{ "ticker": { "uuid": "29a252b4-0c0a-4f28-a3fc-13cf4d580a6a", "symbol": "603488", "name": "Flying Technology 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": -66.418, "architecture_energy": 80.431, "architecture_maturity": 17.705, "architecture_confidence": 81.44, "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": 18.11, "rotation_up": 8.26, "upward_expansion": 18.91, "deceleration": 37.05, "rotation_down": 78.92, "downward_expansion": 94.58 }, "activity_lines": [ 7.896, 8.848727, 9.997857, 10.233656 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 8.35, "trend_reference": 10.389667, "distance_from_trend": -0.196317, "trend_direction": "Improving", "fair_value": 8.567402, "distance_from_fair_value": -0.025375, "fair_value_direction": "Weakening", "relative_strength": -10.892928, "relative_strength_direction": "Weakening", "price_momentum": -0.235348, "excess_performance": -0.192144, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.196317, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.059233, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.025375, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.603945, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.108929, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.457325, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.235348, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.734231, "read": "Supply-led" } ], "volume": { "latest": 39346274, "relative_activity": 0.749822, "balance": 0.734231, "dry_up": 0.901544, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.168494, "annualized_volatility": 0.582855, "from_high_reference": -0.380564, "from_low_reference": 0.331738 }, "levels": { "trend_reference": 10.389667, "fair_value_reference": 8.567402, "structural_low": 6.27, "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": 15, "median_return": 0.038961, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.015334, "regime_survival": 0.533333, "best_return": 0.28169, "worst_return": -0.105263, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.133729, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.07128, "regime_survival": 0.142857, "best_return": 0.276569, "worst_return": -0.012658, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.109137, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.059758, "regime_survival": 0.166667, "best_return": 0.318822, "worst_return": -0.014615, "sufficient": true }, { "horizon": "Full 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11.013548 ] }, { "date": "2026-07-10", "close": 8.91, "volume": 56606600, "typical_volume": 52281319.6, "trend": 10.397, "fair_value": 8.567561, "relative_strength": -7.520358, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.956265, "energy": 27.409552, "activity_lines": [ 10.377333, 11.030364, 11.168429, 10.919247 ] }, { "date": "2026-07-17", "close": 7.47, "volume": 42395600, "typical_volume": 53480834.6, "trend": 10.389, "fair_value": 8.5657, "relative_strength": -17.343241, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -45.86761, "energy": 53.759738, "activity_lines": [ 9.210667, 10.304182, 10.832714, 10.730409 ] }, { "date": "2026-07-24", "close": 7.52, "volume": 58826080, "typical_volume": 51731724.55, "trend": 10.379333, "fair_value": 8.563912, "relative_strength": -17.612581, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.43534, "energy": 72.344791, "activity_lines": [ 8.368667, 9.690182, 10.513429, 10.545312 ] }, { "date": "2026-07-31", "close": 7.57, "volume": 48663096, "typical_volume": 51808533.1, "trend": 10.371333, "fair_value": 8.562754, "relative_strength": -17.222241, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.673458, "energy": 84.37008, "activity_lines": [ 7.897333, 9.162364, 10.211667, 10.364065 ] }, { "date": "2026-08-07", "close": 8.35, "volume": 39346274, "typical_volume": 52474139.8, "trend": 10.389667, "fair_value": 8.567402, "relative_strength": -10.892928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.418466, "energy": 80.430569, "activity_lines": [ 7.896, 8.848727, 9.997857, 10.233656 ] } ], "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." } } }