{
  "ticker": {
    "uuid": "e16b9299-7a57-4e2b-bf21-acd7c1f697b6",
    "symbol": "605151",
    "name": "West Shanghai Automotive Service 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": -61.184,
    "architecture_energy": 66.88,
    "architecture_maturity": 15.518,
    "architecture_confidence": 85.997,
    "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": 21.76,
        "rotation_up": 10.21,
        "upward_expansion": 14.49,
        "deceleration": 38.74,
        "rotation_down": 67.51,
        "downward_expansion": 85.49
      },
      "activity_lines": [
        17.095334,
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        18.954429,
        19.332409
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 17.9,
    "trend_reference": 19.756667,
    "distance_from_trend": -0.093977,
    "trend_direction": "Weakening",
    "fair_value": 17.924959,
    "distance_from_fair_value": -0.001392,
    "fair_value_direction": "Weakening",
    "relative_strength": -9.148611,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.218341,
    "excess_performance": -0.175137,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.093977,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.024667,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.001392,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.284191,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.091486,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.152922,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.218341,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.419201,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 6892547,
      "relative_activity": 0.758368,
      "balance": 0.419201,
      "dry_up": 1.072954,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.098754,
      "annualized_volatility": 0.397566,
      "from_high_reference": -0.327826,
      "from_low_reference": 0.236188
    },
    "levels": {
      "trend_reference": 19.756667,
      "fair_value_reference": 17.924959,
      "structural_low": 14.48,
      "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": 16,
        "median_return": 0.010918,
        "positive_rate": 0.5625,
        "directional_follow_through": 0.4375,
        "median_excess_return": 0.017015,
        "regime_survival": 0.625,
        "best_return": 0.18361,
        "worst_return": -0.113623,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.007507,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.285714,
        "median_excess_return": 0.000499,
        "regime_survival": 0.571429,
        "best_return": 0.132872,
        "worst_return": -0.064415,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.054265,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.041459,
        "regime_survival": 0.75,
        "best_return": 0.003468,
        "worst_return": -0.161306,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.02797,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.046753,
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        "best_return": -0.001818,
        "worst_return": -0.054122,
        "sufficient": false
      }
    ],
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-15",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.039907,
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      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-05-30",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-01-23",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2026-02-13",
        "tenure": "New",
        "return": -0.062882,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2026-03-13",
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        "return": -0.065187,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "deceleration",
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      {
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        "active": true
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 9127981.45,
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        "stage": 4,
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        "direction": -76.436798,
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      },
      {
        "date": "2026-07-24",
        "close": 15.5,
        "volume": 13701226,
        "typical_volume": 9179436.2,
        "trend": 19.851667,
        "fair_value": 17.93067,
        "relative_strength": -19.434268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "energy": 77.808243,
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      },
      {
        "date": "2026-07-31",
        "close": 16.950001,
        "volume": 10561565,
        "typical_volume": 9159749.45,
        "trend": 19.789667,
        "fair_value": 17.922984,
        "relative_strength": -11.91978,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.35408,
        "energy": 72.966028,
        "activity_lines": [
          16.944667,
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      },
      {
        "date": "2026-08-07",
        "close": 17.9,
        "volume": 6892547,
        "typical_volume": 9088651.8,
        "trend": 19.756667,
        "fair_value": 17.924959,
        "relative_strength": -9.148611,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.184389,
        "energy": 66.880315,
        "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."
    }
  }
}