{
  "ticker": {
    "uuid": "a3b5a13e-c85d-43c4-a396-1e91b227c51a",
    "symbol": "603517",
    "name": "Juewei Food 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -45.908,
    "architecture_energy": 33.284,
    "architecture_maturity": 51.64,
    "architecture_confidence": 58.326,
    "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": 28.88,
        "rotation_up": 23.65,
        "upward_expansion": 15.77,
        "deceleration": 66.34,
        "rotation_down": 42.11,
        "downward_expansion": 65.77
      },
      "activity_lines": [
        10.622667,
        10.558727,
        11.231667,
        11.564172
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 11.04,
    "trend_reference": 11.991333,
    "distance_from_trend": -0.079335,
    "trend_direction": "Weakening",
    "fair_value": 17.406115,
    "distance_from_fair_value": -0.36574,
    "fair_value_direction": "Improving",
    "relative_strength": -14.207835,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.132757,
    "excess_performance": -0.089553,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.079335,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.065853,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.36574,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.011941,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.142078,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.073905,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.132757,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.051879,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 22497500,
      "relative_activity": 0.806106,
      "balance": 1.051879,
      "dry_up": 0.896639,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.094203,
      "annualized_volatility": 0.380204,
      "from_high_reference": -0.358885,
      "from_low_reference": 0.145228
    },
    "levels": {
      "trend_reference": 11.991333,
      "fair_value_reference": 17.406115,
      "structural_low": 9.64,
      "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": 39,
        "median_return": -0.020927,
        "positive_rate": 0.384615,
        "directional_follow_through": 0.589744,
        "median_excess_return": -0.028992,
        "regime_survival": 0.897436,
        "best_return": 0.319096,
        "worst_return": -0.176843,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
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        "positive_rate": 0.142857,
        "directional_follow_through": 0.857143,
        "median_excess_return": -0.084759,
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        "worst_return": -0.285887,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
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        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "regime_survival": 0.333333,
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        "sufficient": false
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      {
        "regime": "deceleration",
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        "tenure": "New",
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      {
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      {
        "regime": "downward_expansion",
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      {
        "regime": "rotation_up",
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      {
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      {
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        "active": false
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      {
        "regime": "balance",
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      },
      {
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 27495827.75,
        "trend": 12.127,
        "fair_value": 17.704958,
        "relative_strength": -20.986453,
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      },
      {
        "date": "2026-07-31",
        "close": 10.8,
        "volume": 26519258,
        "typical_volume": 27788444.35,
        "trend": 12.048667,
        "fair_value": 17.557304,
        "relative_strength": -14.457514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.138673,
        "energy": 46.030202,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 11.04,
        "volume": 22497500,
        "typical_volume": 27908861.4,
        "trend": 11.991333,
        "fair_value": 17.406115,
        "relative_strength": -14.207835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.907527,
        "energy": 33.284401,
        "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."
    }
  }
}