{
  "ticker": {
    "uuid": "909f451f-1a9b-48cb-8df8-14c262805f7a",
    "symbol": "603328",
    "name": "Guangdong Ellington Electronics Technology 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 50.071,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -65.28,
    "architecture_energy": 77.048,
    "architecture_maturity": 8.847,
    "architecture_confidence": 72.937,
    "architecture_tenure": "New",
    "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": 21.57,
        "rotation_up": 8.28,
        "upward_expansion": 17.4,
        "deceleration": 37.03,
        "rotation_down": 78.24,
        "downward_expansion": 93.07
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      "activity_lines": [
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        11.713492
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
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    "latest_close": 10.85,
    "trend_reference": 11.865563,
    "distance_from_trend": -0.085589,
    "trend_direction": "Improving",
    "fair_value": 9.294039,
    "distance_from_fair_value": 0.167415,
    "fair_value_direction": "Weakening",
    "relative_strength": -5.42454,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.040672,
    "excess_performance": 0.002532,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.085589,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.015839,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.167415,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.258272,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.054245,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.120002,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.040672,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.731729,
        "read": "Demand-led"
      }
    ],
    "volume": {
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      "balance": 1.731729,
      "dry_up": 0.720146,
      "accumulation_observations": 2,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.130829,
      "annualized_volatility": 0.660881,
      "from_high_reference": -0.289242,
      "from_low_reference": 0.349502
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    "levels": {
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      "fair_value_reference": 9.294039,
      "structural_low": 8.04,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 12,
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        "positive_rate": 0.75,
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        "sufficient": true
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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      {
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        "stage": 4,
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 141594606.15,
        "trend": 11.925563,
        "fair_value": 9.262127,
        "relative_strength": -23.611519,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.670669,
        "energy": 72.372268,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 9.46,
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        "typical_volume": 139532973.9,
        "trend": 11.86923,
        "fair_value": 9.271813,
        "relative_strength": -15.307541,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.424259,
        "energy": 81.149853,
        "activity_lines": [
          9.462,
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      },
      {
        "date": "2026-08-07",
        "close": 10.85,
        "volume": 79625270,
        "typical_volume": 135352062.5,
        "trend": 11.865563,
        "fair_value": 9.294039,
        "relative_strength": -5.42454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.279798,
        "energy": 77.047896,
        "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."
    }
  }
}