{
  "ticker": {
    "uuid": "a60c3c5e-e1ab-4542-b779-a1adce23e3c0",
    "symbol": "603327",
    "name": "Sichuan Furong 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": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -56.183,
    "architecture_energy": 37.828,
    "architecture_maturity": 21.407,
    "architecture_confidence": 88.53,
    "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": 23.25,
        "rotation_up": 16.77,
        "upward_expansion": 4.28,
        "deceleration": 52.47,
        "rotation_down": 56.2,
        "downward_expansion": 77.61
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 8.99,
    "trend_reference": 9.955886,
    "distance_from_trend": -0.097017,
    "trend_direction": "Weakening",
    "fair_value": 9.490636,
    "distance_from_fair_value": -0.05275,
    "fair_value_direction": "Weakening",
    "relative_strength": -9.525174,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.121212,
    "excess_performance": -0.078008,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.097017,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.040648,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.05275,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.236103,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.095252,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.118092,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.121212,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.843446,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "dry_up": 1.5438,
      "accumulation_observations": 3,
      "distribution_observations": 4
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    "risk": {
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      "annualized_volatility": 0.436779,
      "from_high_reference": -0.39826,
      "from_low_reference": 0.208333
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    "levels": {
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      "structural_low": 7.44,
      "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",
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      },
      {
        "horizon": "Intermediate",
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      },
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
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        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -62.36569,
        "energy": 67.703615,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 120259003.35,
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        "fair_value": 9.480112,
        "relative_strength": -12.51855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -65.534291,
        "energy": 71.579996,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 9.05,
        "volume": 268587521,
        "typical_volume": 130254477.9,
        "trend": 10.018219,
        "fair_value": 9.484454,
        "relative_strength": -6.635353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.986411,
        "energy": 62.656713,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 8.99,
        "volume": 176658960,
        "typical_volume": 136163441.25,
        "trend": 9.955886,
        "fair_value": 9.490636,
        "relative_strength": -9.525174,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.183375,
        "energy": 37.828313,
        "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."
    }
  }
}