{
  "ticker": {
    "uuid": "911d113d-49fc-4684-a572-1f7f443fc474",
    "symbol": "600475",
    "name": "Wuxi Huaguang Environment & Energy 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": -48.512,
    "architecture_energy": 37.908,
    "architecture_maturity": 73.52,
    "architecture_confidence": 64.382,
    "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": 20.92,
        "rotation_up": 23.87,
        "upward_expansion": 11.7,
        "deceleration": 66.91,
        "rotation_down": 47.59,
        "downward_expansion": 73.03
      },
      "activity_lines": [
        14.173333,
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        16.052744
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 14.61,
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    "distance_from_trend": -0.170352,
    "trend_direction": "Weakening",
    "fair_value": 12.228857,
    "distance_from_fair_value": 0.194715,
    "fair_value_direction": "Weakening",
    "relative_strength": -17.335494,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.304286,
    "excess_performance": -0.261082,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.170352,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.059535,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.194715,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.277255,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.173355,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.121577,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.304286,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.630786,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 71919704,
      "relative_activity": 1.192707,
      "balance": 1.630786,
      "dry_up": 1.168621,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.126315,
      "annualized_volatility": 0.619009,
      "from_high_reference": -0.477862,
      "from_low_reference": 0.197541
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    "levels": {
      "trend_reference": 17.609882,
      "fair_value_reference": 12.228857,
      "structural_low": 12.2,
      "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": 13,
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        "positive_rate": 0.615385,
        "directional_follow_through": 0.384615,
        "median_excess_return": 0.02632,
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        "worst_return": -0.070423,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "positive_rate": 1.0,
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        "worst_return": 0.011651,
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        "horizon": "Extended",
        "sample_count": 3,
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        "horizon": "Full cycle",
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      },
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        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 64684819.35,
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        "relative_strength": -27.157114,
        "stage": 4,
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        "modifier": "Early contraction",
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      },
      {
        "date": "2026-07-31",
        "close": 16.0,
        "volume": 83283920,
        "typical_volume": 61188141.15,
        "trend": 17.728549,
        "fair_value": 12.201696,
        "relative_strength": -7.053833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.278645,
        "energy": 49.986779,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 14.61,
        "volume": 71919704,
        "typical_volume": 60299581.7,
        "trend": 17.609882,
        "fair_value": 12.228857,
        "relative_strength": -17.335494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.512472,
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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."
    }
  }
}