{
  "ticker": {
    "uuid": "868acdca-aef0-41ee-b068-c8771fcbd844",
    "symbol": "600801",
    "name": "Huaxin Building Materials 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 60.757,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "mixed",
    "architecture_direction": 33.246,
    "architecture_energy": 39.051,
    "architecture_maturity": 84.379,
    "architecture_confidence": 92.882,
    "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": 35.46,
        "rotation_up": 67.59,
        "upward_expansion": 37.22,
        "deceleration": 44.43,
        "rotation_down": 16.7,
        "downward_expansion": 23.55
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 22.85,
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    "distance_from_trend": 0.067236,
    "trend_direction": "Weakening",
    "fair_value": 15.202355,
    "distance_from_fair_value": 0.503057,
    "fair_value_direction": "Improving",
    "relative_strength": 10.725098,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.086,
    "excess_performance": -0.042796,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.067236,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.05132,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.503057,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.079481,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.107251,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.10082,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.086,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.592181,
        "read": "Demand-led"
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    ],
    "volume": {
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      "dry_up": 1.635127,
      "accumulation_observations": 5,
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    "risk": {
      "range_context": 0.083727,
      "annualized_volatility": 0.440012,
      "from_high_reference": -0.135779,
      "from_low_reference": 0.544902
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    "levels": {
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      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
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    "outcomes": [
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        "horizon": "Near term",
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "horizon": "Extended",
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        "sufficient": true
      },
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        "horizon": "Full cycle",
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      },
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      },
      {
        "date": "2026-07-24",
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        "fair_value": 15.057923,
        "relative_strength": 7.25032,
        "stage": 4,
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        "modifier": "Established contraction",
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        "direction": -25.420707,
        "energy": 16.44734,
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      },
      {
        "date": "2026-07-31",
        "close": 22.299999,
        "volume": 76771575,
        "typical_volume": 61135346.15,
        "trend": 21.466786,
        "fair_value": 15.129456,
        "relative_strength": 11.739647,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.703036,
        "energy": 17.698938,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 22.85,
        "volume": 100429943,
        "typical_volume": 63059044.45,
        "trend": 21.410453,
        "fair_value": 15.202355,
        "relative_strength": 10.725098,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 33.245645,
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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."
    }
  }
}