{ "ticker": { "uuid": "22426b16-a250-4d64-8844-7195430f3823", "symbol": "000538", "name": "Yunnan Baiyao Group Co.,Ltd", "exchange": "SHZ", "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": "399001.SZ", "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": -19.724, "architecture_energy": 23.184, "architecture_maturity": 89.408, "architecture_confidence": 59.019, "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": 52.14, "rotation_up": 40.41, "upward_expansion": 19.61, "deceleration": 44.16, "rotation_down": 16.98, "downward_expansion": 51.28 }, "activity_lines": [ 51.326666, 50.396363, 50.47768, 51.257218 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 50.759998, "trend_reference": 52.335448, "distance_from_trend": -0.030103, "trend_direction": "Weakening", "fair_value": 50.737617, "distance_from_fair_value": 0.000441, "fair_value_direction": "Weakening", "relative_strength": -8.445355, "relative_strength_direction": "Improving", "price_momentum": -0.059976, "excess_performance": -0.067375, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.030103, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.029636, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.000441, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.040475, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.084454, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.134291, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.059976, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.765262, "read": "Supply-led" } ], "volume": { "latest": 55152100, "relative_activity": 1.472959, "balance": 0.765262, "dry_up": 1.757099, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.043887, "annualized_volatility": 0.191776, "from_high_reference": -0.123237, "from_low_reference": 0.087637 }, "levels": { "trend_reference": 52.335448, "fair_value_reference": 50.737617, 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-4.814662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.751612, "energy": 38.709352, "activity_lines": [ 49.426, 49.32, 50.453435, 51.457094 ] }, { "date": "2026-07-24", "close": 51.0, "volume": 67455636, "typical_volume": 35598839.9, "trend": 52.553858, "fair_value": 50.682212, "relative_strength": -5.497736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.582473, "energy": 22.219657, "activity_lines": [ 50.124, 49.600363, 50.396033, 51.348475 ] }, { "date": "2026-07-31", "close": 52.860001, "volume": 51638553, "typical_volume": 36467063.7, "trend": 52.480624, "fair_value": 50.714386, "relative_strength": -0.180672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.15385, "energy": 18.749831, "activity_lines": [ 51.270667, 50.217091, 50.532551, 51.368226 ] }, { "date": "2026-08-07", "close": 50.759998, "volume": 55152100, "typical_volume": 37443062.35, "trend": 52.335448, "fair_value": 50.737617, "relative_strength": -8.445355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.724047, "energy": 23.183911, "activity_lines": [ 51.326666, 50.396363, 50.47768, 51.257218 ] } ], "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." } } }