{
  "ticker": {
    "uuid": "594a1d80-e9b7-4809-aafb-780075fd6b05",
    "symbol": "688696",
    "name": "XGIMI Technology 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": 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": -63.587,
    "architecture_energy": 58.508,
    "architecture_maturity": 100.0,
    "architecture_confidence": 94.692,
    "architecture_tenure": "Extended",
    "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": 9.78,
        "rotation_up": 28.48,
        "upward_expansion": 10.83,
        "deceleration": 60.91,
        "rotation_down": 52.0,
        "downward_expansion": 84.16
      },
      "activity_lines": [
        64.639998,
        64.878362,
        71.04377,
        76.350143
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 67.419998,
    "trend_reference": 83.795934,
    "distance_from_trend": -0.195426,
    "trend_direction": "Weakening",
    "fair_value": 98.097835,
    "distance_from_fair_value": -0.312727,
    "fair_value_direction": "Weakening",
    "relative_strength": -29.565199,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.270528,
    "excess_performance": -0.227325,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.195426,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.142841,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.312727,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.166613,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.295652,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.052816,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.270528,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.559722,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 5448191,
      "relative_activity": 1.479196,
      "balance": 0.559722,
      "dry_up": 1.478628,
      "accumulation_observations": 3,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.087471,
      "annualized_volatility": 0.329212,
      "from_high_reference": -0.497083,
      "from_low_reference": 0.124604
    },
    "levels": {
      "trend_reference": 83.795934,
      "fair_value_reference": 98.097835,
      "structural_low": 59.950001,
      "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": 31,
        "median_return": -0.029307,
        "positive_rate": 0.419355,
        "directional_follow_through": 0.580645,
        "median_excess_return": -0.032112,
        "regime_survival": 0.83871,
        "best_return": 0.436689,
        "worst_return": -0.23335,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.035024,
        "positive_rate": 0.272727,
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        "worst_return": -0.266765,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "regime_survival": 0.4,
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        "worst_return": -0.259988,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "sufficient": false
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        "end": "2024-04-12",
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      },
      {
        "regime": "downward_expansion",
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      {
        "regime": "balance",
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        "regime": "upward_expansion",
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        "end": "2025-04-11",
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      {
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      },
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        "date": "2026-07-17",
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        "fair_value": 99.399868,
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        "energy": 77.876833,
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      },
      {
        "date": "2026-07-24",
        "close": 60.599998,
        "volume": 4778118,
        "typical_volume": 3565087.85,
        "trend": 86.47389,
        "fair_value": 98.915385,
        "relative_strength": -35.902239,
        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 70.308079,
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      },
      {
        "date": "2026-07-31",
        "close": 65.129997,
        "volume": 5584999,
        "typical_volume": 3615375.75,
        "trend": 85.213959,
        "fair_value": 98.488155,
        "relative_strength": -30.799907,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.770673,
        "energy": 64.820039,
        "activity_lines": [
          63.445332,
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          72.061608,
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      },
      {
        "date": "2026-08-07",
        "close": 67.419998,
        "volume": 5448191,
        "typical_volume": 3683210.3,
        "trend": 83.795934,
        "fair_value": 98.097835,
        "relative_strength": -29.565199,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.586552,
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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."
    }
  }
}