{ "ticker": { "uuid": "48367319-4f57-4e14-9d74-25e7e45ced34", "symbol": "600371", "name": "Wanxiang Doneed 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": -47.259, "architecture_energy": 43.683, "architecture_maturity": 95.072, "architecture_confidence": 65.738, "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": 25.84, "rotation_up": 26.74, "upward_expansion": 19.0, "deceleration": 66.96, "rotation_down": 37.65, "downward_expansion": 64.33 }, "activity_lines": [ 6.741333, 6.702545, 7.120076, 7.538873 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 7.05, "trend_reference": 8.075306, "distance_from_trend": -0.126968, "trend_direction": "Weakening", "fair_value": 8.622697, "distance_from_fair_value": -0.18239, "fair_value_direction": "Weakening", "relative_strength": -16.488593, "relative_strength_direction": "Weakening", "price_momentum": -0.306096, "excess_performance": -0.262893, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.126968, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.085005, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.18239, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.143434, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.164886, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.037449, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.306096, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.312037, "read": "Supply-led" } ], "volume": { "latest": 31871800, "relative_activity": 1.383427, "balance": 0.312037, "dry_up": 1.132813, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.076154, "annualized_volatility": 0.327671, "from_high_reference": -0.306096, "from_low_reference": 0.144481 }, "levels": { "trend_reference": 8.075306, "fair_value_reference": 8.622697, "structural_low": 6.16, "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": 25, "median_return": -0.008057, "positive_rate": 0.48, "directional_follow_through": 0.52, "median_excess_return": -0.017224, "regime_survival": 0.84, "best_return": 0.161442, "worst_return": -0.147479, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.035338, "positive_rate": 0.222222, "directional_follow_through": 0.777778, "median_excess_return": -0.023837, "regime_survival": 0.555556, "best_return": 0.478057, "worst_return": -0.22083, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.004588, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.051712, "regime_survival": 0.4, "best_return": 0.258152, "worst_return": -0.331995, "sufficient": true }, { "horizon": "Full cycle", 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"relative_strength": -24.488713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.632433, "energy": 67.305578, "activity_lines": [ 6.512667, 6.682331, 7.26354, 7.699828 ] }, { "date": "2026-07-31", "close": 6.78, "volume": 20816223, "typical_volume": 25408338.15, "trend": 8.127298, "fair_value": 8.650755, "relative_strength": -18.005585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.866087, "energy": 57.368963, "activity_lines": [ 6.596, 6.657273, 7.172855, 7.608376 ] }, { "date": "2026-08-07", "close": 7.05, "volume": 31871800, "typical_volume": 23038300.05, "trend": 8.075306, "fair_value": 8.622697, "relative_strength": -16.488593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.258674, "energy": 43.683473, "activity_lines": [ 6.741333, 6.702545, 7.120076, 7.538873 ] } ], "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." } } }