{ "ticker": { "uuid": "10b84e74-c1c6-4093-9965-12f250da1719", "symbol": "600661", "name": "Shanghai Xinnanyang Only Education & Technology 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": 85.685, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -13.127, "architecture_energy": 20.922, "architecture_maturity": 95.054, "architecture_confidence": 74.628, "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": 36.92, "rotation_up": 39.99, "upward_expansion": 24.38, "deceleration": 41.33, "rotation_down": 20.6, "downward_expansion": 58.38 }, "activity_lines": [ 8.502667, 8.073273, 8.359619, 8.771763 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 9.34, "trend_reference": 9.346333, "distance_from_trend": -0.000678, "trend_direction": "Weakening", "fair_value": 10.422949, "distance_from_fair_value": -0.1039, "fair_value_direction": "Weakening", "relative_strength": -4.970786, "relative_strength_direction": "Improving", "price_momentum": -0.126286, "excess_performance": -0.083082, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.000678, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.08459, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.1039, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.06774, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.049708, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.065881, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.126286, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.15041, "read": "Demand-led" } ], "volume": { "latest": 108596481, "relative_activity": 3.887529, "balance": 1.15041, "dry_up": 2.231569, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.086559, "annualized_volatility": 0.390394, "from_high_reference": -0.254589, "from_low_reference": 0.353623 }, "levels": { "trend_reference": 9.346333, "fair_value_reference": 10.422949, "structural_low": 6.9, "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": 26, "median_return": 0.0067, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": -0.003261, "regime_survival": 0.769231, "best_return": 0.539683, "worst_return": -0.206177, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.012473, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.054479, "regime_survival": 0.5, "best_return": 0.365435, "worst_return": -0.278926, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.017149, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.005718, "regime_survival": 0.2, "best_return": 0.35752, "worst_return": -0.134342, "sufficient": true }, { "horizon": "Full cycle", 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"close": 7.51, "volume": 33442656, "typical_volume": 21223004.55, "trend": 9.421, "fair_value": 10.425064, "relative_strength": -22.104846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.656734, "energy": 56.48416, "activity_lines": [ 7.528, 7.613091, 8.305095, 8.812258 ] }, { "date": "2026-07-31", "close": 8.83, "volume": 65525698, "typical_volume": 23483345.5, "trend": 9.376667, "fair_value": 10.421859, "relative_strength": -8.215729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.082988, "energy": 32.446364, "activity_lines": [ 7.992, 7.795455, 8.305, 8.774129 ] }, { "date": "2026-08-07", "close": 9.34, "volume": 108596481, "typical_volume": 27934575.55, "trend": 9.346333, "fair_value": 10.422949, "relative_strength": -4.970786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.127052, "energy": 20.922332, "activity_lines": [ 8.502667, 8.073273, 8.359619, 8.771763 ] } ], "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." } } }