{
  "ticker": {
    "uuid": "cb4322ac-1fd3-4dab-afbb-26574634c7b0",
    "symbol": "FINV",
    "name": "FinVolution Group",
    "exchange": "NYSE",
    "country": "US",
    "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": "SPY",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 48.395,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -25.634,
    "architecture_energy": 10.7,
    "architecture_maturity": 34.11,
    "architecture_confidence": 59.259,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 55.84,
        "rotation_up": 25.3,
        "upward_expansion": 15.8,
        "deceleration": 34.67,
        "rotation_down": 29.39,
        "downward_expansion": 56.47
      },
      "activity_lines": [
        4.800667,
        4.784727,
        4.816391,
        4.8393
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 4.86,
    "trend_reference": 4.875699,
    "distance_from_trend": -0.00322,
    "trend_direction": "Weakening",
    "fair_value": 5.571526,
    "distance_from_fair_value": -0.127708,
    "fair_value_direction": "Weakening",
    "relative_strength": -20.659921,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.024683,
    "excess_performance": -0.150308,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.00322,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.012411,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.127708,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.064765,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.206599,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.080026,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.024683,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.981179,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1464869,
      "relative_activity": 0.355095,
      "balance": 0.981179,
      "dry_up": 0.436217,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.096752,
      "annualized_volatility": 0.442558,
      "from_high_reference": -0.468475,
      "from_low_reference": 0.147432
    },
    "levels": {
      "trend_reference": 4.875699,
      "fair_value_reference": 5.571526,
      "structural_low": 4.235545,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": 0.017846,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.035323,
        "regime_survival": 0.6,
        "best_return": 0.155462,
        "worst_return": -0.180602,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.024387,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.06797,
        "regime_survival": 0.5,
        "best_return": 0.458848,
        "worst_return": -0.299331,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.030879,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.061744,
        "regime_survival": 0.6,
        "best_return": 0.421811,
        "worst_return": -0.258403,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.117759,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.031896,
        "regime_survival": 0.333333,
        "best_return": 0.488514,
        "worst_return": -0.235503,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-14",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": 0.153518,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-09-13",
        "tenure": "Developing",
        "return": 0.007605,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-20",
        "end": "2024-09-27",
        "tenure": "New",
        "return": 0.108656,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-04",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": -0.152327,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-15",
        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.175084,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2025-04-18",
        "tenure": "Established",
        "return": 0.063674,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-25",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": 0.202861,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-27",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": -0.136268,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-08",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": -0.189599,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-19",
        "end": "2025-10-03",
        "tenure": "New",
        "return": -0.057441,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-10",
        "end": "2026-02-27",
        "tenure": "Established",
        "return": -0.161194,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-06",
        "end": "2026-03-20",
        "tenure": "New",
        "return": 0.059961,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.148068,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.059961,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
      {
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      },
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      {
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "stage": 4,
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        "energy": 35.078195,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 4.75,
        "volume": 1522450,
        "typical_volume": 5073809.25,
        "trend": 4.872636,
        "fair_value": 5.573015,
        "relative_strength": -21.44485,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.610526,
        "energy": 31.762839,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 4.85,
        "volume": 1653562,
        "typical_volume": 4965668.1,
        "trend": 4.87071,
        "fair_value": 5.570966,
        "relative_strength": -19.505668,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.73426,
        "energy": 21.509472,
        "activity_lines": [
          4.762667,
          4.781273,
          4.812019,
          4.839991
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4.86,
        "volume": 1464869,
        "typical_volume": 4125285.0,
        "trend": 4.875699,
        "fair_value": 5.571526,
        "relative_strength": -20.659921,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.634121,
        "energy": 10.700297,
        "activity_lines": [
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          4.784727,
          4.816391,
          4.8393
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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."
    }
  }
}