{
  "ticker": {
    "uuid": "4fa98d38-7cbb-4702-b675-7dd6eef111a2",
    "symbol": "000822",
    "name": "Shandong Haihua 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -64.487,
    "architecture_energy": 61.998,
    "architecture_maturity": 83.74,
    "architecture_confidence": 90.416,
    "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": 8.22,
        "rotation_up": 29.46,
        "upward_expansion": 16.5,
        "deceleration": 60.54,
        "rotation_down": 52.22,
        "downward_expansion": 80.83
      },
      "activity_lines": [
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        4.561952,
        4.96086
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 4.26,
    "trend_reference": 5.387,
    "distance_from_trend": -0.209207,
    "trend_direction": "Weakening",
    "fair_value": 5.865936,
    "distance_from_fair_value": -0.273773,
    "fair_value_direction": "Weakening",
    "relative_strength": -25.385762,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.292359,
    "excess_performance": -0.299759,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.209207,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.072113,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.273773,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.202414,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.253858,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.030789,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.292359,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.557975,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 78786394,
      "relative_activity": 0.714703,
      "balance": 0.557975,
      "dry_up": 0.739811,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.074576,
      "annualized_volatility": 0.385529,
      "from_high_reference": -0.432756,
      "from_low_reference": 0.112272
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    "levels": {
      "trend_reference": 5.387,
      "fair_value_reference": 5.865936,
      "structural_low": 3.83,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 28,
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      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
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        "energy": 90.106422,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 140295842.3,
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        "fair_value": 5.900776,
        "relative_strength": -28.565437,
        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -70.048512,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 4.22,
        "volume": 66727608,
        "typical_volume": 126465933.7,
        "trend": 5.42,
        "fair_value": 5.883354,
        "relative_strength": -23.009132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.248788,
        "energy": 65.76925,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 4.26,
        "volume": 78786394,
        "typical_volume": 110236504.35,
        "trend": 5.387,
        "fair_value": 5.865936,
        "relative_strength": -25.385762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.48652,
        "energy": 61.997582,
        "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."
    }
  }
}