{
  "ticker": {
    "uuid": "7cbc1408-6ef8-40e1-be73-7a36e207dbb3",
    "symbol": "002513",
    "name": "Jiangsu Lanfeng Bio-chemical 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": -63.206,
    "architecture_energy": 55.935,
    "architecture_maturity": 78.542,
    "architecture_confidence": 94.84,
    "architecture_tenure": "Established",
    "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": 9.09,
        "rotation_up": 24.05,
        "upward_expansion": 9.35,
        "deceleration": 60.14,
        "rotation_down": 56.38,
        "downward_expansion": 82.68
      },
      "activity_lines": [
        4.782667,
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        5.273571,
        5.635634
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 5.09,
    "trend_reference": 6.138,
    "distance_from_trend": -0.17074,
    "trend_direction": "Weakening",
    "fair_value": 5.538846,
    "distance_from_fair_value": -0.081036,
    "fair_value_direction": "Weakening",
    "relative_strength": -25.561498,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.294036,
    "excess_performance": -0.301436,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.17074,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.125558,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.081036,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.271105,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.255615,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.079781,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.294036,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.241003,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 41901083,
      "relative_activity": 1.058207,
      "balance": 0.241003,
      "dry_up": 1.241772,
      "accumulation_observations": 2,
      "distribution_observations": 6
    },
    "risk": {
      "range_context": 0.097778,
      "annualized_volatility": 0.400299,
      "from_high_reference": -0.55507,
      "from_low_reference": 0.275689
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    "levels": {
      "trend_reference": 6.138,
      "fair_value_reference": 5.538846,
      "structural_low": 3.99,
      "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": 20,
        "median_return": -0.003906,
        "positive_rate": 0.45,
        "directional_follow_through": 0.55,
        "median_excess_return": 0.017718,
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        "worst_return": -0.181637,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "worst_return": -0.228311,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "directional_follow_through": 0.166667,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.197959,
        "sufficient": false
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    ],
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "Developing",
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      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "deceleration",
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      },
      {
        "regime": "balance",
        "label": "Balance",
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      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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      },
      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "regime": "upward_expansion",
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        "regime": "deceleration",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 42038243.6,
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        "fair_value": 5.551538,
        "relative_strength": -27.379124,
        "stage": 4,
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        "energy": 64.511262,
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      },
      {
        "date": "2026-08-07",
        "close": 5.09,
        "volume": 41901083,
        "typical_volume": 39596302.75,
        "trend": 6.138,
        "fair_value": 5.538846,
        "relative_strength": -25.561498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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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."
    }
  }
}