{
  "ticker": {
    "uuid": "ca6e368a-2f5b-47f1-af96-508ecbe18ed3",
    "symbol": "601801",
    "name": "Anhui Xinhua Media 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -33.724,
    "architecture_energy": 28.056,
    "architecture_maturity": 91.984,
    "architecture_confidence": 70.367,
    "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": 34.89,
        "rotation_up": 32.06,
        "upward_expansion": 21.66,
        "deceleration": 47.0,
        "rotation_down": 20.16,
        "downward_expansion": 55.66
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 5.48,
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    "distance_from_trend": -0.087296,
    "trend_direction": "Weakening",
    "fair_value": 6.536936,
    "distance_from_fair_value": -0.161687,
    "fair_value_direction": "Weakening",
    "relative_strength": -11.856052,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.206946,
    "excess_performance": -0.163743,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.087296,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.071181,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.161687,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.060092,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.118561,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.037708,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.206946,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.920016,
        "read": "Supply-led"
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    ],
    "volume": {
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      "dry_up": 1.487339,
      "accumulation_observations": 4,
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    "risk": {
      "range_context": 0.059897,
      "annualized_volatility": 0.267693,
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    "levels": {
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      "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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      {
        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 42798474.1,
        "trend": 6.037535,
        "fair_value": 6.550011,
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        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.613968,
        "energy": 31.854882,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 5.48,
        "volume": 62040174,
        "typical_volume": 43557417.55,
        "trend": 6.004137,
        "fair_value": 6.536936,
        "relative_strength": -11.856052,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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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."
    }
  }
}