{ "ticker": { "uuid": "0dec56b5-a422-4fa4-96b8-c5592acca8d6", "symbol": "003004", "name": "Beijing Telesound Electronics Co., Ltd.", "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 40.254, "architecture_energy": 29.55, "architecture_maturity": 77.0, "architecture_confidence": 94.521, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 26.71, "rotation_up": 29.75, "upward_expansion": 63.05, "deceleration": 85.5, "rotation_down": 30.88, "downward_expansion": 22.05 }, "activity_lines": [ 62.162, 65.428, 59.598286, 52.587312 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 65.5, "trend_reference": 43.994667, "distance_from_trend": 0.488817, "trend_direction": "Improving", "fair_value": 27.451608, "distance_from_fair_value": 1.386017, "fair_value_direction": "Improving", "relative_strength": 90.802891, "relative_strength_direction": "Improving", "price_momentum": 1.386157, "excess_performance": 1.378757, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.488817, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.508147, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.386017, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.830864, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.908029, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.541111, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.386157, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.943629, "read": "Demand-led" } ], "volume": { "latest": 9770124, "relative_activity": 1.056493, "balance": 2.943629, "dry_up": 1.38636, "accumulation_observations": 6, "distribution_observations": 3 }, "risk": { "range_context": 0.151685, "annualized_volatility": 0.710747, "from_high_reference": -0.267747, "from_low_reference": 2.638889 }, "levels": { "trend_reference": 43.994667, "fair_value_reference": 27.451608, "structural_low": 25.610001, "invalidation": "A sustained 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"2026-07-10", "close": 83.010002, "volume": 21609981, "typical_volume": 7557937.65, "trend": 38.904667, "fair_value": 26.632137, "relative_strength": 151.761631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.314615, "energy": 77.378977, "activity_lines": [ 74.5, 67.751454, 54.788381, 47.491785 ] }, { "date": "2026-07-17", "close": 63.860001, "volume": 16289433, "typical_volume": 8230658.7, "trend": 40.278667, "fair_value": 26.857937, "relative_strength": 107.284116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.722952, "energy": 66.92334, "activity_lines": [ 71.884667, 68.312545, 56.528381, 49.101806 ] }, { "date": "2026-07-24", "close": 57.0, "volume": 14911212, "typical_volume": 8789552.8, "trend": 41.438, "fair_value": 27.036584, "relative_strength": 80.296951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.543128, "energy": 54.672898, "activity_lines": [ 66.984667, 67.162182, 57.445143, 50.180602 ] }, { "date": "2026-07-31", "close": 55.799999, "volume": 10311772, "typical_volume": 8951744.7, "trend": 42.558, "fair_value": 27.207856, "relative_strength": 75.428353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.844627, "energy": 37.941789, "activity_lines": [ 62.494, 65.467818, 58.118857, 51.107183 ] }, { "date": "2026-08-07", "close": 65.5, "volume": 9770124, "typical_volume": 9247694.7, "trend": 43.994667, "fair_value": 27.451608, "relative_strength": 90.802891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.254425, "energy": 29.550479, "activity_lines": [ 62.162, 65.428, 59.598286, 52.587312 ] } ], "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." } } }