{ "ticker": { "uuid": "22350d91-7ef9-41fa-acbb-d45d193669dc", "symbol": "603215", "name": "Zhejiang Biyi Electric Appliance 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": -61.711, "architecture_energy": 55.495, "architecture_maturity": 80.068, "architecture_confidence": 95.508, "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": 11.56, "rotation_up": 26.85, "upward_expansion": 9.67, "deceleration": 57.28, "rotation_down": 50.19, "downward_expansion": 80.67 }, "activity_lines": [ 13.992322, 14.1408, 15.25072, 16.31062 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 14.73, "trend_reference": 17.746724, "distance_from_trend": -0.169988, "trend_direction": "Weakening", "fair_value": 17.051483, "distance_from_fair_value": -0.136146, "fair_value_direction": "Weakening", "relative_strength": -22.166551, "relative_strength_direction": "Weakening", "price_momentum": -0.278648, "excess_performance": -0.235445, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.169988, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.103656, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.136146, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.187955, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.221666, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.064736, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.278648, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.420068, "read": "Supply-led" } ], "volume": { "latest": 8904300, "relative_activity": 0.776464, "balance": 0.420068, "dry_up": 0.641096, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.088794, "annualized_volatility": 0.378851, "from_high_reference": -0.396311, "from_low_reference": 0.155294 }, "levels": { "trend_reference": 17.746724, "fair_value_reference": 17.051483, "structural_low": 12.75, "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": 12, "median_return": -0.070704, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.029121, "regime_survival": 0.75, "best_return": 0.243243, "worst_return": -0.137741, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.118249, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.100567, "regime_survival": 0.75, "best_return": 0.025146, "worst_return": -0.256397, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.009577, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.079427, "regime_survival": 0.5, "best_return": 0.165685, "worst_return": -0.184839, "sufficient": false }, { "horizon": "Full cycle", 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contraction", "gate": "down", "direction": -69.818446, "energy": 64.807783, "activity_lines": [ 14.436152, 15.032561, 16.481133, 17.468764 ] }, { "date": "2026-07-17", "close": 14.05, "volume": 8031300, "typical_volume": 11664187.3, "trend": 18.499391, "fair_value": 17.180162, "relative_strength": -23.793604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.526684, "energy": 61.751368, "activity_lines": [ 14.283371, 14.724711, 16.145697, 17.168481 ] }, { "date": "2026-07-24", "close": 12.85, "volume": 6725200, "typical_volume": 11520059.15, "trend": 18.227057, "fair_value": 17.11416, "relative_strength": -30.705483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.223387, "energy": 65.189575, "activity_lines": [ 13.76259, 14.273226, 15.726926, 16.804004 ] }, { "date": "2026-07-31", "close": 13.84, "volume": 5746927, "typical_volume": 11407555.0, "trend": 17.990391, "fair_value": 17.077207, "relative_strength": -25.210586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.814735, "energy": 63.052343, "activity_lines": [ 13.731061, 14.092831, 15.432871, 16.520968 ] }, { "date": "2026-08-07", "close": 14.73, "volume": 8904300, "typical_volume": 11467760.0, "trend": 17.746724, "fair_value": 17.051483, "relative_strength": -22.166551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.710639, "energy": 55.494654, "activity_lines": [ 13.992322, 14.1408, 15.25072, 16.31062 ] } ], "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." } } }