{
  "ticker": {
    "uuid": "45d7f5b3-5c8a-4e9e-87bc-6fb08a50df3c",
    "symbol": "603755",
    "name": "Qingdao Richen Food 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": -66.149,
    "architecture_energy": 62.056,
    "architecture_maturity": 56.579,
    "architecture_confidence": 87.662,
    "architecture_tenure": "Established",
    "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": 5.76,
        "rotation_up": 17.46,
        "upward_expansion": 10.65,
        "deceleration": 54.56,
        "rotation_down": 68.67,
        "downward_expansion": 86.32
      },
      "activity_lines": [
        21.889334,
        22.658,
        24.362667,
        25.913075
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 22.690001,
    "trend_reference": 28.555754,
    "distance_from_trend": -0.205414,
    "trend_direction": "Weakening",
    "fair_value": 26.785224,
    "distance_from_fair_value": -0.152891,
    "fair_value_direction": "Weakening",
    "relative_strength": -24.18514,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.348924,
    "excess_performance": -0.30572,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.205414,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.129114,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.152891,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.22998,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.241851,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.128234,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.348924,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.299379,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 5109350,
      "relative_activity": 1.000808,
      "balance": 0.299379,
      "dry_up": 0.993435,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.090823,
      "annualized_volatility": 0.438467,
      "from_high_reference": -0.444902,
      "from_low_reference": 0.138485
    },
    "levels": {
      "trend_reference": 28.555754,
      "fair_value_reference": 26.785224,
      "structural_low": 19.93,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": 0.010625,
        "positive_rate": 0.521739,
        "directional_follow_through": 0.478261,
        "median_excess_return": 0.014515,
        "regime_survival": 0.73913,
        "best_return": 0.232458,
        "worst_return": -0.357007,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "positive_rate": 0.5,
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        "regime_survival": 0.375,
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        "worst_return": -0.220857,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.058428,
        "positive_rate": 0.5,
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        "median_excess_return": 0.095736,
        "regime_survival": 0.0,
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        "worst_return": -0.104283,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "best_return": 0.194115,
        "worst_return": -0.184503,
        "sufficient": false
      }
    ],
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        "color": "red",
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        "end": "2024-06-07",
        "tenure": "New",
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      {
        "regime": "rotation_up",
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      {
        "regime": "balance",
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      {
        "regime": "upward_expansion",
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      {
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      {
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        "regime": "deceleration",
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      },
      {
        "date": "2026-07-17",
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        "fair_value": 26.953995,
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        "stage": 4,
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        "direction": -77.752066,
        "energy": 73.486004,
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      },
      {
        "date": "2026-07-24",
        "close": 20.1,
        "volume": 5707045,
        "typical_volume": 5256328.95,
        "trend": 29.501994,
        "fair_value": 26.8928,
        "relative_strength": -31.203495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.424281,
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      },
      {
        "date": "2026-07-31",
        "close": 21.66,
        "volume": 4985240,
        "typical_volume": 5130175.95,
        "trend": 29.011542,
        "fair_value": 26.839744,
        "relative_strength": -25.89845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.744604,
        "energy": 69.451216,
        "activity_lines": [
          21.774666,
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          24.677952,
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      },
      {
        "date": "2026-08-07",
        "close": 22.690001,
        "volume": 5109350,
        "typical_volume": 5105223.45,
        "trend": 28.555754,
        "fair_value": 26.785224,
        "relative_strength": -24.18514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.148771,
        "energy": 62.055601,
        "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."
    }
  }
}