{
  "ticker": {
    "uuid": "47e3f1fe-4e96-4b74-82d1-cb6e7152bb6b",
    "symbol": "300789",
    "name": "Chengdu Tangyuan Electric 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": 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": -49.781,
    "architecture_energy": 39.709,
    "architecture_maturity": 62.953,
    "architecture_confidence": 65.347,
    "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": 20.67,
        "rotation_up": 22.79,
        "upward_expansion": 16.59,
        "deceleration": 66.83,
        "rotation_down": 49.53,
        "downward_expansion": 68.93
      },
      "activity_lines": [
        17.47404,
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        18.897055,
        19.789472
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 18.610001,
    "trend_reference": 20.984443,
    "distance_from_trend": -0.113153,
    "trend_direction": "Weakening",
    "fair_value": 20.148026,
    "distance_from_fair_value": -0.076336,
    "fair_value_direction": "Weakening",
    "relative_strength": -23.535482,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.178729,
    "excess_performance": -0.186129,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.113153,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.0825,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.076336,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.250268,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.235355,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.000848,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.178729,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.257205,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 57060514,
      "relative_activity": 4.360454,
      "balance": 0.257205,
      "dry_up": 2.188941,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.114682,
      "annualized_volatility": 0.520903,
      "from_high_reference": -0.452002,
      "from_low_reference": 0.336012
    },
    "levels": {
      "trend_reference": 20.984443,
      "fair_value_reference": 20.148026,
      "structural_low": 13.929516,
      "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": 24,
        "median_return": -0.021944,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.583333,
        "median_excess_return": -0.007121,
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        "best_return": 0.342297,
        "worst_return": -0.196552,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "positive_rate": 0.375,
        "directional_follow_through": 0.625,
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        "regime_survival": 0.625,
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        "worst_return": -0.21252,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.010625,
        "regime_survival": 0.4,
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        "worst_return": -0.229368,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": 0.021238,
        "sufficient": false
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        "tenure": "Developing",
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        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2023-06-02",
        "tenure": "New",
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      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "balance",
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "Extended",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2024-11-15",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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        "active": false
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 9941508.4,
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        "fair_value": 20.215185,
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        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -79.759261,
        "energy": 89.944085,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.080387,
        "volume": 16035879,
        "typical_volume": 10323887.5,
        "trend": 21.22211,
        "fair_value": 20.178005,
        "relative_strength": -37.693063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.645448,
        "energy": 88.466864,
        "activity_lines": [
          15.981242,
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          19.156658,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 18.959999,
        "volume": 27643216,
        "typical_volume": 11350926.45,
        "trend": 21.130777,
        "fair_value": 20.161521,
        "relative_strength": -19.253761,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.753795,
        "energy": 55.84689,
        "activity_lines": [
          16.865688,
          17.316215,
          19.03688,
          19.952103
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.610001,
        "volume": 57060514,
        "typical_volume": 13085912.65,
        "trend": 20.984443,
        "fair_value": 20.148026,
        "relative_strength": -23.535482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.780677,
        "energy": 39.708851,
        "activity_lines": [
          17.47404,
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          18.897055,
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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."
    }
  }
}