{
  "ticker": {
    "uuid": "5191ef82-2940-4213-a8bd-8dc1a61bf207",
    "symbol": "601066",
    "name": "CSC Financial 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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 77.583,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 37.421,
    "architecture_energy": 21.554,
    "architecture_maturity": 57.152,
    "architecture_confidence": 84.71,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 48.44,
        "rotation_up": 24.84,
        "upward_expansion": 60.69,
        "deceleration": 91.02,
        "rotation_down": 27.1,
        "downward_expansion": 15.36
      },
      "activity_lines": [
        26.116,
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        25.500048,
        24.785011
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 26.040001,
    "trend_reference": 24.272333,
    "distance_from_trend": 0.072826,
    "trend_direction": "Improving",
    "fair_value": 23.831678,
    "distance_from_fair_value": 0.092663,
    "fair_value_direction": "Improving",
    "relative_strength": 4.30392,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.082744,
    "excess_performance": 0.125948,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.072826,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.009756,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.092663,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.125302,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.043039,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.194014,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.082744,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.491119,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 115369963,
      "relative_activity": 1.104803,
      "balance": 0.491119,
      "dry_up": 1.44747,
      "accumulation_observations": 3,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.078016,
      "annualized_volatility": 0.371067,
      "from_high_reference": -0.170701,
      "from_low_reference": 0.245933
    },
    "levels": {
      "trend_reference": 24.272333,
      "fair_value_reference": 23.831678,
      "structural_low": 20.9,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.006956,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.019102,
        "regime_survival": 0.5,
        "best_return": 0.081888,
        "worst_return": -0.094192,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.01456,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.001769,
        "regime_survival": 0.0,
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        "worst_return": -0.087863,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.053359,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.011246,
        "regime_survival": 0.25,
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        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "directional_follow_through": 0.5,
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        "worst_return": -0.016332,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "Developing",
        "return": -0.08414,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
        "return": -0.010012,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
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      },
      {
        "regime": "deceleration",
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        "active": false
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      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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      {
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      {
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 92178605.75,
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        "fair_value": 23.784124,
        "relative_strength": 10.698353,
        "stage": 2,
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        "energy": 69.43998,
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      },
      {
        "date": "2026-07-24",
        "close": 26.07,
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        "typical_volume": 97614860.5,
        "trend": 24.320758,
        "fair_value": 23.801605,
        "relative_strength": 7.581229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 58.122198,
        "energy": 43.817839,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 25.77,
        "volume": 125008771,
        "typical_volume": 101444579.5,
        "trend": 24.291217,
        "fair_value": 23.815437,
        "relative_strength": 5.987456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.358274,
        "energy": 27.983748,
        "activity_lines": [
          26.363333,
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      },
      {
        "date": "2026-08-07",
        "close": 26.040001,
        "volume": 115369963,
        "typical_volume": 104425794.95,
        "trend": 24.272333,
        "fair_value": 23.831678,
        "relative_strength": 4.30392,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.421308,
        "energy": 21.554115,
        "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."
    }
  }
}