{ "ticker": { "uuid": "57b98224-a251-41ba-83a3-e82b80c57ba9", "symbol": "603733", "name": "Xianhe 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": 86.24, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.115, "architecture_energy": 63.433, "architecture_maturity": 10.933, "architecture_confidence": 78.28, "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": 40.79, "rotation_up": 8.49, "upward_expansion": 12.68, "deceleration": 38.41, "rotation_down": 71.53, "downward_expansion": 86.02 }, "activity_lines": [ 20.240667, 21.774823, 22.363522, 22.604665 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 21.030001, "trend_reference": 23.025366, "distance_from_trend": -0.086659, "trend_direction": "Improving", "fair_value": 19.909917, "distance_from_fair_value": 0.056258, "fair_value_direction": "Weakening", "relative_strength": -9.086614, "relative_strength_direction": "Improving", "price_momentum": -0.143381, "excess_performance": -0.100177, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.086659, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.000315, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.056258, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.030859, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.090866, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.041069, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.143381, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.858842, "read": "Supply-led" } ], "volume": { "latest": 48095286, "relative_activity": 1.390479, "balance": 0.858842, "dry_up": 1.962195, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.129093, "annualized_volatility": 0.499142, "from_high_reference": -0.277221, "from_low_reference": 0.141694 }, "levels": { "trend_reference": 23.025366, "fair_value_reference": 19.909917, "structural_low": 18.42, "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": 18, "median_return": -0.011881, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.017456, "regime_survival": 0.777778, "best_return": 0.251622, "worst_return": -0.241972, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.045529, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.015662, "regime_survival": 0.625, "best_return": 0.238253, "worst_return": -0.274819, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.056874, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.026535, "regime_survival": 0.25, "best_return": 0.471873, "worst_return": -0.260454, "sufficient": false }, { "horizon": "Full cycle", 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"relative_strength": -8.901999, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "down", "direction": -50.982985, "energy": 43.723898, "activity_lines": [ 21.106772, 22.873358, 22.80596, 22.977744 ] }, { "date": "2026-07-31", "close": 19.610001, "volume": 61229923, "typical_volume": 33155341.05, "trend": 23.130032, "fair_value": 19.908895, "relative_strength": -13.041917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.8256, "energy": 52.81219, "activity_lines": [ 20.220667, 22.1891, 22.506574, 22.740151 ] }, { "date": "2026-08-07", "close": 21.030001, "volume": 48095286, "typical_volume": 34588998.3, "trend": 23.025366, "fair_value": 19.909917, "relative_strength": -9.086614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.115265, "energy": 63.433034, "activity_lines": [ 20.240667, 21.774823, 22.363522, 22.604665 ] } ], "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." } } }