{
  "ticker": {
    "uuid": "99fab007-6cad-4314-9bab-9d4125ab8ddb",
    "symbol": "002719",
    "name": "Maiquer Group 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -63.932,
    "architecture_energy": 59.098,
    "architecture_maturity": 77.884,
    "architecture_confidence": 95.343,
    "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": 7.71,
        "rotation_up": 23.55,
        "upward_expansion": 10.48,
        "deceleration": 59.78,
        "rotation_down": 57.87,
        "downward_expansion": 83.81
      },
      "activity_lines": [
        5.839333,
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        6.612905,
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 5.86,
    "trend_reference": 7.844667,
    "distance_from_trend": -0.252996,
    "trend_direction": "Weakening",
    "fair_value": 8.493654,
    "distance_from_fair_value": -0.310073,
    "fair_value_direction": "Weakening",
    "relative_strength": -33.843766,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.332574,
    "excess_performance": -0.339974,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.252996,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.110347,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.310073,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.184045,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.338438,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.017484,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.332574,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.630315,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 20576309,
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      "balance": 0.630315,
      "dry_up": 0.814643,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.118273,
      "annualized_volatility": 0.444986,
      "from_high_reference": -0.440306,
      "from_low_reference": 0.244161
    },
    "levels": {
      "trend_reference": 7.844667,
      "fair_value_reference": 8.493654,
      "structural_low": 4.71,
      "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": 25,
        "median_return": -0.016766,
        "positive_rate": 0.44,
        "directional_follow_through": 0.56,
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        "worst_return": -0.221249,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "regime_survival": 0.333333,
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      },
      {
        "horizon": "Full cycle",
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    ],
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 6.06,
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        "typical_volume": 34075524.9,
        "trend": 7.934,
        "fair_value": 8.527436,
        "relative_strength": -28.896271,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.414195,
        "energy": 63.650476,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 5.86,
        "volume": 20576309,
        "typical_volume": 32844190.4,
        "trend": 7.844667,
        "fair_value": 8.493654,
        "relative_strength": -33.843766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.931527,
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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."
    }
  }
}