{
  "ticker": {
    "uuid": "7eec8947-8dbb-4c2a-bf83-cab72df33c21",
    "symbol": "605567",
    "name": "Springsnow Food Group 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": -60.116,
    "architecture_energy": 50.332,
    "architecture_maturity": 74.993,
    "architecture_confidence": 88.895,
    "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": 11.56,
        "rotation_up": 27.58,
        "upward_expansion": 8.56,
        "deceleration": 60.82,
        "rotation_down": 46.87,
        "downward_expansion": 79.56
      },
      "activity_lines": [
        8.378,
        8.381849,
        8.99098,
        9.529028
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 8.79,
    "trend_reference": 10.203741,
    "distance_from_trend": -0.138551,
    "trend_direction": "Weakening",
    "fair_value": 9.954776,
    "distance_from_fair_value": -0.117007,
    "fair_value_direction": "Weakening",
    "relative_strength": -15.185465,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.251915,
    "excess_performance": -0.208711,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.138551,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.080704,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.117007,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.197186,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.151855,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.103388,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.251915,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.283474,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 18818371,
      "relative_activity": 1.115685,
      "balance": 0.283474,
      "dry_up": 1.307937,
      "accumulation_observations": 2,
      "distribution_observations": 7
    },
    "risk": {
      "range_context": 0.08346,
      "annualized_volatility": 0.32804,
      "from_high_reference": -0.282449,
      "from_low_reference": 0.164238
    },
    "levels": {
      "trend_reference": 10.203741,
      "fair_value_reference": 9.954776,
      "structural_low": 7.55,
      "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": 18,
        "median_return": -0.006625,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.555556,
        "median_excess_return": 0.018322,
        "regime_survival": 0.888889,
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        "worst_return": -0.196787,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.833333,
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        "worst_return": -0.273092,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
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        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
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        "regime_survival": 0.666667,
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        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "sufficient": false
      }
    ],
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        "color": "red",
        "start": "2024-01-26",
        "end": "2024-10-04",
        "tenure": "Extended",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2024-11-29",
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        "return": 0.096584,
        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "balance",
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      },
      {
        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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        "regime": "upward_expansion",
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        "active": false
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      },
      {
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        "typical_volume": 16983625.0,
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        "stage": 4,
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        "energy": 76.747985,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 16985514.5,
        "trend": 10.361741,
        "fair_value": 10.007737,
        "relative_strength": -24.378386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.296301,
        "energy": 69.051337,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 8.46,
        "volume": 21098347,
        "typical_volume": 17133576.7,
        "trend": 10.277407,
        "fair_value": 9.980262,
        "relative_strength": -16.538083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.975996,
        "energy": 59.179095,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 8.79,
        "volume": 18818371,
        "typical_volume": 16867101.95,
        "trend": 10.203741,
        "fair_value": 9.954776,
        "relative_strength": -15.185465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.115657,
        "energy": 50.331686,
        "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."
    }
  }
}