{ "ticker": { "uuid": "3c67bd5a-bcc7-4a57-89b1-8e3f747ed679", "symbol": "600678", "name": "Sichuan Golden Summit (group) Joint-Stock 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": -66.233, "architecture_energy": 83.858, "architecture_maturity": 51.968, "architecture_confidence": 93.845, "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": 14.66, "rotation_up": 23.57, "upward_expansion": 20.77, "deceleration": 37.7, "rotation_down": 61.5, "downward_expansion": 94.11 }, "activity_lines": [ 5.490667, 5.901455, 6.693714, 7.739849 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 5.6, "trend_reference": 9.249, "distance_from_trend": -0.394529, "trend_direction": "Weakening", "fair_value": 7.711667, "distance_from_fair_value": -0.273828, "fair_value_direction": "Weakening", "relative_strength": -42.798181, "relative_strength_direction": "Weakening", "price_momentum": -0.566228, "excess_performance": -0.523024, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.394529, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.169724, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.273828, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.438153, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.427982, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.211172, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.566228, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.85481, "read": "Supply-led" } ], "volume": { "latest": 48460744, "relative_activity": 0.729532, "balance": 0.85481, "dry_up": 0.853119, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.147115, "annualized_volatility": 0.652361, "from_high_reference": -0.643085, "from_low_reference": 0.186441 }, "levels": { "trend_reference": 9.249, "fair_value_reference": 7.711667, "structural_low": 4.72, "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": -0.015595, "positive_rate": 0.466667, "directional_follow_through": 0.533333, "median_excess_return": -0.007159, "regime_survival": 0.8, "best_return": 0.196755, "worst_return": -0.130435, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.013746, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.00015, "regime_survival": 0.4, "best_return": 0.361165, "worst_return": -0.09331, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.234155, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.176425, "regime_survival": 0.0, "best_return": 0.487132, "worst_return": 0.001698, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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"regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.697326, "energy": 61.439019, "activity_lines": [ 6.404, 6.465636, 7.533857, 8.603075 ] }, { "date": "2026-07-24", "close": 4.98, "volume": 62245128, "typical_volume": 68724071.3, "trend": 9.778667, "fair_value": 7.71141, "relative_strength": -48.471399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.529953, "energy": 69.502076, "activity_lines": [ 5.874667, 6.185273, 7.190571, 8.275161 ] }, { "date": "2026-07-31", "close": 5.4, "volume": 50295909, "typical_volume": 67908921.8, "trend": 9.518667, "fair_value": 7.710962, "relative_strength": -43.813925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.296465, "energy": 78.589594, "activity_lines": [ 5.595333, 6.016182, 6.918143, 7.992667 ] }, { "date": "2026-08-07", "close": 5.6, "volume": 48460744, "typical_volume": 66427147.75, "trend": 9.249, "fair_value": 7.711667, "relative_strength": -42.798181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.232938, "energy": 83.85803, "activity_lines": [ 5.490667, 5.901455, 6.693714, 7.739849 ] } ], "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." } } }