{ "ticker": { "uuid": "29a630f3-1c42-46c8-91c2-4afd9da1d562", "symbol": "603711", "name": "XIANGPIAOPIAO Food 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": -63.042, "architecture_energy": 59.898, "architecture_maturity": 22.793, "architecture_confidence": 83.48, "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": 13.09, "rotation_up": 12.01, "upward_expansion": 10.74, "deceleration": 44.27, "rotation_down": 68.89, "downward_expansion": 84.08 }, "activity_lines": [ 10.894, 11.20168, 12.123509, 12.427568 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 11.08, "trend_reference": 12.807908, "distance_from_trend": -0.134909, "trend_direction": "Weakening", "fair_value": 13.926521, "distance_from_fair_value": -0.204396, "fair_value_direction": "Weakening", "relative_strength": -15.453615, "relative_strength_direction": "Weakening", "price_momentum": -0.164404, "excess_performance": -0.1212, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.134909, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.060875, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.204396, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.18135, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.154536, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.115244, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.164404, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.392816, "read": "Supply-led" } ], "volume": { "latest": 28717816, "relative_activity": 1.509831, "balance": 0.392816, "dry_up": 1.734676, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.099195, "annualized_volatility": 0.389877, "from_high_reference": -0.359538, "from_low_reference": 0.123732 }, "levels": { "trend_reference": 12.807908, "fair_value_reference": 13.926521, "structural_low": 9.86, "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": 30, "median_return": 0.026072, "positive_rate": 0.533333, "directional_follow_through": 0.466667, "median_excess_return": 0.014834, "regime_survival": 0.7, "best_return": 0.261803, "worst_return": -0.117555, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.00337, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": -0.005337, "regime_survival": 0.384615, "best_return": 0.372727, "worst_return": -0.164918, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.06372, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.077286, "regime_survival": 0.5, "best_return": 0.872727, "worst_return": -0.298014, "sufficient": true }, { "horizon": "Full 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.833106, "energy": 81.740064, "activity_lines": [ 11.278082, 12.054884, 12.673946, 12.855723 ] }, { "date": "2026-07-24", "close": 9.93, "volume": 28745294, "typical_volume": 16824280.15, "trend": 12.978575, "fair_value": 14.007258, "relative_strength": -22.563603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.45339, "energy": 84.906062, "activity_lines": [ 10.758, 11.532604, 12.396006, 12.647879 ] }, { "date": "2026-07-31", "close": 11.37, "volume": 34374013, "typical_volume": 18081645.8, "trend": 12.886242, "fair_value": 13.968525, "relative_strength": -11.309119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.297983, "energy": 72.15362, "activity_lines": [ 10.873333, 11.362984, 12.269591, 12.5441 ] }, { "date": "2026-08-07", "close": 11.08, "volume": 28717816, "typical_volume": 19020551.4, "trend": 12.807908, "fair_value": 13.926521, "relative_strength": -15.453615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.04192, "energy": 59.89756, "activity_lines": [ 10.894, 11.20168, 12.123509, 12.427568 ] } ], "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." } } }