{ "ticker": { "uuid": "23c9d879-477d-4889-98d1-e97fdbf73634", "symbol": "603505", "name": "China Kings Resources Group 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.431, "architecture_energy": 63.891, "architecture_maturity": 13.12, "architecture_confidence": 82.415, "architecture_tenure": "New", "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": 34.83, "rotation_up": 12.03, "upward_expansion": 16.56, "deceleration": 34.41, "rotation_down": 68.64, "downward_expansion": 87.56 }, "activity_lines": [ 16.272515, 17.284777, 18.081472, 18.405323 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 16.700001, "trend_reference": 18.848654, "distance_from_trend": -0.113995, "trend_direction": "Weakening", "fair_value": 18.466544, "distance_from_fair_value": -0.095662, "fair_value_direction": "Weakening", "relative_strength": -8.964499, "relative_strength_direction": "Weakening", "price_momentum": -0.159537, "excess_performance": -0.116333, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.113995, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.011621, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.095662, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.131745, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.089645, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.067801, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.159537, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.25164, "read": "Demand-led" } ], "volume": { "latest": 68894839, "relative_activity": 0.736833, "balance": 1.25164, "dry_up": 0.968405, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.146074, "annualized_volatility": 0.672165, "from_high_reference": -0.306318, "from_low_reference": 0.187767 }, "levels": { "trend_reference": 18.848654, "fair_value_reference": 18.466544, "structural_low": 14.06, "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": 19, "median_return": 0.023939, "positive_rate": 0.578947, "directional_follow_through": 0.421053, "median_excess_return": 0.004424, "regime_survival": 0.684211, "best_return": 0.451049, "worst_return": -0.15332, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.034266, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.026563, "regime_survival": 0.333333, "best_return": 0.639226, "worst_return": -0.113885, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.012478, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.06706, "regime_survival": 0.2, "best_return": 0.452543, "worst_return": -0.06234, "sufficient": true }, { 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18.49835, "relative_strength": 16.609086, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.633414, "energy": 36.610021, "activity_lines": [ 19.989096, 19.753382, 19.316929, 19.311042 ] }, { "date": "2026-07-10", "close": 16.657715, "volume": 229982554, "typical_volume": 93219488.75, "trend": 19.157654, "fair_value": 18.501497, "relative_strength": -10.871899, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -30.855639, "energy": 11.719497, "activity_lines": [ 19.050207, 19.21675, 19.065131, 19.14732 ] }, { "date": "2026-07-17", "close": 16.08, "volume": 117490851, "typical_volume": 94434806.85, "trend": 19.099321, "fair_value": 18.499909, "relative_strength": -8.581313, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.311043, "energy": 42.41581, "activity_lines": [ 18.030232, 18.605666, 18.770228, 18.948762 ] }, { "date": "2026-07-24", "close": 15.87, "volume": 112707740, "typical_volume": 94257245.45, "trend": 19.019321, "fair_value": 18.493972, "relative_strength": -10.844683, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.633571, "energy": 53.748101, "activity_lines": [ 17.115674, 18.009491, 18.484896, 18.740418 ] }, { "date": "2026-07-31", "close": 16.040001, "volume": 63094797, "typical_volume": 93518744.9, "trend": 18.914654, "fair_value": 18.47877, "relative_strength": -10.169839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.601566, "energy": 64.615202, "activity_lines": [ 16.487077, 17.526043, 18.240184, 18.548204 ] }, { "date": "2026-08-07", "close": 16.700001, "volume": 68894839, "typical_volume": 93501241.65, "trend": 18.848654, "fair_value": 18.466544, "relative_strength": -8.964499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.430595, "energy": 63.890878, "activity_lines": [ 16.272515, 17.284777, 18.081472, 18.405323 ] } ], "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." } } }