{ "ticker": { "uuid": "253d9cf0-4f6a-4b2c-8c27-29fba436a8ec", "symbol": "600702", "name": "Shede Spirits 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": -51.054, "architecture_energy": 44.327, "architecture_maturity": 100.0, "architecture_confidence": 66.364, "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": 19.86, "rotation_up": 26.43, "upward_expansion": 18.21, "deceleration": 66.98, "rotation_down": 47.37, "downward_expansion": 70.55 }, "activity_lines": [ 36.188, 35.954, 38.127501, 40.59605 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 37.98, "trend_reference": 44.507608, "distance_from_trend": -0.146663, "trend_direction": "Weakening", "fair_value": 65.801506, "distance_from_fair_value": -0.42281, "fair_value_direction": "Weakening", "relative_strength": -25.425977, "relative_strength_direction": "Improving", "price_momentum": -0.320207, "excess_performance": -0.277003, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.146663, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.14755, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.42281, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.013755, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.25426, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.012488, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.320207, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.552505, "read": "Supply-led" } ], "volume": { "latest": 79923520, "relative_activity": 2.625748, "balance": 0.552505, "dry_up": 1.988456, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.086436, "annualized_volatility": 0.392342, "from_high_reference": -0.462467, "from_low_reference": 0.181337 }, "levels": { "trend_reference": 44.507608, "fair_value_reference": 65.801506, "structural_low": 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"relative_strength": -34.291801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.077309, "energy": 90.512881, "activity_lines": [ 34.533334, 36.512931, 39.495257, 42.404051 ] }, { "date": "2026-07-24", "close": 32.59, "volume": 50201974, "typical_volume": 25536007.2, "trend": 45.722559, "fair_value": 66.934031, "relative_strength": -34.823991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.062498, "energy": 81.668791, "activity_lines": [ 33.631334, 35.505661, 38.599593, 41.503097 ] }, { "date": "2026-07-31", "close": 38.779999, "volume": 65547448, "typical_volume": 27771923.35, "trend": 45.096662, "fair_value": 66.363762, "relative_strength": -22.275889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.148023, "energy": 58.765117, "activity_lines": [ 35.165333, 35.790546, 38.375246, 41.05519 ] }, { "date": "2026-08-07", "close": 37.98, "volume": 79923520, "typical_volume": 30438384.9, "trend": 44.507608, "fair_value": 65.801506, "relative_strength": -25.425977, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.054475, "energy": 44.326742, "activity_lines": [ 36.188, 35.954, 38.127501, 40.59605 ] } ], "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." } } }