{
  "ticker": {
    "uuid": "f3d672a1-ebbe-44bd-bac3-40a15db74ad6",
    "symbol": "002972",
    "name": "Shenzhen Keanda Electronic Technology Corp., 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 20.375,
    "architecture_energy": 25.584,
    "architecture_maturity": 59.969,
    "architecture_confidence": 85.458,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 42.36,
        "rotation_up": 19.77,
        "upward_expansion": 54.23,
        "deceleration": 91.17,
        "rotation_down": 44.02,
        "downward_expansion": 22.57
      },
      "activity_lines": [
        13.724,
        14.863454,
        14.390692,
        13.909988
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 13.81,
    "trend_reference": 13.31585,
    "distance_from_trend": 0.03711,
    "trend_direction": "Improving",
    "fair_value": 11.004392,
    "distance_from_fair_value": 0.254954,
    "fair_value_direction": "Improving",
    "relative_strength": 3.976108,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.140177,
    "excess_performance": 0.132777,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.03711,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.082768,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.254954,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.012614,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.039761,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.150196,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.140177,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.670524,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 41953577,
      "relative_activity": 1.316701,
      "balance": 0.670524,
      "dry_up": 1.475638,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.155183,
      "annualized_volatility": 0.562877,
      "from_high_reference": -0.308116,
      "from_low_reference": 0.323902
    },
    "levels": {
      "trend_reference": 13.31585,
      "fair_value_reference": 11.004392,
      "structural_low": 10.431283,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": 0.021862,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.003164,
        "regime_survival": 0.6,
        "best_return": 0.196812,
        "worst_return": -0.086371,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.030055,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.002164,
        "regime_survival": 0.333333,
        "best_return": 0.099939,
        "worst_return": -0.029238,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.049371,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.133927,
        "regime_survival": 0.0,
        "best_return": 0.134497,
        "worst_return": -0.070078,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.091347,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.157251,
        "regime_survival": 0.333333,
        "best_return": 0.177658,
        "worst_return": -0.085232,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-30",
        "end": "2024-11-22",
        "tenure": "Established",
        "return": 0.050571,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-29",
        "end": "2024-12-13",
        "tenure": "New",
        "return": 0.054629,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.120179,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": 0.163113,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-28",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.049533,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.172354,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-09-12",
        "tenure": "Established",
        "return": 0.103908,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-19",
        "end": "2026-01-02",
        "tenure": "Established",
        "return": -0.021046,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-01-30",
        "tenure": "New",
        "return": 0.019135,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-06",
        "end": "2026-02-27",
        "tenure": "New",
        "return": 0.006334,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-06",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.02224,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Developing",
        "return": 0.122396,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2026-07-31",
        "tenure": "Established",
        "return": -0.040865,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-07-28",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 27162576.6,
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      },
      {
        "date": "2026-07-24",
        "close": 13.25,
        "volume": 59312820,
        "typical_volume": 29322919.8,
        "trend": 13.241458,
        "fair_value": 10.986155,
        "relative_strength": 2.966128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "energy": 36.92666,
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      },
      {
        "date": "2026-07-31",
        "close": 12.3,
        "volume": 39629014,
        "typical_volume": 30397706.1,
        "trend": 13.249368,
        "fair_value": 10.988636,
        "relative_strength": -2.686332,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 10.636678,
        "energy": 16.800857,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 13.81,
        "volume": 41953577,
        "typical_volume": 31862643.95,
        "trend": 13.31585,
        "fair_value": 11.004392,
        "relative_strength": 3.976108,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.374858,
        "energy": 25.584423,
        "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."
    }
  }
}