{ "ticker": { "uuid": "0e686487-1082-4763-8335-4e92097ba300", "symbol": "600776", "name": "Eastern Communications 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": -64.17, "architecture_energy": 68.937, "architecture_maturity": 28.499, "architecture_confidence": 89.245, "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": 8.4, "rotation_up": 15.1, "upward_expansion": 14.7, "deceleration": 41.25, "rotation_down": 67.12, "downward_expansion": 88.03 }, "activity_lines": [ 12.340344, 12.761331, 13.973713, 14.708185 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 13.04, "trend_reference": 15.926388, "distance_from_trend": -0.181233, "trend_direction": "Weakening", "fair_value": 12.09002, "distance_from_fair_value": 0.078576, "fair_value_direction": "Weakening", "relative_strength": -10.92307, "relative_strength_direction": "Weakening", "price_momentum": -0.295135, "excess_performance": -0.251931, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.181233, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.018445, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.078576, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.480264, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.109231, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.332755, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.295135, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.698993, "read": "Supply-led" } ], "volume": { "latest": 86542499, "relative_activity": 0.821881, "balance": 0.698993, "dry_up": 0.772172, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.10601, "annualized_volatility": 0.465951, "from_high_reference": -0.518642, "from_low_reference": 0.19633 }, "levels": { "trend_reference": 15.926388, "fair_value_reference": 12.09002, "structural_low": 11.110219, "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": 22, "median_return": 0.018776, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": 0.01275, "regime_survival": 0.681818, "best_return": 0.3, "worst_return": -0.218892, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.027679, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.007609, "regime_survival": 0.444444, "best_return": 0.184205, "worst_return": -0.107767, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.045356, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.004668, "regime_survival": 0.333333, "best_return": 0.194086, "worst_return": -0.152023, "sufficient": true }, { "horizon": 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}, { "date": "2026-07-10", "close": 12.932055, "volume": 90857348, "typical_volume": 111883172.15, "trend": 16.429479, "fair_value": 12.113957, "relative_strength": -12.822959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.235217, "energy": 76.207246, "activity_lines": [ 13.480624, 14.331114, 15.156977, 15.77432 ] }, { "date": "2026-07-17", "close": 11.448702, "volume": 88116271, "typical_volume": 110845570.0, "trend": 16.27477, "fair_value": 12.097445, "relative_strength": -18.033744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.455342, "energy": 87.537698, "activity_lines": [ 12.652565, 13.659889, 14.757594, 15.45298 ] }, { "date": "2026-07-24", "close": 11.478568, "volume": 76338918, "typical_volume": 106872295.55, "trend": 16.156388, "fair_value": 12.087427, "relative_strength": -18.859776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.293529, "energy": 86.968247, "activity_lines": [ 12.077883, 13.122482, 14.394776, 15.143547 ] }, { "date": "2026-07-31", "close": 12.41, "volume": 74235182, "typical_volume": 105010364.55, "trend": 16.041722, "fair_value": 12.085786, "relative_strength": -12.743199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.244565, "energy": 78.857626, "activity_lines": [ 12.073106, 12.854452, 14.145435, 14.901845 ] }, { "date": "2026-08-07", "close": 13.04, "volume": 86542499, "typical_volume": 105298048.15, "trend": 15.926388, "fair_value": 12.09002, "relative_strength": -10.92307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.170054, "energy": 68.937125, "activity_lines": [ 12.340344, 12.761331, 13.973713, 14.708185 ] } ], "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." } } }