{ "ticker": { "uuid": "074bab8c-c248-42bc-941c-c5ab12444eea", "symbol": "600573", "name": "FuJian YanJing HuiQuan Brewery 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -60.573, "architecture_energy": 50.524, "architecture_maturity": 34.124, "architecture_confidence": 94.207, "architecture_tenure": "Developing", "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": 21.64, "rotation_up": 20.94, "upward_expansion": 8.02, "deceleration": 54.3, "rotation_down": 54.36, "downward_expansion": 79.02 }, "activity_lines": [ 9.462667, 9.639235, 10.769187, 11.233422 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 9.64, "trend_reference": 11.667673, "distance_from_trend": -0.173786, "trend_direction": "Weakening", "fair_value": 10.796404, "distance_from_fair_value": -0.10711, "fair_value_direction": "Weakening", "relative_strength": -17.704956, "relative_strength_direction": "Weakening", "price_momentum": -0.180969, "excess_performance": -0.137765, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.173786, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.052437, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.10711, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.360391, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.17705, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.203692, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.180969, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.767098, "read": "Supply-led" } ], "volume": { "latest": 32755500, "relative_activity": 0.682757, "balance": 0.767098, "dry_up": 0.806789, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.124852, "annualized_volatility": 0.502663, "from_high_reference": -0.381655, "from_low_reference": 0.119628 }, "levels": { "trend_reference": 11.667673, "fair_value_reference": 10.796404, "structural_low": 8.61, "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": 15, "median_return": 0.034762, "positive_rate": 0.733333, "directional_follow_through": 0.266667, "median_excess_return": 0.03659, "regime_survival": 0.666667, "best_return": 0.110854, "worst_return": -0.077477, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.135863, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.108985, "regime_survival": 0.333333, "best_return": 0.249123, "worst_return": -0.197405, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.167139, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.240266, "regime_survival": 0.25, "best_return": 0.31457, "worst_return": -0.163285, "sufficient": false }, { "horizon": "Full 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"gate": "down", "direction": -76.862674, "energy": 84.965206, "activity_lines": [ 9.639876, 10.818779, 11.679476, 11.872972 ] }, { "date": "2026-07-17", "close": 9.12, "volume": 39825000, "typical_volume": 47556208.65, "trend": 11.968673, "fair_value": 10.829799, "relative_strength": -19.974632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.968766, "energy": 83.922356, "activity_lines": [ 9.237711, 10.356411, 11.401523, 11.683315 ] }, { "date": "2026-07-24", "close": 9.23, "volume": 39449274, "typical_volume": 47703452.25, "trend": 11.840673, "fair_value": 10.815079, "relative_strength": -19.540314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.61259, "energy": 81.764477, "activity_lines": [ 9.160667, 9.996129, 11.14895, 11.506627 ] }, { "date": "2026-07-31", "close": 9.71, "volume": 42794144, "typical_volume": 48227273.55, "trend": 11.744006, "fair_value": 10.805902, "relative_strength": -15.278008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.990386, "energy": 70.591683, "activity_lines": [ 9.344, 9.801769, 10.955807, 11.369164 ] }, { "date": "2026-08-07", "close": 9.64, "volume": 32755500, "typical_volume": 47975333.8, "trend": 11.667673, "fair_value": 10.796404, "relative_strength": -17.704956, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.572582, "energy": 50.523595, "activity_lines": [ 9.462667, 9.639235, 10.769187, 11.233422 ] } ], "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." } } }