{
  "ticker": {
    "uuid": "d39611e6-4ce7-4c7b-85b4-18290efb296b",
    "symbol": "605228",
    "name": "Shentong Technology Group 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": -63.308,
    "architecture_energy": 79.427,
    "architecture_maturity": 33.643,
    "architecture_confidence": 85.79,
    "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": 8.86,
        "rotation_up": 13.57,
        "upward_expansion": 23.41,
        "deceleration": 31.34,
        "rotation_down": 75.79,
        "downward_expansion": 92.08
      },
      "activity_lines": [
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        13.19002
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 11.04,
    "trend_reference": 13.723408,
    "distance_from_trend": -0.195535,
    "trend_direction": "Weakening",
    "fair_value": 11.711458,
    "distance_from_fair_value": -0.057333,
    "fair_value_direction": "Weakening",
    "relative_strength": -24.391251,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.225377,
    "excess_performance": -0.182173,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.195535,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.051701,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.057333,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.391065,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.243913,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.216493,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.225377,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.262818,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "balance": 0.262818,
      "dry_up": 1.088263,
      "accumulation_observations": 0,
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    "risk": {
      "range_context": 0.117551,
      "annualized_volatility": 0.533509,
      "from_high_reference": -0.45706,
      "from_low_reference": 0.115152
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    "levels": {
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      "fair_value_reference": 11.711458,
      "structural_low": 9.9,
      "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": 12,
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        "positive_rate": 0.416667,
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        "worst_return": -0.228512,
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      },
      {
        "horizon": "Intermediate",
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "regime": "deceleration",
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      },
      {
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        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -65.555456,
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      },
      {
        "date": "2026-07-24",
        "close": 10.53,
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        "typical_volume": 41467074.95,
        "trend": 13.988318,
        "fair_value": 11.710685,
        "relative_strength": -26.19145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -78.087771,
        "energy": 58.051547,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 10.35,
        "volume": 33737974,
        "typical_volume": 41409590.3,
        "trend": 13.848991,
        "fair_value": 11.712577,
        "relative_strength": -27.437868,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.719819,
        "energy": 80.819185,
        "activity_lines": [
          11.526,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 11.04,
        "volume": 34741468,
        "typical_volume": 39499705.4,
        "trend": 13.723408,
        "fair_value": 11.711458,
        "relative_strength": -24.391251,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.307992,
        "energy": 79.4269,
        "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."
    }
  }
}