{ "ticker": { "uuid": "096bf21d-2c8e-484b-b5c2-099ccf8831ce", "symbol": "605299", "name": "Shuhua Sports 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": 69.047, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -38.385, "architecture_energy": 61.225, "architecture_maturity": 29.038, "architecture_confidence": 63.156, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 15.88, "rotation_up": 21.71, "upward_expansion": 21.81, "deceleration": 46.04, "rotation_down": 66.29, "downward_expansion": 63.48 }, "activity_lines": [ 11.880667, 12.524, 15.212231, 15.786232 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 12.28, "trend_reference": 15.603121, "distance_from_trend": -0.212978, "trend_direction": "Improving", "fair_value": 10.201223, "distance_from_fair_value": 0.203777, "fair_value_direction": "Weakening", "relative_strength": -6.380922, "relative_strength_direction": "Weakening", "price_momentum": 0.099769, "excess_performance": 0.142972, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.212978, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.055184, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.203777, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.518559, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.063809, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -1.190354, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.099769, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.238628, "read": "Supply-led" } ], "volume": { "latest": 60509460, "relative_activity": 0.493276, "balance": 0.238628, "dry_up": 0.701733, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.183413, "annualized_volatility": 0.843327, "from_high_reference": -0.556038, "from_low_reference": 0.400496 }, "levels": { "trend_reference": 15.603121, "fair_value_reference": 10.201223, "structural_low": 9.84, "invalidation": "Reclaiming a 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"rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.594237, "energy": 64.271598, "activity_lines": [ 13.500667, 15.135273, 17.386858, 16.781015 ] }, { "date": "2026-07-17", "close": 11.27, "volume": 40529100, "typical_volume": 120467865.8, "trend": 15.586203, "fair_value": 10.196215, "relative_strength": -9.32366, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.840867, "energy": 68.785388, "activity_lines": [ 12.614667, 14.032545, 16.792079, 16.500558 ] }, { "date": "2026-07-24", "close": 11.89, "volume": 107382933, "typical_volume": 123761239.4, "trend": 15.582595, "fair_value": 10.196781, "relative_strength": -5.920726, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.634118, "energy": 61.981156, "activity_lines": [ 12.198, 13.330909, 16.262834, 16.262093 ] }, { "date": "2026-07-31", "close": 11.5, "volume": 135900386, "typical_volume": 128075769.8, "trend": 15.573253, "fair_value": 10.196412, "relative_strength": -9.671734, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.989824, "energy": 68.783509, "activity_lines": [ 11.842, 12.801091, 15.697953, 15.9987 ] }, { "date": "2026-08-07", "close": 12.28, "volume": 60509460, "typical_volume": 122668460.4, "trend": 15.603121, "fair_value": 10.201223, "relative_strength": -6.380922, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.384558, "energy": 61.225065, "activity_lines": [ 11.880667, 12.524, 15.212231, 15.786232 ] } ], "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." } } }