{ "ticker": { "uuid": "22e807e6-3d4a-4c5a-84a2-c0b7c416c48e", "symbol": "000729", "name": "Beijing Yanjing Brewery 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 64.481, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "mixed", "architecture_direction": 10.808, "architecture_energy": 27.842, "architecture_maturity": 69.056, "architecture_confidence": 80.932, "architecture_tenure": "Developing", "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": 48.36, "rotation_up": 62.77, "upward_expansion": 34.76, "deceleration": 38.45, "rotation_down": 12.06, "downward_expansion": 21.76 }, "activity_lines": [ 12.422551, 11.751883, 11.88505, 12.132274 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 12.65, "trend_reference": 12.333056, "distance_from_trend": 0.025699, "trend_direction": "Weakening", "fair_value": 10.917452, "distance_from_fair_value": 0.158695, "fair_value_direction": "Weakening", "relative_strength": -0.112085, "relative_strength_direction": "Improving", "price_momentum": 0.044591, "excess_performance": 0.037191, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.025699, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.011567, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.158695, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.024006, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.001121, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.165893, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.044591, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.195576, "read": "Demand-led" } ], "volume": { "latest": 137004268, "relative_activity": 0.919261, "balance": 1.195576, "dry_up": 1.128729, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.077005, "annualized_volatility": 0.39275, "from_high_reference": -0.131181, "from_low_reference": 0.291717 }, "levels": { "trend_reference": 12.333056, "fair_value_reference": 10.917452, "structural_low": 9.793166, 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"down", "direction": -65.500219, "energy": 82.272801, "activity_lines": [ 10.534934, 11.22584, 11.991883, 12.190349 ] }, { "date": "2026-07-10", "close": 10.668259, "volume": 184852579, "typical_volume": 138471740.0, "trend": 12.242441, "fair_value": 10.891037, "relative_strength": -21.600033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.329036, "energy": 81.024656, "activity_lines": [ 10.476124, 11.027279, 11.825177, 12.085122 ] }, { "date": "2026-07-17", "close": 11.74, "volume": 197455168, "typical_volume": 143315649.9, "trend": 12.229261, "fair_value": 10.889517, "relative_strength": -4.578741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.631395, "energy": 59.879072, "activity_lines": [ 10.857345, 11.07143, 11.768265, 12.052707 ] }, { "date": "2026-07-24", "close": 12.42, "volume": 197967798, "typical_volume": 145374365.25, "trend": 12.241723, "fair_value": 10.89384, "relative_strength": 0.979402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.213759, "energy": 19.232841, "activity_lines": [ 11.463899, 11.260672, 11.781733, 12.065012 ] }, { "date": "2026-07-31", "close": 12.92, "volume": 140464045, "typical_volume": 147528082.5, "trend": 12.285723, "fair_value": 10.905334, "relative_strength": 6.968499, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.680524, "energy": 19.271973, "activity_lines": [ 12.092452, 11.538095, 11.845868, 12.108772 ] }, { "date": "2026-08-07", "close": 12.65, "volume": 137004268, "typical_volume": 149037350.35, "trend": 12.333056, "fair_value": 10.917452, "relative_strength": -0.112085, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 10.808185, "energy": 27.841612, "activity_lines": [ 12.422551, 11.751883, 11.88505, 12.132274 ] } ], "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." } } }