{
  "ticker": {
    "uuid": "f75d58bb-02e3-4623-93ac-1b5fd33ad4bc",
    "symbol": "000429",
    "name": "Guangdong Provincial Expressway Development 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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 71.033,
    "architecture_energy": 63.521,
    "architecture_maturity": 35.009,
    "architecture_confidence": 84.365,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 9.45,
        "rotation_up": 71.74,
        "upward_expansion": 87.27,
        "deceleration": 46.53,
        "rotation_down": 12.76,
        "downward_expansion": 11.6
      },
      "activity_lines": [
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        13.484323
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 14.8,
    "trend_reference": 13.009667,
    "distance_from_trend": 0.137616,
    "trend_direction": "Improving",
    "fair_value": 11.085017,
    "distance_from_fair_value": 0.335136,
    "fair_value_direction": "Improving",
    "relative_strength": 14.797463,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.21411,
    "excess_performance": 0.20671,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.137616,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.051513,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.335136,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.126638,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.147975,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.322153,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.21411,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.057397,
        "read": "Demand-led"
      }
    ],
    "volume": {
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      "relative_activity": 1.80214,
      "balance": 5.057397,
      "dry_up": 1.677276,
      "accumulation_observations": 7,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.056861,
      "annualized_volatility": 0.188229,
      "from_high_reference": -0.03268,
      "from_low_reference": 0.404175
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    "levels": {
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      "fair_value_reference": 11.085017,
      "structural_low": 11.95,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 37,
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        "directional_follow_through": 0.513514,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
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      {
        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "regime": "deceleration",
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        "regime": "balance",
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        "regime": "rotation_down",
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      {
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 27930403.75,
        "trend": 12.83,
        "fair_value": 10.983958,
        "relative_strength": 15.488914,
        "stage": 2,
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      },
      {
        "date": "2026-07-31",
        "close": 14.56,
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        "typical_volume": 29273076.0,
        "trend": 12.909,
        "fair_value": 11.03407,
        "relative_strength": 18.804667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.679051,
        "energy": 50.169087,
        "activity_lines": [
          14.28,
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      },
      {
        "date": "2026-08-07",
        "close": 14.8,
        "volume": 54054281,
        "typical_volume": 29994504.2,
        "trend": 13.009667,
        "fair_value": 11.085017,
        "relative_strength": 14.797463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.033087,
        "energy": 63.521361,
        "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."
    }
  }
}