{ "ticker": { "uuid": "444b6e05-7916-43fe-b333-59afbec9ad80", "symbol": "603206", "name": "Bestlink Technologies 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": -60.026, "architecture_energy": 64.453, "architecture_maturity": 14.063, "architecture_confidence": 82.699, "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": 27.13, "rotation_up": 10.07, "upward_expansion": 13.99, "deceleration": 37.75, "rotation_down": 68.79, "downward_expansion": 87.32 }, "activity_lines": [ 13.646667, 14.467454, 15.555602, 15.878915 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 14.69, "trend_reference": 16.336463, "distance_from_trend": -0.100785, "trend_direction": "Weakening", "fair_value": 16.169772, "distance_from_fair_value": -0.091515, "fair_value_direction": "Weakening", "relative_strength": -11.18023, "relative_strength_direction": "Weakening", "price_momentum": -0.140433, "excess_performance": -0.097229, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.100785, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.029159, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.091515, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.161656, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.111802, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.048296, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.140433, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.233541, "read": "Demand-led" } ], "volume": { "latest": 41962210, "relative_activity": 1.235716, "balance": 1.233541, "dry_up": 0.778508, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.156874, "annualized_volatility": 0.5121, "from_high_reference": -0.362546, "from_low_reference": 0.233417 }, "levels": { "trend_reference": 16.336463, "fair_value_reference": 16.169772, "structural_low": 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40.694721, "activity_lines": [ 15.887333, 16.521965, 16.669581, 16.709851 ] }, { "date": "2026-07-17", "close": 12.96, "volume": 24126200, "typical_volume": 32014325.7, "trend": 16.688463, "fair_value": 16.233899, "relative_strength": -19.500296, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.297133, "energy": 66.596924, "activity_lines": [ 14.65, 15.799614, 16.323991, 16.460789 ] }, { "date": "2026-07-24", "close": 12.58, "volume": 23117096, "typical_volume": 32337510.8, "trend": 16.547463, "fair_value": 16.207696, "relative_strength": -22.316358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.637907, "energy": 76.28753, "activity_lines": [ 13.642, 15.088459, 15.961115, 16.195727 ] }, { "date": "2026-07-31", "close": 13.37, "volume": 16540194, "typical_volume": 32526770.6, "trend": 16.423129, "fair_value": 16.183524, "relative_strength": -17.300498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.942819, "energy": 73.715205, "activity_lines": [ 13.323333, 14.607049, 15.689287, 15.990729 ] }, { "date": "2026-08-07", "close": 14.69, "volume": 41962210, "typical_volume": 33957805.9, "trend": 16.336463, "fair_value": 16.169772, "relative_strength": -11.18023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.025585, "energy": 64.452956, "activity_lines": [ 13.646667, 14.467454, 15.555602, 15.878915 ] } ], "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." } } }