{ "ticker": { "uuid": "2517dbf7-77e8-40e9-82b8-03f2ea9646c8", "symbol": "603712", "name": "TianJin 712 Communication & Broadcasting 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": -64.924, "architecture_energy": 62.234, "architecture_maturity": 77.014, "architecture_confidence": 92.828, "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": 8.92, "rotation_up": 20.5, "upward_expansion": 10.99, "deceleration": 57.66, "rotation_down": 62.7, "downward_expansion": 84.32 }, "activity_lines": [ 11.73, 12.119636, 13.274, 14.395462 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 12.11, "trend_reference": 16.176333, "distance_from_trend": -0.251375, "trend_direction": "Weakening", "fair_value": 20.650347, "distance_from_fair_value": -0.413569, "fair_value_direction": "Weakening", "relative_strength": -33.708817, "relative_strength_direction": "Weakening", "price_momentum": -0.386214, "excess_performance": -0.34301, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.251375, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.140517, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.413569, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.170851, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.337088, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.090684, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.386214, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.467597, "read": "Supply-led" } ], "volume": { "latest": 51213270, "relative_activity": 1.118749, "balance": 0.467597, "dry_up": 1.288263, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.109255, "annualized_volatility": 0.364827, "from_high_reference": -0.538667, "from_low_reference": 0.125465 }, "levels": { "trend_reference": 16.176333, "fair_value_reference": 20.650347, "structural_low": 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20.984911, "relative_strength": -37.586876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.390621, "energy": 77.264379, "activity_lines": [ 12.305333, 12.994364, 14.196095, 15.387613 ] }, { "date": "2026-07-24", "close": 10.89, "volume": 52646781, "typical_volume": 45621060.8, "trend": 16.726, "fair_value": 20.866239, "relative_strength": -39.815226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.31938, "energy": 71.482055, "activity_lines": [ 11.756, 12.497455, 13.781286, 14.991656 ] }, { "date": "2026-07-31", "close": 11.84, "volume": 51005704, "typical_volume": 45318992.2, "trend": 16.465, "fair_value": 20.754615, "relative_strength": -34.125304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.780657, "energy": 65.26919, "activity_lines": [ 11.679333, 12.248182, 13.499286, 14.67643 ] }, { "date": "2026-08-07", "close": 12.11, "volume": 51213270, "typical_volume": 45777263.55, "trend": 16.176333, "fair_value": 20.650347, "relative_strength": -33.708817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.923871, "energy": 62.234253, "activity_lines": [ 11.73, 12.119636, 13.274, 14.395462 ] } ], "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." } } }