{ "ticker": { "uuid": "0bff39e3-797e-43b1-b017-571a28ed99ca", "symbol": "603605", "name": "Proya Cosmetics 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": -54.272, "architecture_energy": 31.864, "architecture_maturity": 63.636, "architecture_confidence": 87.105, "architecture_tenure": "Established", "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": 25.93, "rotation_up": 20.2, "upward_expansion": 3.02, "deceleration": 58.36, "rotation_down": 52.43, "downward_expansion": 78.69 }, "activity_lines": [ 58.009114, 58.47877, 59.55038, 60.979994 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 57.720001, "trend_reference": 63.566791, "distance_from_trend": -0.091979, "trend_direction": "Weakening", "fair_value": 84.455653, "distance_from_fair_value": -0.316564, "fair_value_direction": "Weakening", "relative_strength": -15.799324, "relative_strength_direction": "Improving", "price_momentum": -0.209315, "excess_performance": -0.166111, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.091979, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.050008, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.316564, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.009602, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.157993, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.101245, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.209315, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.02703, "read": "Demand-led" } ], "volume": { "latest": 25251584, "relative_activity": 1.4396, "balance": 1.02703, "dry_up": 1.547317, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.092889, "annualized_volatility": 0.36943, "from_high_reference": -0.366272, "from_low_reference": 0.073457 }, "levels": { "trend_reference": 63.566791, "fair_value_reference": 84.455653, 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62.100211 ] }, { "date": "2026-07-24", "close": 56.25, "volume": 22765585, "typical_volume": 15959592.45, "trend": 64.146457, "fair_value": 85.080268, "relative_strength": -16.656819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.878323, "energy": 67.005098, "activity_lines": [ 56.392076, 58.719997, 59.757034, 61.564633 ] }, { "date": "2026-07-31", "close": 61.290001, "volume": 29675169, "typical_volume": 16898275.7, "trend": 63.925458, "fair_value": 84.77483, "relative_strength": -8.903956, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.46637, "energy": 39.384486, "activity_lines": [ 57.987827, 58.952111, 59.80835, 61.380346 ] }, { "date": "2026-08-07", "close": 57.720001, "volume": 25251584, "typical_volume": 17540694.15, "trend": 63.566791, "fair_value": 84.455653, "relative_strength": -15.799324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.271954, "energy": 31.864464, "activity_lines": [ 58.009114, 58.47877, 59.55038, 60.979994 ] } ], "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." } } }