{ "ticker": { "uuid": "0546ddef-a8c9-46b6-818a-86cc529b4781", "symbol": "600975", "name": "Hunan New Wellful 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": -36.472, "architecture_energy": 20.994, "architecture_maturity": 100.0, "architecture_confidence": 72.057, "architecture_tenure": "Extended", "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": 40.06, "rotation_up": 26.91, "upward_expansion": 19.45, "deceleration": 46.4, "rotation_down": 25.16, "downward_expansion": 55.78 }, "activity_lines": [ 4.926, 4.850727, 4.964619, 5.114946 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 4.93, "trend_reference": 5.324667, "distance_from_trend": -0.07412, "trend_direction": "Weakening", "fair_value": 7.024231, "distance_from_fair_value": -0.298144, "fair_value_direction": "Weakening", "relative_strength": -13.45949, "relative_strength_direction": "Improving", "price_momentum": -0.164407, "excess_performance": -0.121203, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.07412, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.074722, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.298144, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.038902, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.134595, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.031205, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.164407, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.868266, "read": "Supply-led" } ], "volume": { "latest": 48761994, "relative_activity": 0.810289, "balance": 0.868266, "dry_up": 1.158458, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.065689, "annualized_volatility": 0.31919, "from_high_reference": -0.300709, "from_low_reference": 0.176611 }, "levels": { "trend_reference": 5.324667, "fair_value_reference": 7.024231, "structural_low": 4.19, "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": 24, "median_return": 0.005557, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.012626, "regime_survival": 0.833333, "best_return": 0.16763, "worst_return": -0.256741, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.074271, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.067367, "regime_survival": 0.555556, "best_return": 0.666189, "worst_return": -0.343216, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.020237, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.031018, "regime_survival": 0.333333, "best_return": 0.54244, "worst_return": -0.27366, "sufficient": true }, { "horizon": "Full 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28.70449, "activity_lines": [ 4.900667, 4.813273, 5.010333, 5.173441 ] }, { "date": "2026-07-31", "close": 4.91, "volume": 48992117, "typical_volume": 62175844.35, "trend": 5.356667, "fair_value": 7.060449, "relative_strength": -11.973894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.519026, "energy": 25.969905, "activity_lines": [ 4.932, 4.826909, 4.984476, 5.142473 ] }, { "date": "2026-08-07", "close": 4.93, "volume": 48761994, "typical_volume": 60178497.55, "trend": 5.324667, "fair_value": 7.024231, "relative_strength": -13.45949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.471916, "energy": 20.993746, "activity_lines": [ 4.926, 4.850727, 4.964619, 5.114946 ] } ], "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." } } }