{
  "ticker": {
    "uuid": "94b9aa95-94b8-4819-a3b3-fd16b2feddd3",
    "symbol": "300121",
    "name": "Shandong Yanggu Huatai Chemical Co., Ltd.",
    "exchange": "SHZ",
    "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": "399001.SZ",
    "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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -62.088,
    "architecture_energy": 75.346,
    "architecture_maturity": 23.508,
    "architecture_confidence": 85.458,
    "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": 19.84,
        "rotation_up": 11.18,
        "upward_expansion": 19.69,
        "deceleration": 34.19,
        "rotation_down": 74.17,
        "downward_expansion": 90.69
      },
      "activity_lines": [
        9.519333,
        10.517636,
        11.320513,
        11.763502
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 9.64,
    "trend_reference": 12.34079,
    "distance_from_trend": -0.218851,
    "trend_direction": "Weakening",
    "fair_value": 11.12103,
    "distance_from_fair_value": -0.133174,
    "fair_value_direction": "Weakening",
    "relative_strength": -30.458049,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.290509,
    "excess_performance": -0.297909,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.218851,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.072404,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.133174,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.24707,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.30458,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.008132,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.290509,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.470975,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 58414983,
      "relative_activity": 0.789069,
      "balance": 0.470975,
      "dry_up": 1.000933,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.170519,
      "annualized_volatility": 0.604595,
      "from_high_reference": -0.457565,
      "from_low_reference": 0.104238
    },
    "levels": {
      "trend_reference": 12.34079,
      "fair_value_reference": 11.12103,
      "structural_low": 8.73,
      "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": 31,
        "median_return": 0.010025,
        "positive_rate": 0.612903,
        "directional_follow_through": 0.387097,
        "median_excess_return": 0.024376,
        "regime_survival": 0.677419,
        "best_return": 0.457729,
        "worst_return": -0.138489,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": -0.025901,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.006325,
        "regime_survival": 0.333333,
        "best_return": 0.895288,
        "worst_return": -0.270913,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": -0.075094,
        "positive_rate": 0.375,
        "directional_follow_through": 0.625,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "worst_return": -0.26132,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "Developing",
        "return": 0.018609,
        "active": false
      },
      {
        "regime": "upward_expansion",
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        "end": "2025-03-28",
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      },
      {
        "regime": "balance",
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        "tenure": "New",
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      },
      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
        "regime": "rotation_up",
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      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
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        "active": false
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      {
        "regime": "upward_expansion",
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        "date": "2026-04-17",
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      },
      {
        "date": "2026-07-03",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 81421531.7,
        "trend": 12.709208,
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        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "energy": 54.687091,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 8.94,
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        "typical_volume": 80767543.35,
        "trend": 12.56424,
        "fair_value": 11.119432,
        "relative_strength": -34.642663,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.244544,
        "energy": 71.740088,
        "activity_lines": [
          10.428,
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      },
      {
        "date": "2026-07-31",
        "close": 9.34,
        "volume": 57231216,
        "typical_volume": 79173019.85,
        "trend": 12.437575,
        "fair_value": 11.119421,
        "relative_strength": -29.853957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.164137,
        "energy": 77.042371,
        "activity_lines": [
          9.83,
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          11.94399
        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.64,
        "volume": 58414983,
        "typical_volume": 74030240.25,
        "trend": 12.34079,
        "fair_value": 11.12103,
        "relative_strength": -30.458049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.087951,
        "energy": 75.34619,
        "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."
    }
  }
}