{ "ticker": { "uuid": "1ef78de4-7d48-4b06-a5f4-f73a304ea0c4", "symbol": "603918", "name": "Shanghai Golden Bridge InfoTech 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": -48.705, "architecture_energy": 39.962, "architecture_maturity": 100.0, "architecture_confidence": 96, "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": 17.16, "rotation_up": 27.7, "upward_expansion": 18.99, "deceleration": 47.0, "rotation_down": 41.66, "downward_expansion": 71.33 }, "activity_lines": [ 10.459333, 10.187091, 10.909524, 11.793011 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 11.1, "trend_reference": 13.214, "distance_from_trend": -0.159982, "trend_direction": "Weakening", "fair_value": 15.897652, "distance_from_fair_value": -0.301784, "fair_value_direction": "Weakening", "relative_strength": -25.799933, "relative_strength_direction": "Improving", "price_momentum": -0.341246, "excess_performance": -0.298042, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.159982, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.136114, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.301784, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.114642, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.257999, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003712, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.341246, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.351321, "read": "Supply-led" } ], "volume": { "latest": 125193423, "relative_activity": 2.903125, "balance": 0.351321, "dry_up": 2.291755, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.092931, "annualized_volatility": 0.43397, "from_high_reference": -0.5, "from_low_reference": 0.231964 }, "levels": { "trend_reference": 13.214, "fair_value_reference": 15.897652, "structural_low": 9.01, "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": 27, "median_return": -0.025638, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.040276, "regime_survival": 0.814815, "best_return": 0.345946, "worst_return": -0.266479, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.086765, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.083955, "regime_survival": 0.555556, "best_return": 0.56551, "worst_return": -0.271724, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.050089, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.053684, "regime_survival": 0.4, "best_return": 0.151704, "worst_return": -0.408163, "sufficient": true }, { "horizon": "Full 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"Established contraction", "gate": "down", "direction": -76.122492, "energy": 71.669066, "activity_lines": [ 9.612, 10.121273, 11.334238, 12.371527 ] }, { "date": "2026-07-24", "close": 9.14, "volume": 54764887, "typical_volume": 33111781.05, "trend": 13.505667, "fair_value": 16.113155, "relative_strength": -38.879796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.279552, "energy": 70.573466, "activity_lines": [ 9.412667, 9.833091, 11.03619, 12.076409 ] }, { "date": "2026-07-31", "close": 11.38, "volume": 160726550, "typical_volume": 38771835.8, "trend": 13.367, "fair_value": 16.009144, "relative_strength": -23.10183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.088651, "energy": 53.08834, "activity_lines": [ 10.048667, 10.025091, 10.978762, 11.939269 ] }, { "date": "2026-08-07", "close": 11.1, "volume": 125193423, "typical_volume": 43123671.0, "trend": 13.214, "fair_value": 15.897652, "relative_strength": -25.799933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.704788, "energy": 39.96202, "activity_lines": [ 10.459333, 10.187091, 10.909524, 11.793011 ] } ], "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." } } }