{
  "ticker": {
    "uuid": "cf4ed265-40d9-4ec0-8c4e-935ee9eae070",
    "symbol": "688299",
    "name": "Ningbo Solartron 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": "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": -67.202,
    "architecture_energy": 84.831,
    "architecture_maturity": 35.385,
    "architecture_confidence": 85.782,
    "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": 3.68,
        "rotation_up": 8.69,
        "upward_expansion": 21.01,
        "deceleration": 37.07,
        "rotation_down": 79.2,
        "downward_expansion": 96.67
      },
      "activity_lines": [
        12.306667,
        13.499818,
        15.184476,
        16.085441
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 13.04,
    "trend_reference": 17.210333,
    "distance_from_trend": -0.242316,
    "trend_direction": "Weakening",
    "fair_value": 15.717905,
    "distance_from_fair_value": -0.170373,
    "fair_value_direction": "Weakening",
    "relative_strength": -28.300873,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.370656,
    "excess_performance": -0.327453,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.242316,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.059168,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.170373,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.419092,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.283009,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.218436,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.370656,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.652973,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 33255974,
      "relative_activity": 1.000118,
      "balance": 0.652973,
      "dry_up": 1.013543,
      "accumulation_observations": 3,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.140927,
      "annualized_volatility": 0.516369,
      "from_high_reference": -0.50267,
      "from_low_reference": 0.214153
    },
    "levels": {
      "trend_reference": 17.210333,
      "fair_value_reference": 15.717905,
      "structural_low": 10.74,
      "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": 23,
        "median_return": -0.027304,
        "positive_rate": 0.434783,
        "directional_follow_through": 0.565217,
        "median_excess_return": -0.029589,
        "regime_survival": 0.826087,
        "best_return": 0.230769,
        "worst_return": -0.300114,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "positive_rate": 0.5,
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        "median_excess_return": 0.01341,
        "regime_survival": 0.75,
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        "worst_return": -0.381487,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.147427,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
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        "sufficient": false
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      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.278195,
        "sufficient": false
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      {
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      {
        "regime": "deceleration",
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      {
        "regime": "upward_expansion",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 33827057.2,
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        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -85.819277,
        "energy": 82.237185,
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      },
      {
        "date": "2026-07-24",
        "close": 11.35,
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        "typical_volume": 33269365.95,
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        "fair_value": 15.762086,
        "relative_strength": -36.515485,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.478319,
        "energy": 89.166866,
        "activity_lines": [
          13.078,
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      },
      {
        "date": "2026-07-31",
        "close": 11.69,
        "volume": 29731238,
        "typical_volume": 32969830.1,
        "trend": 17.339666,
        "fair_value": 15.733658,
        "relative_strength": -34.378215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.795632,
        "energy": 89.487798,
        "activity_lines": [
          12.319333,
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      },
      {
        "date": "2026-08-07",
        "close": 13.04,
        "volume": 33255974,
        "typical_volume": 33252046.1,
        "trend": 17.210333,
        "fair_value": 15.717905,
        "relative_strength": -28.300873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.201549,
        "energy": 84.831005,
        "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."
    }
  }
}