{
  "ticker": {
    "uuid": "cfa51b2a-9a51-4c98-9427-486fe3d8bbc2",
    "symbol": "301068",
    "name": "Hangzhou Dadi Haiyang Environmental Protection 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": 83.038,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -54.616,
    "architecture_energy": 37.427,
    "architecture_maturity": 7.227,
    "architecture_confidence": 85.481,
    "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": 33.36,
        "rotation_up": 20.55,
        "upward_expansion": 4.65,
        "deceleration": 48.22,
        "rotation_down": 48.87,
        "downward_expansion": 75.65
      },
      "activity_lines": [
        26.248,
        26.272727,
        28.153,
        29.075914
      ],
      "activity_state": "Moderate",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 29.0,
    "trend_reference": 29.483,
    "distance_from_trend": -0.016382,
    "trend_direction": "Weakening",
    "fair_value": 23.27279,
    "distance_from_fair_value": 0.24609,
    "fair_value_direction": "Weakening",
    "relative_strength": -2.373857,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.118827,
    "excess_performance": 0.111427,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.016382,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.006381,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.24609,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.312786,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.023739,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.008153,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.118827,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.080856,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 10750028,
      "relative_activity": 1.522237,
      "balance": 1.080856,
      "dry_up": 1.061458,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.128276,
      "annualized_volatility": 0.723864,
      "from_high_reference": -0.28004,
      "from_low_reference": 0.254868
    },
    "levels": {
      "trend_reference": 29.483,
      "fair_value_reference": 23.27279,
      "structural_low": 23.110001,
      "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": 12,
        "median_return": -0.006806,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.583333,
        "median_excess_return": -1.1e-05,
        "regime_survival": 0.666667,
        "best_return": 0.576487,
        "worst_return": -0.270912,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.002044,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "regime_survival": 0.25,
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        "worst_return": -0.078939,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.348899,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
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        "horizon": "Full cycle",
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        "regime": "deceleration",
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      {
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      {
        "regime": "balance",
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        "regime": "rotation_down",
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        "date": "2026-05-29",
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        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      },
      {
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        "fair_value": 23.161145,
        "relative_strength": -8.181716,
        "stage": 3,
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 8363086.35,
        "trend": 29.504,
        "fair_value": 23.202532,
        "relative_strength": -11.318121,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.908504,
        "energy": 32.828351,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 23.48,
        "volume": 6220986,
        "typical_volume": 8447751.35,
        "trend": 29.433333,
        "fair_value": 23.210614,
        "relative_strength": -19.40037,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -45.73178,
        "energy": 35.654839,
        "activity_lines": [
          25.807333,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 24.139999,
        "volume": 4536365,
        "typical_volume": 7835613.1,
        "trend": 29.393667,
        "fair_value": 23.224711,
        "relative_strength": -15.033578,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.659541,
        "energy": 47.1261,
        "activity_lines": [
          25.240666,
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          28.250857,
          29.101312
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.0,
        "volume": 10750028,
        "typical_volume": 7061995.3,
        "trend": 29.483,
        "fair_value": 23.27279,
        "relative_strength": -2.373857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.616058,
        "energy": 37.427251,
        "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."
    }
  }
}