{ "ticker": { "uuid": "020cc97c-462f-4ad3-8f47-058c45925efd", "symbol": "300449", "name": "Beijing Hanbang Technology Corp.", "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": 73.045, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -56.417, "architecture_energy": 53.624, "architecture_maturity": 10.856, "architecture_confidence": 84.821, "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": 31.81, "rotation_up": 11.54, "upward_expansion": 10.7, "deceleration": 39.43, "rotation_down": 63.66, "downward_expansion": 84.04 }, "activity_lines": [ 6.654667, 6.931455, 7.374714, 7.515892 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 7.19, "trend_reference": 7.654667, "distance_from_trend": -0.060704, "trend_direction": "Improving", "fair_value": 6.801538, "distance_from_fair_value": 0.057114, "fair_value_direction": "Weakening", "relative_strength": -7.664311, "relative_strength_direction": "Improving", "price_momentum": -0.001389, "excess_performance": -0.008789, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.060704, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.001483, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.057114, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.126595, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.076643, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.086145, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.001389, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.063557, "read": "Demand-led" } ], "volume": { "latest": 49910588, "relative_activity": 0.708059, "balance": 1.063557, "dry_up": 0.719522, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.172034, "annualized_volatility": 0.736578, "from_high_reference": -0.439595, "from_low_reference": 0.274823 }, "levels": { "trend_reference": 7.654667, "fair_value_reference": 6.801538, "structural_low": 5.64, "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": 27, "median_return": 0.010444, "positive_rate": 0.592593, "directional_follow_through": 0.407407, "median_excess_return": -0.016585, "regime_survival": 0.777778, "best_return": 0.499014, "worst_return": -0.15146, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.059325, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.005582, "regime_survival": 0.4, "best_return": 0.309665, "worst_return": -0.22187, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.092211, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.052639, "regime_survival": 0.166667, "best_return": 0.30572, "worst_return": -0.211244, "sufficient": true }, { "horizon": "Full 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"Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": -0.069544, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-11", "end": "2025-12-26", "tenure": "Established", "return": -0.027919, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-02-06", "tenure": "Developing", "return": -0.03937, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": -0.068627, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.144197, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.048529, "active": false 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7.462667, 7.805636, 7.824333, 7.829441 ] }, { "date": "2026-07-17", "close": 6.13, "volume": 51561700, "typical_volume": 80084302.65, "trend": 7.731667, "fair_value": 6.799808, "relative_strength": -19.847541, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.925963, "energy": 58.188541, "activity_lines": [ 6.944667, 7.448545, 7.660095, 7.724581 ] }, { "date": "2026-07-24", "close": 6.07, "volume": 53148013, "typical_volume": 75240669.1, "trend": 7.704, "fair_value": 6.79609, "relative_strength": -20.229012, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.698739, "energy": 67.215397, "activity_lines": [ 6.511333, 7.114, 7.501667, 7.617376 ] }, { "date": "2026-07-31", "close": 6.61, "volume": 48254280, "typical_volume": 71792478.95, "trend": 7.669, "fair_value": 6.796026, "relative_strength": -11.203816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.306742, "energy": 64.007416, "activity_lines": [ 6.455333, 6.951455, 7.406381, 7.546796 ] }, { "date": "2026-08-07", "close": 7.19, "volume": 49910588, "typical_volume": 70489322.35, "trend": 7.654667, "fair_value": 6.801538, "relative_strength": -7.664311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.416946, "energy": 53.624222, "activity_lines": [ 6.654667, 6.931455, 7.374714, 7.515892 ] } ], "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." } } }