{
  "ticker": {
    "uuid": "4cc8d370-5610-4199-895a-00ee95e42e89",
    "symbol": "300609",
    "name": "Winner Technology Co., Inc.",
    "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": -67.144,
    "architecture_energy": 83.585,
    "architecture_maturity": 36.0,
    "architecture_confidence": 87.588,
    "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": 4.54,
        "rotation_up": 9.39,
        "upward_expansion": 20.56,
        "deceleration": 37.37,
        "rotation_down": 78.25,
        "downward_expansion": 96.22
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
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    "latest_close": 26.190001,
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    "distance_from_trend": -0.262267,
    "trend_direction": "Weakening",
    "fair_value": 29.718488,
    "distance_from_fair_value": -0.11873,
    "fair_value_direction": "Weakening",
    "relative_strength": -34.587462,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.330693,
    "excess_performance": -0.338092,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.262267,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.089789,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.11873,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.579981,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.345875,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.241185,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.330693,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.464373,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "dry_up": 1.208255,
      "accumulation_observations": 2,
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    "risk": {
      "range_context": 0.143038,
      "annualized_volatility": 0.426384,
      "from_high_reference": -0.586256,
      "from_low_reference": 0.217007
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    "levels": {
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      "fair_value_reference": 29.718488,
      "structural_low": 21.52,
      "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": 15,
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        "positive_rate": 0.466667,
        "directional_follow_through": 0.533333,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "regime": "deceleration",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 16684399.6,
        "trend": 36.357,
        "fair_value": 29.735764,
        "relative_strength": -39.944432,
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        "modifier": "Early contraction",
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        "direction": -85.381282,
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      },
      {
        "date": "2026-07-31",
        "close": 24.58,
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        "typical_volume": 16216478.1,
        "trend": 35.913334,
        "fair_value": 29.716131,
        "relative_strength": -36.174382,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.134536,
        "energy": 89.47575,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 26.190001,
        "volume": 24164662,
        "typical_volume": 16253055.4,
        "trend": 35.500667,
        "fair_value": 29.718488,
        "relative_strength": -34.587462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early 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."
    }
  }
}