{
  "ticker": {
    "uuid": "626272eb-2971-4c80-85e9-1d5b368ae986",
    "symbol": "688371",
    "name": "Jiangsu Favored Nanotechnology 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "mixed",
    "architecture_direction": -13.37,
    "architecture_energy": 26.057,
    "architecture_maturity": 64.558,
    "architecture_confidence": 52.656,
    "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": 45.76,
        "rotation_up": 19.55,
        "upward_expansion": 19.81,
        "deceleration": 67.14,
        "rotation_down": 59.9,
        "downward_expansion": 40.14
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      "activity_lines": [
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        30.141612
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
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    "latest_close": 28.58,
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    "trend_direction": "Improving",
    "fair_value": 18.121161,
    "distance_from_fair_value": 0.577162,
    "fair_value_direction": "Weakening",
    "relative_strength": 15.181279,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.411358,
    "excess_performance": 0.454562,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.050605,
        "read": "Above"
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      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.202339,
        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.577162,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.304754,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.151813,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.283903,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.411358,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.874524,
        "read": "Supply-led"
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    "volume": {
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      "relative_activity": 1.17697,
      "balance": 0.874524,
      "dry_up": 1.516133,
      "accumulation_observations": 4,
      "distribution_observations": 5
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    "risk": {
      "range_context": 0.318913,
      "annualized_volatility": 1.073007,
      "from_high_reference": -0.414344,
      "from_low_reference": 0.658735
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    "levels": {
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      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
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        "horizon": "Near term",
        "sample_count": 6,
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        "sufficient": true
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        "horizon": "Intermediate",
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        "horizon": "Extended",
        "sample_count": 2,
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        "horizon": "Full cycle",
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        "regime": "upward_expansion",
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        "regime": "balance",
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        ]
      },
      {
        "date": "2026-06-12",
        "close": 39.650002,
        "volume": 21081800,
        "typical_volume": 27268904.3,
        "trend": 23.732705,
        "fair_value": 17.485841,
        "relative_strength": 70.984037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.050144,
        "energy": 69.384945,
        "activity_lines": [
          38.673856,
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          29.286368,
          26.634492
        ]
      },
      {
        "date": "2026-06-19",
        "close": 38.0,
        "volume": 78958790,
        "typical_volume": 30358375.8,
        "trend": 24.268372,
        "fair_value": 17.604302,
        "relative_strength": 58.934979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.958905,
        "energy": 62.824496,
        "activity_lines": [
          38.487949,
          36.285174,
          30.448887,
          27.554963
        ]
      },
      {
        "date": "2026-06-26",
        "close": 34.459999,
        "volume": 11059403,
        "typical_volume": 30088753.8,
        "trend": 24.781705,
        "fair_value": 17.709943,
        "relative_strength": 44.44233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.499432,
        "energy": 53.876458,
        "activity_lines": [
          37.056795,
          36.558107,
          31.196357,
          28.212487
        ]
      },
      {
        "date": "2026-07-03",
        "close": 38.389999,
        "volume": 12111991,
        "typical_volume": 30127712.85,
        "trend": 25.413039,
        "fair_value": 17.843213,
        "relative_strength": 57.879314,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.643785,
        "energy": 49.404783,
        "activity_lines": [
          37.427973,
          37.304896,
          32.250447,
          29.090442
        ]
      },
      {
        "date": "2026-07-10",
        "close": 45.049999,
        "volume": 60042399,
        "typical_volume": 32738670.55,
        "trend": 26.287039,
        "fair_value": 18.00052,
        "relative_strength": 83.608557,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.621322,
        "energy": 53.924874,
        "activity_lines": [
          39.855999,
          38.950269,
          33.853394,
          30.357342
        ]
      },
      {
        "date": "2026-07-17",
        "close": 27.34,
        "volume": 68533557,
        "typical_volume": 35846342.15,
        "trend": 26.573372,
        "fair_value": 18.037123,
        "relative_strength": 17.287166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.113928,
        "energy": 22.294395,
        "activity_lines": [
          35.932666,
          37.005415,
          33.655197,
          30.425275
        ]
      },
      {
        "date": "2026-07-24",
        "close": 25.280001,
        "volume": 70011888,
        "typical_volume": 38842311.2,
        "trend": 26.767039,
        "fair_value": 18.066546,
        "relative_strength": 6.339718,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.927365,
        "energy": 12.452027,
        "activity_lines": [
          32.143333,
          34.764895,
          33.235097,
          30.341832
        ]
      },
      {
        "date": "2026-07-31",
        "close": 21.950001,
        "volume": 78674215,
        "typical_volume": 42236710.55,
        "trend": 26.866372,
        "fair_value": 18.07161,
        "relative_strength": -8.392772,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.963578,
        "energy": 17.091972,
        "activity_lines": [
          28.092,
          32.132399,
          32.475044,
          30.031056
        ]
      },
      {
        "date": "2026-08-07",
        "close": 28.58,
        "volume": 52308539,
        "typical_volume": 44443375.8,
        "trend": 27.203372,
        "fair_value": 18.121161,
        "relative_strength": 15.181279,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.369668,
        "energy": 26.056941,
        "activity_lines": [
          27.084667,
          31.067084,
          32.339657,
          30.141612
        ]
      }
    ],
    "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."
    }
  }
}