
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      },
      {
        "date": "2026-07-24",
        "close": 16.07,
        "volume": 23351241,
        "typical_volume": 14363240.0,
        "trend": 17.562333,
        "fair_value": 17.169295,
        "relative_strength": -14.13292,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "energy": 8.374745,
        "activity_lines": [
          17.643333,
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      },
      {
        "date": "2026-07-31",
        "close": 18.1,
        "volume": 28968369,
        "typical_volume": 15420114.55,
        "trend": 17.574,
        "fair_value": 17.178013,
        "relative_strength": -1.145902,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.560594,
        "energy": 18.433155,
        "activity_lines": [
          17.676,
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      },
      {
        "date": "2026-08-07",
        "close": 18.799999,
        "volume": 22975096,
        "typical_volume": 16226152.35,
        "trend": 17.607,
        "fair_value": 17.19468,
        "relative_strength": -1.733604,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.754874,
        "energy": 20.738369,
        "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."
    }
  }
}