{
  "ticker": {
    "uuid": "4ef905fd-4ef5-42cf-9a2f-5bb749abf06a",
    "symbol": "301180",
    "name": "Suzhou Wanxiang 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": 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": -67.787,
    "architecture_energy": 84.933,
    "architecture_maturity": 34.0,
    "architecture_confidence": 96,
    "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": 3.68,
        "rotation_up": 18.72,
        "upward_expansion": 20.92,
        "deceleration": 37.59,
        "rotation_down": 69.58,
        "downward_expansion": 96.58
      },
      "activity_lines": [
        10.971333,
        11.619273,
        13.520905,
        15.004344
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": -0.833333
    },
    "latest_close": 11.54,
    "trend_reference": 16.545333,
    "distance_from_trend": -0.302522,
    "trend_direction": "Weakening",
    "fair_value": 15.308393,
    "distance_from_fair_value": -0.246165,
    "fair_value_direction": "Weakening",
    "relative_strength": -31.383602,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.343572,
    "excess_performance": -0.350972,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.302522,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.075559,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.246165,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.470515,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.313836,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.260283,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.343572,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.249772,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 16923403,
      "relative_activity": 0.686282,
      "balance": 0.249772,
      "dry_up": 0.853666,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.121584,
      "annualized_volatility": 0.511942,
      "from_high_reference": -0.507679,
      "from_low_reference": 0.203337
    },
    "levels": {
      "trend_reference": 16.545333,
      "fair_value_reference": 15.308393,
      "structural_low": 9.59,
      "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": 12,
        "median_return": 0.038402,
        "positive_rate": 0.583333,
        "directional_follow_through": 0.416667,
        "median_excess_return": 0.010412,
        "regime_survival": 0.75,
        "best_return": 0.106095,
        "worst_return": -0.189297,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.037425,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.120445,
        "regime_survival": 0.4,
        "best_return": 0.098876,
        "worst_return": -0.016591,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.047149,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.090249,
        "regime_survival": 0.0,
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        "worst_return": 0.036882,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.050585,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "active": false
      },
      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "return": 0.017118,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "return": 0.05663,
        "active": false
      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
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      },
      {
        "regime": "upward_expansion",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 33045613.75,
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        "fair_value": 15.427102,
        "relative_strength": -35.485364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.671795,
        "energy": 92.299219,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 31016856.65,
        "trend": 16.928667,
        "fair_value": 15.384954,
        "relative_strength": -38.49659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.335022,
        "energy": 93.037881,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 10.8,
        "volume": 21029648,
        "typical_volume": 28539936.75,
        "trend": 16.717333,
        "fair_value": 15.341102,
        "relative_strength": -32.996554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.946352,
        "energy": 88.49914,
        "activity_lines": [
          10.888,
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      },
      {
        "date": "2026-08-07",
        "close": 11.54,
        "volume": 16923403,
        "typical_volume": 24659551.75,
        "trend": 16.545333,
        "fair_value": 15.308393,
        "relative_strength": -31.383602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.786876,
        "energy": 84.933346,
        "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."
    }
  }
}