{
  "ticker": {
    "uuid": "b232a8db-c069-4a3a-9cfd-94706418268c",
    "symbol": "301106",
    "name": "Jiangsu Smartwin Electronics Technology 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": "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": -66.238,
    "architecture_energy": 79.763,
    "architecture_maturity": 23.619,
    "architecture_confidence": 81.72,
    "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": 14.46,
        "rotation_up": 8.78,
        "upward_expansion": 18.91,
        "deceleration": 37.12,
        "rotation_down": 77.92,
        "downward_expansion": 94.57
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
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    "latest_close": 16.870001,
    "trend_reference": 21.634919,
    "distance_from_trend": -0.220242,
    "trend_direction": "Weakening",
    "fair_value": 20.494559,
    "distance_from_fair_value": -0.176855,
    "fair_value_direction": "Weakening",
    "relative_strength": -24.332223,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.275231,
    "excess_performance": -0.282631,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.220242,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.033668,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.176855,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.427957,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.243322,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.189858,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.275231,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.100775,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 12672207,
      "relative_activity": 0.849207,
      "balance": 1.100775,
      "dry_up": 0.946159,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.168001,
      "annualized_volatility": 0.584228,
      "from_high_reference": -0.37691,
      "from_low_reference": 0.245019
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    "levels": {
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      "fair_value_reference": 20.494559,
      "structural_low": 13.55,
      "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": 5,
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        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.057025,
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        "worst_return": -0.015715,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "sufficient": false
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        "horizon": "Extended",
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      {
        "regime": "upward_expansion",
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      },
      {
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 14611682.2,
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        "fair_value": 20.527096,
        "relative_strength": -31.970273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -80.45887,
        "energy": 83.905805,
        "activity_lines": [
          16.828,
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      },
      {
        "date": "2026-07-31",
        "close": 15.31,
        "volume": 13324952,
        "typical_volume": 14707633.15,
        "trend": 21.771888,
        "fair_value": 20.495606,
        "relative_strength": -28.339698,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.492082,
        "energy": 85.294399,
        "activity_lines": [
          15.904666,
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      },
      {
        "date": "2026-08-07",
        "close": 16.870001,
        "volume": 12672207,
        "typical_volume": 14922393.55,
        "trend": 21.634919,
        "fair_value": 20.494559,
        "relative_strength": -24.332223,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.237778,
        "energy": 79.763237,
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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."
    }
  }
}