{
  "ticker": {
    "uuid": "8e8a5919-60ae-40c1-9759-42437515afca",
    "symbol": "101530",
    "name": "Haitai Confectionery&Foods Co.,ltd.",
    "exchange": "KSC",
    "country": "KR",
    "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": "2026-09-25",
    "benchmark": "^KS11",
    "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": -60.307,
    "architecture_energy": 51.994,
    "architecture_maturity": 44.476,
    "architecture_confidence": 89.028,
    "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": 18.0,
        "rotation_up": 23.51,
        "upward_expansion": 10.0,
        "deceleration": 41.98,
        "rotation_down": 54.39,
        "downward_expansion": 85.66
      },
      "activity_lines": [
        5558.666667,
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        5799.612903
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 5530.0,
    "trend_reference": 6026.333333,
    "distance_from_trend": -0.082361,
    "trend_direction": "Weakening",
    "fair_value": 5932.448627,
    "distance_from_fair_value": -0.067839,
    "fair_value_direction": "Improving",
    "relative_strength": -32.357929,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.130503,
    "excess_performance": -0.432413,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.082361,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.065636,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.067839,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.002429,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.323579,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.236869,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.130503,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.118901,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 3.118901,
      "dry_up": 0.238676,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.045625,
      "annualized_volatility": 0.196572,
      "from_high_reference": -0.248641,
      "from_low_reference": 0.031716
    },
    "levels": {
      "trend_reference": 6026.333333,
      "fair_value_reference": 5932.448627,
      "structural_low": 5360.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 27,
        "median_return": -0.003515,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.009432,
        "regime_survival": 0.777778,
        "best_return": 0.090625,
        "worst_return": -0.126074,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.02543,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.01561,
        "regime_survival": 0.5,
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        "worst_return": -0.11898,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.037017,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "sufficient": false
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        "regime": "deceleration",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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      {
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        "active": false
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      {
        "regime": "upward_expansion",
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        "regime": "balance",
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      {
        "date": "2026-09-04",
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      },
      {
        "date": "2026-09-11",
        "close": 5580.0,
        "volume": 114366,
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        "fair_value": 5922.933437,
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        "stage": 4,
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      },
      {
        "date": "2026-09-18",
        "close": 5530.0,
        "volume": 61175,
        "typical_volume": 308266.75,
        "trend": 6069.333333,
        "fair_value": 5927.920069,
        "relative_strength": -31.782429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.223359,
        "energy": 40.274256,
        "activity_lines": [
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      },
      {
        "date": "2026-09-25",
        "close": 5530.0,
        "volume": 0,
        "typical_volume": 294339.2,
        "trend": 6026.333333,
        "fair_value": 5932.448627,
        "relative_strength": -32.357929,
        "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."
    }
  }
}