{ "ticker": { "uuid": "448bea79-8e0f-4b22-8c04-058ecad6dfa2", "symbol": "601886", "name": "Jangho Group 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 79.105, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -43.835, "architecture_energy": 25.072, "architecture_maturity": 18.084, "architecture_confidence": 51.136, "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": 46.26, "rotation_up": 19.87, "upward_expansion": 13.54, "deceleration": 62.14, "rotation_down": 45.04, "downward_expansion": 65.88 }, "activity_lines": [ 8.308667, 8.299273, 8.567465, 8.637758 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 8.27, "trend_reference": 8.713544, "distance_from_trend": -0.050903, "trend_direction": "Improving", "fair_value": 6.216888, "distance_from_fair_value": 0.330248, "fair_value_direction": "Weakening", "relative_strength": 2.224834, "relative_strength_direction": "Weakening", "price_momentum": -0.107121, "excess_performance": -0.063917, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.050903, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.027802, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.330248, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.2267, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.022248, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.148372, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.107121, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.023729, "read": "Demand-led" } ], "volume": { "latest": 22128642, "relative_activity": 0.782562, "balance": 1.023729, "dry_up": 0.939108, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.073389, "annualized_volatility": 0.330376, "from_high_reference": -0.158768, "from_low_reference": 0.247013 }, "levels": { "trend_reference": 8.713544, "fair_value_reference": 6.216888, "structural_low": 7.228542, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.016949, "positive_rate": 0.434783, "directional_follow_through": 0.565217, "median_excess_return": -0.001072, "regime_survival": 0.826087, "best_return": 0.55326, "worst_return": -0.251128, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.048177, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.029716, "regime_survival": 0.666667, "best_return": 0.735534, "worst_return": -0.276382, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.062205, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.025739, "regime_survival": 0.4, "best_return": 0.557082, "worst_return": -0.114535, "sufficient": true 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"date": "2026-07-24", "close": 8.41, "volume": 35530444, "typical_volume": 31154913.3, "trend": 8.666156, "fair_value": 6.209471, "relative_strength": 7.740339, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.740538, "energy": 52.098524, "activity_lines": [ 8.084667, 8.302364, 8.612305, 8.66719 ] }, { "date": "2026-07-31", "close": 8.64, "volume": 22287821, "typical_volume": 30765292.95, "trend": 8.700033, "fair_value": 6.214578, "relative_strength": 9.90009, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.096061, "energy": 40.243649, "activity_lines": [ 8.270667, 8.332182, 8.607721, 8.665502 ] }, { "date": "2026-08-07", "close": 8.27, "volume": 22128642, "typical_volume": 28277172.45, "trend": 8.713544, "fair_value": 6.216888, "relative_strength": 2.224834, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.835296, "energy": 25.071503, "activity_lines": [ 8.308667, 8.299273, 8.567465, 8.637758 ] } ], "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." } } }