{ "ticker": { "uuid": "183be7e0-fab3-4c9a-bd40-b07fb2162dc6", "symbol": "688333", "name": "Xi'an Bright Laser Technologies 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -13.188, "architecture_energy": 11.761, "architecture_maturity": 33.983, "architecture_confidence": 45.945, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 54.63, "rotation_up": 18.72, "upward_expansion": 13.67, "deceleration": 57.37, "rotation_down": 42.61, "downward_expansion": 63.33 }, "activity_lines": [ 95.496001, 97.878942, 95.812396, 95.91853 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 110.339996, "trend_reference": 98.569278, "distance_from_trend": 0.119416, "trend_direction": "Improving", "fair_value": 70.773217, "distance_from_fair_value": 0.559064, "fair_value_direction": "Improving", "relative_strength": 23.1919, "relative_strength_direction": "Improving", "price_momentum": -0.009782, "excess_performance": 0.033422, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.119416, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041614, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.559064, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.203066, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.231919, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.175596, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.009782, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.559338, "read": "Supply-led" } ], "volume": { "latest": 74020003, "relative_activity": 1.424948, "balance": 0.559338, "dry_up": 1.567797, "accumulation_observations": 3, "distribution_observations": 6 }, "risk": { "range_context": 0.177127, "annualized_volatility": 0.956652, "from_high_reference": -0.213374, "from_low_reference": 0.834414 }, "levels": { "trend_reference": 98.569278, "fair_value_reference": 70.773217, "structural_low": 73.519381, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.01725, "positive_rate": 0.388889, "directional_follow_through": 0.388889, "median_excess_return": -0.015841, "regime_survival": 0.555556, "best_return": 0.310584, "worst_return": -0.343913, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.007514, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.040672, "regime_survival": 0.142857, "best_return": 0.27405, "worst_return": -0.263934, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.064589, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.100329, "regime_survival": 0.166667, "best_return": 0.83696, "worst_return": -0.25569, 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"typical_volume": 48219975.75, "trend": 99.435278, "fair_value": 70.694394, "relative_strength": -4.342102, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.078695, "energy": 17.819706, "activity_lines": [ 97.62267, 98.081846, 95.337951, 96.324566 ] }, { "date": "2026-07-31", "close": 81.410004, "volume": 58567744, "typical_volume": 49549353.0, "trend": 98.608278, "fair_value": 70.641378, "relative_strength": -5.676601, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.170761, "energy": 23.850177, "activity_lines": [ 91.091337, 95.287148, 94.163245, 95.161645 ] }, { "date": "2026-08-07", "close": 110.339996, "volume": 74020003, "typical_volume": 51945768.5, "trend": 98.569278, "fair_value": 70.773217, "relative_strength": 23.1919, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.188386, "energy": 11.761128, "activity_lines": [ 95.496001, 97.878942, 95.812396, 95.91853 ] } ], "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." } } }